Revealed: Mitt Romney’s tax returns

posted at 3:31 pm on September 21, 2012 by Erika Johnsen

Mitt Romney’s campaign released his 2011 tax information this afternoon, as well as a notarized letter from PriceWaterhouseCoopers attesting to Romney’s tax rates from 1990-2009, and I must say: Well played, Romney campaign. Well played, indeed. The Democrats have been making a federal case of Romney’s supposed “tax secrecy,” with countless ads and speeches and the voice in Harry Reid’s head making Romney out to be a greedy, tax-evading corporate mastermind of epic proportions, but the Romney camp just let them huff and puff until they wore themselves out, and now they’re releasing the information on their terms. I’m sure the Democrats will find some stupid, populist way to continue to criticize Romney over this, but… BAZINGA:

Regarding the newly-filed 2011 Tax Return:

-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. …

Regarding the PWC letter covering the Romneys’ tax filings over 20 years, from 1990 – 2009:

-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.

During the 20-year period covered by the PWC letter, Gov. and Mrs. Romney paid 100 percent of the taxes that they owed.

So, let’s just take a second here to process this. Mitt Romney, who is ostensibly uncaring, out-of-touch, and disdainful of poor people, gave more than 13 percent of his income (amounting to millions and millions of dollars) over twenty years to charity, and didn’t even always take the full tax deduction. (The bastard!) By at least one count, the average effective federal tax rate for Americans is 11 percent — and Romney’s average annual rate was 20 percent, also amounting to millions and millions of dollars that went into the federal government’s coffers. He has done nothing wrong or shady, unless you consider being a wildly excellent businessman to be a vice, and the finger-pointers now look pretty darn dumb.

If this isn’t it, can somebody please explain to me exactly what it is that a “fair share” is supposed to look like? Are we supposed to detest rich people, or should we admire them? Will the real Barack Obama please stand up?


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2 3 5

Was there a drum roll?

:P

Ladysmith CulchaVulcha on September 21, 2012 at 3:36 PM

They’re going to say he gave to the church and that doesn’t count.

NoVAHockey on September 21, 2012 at 3:37 PM

BOOYA!

rollthedice on September 21, 2012 at 3:37 PM

…but the Romney camp just let them huff and puff until they wore themselves out, and now they’re releasing the information on their terms.

That was exactly my take. Agree, well played.

jazzmo on September 21, 2012 at 3:37 PM

3…2…1… Till the Fifth Column Treasonous Media starts up the lie, distortion and obfuscation machine to spin this as Mitt Romney’s death knell…

SWalker on September 21, 2012 at 3:38 PM

Ok Bark, tit for tat, where are those college transcripts?

bernzright777 on September 21, 2012 at 3:38 PM

That is a lot to give to charity. Heartless bastard.

The Notorious G.O.P on September 21, 2012 at 3:38 PM

They’re going to say he gave to the church and that doesn’t count.

NoVAHockey on September 21, 2012 at 3:37 PM

And if they do, you’ll see the religious bigot meme played to the hilt.
The whole dem narrative just went up in flames.

rollthedice on September 21, 2012 at 3:38 PM

Heh, I can’t wait to see what kind of contortions the liberals twist themselves into in order to criticize this.

Bring on the popcorn.

Mohonri on September 21, 2012 at 3:38 PM

No, this won’t stop the libs, they’ll want hardcopies of all the actual return paperwork.

Ward Cleaver on September 21, 2012 at 3:39 PM

Ok Bark, tit for tat, where are those college transcripts?

bernzright777 on September 21, 2012 at 3:38 PM

Satan himself is holding them in Hell…for safe keeping…

SWalker on September 21, 2012 at 3:39 PM

Mitt Romney’s campaign released his 2011 tax information this afternoon, as well as a notarized letter from PriceWaterhouseCoopers attesting to Romney’s tax rates from 1990-2009, and I must say: Well played, Romney campaign.

