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?


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I could never run for President…if I were Romney I would have pulled down my pants and showed them my azz instead of my returns!

KOOLAID2 on September 21, 2012 at 5:29 PM

..revisit that assertion, Mr AID2. What exactly has Obama been doing to us for the past four years?

The War Planner on September 21, 2012 at 5:34 PM

Its all ok time and tide is imploding Harry Reid’s head bit by bit as we all get to watch him stumble and bumble aimlessly on OUR Senate floor. Consider him fun value. Plus we get him as the dumbocrat who selects co/loons like Kerry as ?leaders.

If it were not so costly and so near commie control it might be fun to watch… but, not so much uh?

APACHEWHOKNOWS on September 21, 2012 at 5:34 PM

Just watched the local news. They led with this, telling us that Mitt paid less than the average American. They stated the average American pays 35% tax rate and how was Mitt able to pay so much less.

Seriously.

This was the CBS affiliate out of Richmond.

Unbelievable.

ButterflyDragon on September 21, 2012 at 5:26 PM

Yep, typical wacked out proggie arithmetic, aka ‘lies’.

slickwillie2001 on September 21, 2012 at 5:34 PM

He won’t and never would, win or lose, because he’s a man of integrity.

Actually he might, because he’s also a man of foresight. Here’s what IRS Publication 17, chapter 24 (page 169 of the 2011 version), dealing with charitable deductions, has to say:

Carryovers
You can carry over your contributions that you
are not able to deduct in the current year be-
cause they exceed your adjusted-gross-income
limits. You can deduct the excess in each of the
next 5 years until it is used up, but not beyond
that time. For more information, see Carryovers
in Publication 526.

If Mitt gets elected, he will be earning a U.S. President’s salary. He may forgo it, as he did when he was Governor of Massachusetts, or he may decide to take it. If he does, that’s $400,000/year, as another poster said above, and he may have elected to carry over some of this year’s deductions to offset that.

I would, though, and then I’d give the entire MSM the finger in public.

matthew8787 on September 21, 2012 at 4:58 PM

Now there I agree with you 100%!!! The MSM should be flipped off early and often. :-)

Mary in LA on September 21, 2012 at 5:35 PM

Just watched the local news. They led with this, telling us that Mitt paid less than the average American. They stated the average American pays 35% tax rate and how was Mitt able to pay so much less.

Seriously.

This was the CBS affiliate out of Richmond.

Unbelievable.

ButterflyDragon on September 21, 2012 at 5:26 PM

I bet someone in the office there pulled up a calculator, added up the rates for ALL taxes and used the median annual income, then finished out to find that 35% rate. Boom! Instant news story that’s not necessarily false (misleading but still technically ‘accurate’).

Of course, the more money a person has the less the overall cumulative rate will be. But let’s not go there and mess with the creative accounting techniques the affiliate used.

Liam on September 21, 2012 at 5:35 PM

Mitt gave more to charity in 2011 than Obama has…

in the last 10 years!

more than 3x as much!

Mitt $4 million in 2011

Obama just $1.3 million in giving on $18.3 million in AGI from 2002-2011

faraway on September 21, 2012 at 5:36 PM

what would you like? effective rate? top marginal, or AMT rate? how much mortgage interest should i include that he didnt pay because he paid cash for his houses?

t8stlikchkn on September 21, 2012 at 5:31 PM

Effective

verbaluce on September 21, 2012 at 5:36 PM

Obama a half breed
Not okay. Knock it off.

What is he then?? But..but..but..he told me in a press conference that he was a “mutt” and that was the kind of dog he wanted for his kids!! BTW he didn’t accept a “mutt” from the dog pound!! Is he a thoroughbred? What breed? Enlighten us and tell us clingers and the president what he is!!

Marco on September 21, 2012 at 5:36 PM

Okay, I am a Romney supporter. You all have seen my posts. You know this.

But why did he step in it yet again? I mean, seriously, I know you’re trying to brush it off as nitpicking and desperation on the left, but nitpicking and desperation is what they do and it often works.

Why, knowing the truth about his taxes, did Mitt say he never paid more than was legally required and even embellish that to say that if he had paid more than was legally required he wouldn’t be qualified to be president? That was an absolutely stupid statement to make. One of many he seems to be racking up.

I don’t want to become an Allahpundit Eeyore, but I’m really beginning to think that way. We have the worst performance by a president since Jimmy Carter. We should run away with this thing. And yet we pick McCain II as our nominee and then he runs around committing gaffe after gaffe. I’m really beginning to think we’re going to snatch defeat from the jaws of victory once again.

Shump on September 21, 2012 at 5:37 PM

Maybe someone here can answer…

Can he claim charitable deductions he didn’t claim here on a later return?

