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Author Topic: Romney Inflates His 2011 Taxes to 14.1%  (Read 1514 times)

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Offline Damen

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Romney Inflates His 2011 Taxes to 14.1%
« on: September 21, 2012, 04:45:52 pm »
You read right, boys and girls and everything in between. Romney released his 2011 tax returns (on a Friday when no one would be watching) and showed us he did everything he could to pay MORE than he owes. And for that? He paid 14.1%.

If he hadn't done that? He'd have paid 9%. I recall what he said in July:

Quote
"Frankly, if I had paid more than are legally due, I don't think I'd be qualified to become president. I'd think people would want me to follow the law and pay only what the tax code requires."

...wow.
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Offline KZN02

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #1 on: September 21, 2012, 04:50:06 pm »
Speaking of taxes, what about the whole Romney's tax records were hacked into and are being held ransom and will be released some time soon unless paid?
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Offline TigerHunter

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #2 on: September 21, 2012, 05:26:03 pm »
Right before I saw this thread, I was thinking that Romney could win points with the middle class by donating enough money to the government that he's paid the same rate as them for the last 10 years or so. So much for that.
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Offline RavynousHunter

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #3 on: September 21, 2012, 05:34:12 pm »
Mitt Romney: the most bourgeois cracker alive.
« Last Edit: September 21, 2012, 05:36:49 pm by RavynousHunter »
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Offline ironbite

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #4 on: September 21, 2012, 06:35:33 pm »
OH BOO HOO!  YOU PAID 14.1%  YOU CAN SO BE PRESIDENT MITT!  I WAS WRONG ABOUT YOU!  I WAS...wrong.

Ironbite-shut up and go back to the Cayman's you no-spine Frankenstein-looking prick.
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Offline m52nickerson

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #5 on: September 21, 2012, 09:47:19 pm »
The best part is the day after the election when the story comes out that Mitt filed an amendment to his return so he can get his money.
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Offline armandtanzarian

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #6 on: September 21, 2012, 10:08:56 pm »
Why does it matter? He's fucked if he does and fucked if he doesn't.

I honestly still don't know he picked up on the liberal grevience on taxes, mainly it's not how much you pay, but the fact that capital gains, the largest loophole in the code, is taxed at a far lower rate than wages. If he did, nothing can fix that. He can't deny his investment gains or sell them off in a heartbeat. So why is this news?
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Offline Bezron

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #7 on: September 22, 2012, 06:16:38 am »
I'm literally watching a rerun of Maddow on this very topic.  For the record, 14.1% is something like 6-8% lower than the average American pays in income taxes each year.  The EIC is bs and does NOT cause people to not pay taxes.  It simply allows you to get more of what was withheld back on a certain percentage of your earnings.

Also, how did he "forget" to include his Swiss accounts (most popular tax haven after the Cayman Islands) in his financial statements?
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Offline Cerim Treascair

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Re: Romney Inflates His 2011 Taxes to 14.1%
« Reply #8 on: September 22, 2012, 03:43:57 pm »
I always pay more in taxes so I ALWAYS get a tax rebate come tax time.  Haven't owed yet, and that's the way I like it.  The trade-off? I pay about 20% in taxes per paycheck.
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