I hope the regime trots out some surrogates to attack the integrity of PriceWaterhouseCooper. There are a lot of dems who work there. I would like to see those votes in play.

Kataklysmic on September 21, 2012 at 3:39 PM

F*ck off now Harry Reid… and all you liberal scumbags.

SmallGovtGuy on September 21, 2012 at 3:39 PM

Not bad for a murderer…////

d1carter on September 21, 2012 at 3:39 PM

bbbuuttt…buttt…but Kanye said that Romney don’t pay no taxes and he is Kanye and he luvs Obama and…..

burrata on September 21, 2012 at 3:39 PM

If this isn’t it, can somebody please explain to me exactly what it is that a “fair share” is supposed to look like?

Fair Share is determined by the looters and weepers. It is nebulous and arbitrary.

Are we supposed to detest rich people, or should we admire them?

It isn’t the wealth that is despised, it is the Republican affiliation…aka “other”

Will the real Barack Obama please stand up?

I’d prefer he just disappeared for eternity.

tom daschle concerned on September 21, 2012 at 3:40 PM

will any reporter call Harry Reid on his “paid no taxes” claim?

commodore on September 21, 2012 at 3:40 PM

I’m telling you, that’s how those Mormons lure you in, with kindness and charity. The bastards!

SKYFOX on September 21, 2012 at 3:40 PM

in other news the world is still burning down.

rob verdi on September 21, 2012 at 3:40 PM

He has done nothing wrong or shady, unless you consider being a wildly excellent businessman to be a vice,

The thing is, the Left does.

rbj on September 21, 2012 at 3:40 PM

Well, it’s obvious, isn’t it? Those folks at PWC are in the back pocket of Republicans. Probably racists too, I’ll need to check with Chris Matthews on that though.

ButterflyDragon on September 21, 2012 at 3:40 PM

The left will still be screaming about this.
harry Reid will just be jealous.

Jabberwock on September 21, 2012 at 3:40 PM

“And if they do, you’ll see the religious bigot meme played to the hilt.”

Agreed.

NoVAHockey on September 21, 2012 at 3:40 PM

Excellent! I am getting a good feeling about the Romney camp getting the act together with this and sharper messaging. Now fire up the death star Lord knows there is alot out here that not nearly enough americans are aware of….

Natebo on September 21, 2012 at 3:40 PM

“Left outraged Romney paid too MUCH in taxes, gave 30 percent to charity; Reid, Biden hardest hit”

lovingmyUSA on September 21, 2012 at 3:41 PM

Let’s compare his charitable giving to, say, Harry Reid. What say you, Reid…you that generous, or just with other people’s money?

changer1701 on September 21, 2012 at 3:41 PM

for the record, 47-14=33. Think about it. Or don’t.

rob verdi on September 21, 2012 at 3:41 PM

“Fair share” according to a democrat is a measure that will always be just above the margin that someone voluntarily gives to charity.

In other words, they don’t want the individual to decide.

Of course, now we have the Buffet Rule passing the House and Mitt has chopped Harry off at the knees…

I would say the argument is won by Romney.

P.S. Good luck to future candidates. The precedent has been set.

nitzsche on September 21, 2012 at 3:41 PM

Irrelevant.

Mother Jones has hidden camera video of Romney not coming to a complete stop at a stop sign.

caverduc on September 21, 2012 at 3:41 PM

Biden’s idea of charity: gave some chains to a disabled black woman.

sentinelrules on September 21, 2012 at 3:41 PM

Heh, I can’t wait to see what kind of contortions the liberals twist themselves into in order to criticize this.

Bring on the popcorn.

Mohonri on September 21, 2012 at 3:38 PM

P1$$y will start with ” Romneys are racists “

burrata on September 21, 2012 at 3:41 PM

Wow what a rope a dope. Boom!!! Man they have nothing, Romney totally jacked them, now let’s talk about college and health records Obama

Conservative4ev on September 21, 2012 at 3:41 PM

God Bless them – what a generous couple.

gophergirl on September 21, 2012 at 3:42 PM

How much did bho/mo give to charity? Sure the heck wasn’t near the % of income Mitt/Ann did!
L

letget on September 21, 2012 at 3:42 PM

Gee, if only this generous man had the advantage of running against someone who allows his own brother to live in squalor in Kenya.