What would have his rate been had he taken the full allowable deductions?

verbaluce on September 21, 2012 at 4:34 PM

..don’t be lazy; do your own research, assshole.

The War Planner on September 21, 2012 at 5:37 PM

than people that work and have higher income taxes.
It’s because the actual amounts are taxed twice, once as corporate taxes, and a second time as individual taxes on dividends and capital gains from stock sales. If you combine corporate taxes and end-user taxes, the amounts aren’t that different from what would be paid as ordinary income taxes.
foobarista on September 21, 2012 at 5:16 PM

Okay good luck with that..not that it is not also true but when you start talking to people about corporations paying taxes many eyes start glazing over and others call you a liar and get violent.

Haven’t you heard corporations are evil!!!

Natebo on September 21, 2012 at 5:38 PM

Another way to explode these new little commie heads is to show them who voted in many of the tax decuctions Romney uses.

Possible it was Democrats.

Just saying knowing is a good thing.

APACHEWHOKNOWS on September 21, 2012 at 5:38 PM

even eligible. Then he truly would not be a good pick as president. Neither are you…

astonerii on September 21, 2012 at 5:33 PM

sorry guy. but mortgage deduction is an itemized deduction just like charitable contributions. they are treated the same. reducing taxable income. and obviously then applying the tax rate to that deduciton for the dollar “savings”. so by NOT paying miortgage interest it would be the same as NOT claiming charitable contribs. also, mortgage interest is limited to 1MM dollars of indetnedness, with an additonal 100K of qualified home equity indebtedness, on a maximum of two homes. so his mortgage int deduction that he doesnt have becuase he paid cash for his houses would have been limited in that manner, like evreyone elses. indeed. what exactly were you saying?

t8stlikchkn on September 21, 2012 at 5:39 PM

Well played Team Romney..Well played!!..:)

Dire Straits on September 21, 2012 at 5:40 PM

Can he claim charitable deductions he didn’t claim here on a later return?

verbaluce on September 21, 2012 at 4:34 PM

Yes, he can, in accordance with IRS Publication 17, chapter 24, and IRS Publication 526.

Disclaimer: I am not a tax specialist, tax accountant, CPA, Enrolled Agent, nor do I work for the IRS in any capacity. I’m a moronette. I just cover my eyes and sign the forms my husband puts in front of me every April. But I can Google with the best of ‘em, and this is what I found.

Mary in LA on September 21, 2012 at 5:40 PM

What is opportunity lost little commies herein?

Give a think to how much has been wasted on say just one of your bull shit lie based crap… Global Warming aka Climate Change.

It being the only climate change has been the fudgeing done by the hockey stick liar James Hanson.

APACHEWHOKNOWS on September 21, 2012 at 5:45 PM

Harry Reid’s predictable response.

pambi on September 21, 2012 at 5:46 PM

sorry guy. but mortgage deduction is an itemized deduction just like charitable contributions. they are treated the same. reducing taxable income. and obviously then applying the tax rate to that deduciton for the dollar “savings”. so by NOT paying miortgage interest it would be the same as NOT claiming charitable contribs. also, mortgage interest is limited to 1MM dollars of indetnedness, with an additonal 100K of qualified home equity indebtedness, on a maximum of two homes. so his mortgage int deduction that he doesnt have becuase he paid cash for his houses would have been limited in that manner, like evreyone elses. indeed. what exactly were you saying?

t8stlikchkn on September 21, 2012 at 5:39 PM

You really are that stupid aren’t you? I mean seriously!?! I explained to you in full detail and you still come back with this?

He paid the charitable donation. That money is out of his pocket… Got it.
100,000 – 10,000 = 90,000 + reduction in taxes of say 2,000 = 92,000

What you are saying is
100,000 – 0 = 100,000 is worse than 100,000 – 10,000 in interest + 2,000 = 92,000

How smart can you possibly be to think like that?

He paid the charity, so not claiming it is nothing at all like choosing not to spend more than you need to in order to save much less in taxes.

astonerii on September 21, 2012 at 5:47 PM

When all you know is how to take,

addition is a real strugle to understand.

APACHEWHOKNOWS on September 21, 2012 at 5:48 PM

Enlighten us and tell us clingers and the president what he is!!

Marco on September 21, 2012 at 5:36 PM

What he is, is a SCOAMF. And that would be just as true if he were all black, all white, half-and-half down the middle like those guys on Star Trek, brown, red, yellow, or green with purple polka dots.

One of my observations of mixed-race couples (I have two in my family) is that they have gorgeous, intelligent, healthy kids. There’s a lot to be said for hybrid vigor.

So Obagman must be messed up, not because his dad was black and his mom was white, but because his upbringing gave him an ugly, maimed soul.

