Romney goes above and beyond by releasing 2011 tax returns and 20 years of tax data

[patteeu]

Release of Romney's 2011 tax returns is imminent and the campaign has offered a preview of that return plus a summary of 20 years worth of relevant tax data:

2011 Highlights:

• In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.
• The Romneys’ effective tax rate for 2011 was 14.1%.
• The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.
• The Romneys claimed a deduction for $2.25 million of those charitable contributions.
• The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor's statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years.

Additionally, the Romney campaign is releasing a summary of 20 years of taxes, between 1990-2009, detailing their tax expenditures during those years:

• In each year during the entire 20-year period, the Romneys owed both state and federal income taxes.
• Over the entire 20-year period, the average annual effective federal tax rate was 20.20%.
• Over the entire 20-year period, the lowest annual effective federal personal tax rate was 13.66%.
• Over the entire 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income.
• Over the entire 20-year period, the total federal and state taxes owed plus the total charitable donations deducted represented 38.49% of total AGI.

A few observations:

• Romney paid more, both in terms of dollars and effective tax rate, than any of you who are secretaries.
• In fact, he paid more, both in terms of dollars and effective tax rate, than most of the people who will read this post.
• Romney is one charitable son of a gun.

[KC native]

Originally Posted by Saul Badguy

Okay, taxshrink. The Taxers are born.

And in the off chance that Romney wins the election, nothing in those returns would disqualify him from the office. It's not even remotely similar but I can see how a shyster annuity salesman might think they are.

[Dallas Chief]

Originally Posted by J Diddy

You've been here for 10 years and have posted less than 2000 times and you're going to call out someone for not posting enough to have an opinion?

Attack the messenger. Typical lib tactic. Maybe I have a life and a real job and real responsibilities that prohibit me from posting from my Aunt Mimi's basement 24/7. Cool story though...

[J Diddy]

Originally Posted by Dallas Chief

Attack the messenger. Typical lib tactic. Maybe I have a life and a real job and real responsibilities that prohibit me from posting from my Aunt Mimi's basement 24/7. Cool story though...

I'm not going to go through who I am and what I'm doing, it's well documented on this site. However, if you can't find it I'd be happy to bring you up to speed. I'd like to point out, though, I'm not that guy.

Furthermore, you're the one who said he just comes around to post during the election time. Maybe he has a life and a real job and real responsibilities that prohibit him from posting from his Aunt Mimi's basement 24/7.

You should watch out. You're using typical lib tactics by attacking the messenger.

[BigRedChief]

Originally Posted by J Diddy

I'm not going to go through who I am and what I'm doing, it's well documented on this site. However, if you can't find it I'd be happy to bring you up to speed. I'd like to point out, though, I'm not that guy.

Furthermore, you're the one who said he just comes around to post during the election time. Maybe he has a life and a real job and real responsibilities that prohibit him from posting from his Aunt Mimi's basement 24/7.

You should watch out. You're using typical lib tactics by attacking the messenger.

Dallas Chief is

[Dallas Chief]

Originally Posted by J Diddy

I'm not going to go through who I am and what I'm doing, it's well documented on this site. However, if you can't find it I'd be happy to bring you up to speed. I'd like to point out, though, I'm not that guy.

Furthermore, you're the one who said he just comes around to post during the election time. Maybe he has a life and a real job and real responsibilities that prohibit him from posting from his Aunt Mimi's basement 24/7.

You should watch out. You're using typical lib tactics by attacking the messenger.

Don't turn this around on me Clayton. You called me out for being a part time poster. Well I may be that, but it has been consistently spread across all 10 years. The guy you are white knighting, Mr. Kool Aid, blows up DC every election cycle with his tales of doom and gloom from the Social Wars. Plus his shit doesn't even make sense. It's like he moved to FL and started drinking the canal water. Post election he will go back to his hovel and wont be heard from unless there is a need here for more f his liberal fruit punch.

[J Diddy]

Originally Posted by Dallas Chief

Don't turn this around on me Clayton. You called me out for being a part time poster. Well I may be that, but it has been consistently spread across all 10 years. The guy you are white knighting, Mr. Kool Aid, blows up DC every election cycle with his tales of doom and gloom from the Social Wars. Plus his shit doesn't even make sense. It's like he moved to FL and started drinking the canal water. Post election he will go back to his hovel and wont be heard from unless there is a need here for more f his liberal fruit punch.

and what do you do? What's your excuse?

Bottom line is I applied your logic to your situation and it bit you in your tiny pecker.

[Dallas Chief]

Originally Posted by J Diddy

and what do you do? What's your excuse?

Bottom line is I applied your logic to your situation and it bit you in your tiny pecker.

Please try to keep up. I work. I pay bills. No free frijoles here. Bottom line is your logic sucks and so do your tamales. Ohhhhhhhhh shitttt!!!! BOOM!

[J Diddy]

Originally Posted by Dallas Chief

Please try to keep up. I work. I pay bills. No free frijoles here. Bottom line is your logic sucks and so do your tamales. Ohhhhhhhhh shitttt!!!! BOOM!

So you're what, 6?

[Dallas Chief]

Originally Posted by J Diddy

So you're what, 6?

6 what? No comprendo Senor Gorila!!!!

[J Diddy]

Originally Posted by Dallas Chief

6 what? No comprendo Senor Gorila!!!!

los campeones del mundo

[Dallas Chief]

Originally Posted by J Diddy

los campeones del mundo

Sorry I don't speak Spanish. I am only a half breed mutt and therefore must not be good enough to communicate in that tongue.

[J Diddy]

Originally Posted by Dallas Chief

Sorry I don't speak Spanish. I am only a half breed mutt and therefore must not be good enough to communicate in that tongue.

www.spanishdict.com

[Dallas Chief]

Originally Posted by J Diddy

www.spanishdict.com

No need to explain. We all know who and what you are now.

[BucEyedPea]

Originally Posted by J Diddy

I imagine alot of which was to his church. Not exactly feeding the poor.

Nonetheless, good for him.

Another busy body lefty telling others how to spend their money. If they don't give to groups they prefer, as in redistribution of wealth instead of other causes, the person is still a tightwad.

[BucEyedPea]

Originally Posted by J Diddy

los campeones del mundo

the champions of the world

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