Hey, wait a minute…

radjah shelduck on September 21, 2012 at 3:42 PM

They’re going to say he gave to the church and that doesn’t count.

NoVAHockey on September 21, 2012 at 3:37 PM

And offend every church going person out there. Go make my day

Conservative4ev on September 21, 2012 at 3:42 PM

I never thought I’d see the day when such a heartless capitalist, felon, dog abuser (not eater), misogynist could prove that he actually gave money to charity.

////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Shove it, Reid. Same to MO & BO, the cheapskate Bidens and all the Dems.

Cody1991 on September 21, 2012 at 3:43 PM

Trolls hardest hit. Which will be the first to weigh in about it.

chemman on September 21, 2012 at 3:43 PM

So, let’s just take a second here to process this. Mitt Romney, who is ostensibly uncaring, out-of-touch, and disdainful of poor people, gave more than 13 percent of his income (amounting to millions and millions of dollars) over twenty years to charity, and didn’t even always take the full tax deduction.

Moroni requires him to give that in order to ascend to the god state. That is not charity.

By at least one count, the average effective federal tax rate for Americans is 11 percent — and Romney’s average annual rate was 20 percent,

This is far below the tax rate of top earners. Read a book. %14! Come on!

He has done nothing wrong or shady, unless you consider being a wildly excellent businessman to be a vice, and the finger-pointers now look pretty darn dumb.

You are basing this on nothing but a press release.

This jerk slimily says that it would be un-American to pay more than the minimum amount of taxes required by law. And then behind closed doors disparages an entire group of people who do the same thing. He’s a creep.

tommyhawk on September 21, 2012 at 3:44 PM

The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.

LOL. My first thought was – how little, statistically, the Commie pigs donate, unless it’s other people’s confiscated hard earnings. Including The Commie.

Commie pigs.

OhEssYouCowboys on September 21, 2012 at 3:44 PM

Now about those college transcripts Hopey ………….

FlaMurph on September 21, 2012 at 3:44 PM

The concept of paying ‘a fair share’ isn’t a set dollar amount or percentage. It’s an open-ended complaint, in that no matter how much Mitt or any other wealthy Republican pays in taxes he or she could always have paid ‘a little more’ (this concept does not apply to the Charlie Rangels and Harry Reids on the Dem side, of course).

There is also the other side of the liberal coin on this: No one needs to make/have that kind of money.

Liam on September 21, 2012 at 3:44 PM

At least we’re not talking about Beiber…

PatriotRider on September 21, 2012 at 3:44 PM

’m telling you, that’s how those Mormons lure you in, with kindness and charity. The bastards! SKYFOX on September 21, 2012 at 3:40 PM

Pssstttt: Dingy Harry is a Mormon. I gotta admit that Dingy sure doesn’t fit that stereotype…just confirms his hypocrisy.

Dingbat63 on September 21, 2012 at 3:45 PM

Our tax code layers taxation of dividends and capital gains on top of a top corporate tax rate of 35%—which even President Obama acknowledges is one of the highest in the world. …This double taxation brings the effective tax rate on investment income to as much as 44.75%. In other words, after the combined top tax rates hit $100 of corporate income, $55.25 remains for the investor. And this figure doesn’t even include various state and local taxes, or the death tax. Moreover, like the rest of us, Mr. Romney paid income taxes before investing… Mr. Romney should use the opportunity of releasing his tax returns to make an important policy statement. They should include not only their individual returns, but information about the taxes their corporations pay. …In this way the candidates can help explode the myth of the U.S. as a low-tax nation.

redguy on September 21, 2012 at 3:45 PM

How much did bho/mo give to charity? Sure the heck wasn’t near the % of income Mitt/Ann did!
L

letget on September 21, 2012 at 3:42 PM

BHO/MO have given enough to charity…its called Obamacare and all his other failed initatives.