Mary in LA on September 21, 2012 at 5:48 PM

Maybe someone here can answer…

Can he claim charitable deductions he didn’t claim here on a later return?

What would have his rate been had he taken the full allowable deductions?

verbaluce on September 21, 2012 at 4:34 PM

its 29.6%. i also inluded all the income he did not earn that he could have earned, if he hadnt used a blind trust. if thats included then its about 29.6%. make sense?

t8stlikchkn on September 21, 2012 at 5:49 PM

When all you know is how to take,

addition is a real strugle to understand.

APACHEWHOKNOWS on September 21, 2012 at 5:48 PM

Well said!

Mary in LA on September 21, 2012 at 5:49 PM

So, it follows,, B. Obama ,, King of substraction.

APACHEWHOKNOWS on September 21, 2012 at 5:50 PM

astonerii on September 21, 2012 at 5:47 PM

i got it man. excellent point. yep.

t8stlikchkn on September 21, 2012 at 5:50 PM

The thing that is driving the Left nuts is that Romney gave so much to charity. To a Leftist, that money given to charity would be better spent by the Federal government.

Jurisprudence on September 21, 2012 at 5:51 PM

But you missed my point – perhaps I should have been clearer with my sarcasm.

verbaluce on September 21, 2012 at 5:28 PM

OK, yeah, that post was just dripping with sarcasm. Got it there sport, you go with that.

AZfederalist on September 21, 2012 at 5:53 PM

Why didn’t Obama redistribute more of his own money?

Why did Obama accept a salary when so many Americans are out of work?

faraway on September 21, 2012 at 5:53 PM

O/T, Ann’s plane had to make an emergency landing due to a fire on the plane! Thank God, she and others are OK.

http://abcnews.go.com/blogs/politics/2012/09/ann-romneys-plane-makes-emergency-landing/
L

letget on September 21, 2012 at 5:55 PM

i got it man. excellent point. yep.

t8stlikchkn on September 21, 2012 at 5:50 PM

Good :) That last yep makes me feel a bit cautious that there is sarcasm there though… ;)

astonerii on September 21, 2012 at 5:56 PM

So, it follows,, B. Obama ,, King of substraction.

APACHEWHOKNOWS on September 21, 2012 at 5:50 PM

I like it!

I’m reminded of a scene in The Phantom Tollbooth in which the hero, Milo, and his friends are eating bowls of soup and find that the more they eat, the hungrier they get. They ask about it and learn that they’ve been eating “subtraction stew.”

Mary in LA on September 21, 2012 at 5:57 PM

@5:55, I should have said smoke, not fire.
L

letget on September 21, 2012 at 5:58 PM

O/T, Ann’s plane had to make an emergency landing due to a fire on the plane! Thank God, she and others are OK.

http://abcnews.go.com/blogs/politics/2012/09/ann-romneys-plane-makes-emergency-landing/
L

letget on September 21, 2012 at 5:55 PM
The left wing hate in 3,2,1

Conservative4ev on September 21, 2012 at 5:59 PM

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

That’s the problem. The Feds need that for THEIR Looters and Moochers.
Just like they Really want your 401k and the tax on the increased cash value you might have in an insurance policy. The Dems have been working on how to “get” this, in the background, for years.

RADIOONE on September 21, 2012 at 6:00 PM

Obama a half breed

Not okay. Knock it off.

acasilaco on September 21, 2012 at 4:51 PM

+1000000

Let’s leave that sort of thing out of the discussion folks.

Chip on September 21, 2012 at 4:57 PM

Why? Afraid half white/half black folks are going to burn down your embassy?

Nutstuyu on September 21, 2012 at 5:02 PM

No, because it is wrong to mock someone because of their race. Unlike a lot of stuff falsely described as racism, that actually is racism — pretty much the dictionary definition of the term.

acasilaco on September 21, 2012 at 6:01 PM

Mitt Romney’s campaign released his 2011 tax information this afternoon

Gee, if Obama did it, you’d call it a “dump”.

I must say: Well played, Romney campaign. Well played, indeed.

I think the Obama campaign would agree. They can and likely will ask from now until Nov. 6:
“What is Mitt Romney hiding?

chumpThreads on September 21, 2012 at 6:01 PM

Okay, I am a Romney supporter. You all have seen my posts. You know this.

But why did he step in it yet again? I mean, seriously, I know you’re trying to brush it off as nitpicking and desperation on the left, but nitpicking and desperation is what they do and it often works.

Shump on September 21, 2012 at 5:37 PM

It takes the tax return attack off the table which Democrats are foolishly turning into “Mitt Romney paid more in taxes than he should have! Outrage!”

