Romney Artificially Inflated 2011 Taxes After Decrying The Idea
Source: TPM
Mitt Romney's trustee said in a campaign press release that Romney artificially inflated his own effective tax rate so it would remain above 13 percent by deferring $1.75 million in charitable deductions. Romney had previously said that none of his last decade of tax returns dipped below that 13 percent threshold.
In an interview with ABC News in July, however, Romney dismissed the idea that he would ever pay more taxes than legally owed, saying if he did so he wouldn't be "qualified" 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," Romney said. "I'd think people would want me to follow the law and pay only what the tax code requires."
Read more: http://livewire.talkingpointsmemo.com/entry/romney-artificially-inflated-2011-taxes-after-decrying-idea
truthisfreedom
(23,113 posts)sinkingfeeling
(51,276 posts)beac
(9,992 posts)Following tax laws = OK for Mittens and millionaires but not for mooching mere mortals!
ETA:
on the graphic
DirkGently
(12,151 posts)nolabear
(41,915 posts)And with good reason. He's been such an outrageous, manipulative, flip-flopping tool that no one trusts him as far as they can throw that dancing horse. At this point everything he does looks bad, simply by being associated with him. And by that I mean those taxes will be gone over with a fine toothed comb and any hint of smell will be used as further proof that *gasp!* Mitt Romney is exactly what he is. UNQUALIFIED TO BE PRESIDENT.
jonesgirl
(157 posts)Pure poison
NRaleighLiberal
(59,940 posts)Stuart G
(38,359 posts)should be good for a few laughs once everyone realizes what this means...
Liberalynn
(7,549 posts)He isn't qualified to be President.
Stuart G
(38,359 posts)gets wide spread coverage...it could be worse than the "47" percent quote..I didn't think this could get more ugly for Romney..
IT JUST DID.....................TERRIFIC FOR US..
TahitiNut
(71,611 posts)If anyone thinks for even a hot nanosecond that the MittWit won't do that, I've got a bridge ...
NMlib
(34 posts)So Mitt gets to take the deduction next year for the 1.75 million at a higher rate. If rates increase ten percent ....he saves $175 thousand. Pocket change for him but still....
How is this legal?
flamingdem
(39,303 posts)So he changed them to look like he pays more than the usual 9% or less, what a moran
nichomachus
(12,754 posts)Did we get the long form? And I want the original, not copies. I mean he could tell us anything and how do we know he's telling the truth. He's lied about everything else.
UpInArms
(51,252 posts)so, for shit-mitt, it's a win-win
JohnColston
(11 posts)It;s just for the show
Sophiegirl
(2,338 posts)...go round and round...round and round...all through the town.
I can't wait for the debates so I can watch Mittens strip the gears.