SmallGovtGuy on September 21, 2012 at 3:45 PM

This is a GREAT Friday dump! Well done Mitt/team!
L

letget on September 21, 2012 at 3:46 PM

The new Progressive Democrat version of The American Dream:

America is the Land of Opportunity; Go forth and PROSPER.

And, as soon as you do, bend over.

IndieDogg on September 21, 2012 at 3:46 PM

Sure for a RINO, Loser Romney donated, but did he donate to the TEA Party? If not, then he’s nothing but an Establishment shill./

JFKY on September 21, 2012 at 3:46 PM

This is far below the tax rate of top earners. Read a book. %14! Come on!

Except that the Romneys gave more of their income to taxes/charity than the Obamatards.

In 2011, the Romneys donated $4,020,772 to charity, which was 30% of their income. The Romneys also paid $1,935,708 in taxes on $13,696,951 in income, which is an effective 2011 tax rate of 14.1%. In total, they gave 44.1% of their income to others.

In 2011, the Obamas paid $162,000 in income tax in 2011. They donated $172,000 to charity. Their effective tax rate was 20.5% and they gave roughly 22% of their income to charity, which means the Obamas gave about 42.% of their income to others.

/End thread

sentinelrules on September 21, 2012 at 3:46 PM

Also consider that for many years (including 2011, which is noted in the blockquote), this was investment income taxed at capital gains rates (15%, IIRC). Thus, he’s not going to be paying top marginal rates on a lot of this.

That’s the way it should be, really. We should encourage investment, and the money that’s been invested has already been taxed as income.

A440Hz on September 21, 2012 at 3:46 PM

I’m betting the media will bury this.

Hard Right on September 21, 2012 at 3:46 PM

Reid lied.
.
.
.
.
.
.
.
.
.
.
.
.
Progs cried.

Perhaps, they should sue him for “detrimental reliance.” lol

Resist We Much on September 21, 2012 at 3:46 PM

Mother Jones has hidden camera video of Romney not coming to a complete stop at a stop sign.

caverduc on September 21, 2012 at 3:41 PM

LOL but California Stops aren’t something the average Joe or Judy is going to get bent out of shape about. The California Stop is still a safer maneuver than the drive by media practices.

chemman on September 21, 2012 at 3:46 PM

They’re going to say he gave to the church and that doesn’t count.

NoVAHockey on September 21, 2012 at 3:37 PM

Yes, those evil Prop8 Mormons who ruined the dreams of every gay Californian./////

tdpwells on September 21, 2012 at 3:47 PM

Gee, if only this generous man had the advantage of running against someone who allows his own brother to live in squalor in Kenya.

Hey, wait a minute…

radjah shelduck on September 21, 2012 at 3:42 PM

Ooooohhhhh……….. calling Mitt…. calling Priebus…….

Perhaps the Republicans should send Brother George a check along with assistance for job training and a letter of condolence for having such a $hitty brother.

Next week, please.

Cody1991 on September 21, 2012 at 3:47 PM

BAM!! Now let’s get after that idiot Obama’s college transcripts!

TheAudacityofNOPE on September 21, 2012 at 3:47 PM

Now, how about filing a slander charge against Harry Reid?

sentinelrules on September 21, 2012 at 3:47 PM

I’m thinking of sending a notarized letter from my accountant Irving to the IRS on 4/15. Dispositive.

plewis on September 21, 2012 at 3:47 PM

Cue the lefties asking to see the entire returns and not just some piece of notarized paper in 3…2…1…

italianguy626 on September 21, 2012 at 3:47 PM

Resist We Much on September 21, 2012 at 3:46 PM

He’d settle out of court. He wouldn’t want to lose all those ill gotten riches he’s extorted while being in the senate.

chemman on September 21, 2012 at 3:48 PM

“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,” Malt wrote on the Romney campaign website.