Romney is also very charitable which also pours cold water on the heartless meme the Democrats are also using. All of this ties into the larger narrative — which I’m sure they’ll roll out in October through ads — that Romney is a really, really nice guy who has a very big heart.

We’re now going in the debate with tax returns off the table and can now focus *squarely* on Obama’s dismal record.

Punchenko on September 21, 2012 at 6:03 PM

chumpThreads on September 21, 2012 at 6:01 PM

I’d say that our side’s done playing nice. Your side has no ethics and doesn’t play by any rule except “win at all costs”. Well, fine. If that’s how you want it, that’s how you’ll get it.

So now you think — excuse me, you feel like, because your side doesn’t make decisions by thinking — you feel like you’re getting a very mild, very faint taste of your own medicine, and you don’t like it. Not one bit.

Go cry us a river.

Mary in LA on September 21, 2012 at 6:09 PM

See? See? He’s rich. I hate him.

/stupid liberals

Grace_is_sufficient on September 21, 2012 at 6:09 PM

Good :) That last yep makes me feel a bit cautious that there is sarcasm there though… ;)

astonerii on September 21, 2012 at 5:56 PM

the whole thing from the beginning was sarcastic dude.

t8stlikchkn on September 21, 2012 at 6:10 PM

The new claim coming from the left: “those “charitable” donations don’t count as such because they went to the Mormon church, and because they are mandatory.”

Seriously- these people have no shame.

It is sad to see a society get to the point where what comes from the government is considered “charity”.

On the other hand (via Twitchy) some idiot from Salon, as well as Harry Reid (now moving away from the tax thing), claim that Romney is not a “good mormon” because he doesn’t follow the presepts of the church by “helping others”. Rad this as: “Romney is not offering government provided goodies to the people, hence he is a bad Mormon”. Of course, they don’t mention the fact that Mitt was head of his church and has helped more people in a month than Harry Reid was told by a voice in his head he himself helped in 20 years.

ptcamn on September 21, 2012 at 6:10 PM

Well played or Got played?

Bmore on September 21, 2012 at 6:11 PM

the whole thing from the beginning was sarcastic dude.

t8stlikchkn on September 21, 2012 at 6:10 PM

imma dolt

astonerii on September 21, 2012 at 6:11 PM

Just watched the local news. They led with this, telling us that Mitt paid less than the average American. They stated the average American pays 35% tax rate and how was Mitt able to pay so much less.

Seriously.

This was the CBS affiliate out of Richmond.

Unbelievable.

ButterflyDragon on September 21, 2012 at 5:26 PM

I bet someone in the office there pulled up a calculator, added up the rates for ALL taxes and used the median annual income, then finished out to find that 35% rate. Boom! Instant news story that’s not necessarily false (misleading but still technically ‘accurate’).

Of course, the more money a person has the less the overall cumulative rate will be. But let’s not go there and mess with the creative accounting techniques the affiliate used.

Liam on September 21, 2012 at 5:35 PM

Isn’t 35% the top marginal tax rate?

Count to 10 on September 21, 2012 at 6:11 PM

i was stretching unreasonably, taking the looney lefts “logic” (in their he didnt pay enough tax on purpose that evil fiend) to its “logical” conclusion. when you started differentiating 2 itemized deducitons it got weird.

t8stlikchkn on September 21, 2012 at 6:11 PM

So the Godless, leftist, marxist morons in Congress who help write the unfair, insanely stupid and unfathomably complicated progressive US tax code, including the loopholes and deductions they themselves take HUGE advantage of (along with all the “insider trading” they allow themselves but not the citizenry), get all wee-wee’d up when citizens actually USE them…LOL
How stupid can these idiots get? How can any so-called “progressive” read this stuff and not be completely embarrassed about what a F’n joke of an “ass-clown circus” the democrat party has become…and the lack of charitable giving from these hypocrites who are always screeching about helping others but only want to do it with “YOUR money”…ass-clowns…

Strike Hornet on September 21, 2012 at 6:12 PM

Okay, I am a Romney supporter. You all have seen my posts. You know this.

But why did he step in it yet again? I mean, seriously, I know you’re trying to brush it off as nitpicking and desperation on the left, but nitpicking and desperation is what they do and it often works.

Shump on September 21, 2012 at 5:37 PM

My wife, who is a Hillary Dem and is supporting Romney told me that the whole Romney not releasing/possibly not paying his taxes made her uneasy. I am sure that Romney’s internal polling was telling Romney the same thing with crossover Ds and Independants.

Natebo on September 21, 2012 at 6:14 PM

Gee, if Obama did it, you’d call it a “dump”.

A “document dump” is designed to come out late on Friday afternoon to miss the main news cycle. This doesn’t qualify as a “document dump” because of the timing.

