So, Romney Rigged This One Tax Return For a Rate Above 14%, Just For This Election

[bigtree]

. . . he rigged this ONE return that he rolled out -- to the exclusion of 20 other years of returns that he REFUSES to release -- to make it appear that he's paid a higher rate in the missing years.

It's a transparent dodge and cover-up, distracting the public with this one FIXED return . . .


from CNN: http://politicalticker.blogs.cnn.com/2012/09/21/romney-pays-extra-taxes-to-keep-his-word-and-break-it-too/

(CNN) – Mitt and Ann Romney took steps to pay more in taxes than he had to last year, despite the Republican nominee's previous statements suggesting he abhors the idea of paying more taxes than required.

According to an announcement by the campaign Friday, the Romneys could have had a lower tax rate than 14.1% in 2011 if they had claimed more of their charitable deductions–an amount that equaled 30% of their income. Romney made $13.7 million mostly off of investment income last year.

However, the Romneys only claimed 16% in charitable deductions, thus keeping their income tax rate higher, in order "to conform" to Romney's previous comments about his tax rate, the statement read Friday . . .

"Gov. Romney has been clear that no American need pay more than he or she owes under the law. At the same time, he was in the unique position of having made a commitment to the public that his tax rate would be above 13%. He directed his preparers to ensure that he is consistent with that statement," a campaign official said in a statement.


read: http://politicalticker.blogs.cnn.com/2012/09/21/romney-pays-extra-taxes-to-keep-his-word-and-break-it-too/

David Roberts ?@drgrist
"Romney cooked his tax returns to get a politically appealing rate" is more damning than anything about the taxes themselves.

[polichick]

1. He just insulted the country AGAIN!

[chelsea0011]

2. Crystal clear now why he won't release more returns.

[nc4bo]

3. We're gonna need 10 years Bud. nm

[rurallib]

4. Ann and Mitt right about one thing

We want to see more, much much more.

[luvspeas]

5. rigged current return and is trying to hoodwink us again...

By releasing an average of the last 20 years of returns, it is very likely that he paid a higher rate in the first ten years that would make paying little or no taxes in the last ten years. We might be freeloaders sucking off the teet of the government, but some of us can smell a con artist from a mile away.

[spanone]

6. 14 percent is pathetic and only proves Obama's point....ante up rich fuckers

[Johonny]

14. I agree

If he thought 14 percent sounded good, them there is something wrong with him.

[malaise]

7. I hope this ReTHUG scumbag ends up in prison for

tax fraud. I can't believe this shit

[bigtree]

8. someone, something has him on the run here

. . . it's baffling why he would put out a return like this which raises many more questions and will keep the issue of his tax rate and practice in the news for the foreseeable future.

[ProSense]

9. And check it out:

The return indicates it's an estimate that might significantly change: http://www.democraticunderground.com/10021392128

[nichomachus]

10. So, he just admitted that he's unqualified to be president

"I don’t pay more than are legally due and 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." --Mitt Romney

[unblock]

11. ... and is free to amend his return after he loses in november.

[Spazito]

12. It is fascinating and mindboggling at the same time...

The Romney campaign themselves admit the tax returns are manipulated to get the 'right' percentage and yet they seem to think that's just fine and the public should take this 20 year pathetic summary as fact.

[julian09]

17. He can amend those returns after election, to the 9% he really is entitled to claim, rather

the 14.1% he is taking now.

[Spazito]

21. Yep, the percentage is smoke and mirrors...

it means nothing in reality, it is a manipulated number. His returns from 2000 - 2009 must be horrific in terms of what they would reveal about the man, his methodology and the truth that there are years he paid NO income tax and very little capital gains tax. I am still betting he took advantage of the illegal tax shelter amnesty in 2009 which is why he CAN'T release his returns.

[ProSense]

13. Oh my. LOL!

Mittens Jettisons Rafalca the Dancing Horse!
http://www.dailykos.com/story/2012/09/21/1134971/-Mittens-Jettisons-Rafalca-the-Dancing-Horse

Who is advising this train wreck?

[Aerows]

19. Released on Friday

for a reason.

[tanyev]

25. Oh, no! I hope there wasn't a trip to the glue factory involved.

[jsmirman]

15. He didn't "make a commitment" - he made a FALSE CLAIM

even they can't be buying their own bullshit on that one.

My mother is not easily flabbergasted by the antics of politicians. She thinks I get too angry about this stuff. I'm staying with her during a brief stopover for the Holidays.

She was flabbergasted by the audacity of this one from the Romneys.

[yardwork]

16. 14% is a politically appealing rate? It's way less than the rate I pay.

And I strongly suspect that Romney jiggered his net income to a very low amount, so he's paying 14% on a whole lot less than his actual income. I am not impressed.

[Paulie]

20. It's much more appealing than 9%

Which is what his amended return will be after the election.

[yardwork]

23. He is such an asshole. /nt

[Aerows]

18. There is a reason this was released on Friday

Just wait for the fallout.

[porphyrian]

22. . n/t

[NotThisTime]

24. Not to mention he can take the additional deduction NEXT YEAR that he did not take to prop up his

tax rate for the '11 tax form.

[bigtree]

26. kick

[progressivebydesign]

27. Sleazeball! An c'mon 30% to the CHURCH? What little scheme have they arranged for that?

Hmmmm.... He paid 30% to his church, and that is not exactly charity. Wonder what his payoff is for investing his 'donations' into their shopping malls and other business enterprises???

Thank you CNN, for being on this.

[Heywood J]

28. Remember,

[font size="+1"]“One year could be a fluke, perhaps done for show.”[/font]