Haha, what a charlatan. “Charitable”.

tommyhawk on September 21, 2012 at 3:48 PM

The Romney’s: walking the talk. Putting their own money where their values are.

It’s so much easier to be charitable with other people’s money, right Libs?

Wasn’t Algore one of the worst for charitable giving. All talk. No walk.

parteagirl on September 21, 2012 at 3:48 PM

ALSO…..

I still don’t know where I saw this reported, if someone can find it, but I read of a study of the giving habits of the Members of Congress and it showed that Republicans on average gave far more to charity than did Democrats.

What does that say about who “cares” the most?

Democrats love to “care” as long as they’re doing it with other people’s money.

Of course, if I’m wrong, I take it all back.

IndieDogg on September 21, 2012 at 3:49 PM

Biden gave average of $369 to charity a year

http://www.usatoday.com/news/politics/election2008/2008-09-12-biden-financial_N.htm

redguy on September 21, 2012 at 3:49 PM

tommyhawk on September 21, 2012 at 3:44 PM

Wassamatta, little one? Here, have a Kleenex.

Well done, Future President Romney. Well done, indeed.

kingsjester on September 21, 2012 at 3:49 PM

Biden/Obama idea of charity: government coercion and redistribution.

Very generous with other people’s money. Otherwise, noxious cheapskates.

matthew8787 on September 21, 2012 at 3:49 PM

UES, urban elitist, libfree and other idiots hardest hit!

wargamer6 on September 21, 2012 at 3:49 PM

And betcha dollars to donuts that every dollar he gave to charity was actually spent wisely, versus the dollars sent down the sinkhole that is our astonishingly bloated federal gooberment.

natasha333 on September 21, 2012 at 3:49 PM

They’re going to say he gave to the church and that doesn’t count.

NoVAHockey on September 21, 2012 at 3:37 PM

I think they would do this as part of their plan to denigrate and invalidate the work of the Mormon Church. As a Catholic I am completely at odds with LDS, but I know the difference between good and evil and LDS does good work. Whatever other issues I have with them I will leave as a matter between them and God. As a man, a father, a husband, a businessman, a giver and a lover of this land, Mitt Romney is OK with me. I was never a fan of Mitt, but I will be happy to support him and I will vote for him with a big smile on my face.

SKYFOX on September 21, 2012 at 3:50 PM

You are basing this on nothing but a press release.

view the return here, and then please if you would explain whay you believe what you do. pleaee cite examples based on the actual return.

http://www.mittromney.com/sites/default/files/shared/mitt_and_ann_romney_2011_1040.pdf

t8stlikchkn on September 21, 2012 at 3:50 PM

Haha, what a charlatan. “Charitable”.

tommyhawk on September 21, 2012 at 3:48 PM

There’s no crying allowed on Hot Air.

kingsjester on September 21, 2012 at 3:50 PM

They will only ask for more…you can’t win. You can only hope to rise above it.

tomas on September 21, 2012 at 3:50 PM

New Obama Slogan – He did not pay enough extra money to the government.

milcus on September 21, 2012 at 3:51 PM

CNN IN FULL MELTDOWN!!!
http://twitchy.com/2012/09/21/cable-news-commentator-goldie-taylor-romney-will-do-anything-to-win-no-one-pays-more-taxes/

lovingmyUSA on September 21, 2012 at 3:40 PM

Mind = Blown

jazzmo on September 21, 2012 at 3:51 PM

Now the left is saying he paid too much.