I think the Obama campaign would agree. They can and likely will ask from now until Nov. 6:
“What is Mitt Romney hiding?

chumpThreads on September 21, 2012 at 6:01 PM

Bless your heart, you should be careful what you wish for, chump. He might, along with the new song, “Progs Get PunKd, Again!,” by The Who.

Reid already looks like a fool.

In: The Smelly, Old Loon Who Cried ‘Tax Cheat’

Out: The Little Boy Who Cried ‘Wolf’

Resist We Much on September 21, 2012 at 6:14 PM

Isn’t 35% the top marginal tax rate?

Count to 10 on September 21, 2012 at 6:11 PM

for personal income taxes, yes. for 2012. next year as of now, totally different.

t8stlikchkn on September 21, 2012 at 6:14 PM

Hey, chumpThreads et al., read this and weep (tip o’ the hat to SWalker):

U.S. Distrust in Media Hits New High

The more the media propagandize for Obagman, the less people believe them.

Mary in LA on September 21, 2012 at 6:15 PM

I’d say that our side’s done playing nice. Your side has no ethics and doesn’t play by any rule except “win at all costs”. Well, fine. If that’s how you want it, that’s how you’ll get it.

So now you think — excuse me, you feel like, because your side doesn’t make decisions by thinking — you feel like you’re getting a very mild, very faint taste of your own medicine, and you don’t like it. Not one bit.

Go cry us a river.

Mary in LA on September 21, 2012 at 6:09 PM

Crying? Crying?
There’s no crying in politics!
(unless, of course, you’re John Boehner)

chumpThreads on September 21, 2012 at 6:16 PM

Isn’t 35% the top marginal tax rate?

Count to 10 on September 21, 2012 at 6:11 PM

Even at 14%, Romney’s effective rate is higher than 97% of Americans. Are Democrats going to start defending some “millionaires and billionaires” then?

Resist We Much on September 21, 2012 at 6:16 PM

for personal income taxes, yes. for 2012. next year as of now, totally different.

t8stlikchkn on September 21, 2012 at 6:14 PM

Then how in the freckin world does the “average tax payer” pay a total effective rate of 35%?
I payed a lower tax rate than Romney, and I don’t have any investment income to speak of.

Count to 10 on September 21, 2012 at 6:17 PM

Crying? Crying?
There’s no crying in politics!
(unless, of course, you’re John Boehner)

chumpThreads on September 21, 2012 at 6:16 PM

Ah, but you’re not in politics, so it’s okay to cry. There, there. Express your true feelings. [hands chumpThreads a Kleenex]

(And as for Boehner, what a disappointment he turned out to be…)

Mary in LA on September 21, 2012 at 6:19 PM

The U.S. Securities and Exchange Commission (SEC) on Wednesday fined the software firm, Satyam Computer Services Ltd. (now Mahindra Satyam), and its auditors PriceWaterhouse India up to $17.5 million for accounts bungling that went undetected for several years

plewis on September 21, 2012 at 4:05 PM

The Romneys are from India? News to those of us here on Planet Earth.

F-

Del Dolemonte on September 21, 2012 at 6:21 PM

If Mitt gets elected, he will be earning a U.S. President’s salary. He may forgo it, as he did when he was Governor of Massachusetts, or he may decide to take it. If he does, that’s $400,000/year, as another poster said above, and he may have elected to carry over some of this year’s deductions to offset that.

Mary in LA on September 21, 2012 at 5:35 PM

..I realize that not many POTII run for office because of the salary. But one is aghast at the prospect of Mitt Romney “volunteering” for this role — as he did s MA governor and head of the Salt Lake City Olympics — and refusing any emolument whatsoever.

It is truly amazing what a decent and good man this person is. And what a stark contrast he is to the seedy, ego-centric, grasping, narcissist he is running to unseat.

The War Planner on September 21, 2012 at 6:24 PM

why is this part of a dark-of-night Team Romney Friday news-dump designed to avoid news-cycle commentary?

casuist on September 21, 2012 at 4:15 PM

Here on Planet Earth, the sun was out when Romney released the returns.

F-

Del Dolemonte on September 21, 2012 at 6:24 PM

Del Dolemonte on September 21, 2012 at 6:24 PM

Wow. I was right. Desperate Trolls are desperate.

kingsjester on September 21, 2012 at 6:28 PM

Well played or Got played?

Bmore on September 21, 2012 at 6:11 PM

..who or whom?

The War Planner on September 21, 2012 at 6:28 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

I heard there’s another video of Romney taking a penny, but not leaving a penny.

monalisa on September 21, 2012 at 6:31 PM

There seems to be some interest in seeing Obama’s college transcripts.

blink on September 21, 2012 at 5:05 PM

I don’t even want to see the grades. Just what courses he took.

