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#1 Panthro

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Posted 21 September 2012 - 02:08 PM

That's the rate Romney paid the IRS in 2011.

I paid a higher % than than in just payroll tax...not including Federal and State.

Somewhere stirs and madhatter are prepping insults about how libs/dems don't pay their fair share.

#2 Jase

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Posted 21 September 2012 - 02:16 PM

I thought that when they report these things, they don't include social security and medicare (what I'm assuming you're referring to as payroll tax)

#3 Panthro

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Posted 21 September 2012 - 02:20 PM

There are no payroll taxes on capital gains

#4 g5jamz

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Posted 21 September 2012 - 02:47 PM

Do earn your income through dividends?

#5 g5jamz

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Posted 21 September 2012 - 02:52 PM

also...

Over the entire 20-year period, the average annual effective federal tax rate was 20.20%.

#6 rodeo

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Posted 21 September 2012 - 03:17 PM

And that's in a year when he knew he was about to run for President. His trustee also said he intentionally deferred $1.75 million in charitable deductions just to get his rate above 13%. He paid more than he had to just so it wouldn't look bad. Wonder what he paid in, say, 2000 and before.

#7 g5jamz

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Posted 21 September 2012 - 03:19 PM

And that's in a year when he knew he was about to run for President. Wonder what he paid in, say, 2000 and before.


Over the entire 20-year period, the average annual effective federal tax rate was 20.20%.



#8 rodeo

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Posted 21 September 2012 - 03:31 PM

That means nothing without knowing how that accounting firm arrived at that number. They released a statement without any details and Mitt stuck it on his website. Worthless figure. For all we know they excluded all deductions and used a weighted average. How about we get someone who doesn't work for Romney to tell us about his tax rate.

#9 g5jamz

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Posted 21 September 2012 - 04:20 PM

That means nothing without knowing how that accounting firm arrived at that number. They released a statement without any details and Mitt stuck it on his website. Worthless figure. For all we know they excluded all deductions and used a weighted average. How about we get someone who doesn't work for Romney to tell us about his tax rate.


He's released more than he has to.

How about Obama releasing all of his 2008 direct campaign donors....something that should be federally mandated.

#10 rodeo

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Posted 21 September 2012 - 04:43 PM

He's released more than he has to.


Yet not as much as he has called on his opponents to release.

#11 Davidson Deac II

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Posted 21 September 2012 - 04:54 PM

Mitt is getting ripped off. I only paid 11.9% in federal income taxes last year. He should use turbo tax like I did.

#12 NanuqoftheNorth

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Posted 21 September 2012 - 05:03 PM

Politicians should be as forthcoming as this guy. He was known for his honesty and liked to record things too.

http://youtu.be/S4UEv_jjPL0



#13 King

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Posted 21 September 2012 - 05:07 PM

And that's in a year when he knew he was about to run for President. His trustee also said he intentionally deferred $1.75 million in charitable deductions just to get his rate above 13%. He paid more than he had to just so it wouldn't look bad. Wonder what he paid in, say, 2000 and before.


Better yet, who cares?

#14 Davidson Deac II

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Posted 21 September 2012 - 05:12 PM

Better yet, who cares?

Agreed. As long as he followed the rules, who cares?

if someone can show me that he violated the tax code, then I will pay attention. Otherwise its not an issue.

Maybe the tax laws need to be changed, but thats a seperate issue.

#15 SuperMan

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Posted 21 September 2012 - 05:23 PM

The guy paid in taxes and donations about 43% of his income....

And you still cry foul, figures.


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