NoFanofLibs on September 21, 2012 at 3:51 PM

plewis on September 21, 2012 at 3:47 PM

The first troll sticks it’s nose in. You must live to trash accounting firms.

chemman on September 21, 2012 at 3:51 PM

This jerk slimily says that it would be un-American to pay more than the minimum amount of taxes required by law. And then behind closed doors disparages an entire group of people who do the same thing. He’s a creep.

tommyhawk on September 21, 2012 at 3:44 PM

Hey tool, how much did you give to charity? What percentage of YOUR income did you divvy out? I’m betting it’s lower than Joe Biden’s paltry amount.

changer1701 on September 21, 2012 at 3:51 PM

O.T. (but not quite): The Romney tax release story has been completely buried here by the Space Shuttle Endeavor buzzing around Los Angeles. After leaving Edward AFB an hour or so ago, it flew around the Bay area, then down the coast, entering Los Angeles roughly above Venice Beach. Inland over mid-Wilshire to Hollywood (buzzed the sign), then Burbank, to JPL in Pasadena, then Disneyland in Anaheim, back over to the coast and from Long Beach to LAX. It’s all the local media want to talk about. Never seen people on the street so excited, or so filled with awe and pride. Although I’m sure none of that will ever rise to the levels of Muslim self-esteem anticipated by NASA when it tells them they invented the ‘zero.’ (Nevermind that the Arabs got it from the Indians and the Greeks.)

de rigueur on September 21, 2012 at 3:51 PM

BAM!! Now let’s get after that idiot Obama’s college transcripts!

TheAudacityofNOPE on September 21, 2012 at 3:47 PM

OR, how about just comparing Obama’s and Biden’s charitable giving percentage versus the Romney’s?
You know, apples to apples?

parteagirl on September 21, 2012 at 3:51 PM

-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.

During the 20-year period covered by the PWC letter, Gov. and Mrs. Romney paid 100 percent of the taxes that they owed.

In a decent world Harry Reid would commit harakiri.

Schadenfreude on September 21, 2012 at 3:51 PM

So, will there be any penalty to Harry Reid for LYING on the floor of the Senate? Will the MSM ask Reid even ONE QUESTION as to who his “inside source” was?

Will the Network News shows even mention this?

mitchellvii on September 21, 2012 at 3:51 PM

Based on the most recent IRS data for 2009, the average tax rate (after deductions) paid by all Americans is 11 PERCENT. It is also clear that millionaires pay an average of 25%, while virtually every taxpayer earning under $100,000 pays an average rate of no more than 8% of their income in taxes.

88 percent of all taxpayers pay 8 percent or less of their income in income taxes.

Which gets us back to Mitt Romney’s effective tax rate of 14%, after deductions. This rate is still higher than the average rate paid by taxpayers earning up to $200,000. There are about 136 million taxpayers who have adjusted gross incomes less than $200,000, or 97% OF ALL TAXPAYERS. SO EVEN WITH AN AVG TAX RATE OF 14%, ROMNEY STILL PAID A HIGHER AVG RATE THAN 97% OF HIS FELLOW AMERICANS.

The average rate is skewed due to millionaires, who pay rates on income from employment like athletes and executives. It is not evidence that Romney pays less than the average taxpayer.

Source: IRS 2009 Data, Table 1.2 http://www.irs.gov/pub/irs-soi/09in12ms.xls

Even at 14%, Romney Pays a Higher Rate than 97% of His Fellow Americans

Oh, and before you loons starts screaming about payroll taxes:

Currently, employees pay 4.2% of their wages in Social Security taxes, a rate that has been in effect since January 2011 (extended in 2012).

Self-employed persons pay a combined 10.4% in SS taxes, instead of the normal 12.4%, reflecting both the employer’s and the employee’s share of SS taxes.

Source: HR 3630, the Middle Class Tax Relief and Job Creation Act of 2012

http://thomas.loc.gov/cgi-bin/query/z?c112:H.R.3630

Employees pay 1.45% in Medicare taxes. Those self-employed pay 2.9% in Medicare taxes.

Thus, current payroll taxes are:

Employees: 4.2% + 1.45% = 5.65%

Self-employed: 10.4% + 2.9% = 13.3%

Resist We Much on September 21, 2012 at 3:51 PM

And Scott Brown challenged Elizabeth Warren yesterday to release her academic records to see if she gained an unfair advantage by fraudulently claiming to be a woman of color. Hmmmm….
Slight of hand chess move we were not supposed to see or a happy coinkidink?

donkichi on September 21, 2012 at 3:51 PM

Romney took advantage of the charity loophole that 99% of us dont have.