I’m sure that’s what he’s so afraid of folks discovering.

Del Dolemonte on September 21, 2012 at 6:33 PM

Then how in the freckin world does the “average tax payer” pay a total effective rate of 35%?
I payed a lower tax rate than Romney, and I don’t have any investment income to speak of.

Count to 10 on September 21, 2012 at 6:17 PM

nooone pays a an effective rate of 35%. where are you getting this from? most folks pay an effetive rate much lower than 20%. see here: (and the figures are correct, i know it wapo):

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

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

t8stlikchkn on September 21, 2012 at 6:35 PM

I don’t want to become an Allahpundit Eeyore, but I’m really beginning to think that way. We have the worst performance by a president since Jimmy Carter. We should run away with this thing. And yet we pick McCain II as our nominee and then he runs around committing gaffe after gaffe. I’m really beginning to think we’re going to snatch defeat from the jaws of victory once again.

Shump on September 21, 2012 at 5:37 PM

Your concern is duly noted.

BTW, I have no idea what your affiliation is or who you support as I have never seen you post here before.

I may have missed it.

So, how’s the Daily Kos these days?

98ZJUSMC on September 21, 2012 at 6:35 PM

“What is Mitt Romney hiding?

chumpThreads on September 21, 2012 at 6:01 PM

In 2008, O’bamna won an alltime record 70% of the High School Dropout Vote.

You must still be so proud of that achievement.

Del Dolemonte on September 21, 2012 at 6:36 PM

Del Dolemonte on September 21, 2012 at 6:21 PM

i’ll bet they have an eeeevil BANK ACCOUNT in india!

t8stlikchkn on September 21, 2012 at 6:36 PM

Someone will probably complain about taking a deduction for donating his underwear…..
Oh, Wait, that was Billary.

Another Drew on September 21, 2012 at 6:37 PM

This kills the ‘Romney didn’t pay taxes’ meme.

And the ‘Romney might be a felon’ meme.

Plus the ‘Romney is heartless’ meme.

All at one shot. Trying to replace these is an endeavor at moving goalposts and not being willing to admit being wrong.

But that’s ok, its good to know who can’t admit to being wrong, who has no standards and who is just unable to deal with reality. Go for it! More rope is available… and you will get gigged again. If you’ve been playing this sort of game, realize that you have just been played, and played well, on the field of your own devising by the rules that you have set up.

Sour grapes make very poor whine.

ajacksonian on September 21, 2012 at 6:42 PM

“Romney contradicted a July interview in which he said that he should be disqualified from being president if he ever paid more taxes than he owed.”

“If I don’t have this done in three years, then there’s going to be a one-term proposition.”

- President Barack Obama, NBC’s ” The Today Show,” 02.02.09.

I guess you’re right. Americans are more upset by the fact that Romney paid more in taxes than he was obligated to rather than the fact that Obama failed to turn the economy around in 3 years.

Should we only hold Romney to his statement?

Resist We Much on September 21, 2012 at 6:57 PM

Isn’t 35% the top marginal tax rate?

Count to 10 on September 21, 2012 at 6:11 PM

Even at 14%, Romney’s effective rate is higher than 97% of Americans. Are Democrats going to start defending some “millionaires and billionaires” then?

Resist We Much on September 21, 2012 at 6:16 PM

Could they also not be comparing apples to oranges as well. There is a difference between the Income Tax and the Capitol Gains rates?

Jurisprudence on September 21, 2012 at 7:01 PM

I just watched Fox Special Report and they were acting like Romney screwed up for not just coming up with the stuff earlier since there was nothing there…these people are just hopeless…even at Fox. Romney did not have the stuff together until now and he has come up with everything he said he would. They look like fools and rather than admit they made a big deal out of nothing they make cracks about Romney.

Terrye on September 21, 2012 at 7:02 PM

ajacksonian on September 21, 2012 at 6:42 PM

Great post!..:)

PS..I’m excited about this move!..I like the strategy..:)

Dire Straits on September 21, 2012 at 7:03 PM

..who or whom?

The War Planner on September 21, 2012 at 6:28 PM

Exactly! Lol!

Bmore on September 21, 2012 at 7:05 PM

..I realize that not many POTII run for office because of the salary. But one is aghast at the prospect of Mitt Romney “volunteering” for this role — as he did s MA governor and head of the Salt Lake City Olympics — and refusing any emolument whatsoever.

I’d give even odds that that’s exactly what he intends to do. If he takes the POTUS salary, IMHO that’s not a mark against him — after all, “the laborer is worthy of his hire” — but if he does decide to draw only a symbolic $1.00 per annum, that should drive a stake into the heart of the lie that “all Republicans are greedy rich people”.

It is truly amazing what a decent and good man this person is. And what a stark contrast he is to the seedy, ego-centric, grasping, narcissist he is running to unseat.

The War Planner on September 21, 2012 at 6:24 PM

Well, even a sewer rat has better morals and manners than Obagman! But your point is very well taken. :-)

Mary in LA on September 21, 2012 at 7:08 PM

I don’t want to become an Allahpundit Eeyore, but I’m really beginning to think that way. We have the worst performance by a president since Jimmy Carter. We should run away with this thing. And yet we pick McCain II as our nominee and then he runs around committing gaffe after gaffe. I’m really beginning to think we’re going to snatch defeat from the jaws of victory once again.

Shump on September 21, 2012 at 5:37 PM

Do you honestly think it would be any different with someone else? It would not matter..the media would just manufacture gaffes if necessary. Trap people…hide microphones…make a big deal out of nothing while they lie, shill and cover for their guy Barack Hussein Obama..to be truthful Romney’s been so clean all of his life that he has probably fared better than most would have.

Terrye on September 21, 2012 at 7:10 PM

Trap people… hide microphones…
Terrye on September 21, 2012 at 7:10 PM

…^edit tapes….

Mary in LA on September 21, 2012 at 7:16 PM

Maybe this will shut dirty harry’s mouth……..naw….he’ll think of something else.

mixplix on September 21, 2012 at 7:17 PM

.

..but if he does decide to draw only a symbolic $1.00 per annum, that should drive a stake into the heart of the lie that “all Republicans are greedy rich people”.

No, it won’t. Some liberal pundit will say Mitt is doing it only to avoid paying taxes.

Liam on September 21, 2012 at 7:19 PM

To summarize comments thus far:
1)None of us has experience with complex tax returns and blind trusts, yet many here think they are smarter than both the client with more business experience than all of us combiend and his highly qualified accounting firm with double and triple checks and 2) According to my unofficial ‘troll poll’, this is a great move for Mitt!

Mitsouko on September 21, 2012 at 7:19 PM

…I could never run for President…if I were Romney I would have pulled down my pants and showed them my azz instead of my returns!

KOOLAID2 on September 21, 2012 at 5:29 PM

Is that an asset or a liability? teehee.

SparkPlug on September 21, 2012 at 7:40 PM

Funny how the media, at least CNN, does not mention Romney’s extensive charitable donations nor the Obamas paucity of same (although they tried to cover their arses in 2007).

Sherman1864 on September 21, 2012 at 7:43 PM

Koolaid and sparky sitting under a tree K.I.S.S.I.N.G!

Tehe!

Sherman1864 on September 21, 2012 at 7:46 PM

I don’t want to become an Allahpundit Eeyore, but I’m really beginning to think that way. We have the worst performance by a president since Jimmy Carter. We should run away with this thing. And yet we pick McCain II as our nominee and then he runs around committing gaffe after gaffe. I’m really beginning to think we’re going to snatch defeat from the jaws of victory once again.

Shump on September 21, 2012 at 5:37 PM

No, just believe that Romney will win and he will. Obviously, not enough Republicans believed hard enough that McCain could have won./s

I don’t agree, though, that Romney’s made any “gaffes”.

At any rate, the fact that Obambi’s not way down in the polls tells us a lot about at least half our country, and thus the direction we’re going regardless of who wins.

Dr. ZhivBlago on September 21, 2012 at 7:48 PM

Dire Straits on September 21, 2012 at 7:03 PM

My thanks!

For a long time I’ve had problems with Gov. Romney’s passive posture through the primaries and up to the convention this year. Apparently he has learned some lessons and is now learning how to fight by just handing out rope. I didn’t think he had that sort of mischief in him…

I still disagree on many policy areas with Gov. Romney. He is better by a few lightyears than Obama could ever hope to be. He is no savior, no be-all end-all, but if he can at least stop the bleeding of this Nation’s economy and firm up its security… well, that is way better than what we have. For that, I am grateful.

Still, food, guns, ammo…all on the ‘buy’ list. That hasn’t changed.

ajacksonian on September 21, 2012 at 7:54 PM

Do you honestly think it would be any different with someone else? It would not matter..the media would just manufacture gaffes if necessary. Trap people…hide microphones…make a big deal out of nothing while they lie, shill and cover for their guy Barack Hussein Obama..to be truthful Romney’s been so clean all of his life that he has probably fared better than most would have.

Terrye on September 21, 2012 at 7:10 PM

The “press” was no different when Reagan and both Bush’s ran. They’ve obviously been in the tank for the Democrats for who knows how many decades.