/MSNBC

faraway on September 21, 2012 at 3:52 PM

Now, about those obama transctipts……??

ConservativePartyNow on September 21, 2012 at 3:52 PM

“Fair share” equates to “blank check”. Romney should pay taxes until he bleeds, then pay more.

NeighborhoodCatLady on September 21, 2012 at 3:52 PM

Gee, if only this generous man had the advantage of running against someone who allows his own brother to live in squalor in Kenya.

Hey, wait a minute…

radjah shelduck on September 21, 2012 at 3:42 PM

While rubbing elbows with Beyonce and Jay Z with $800 per bottle champaign – nevermind the unemployement rate, 2 wars, American embassies under siege….

Mangofish26 on September 21, 2012 at 3:52 PM

Twitchy…

Left outraged Romney paid too MUCH in taxes, gave 30 percent to charity; Reid, Biden hardest hit; Update: CNN/MSNBC’s commentator Goldie Taylor unhinged

http://twitchy.com/2012/09/21/left-outraged-romney-paid-too-much-in-taxes-gave-30-percent-to-charity-reid-biden-hardest-hit/

sentinelrules on September 21, 2012 at 3:52 PM

CNN IN FULL MELTDOWN!!!
http://twitchy.com/2012/09/21/cable-news-commentator-goldie-taylor-romney-will-do-anything-to-win-no-one-pays-more-taxes/

lovingmyUSA on September 21, 2012 at 3:40 PM

This lady makes me mad. some people don’t claim every deduction. What a penny pincher she must be. I don’t make a ton of money, but no I don’t claim every single charitable contribution inlcuding my church contributions). In my case it is laziness

But thanks CNN lady for pointing out how much liberals hate to pay taxes out of their OWN pockets.

earlgrey133 on September 21, 2012 at 3:52 PM

In a decent world Harry Reid would commit harakiri.

Schadenfreude on September 21, 2012 at 3:51 PM

Shouldn’t that be “Harrykiri”?

:-)

Resist We Much on September 21, 2012 at 3:52 PM

This is far below the tax rate of top earners. Read a book. %14! Come on!

thats actually not ture. see here:
Effective Tax Rates (taxes paid on tax return)
Bottom 20 percent (0-$17,000): -5.8 percent
Second 20 Percent ($17,000-$33,500): 1.3 percent
Middle 20 percent ($33,500-59,500): 9.2 percent
Fourth 20 Percent ($59,000-$103,500): 12.9 percent
Top 20 Percent ($103,500+): 20.6 percent

http://www.washingtonpost.com/blogs/fact-checker/post/obamas-misleading-tweet-on-romneys-taxes/2012/07/06/gJQAN3DTSW_blog.html

t8stlikchkn on September 21, 2012 at 3:53 PM

They’re going to say he gave to the church and that doesn’t count.

NoVAHockey on September 21, 2012 at 3:37 PM

.
According to the “Tax Code” it counts.

What the (expletive) kind of comment was that supposed to be?

listens2glenn on September 21, 2012 at 3:53 PM

what is rockybama’s charitable giving?

tommer74 on September 21, 2012 at 3:53 PM

He did build that.
And he has the numbers to prove it.
And Liz, he did pay it forward. More than you’ll ever know or appreciate.

Jabberwock on September 21, 2012 at 3:53 PM

what is rockybama’s charitable giving?

tommer74 on September 21, 2012 at 3:53 PM

Different sandbox than Romney. That’s for sure.

Jabberwock on September 21, 2012 at 3:55 PM

Romney paid $1,935,000 in taxes in 2011. Obama paid less than 1/10 that amount $162,074. Who is paying their fair share? And who isn’t?

darkegop on September 21, 2012 at 3:55 PM

Comment pages: 1 2 3 5