The Dem’s have had their weak candidates, and we’ve had ours.

I agree that Romney’s had a remarkably clean record-there again, so did McCain and Dole.

Dr. ZhivBlago on September 21, 2012 at 7:54 PM

For the “There he goes again” file…

“The stuff they do on hard wood, it blows my mind.”

- Joe Biden on college cheerleaders

lol

http://dailycaller.com/2012/09/21/biden-on-cheerleaders-the-stuff-they-do-on-hard-wood-it-blows-my-mind/

Resist We Much on September 21, 2012 at 7:55 PM

Could they also not be comparing apples to oranges as well. There is a difference between the Income Tax and the Capitol Gains rates?

Jurisprudence on September 21, 2012 at 7:01 PM

Not according to them.

Resist We Much on September 21, 2012 at 7:56 PM

Romney’s big problem are local news outlets. They don’t even try to get it right. I heard he ‘only’ paid 13% and released ‘only’ one year, not multiple years as requested by the Obama campaign. There was no mention of the charities or the PWC letter.

HellCat on September 21, 2012 at 7:57 PM

“What is Mitt Romney hiding?

chumpThreads on September 21, 2012 at 6:01 PM

Seriously?

I think we can now bring this discussion to what is Obama hiding in his medical records and school records?

Romney is transparent now his school records his medical records and now taxes, your turn ass wipe

Conservative4ev on September 21, 2012 at 8:21 PM

…but if he does decide to draw only a symbolic $1.00 per annum, that should drive a stake into the heart of the lie that “all Republicans are greedy rich people”.

No, it won’t. Some liberal pundit will say Mitt is doing it only to avoid paying taxes.

Liam on September 21, 2012 at 7:19 PM

Yeah, you’re right… *sigh*… even though we can reply that, well, if he wanted to avoid paying taxes, he could have taken all the charitable contributions he was entitled to in the 2011 tax year!

Mary in LA on September 21, 2012 at 8:22 PM

FWIW – I just got back from Romney’s rally and speech here in Las Vegas, and for all you eeyores, doubters and concerned – put your fears to rest.

The crowd enthusiasm was through the roof, energetic and engaged, a LOT of young voters there, and Mitt was great! I was on the floor about 15 feet from his podium. He didn’t break any new ground in this speech, but he said everything I wanted to hear and then some. His 5-point plan, with emphasis on taking the shackles off our energy industry drew thunderous sustained applause, and there was also a very large contingent of military veterans there, many in uniform with medals all over the place giving him huge props. Afterwards he came over and shook everyone’s hands, and we were all telling him to “take the gloves off!” almost in unison – He really GOT that message, live and in person!

There was a huge GOTV effort too – Lots of college-age volunteers registering people, arranging absentee ballots and handing out information leaflets, water bottles and bumper stickers – huge positive energy!

We have our work to do, but we’ll win. Oh BTW there were about maybe 25 “protesters” outside wearing Teamsters shirts and pink crap trying to heckle the line of attendees going inside. We were shouting them down “TAKERS! TAKERS! TAKERS!” They visibly flinched, and turned away from us on that one! Good stuff!

Harbingeing on September 21, 2012 at 8:28 PM

..I wish I had to pay those kind of taxes :)

TX-96 on September 21, 2012 at 8:51 PM

… We were shouting them down “TAKERS! TAKERS! TAKERS!” They visibly flinched, and turned away from us on that one! Good stuff!

Harbingeing on September 21, 2012 at 8:28 PM

I purely love this!!!

:-D

Mary in LA on September 21, 2012 at 8:55 PM

Mitt Romney’s campaign released his 2011 tax information this afternoon

Gee, if Obama did it, you’d call it a “dump”.

chumpThreads on September 21, 2012 at 6:01 PM

See, if Obama did it, the media would ignore it just like they ignore just about everything else that doesn’t promote his reign.

malclave on September 21, 2012 at 8:56 PM

Harbingeing on September 21, 2012 at 8:28 PM

SOOOOOOOOO disappointed that I had to work and miss the rally.

From the news, it did look like a great crowd.

Nice with the “takers” chant.

25 protesters huh?

Wow, that’s pretty lame from such a big union town.

Jvette on September 21, 2012 at 9:30 PM

The War Planner on September 21, 2012 at 5:34 PM

SparkPlug on September 21, 2012 at 7:40 PM

(:->)

Sherman1864 on September 21, 2012 at 7:46 PM

(:-0)

KOOLAID2 on September 21, 2012 at 9:33 PM

and the finger-pointers now look pretty darn dumb.

Let’s be clear on this point. Harry Reid looked pretty darned dumb to start with.

MikeA on September 21, 2012 at 10:25 PM

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