Romney's Taxes

Page 5 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Riiiiight. He paid almost $2,000,000.00 in taxes and that's "little taxes"?

Fern

I'm sure it pales in comparison to what Obama paid, after all he is all for people like him paying more.

How much did Obama pay?
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Don't confuse the LDS church with a legit charity such as MSF. The Mormon church is not a charity, even if they may do some charitable works. Their purpose is to spread their religion, not charitable works. The LDS church is a very wealthy business-like organization.


The tithe are used to fund their missionary program, building/maintain churches, church educational system and billion dollar malls. They also funded the campaign such as support of prop 8 in California.


I would guess a tiny percentage of the tithes they receive are actually used for legit charity work. Nobody knows, since there is no transparency in their fiances. Propselyzing is not charity.


You seem to know a lot about the Mormon church, now tell us about the BLT church that Obama gave less the .4% to in 2002.
 

cybrsage

Lifer
Nov 17, 2011
13,021
0
0
Oh that? Pfft...that is just a slip by his accounting firm. This is even less of an issue than Obama saying there are more than 50 states in the US. Quite silly.

If this is what the dems are resorting to using against Romney, they are in worse shape than I thought.
 

GarfieldtheCat

Diamond Member
Jan 7, 2005
3,708
1
0
Oh that? Pfft...that is just a slip by his accounting firm. This is even less of an issue than Obama saying there are more than 50 states in the US. Quite silly.

If this is what the dems are resorting to using against Romney, they are in worse shape than I thought.

No, they are correctly pointing out that he hasn't released past tax returns, unlike all other presidential candidates (including Obama and his own father!).

And now we know he was stated multiple lies:

-He always pays at least 13% in taxes
-He always pays the legal minimum in taxes (doesn't intentionally pay more)
-He isn't fit to be President if he didn't pay the minimum

And now we find out he lied again, since he intentionally didn't deduct all his possible deductions, just to meet the 13% goal of his.

If he had, he would have paid ~9%....Ooops!

So when a guy lies that much (and that poorly), what else is he doing wrong?

Just what is on his past 4-5 years of taxes that he is so afraid for people to see? Wanna guess?
 

xBiffx

Diamond Member
Aug 22, 2011
8,232
2
0
ROFLMAO!

People complain he didn't pay enough taxes. Now the same people are complaining that he didn't take enough deductions so that he could pay more taxes. Now he is evil for paying more than the legal amount. So those same people are now saying he should have payed less taxes. Wow.

Liberal mental gymnastics once again.
 

wayliff

Lifer
Nov 28, 2002
11,720
11
81
A lot of attention is put into this tax thing...

Romney, since he supposedly has nothing to hide or be ashamed of, should just release the dang returns and everyone happy...move on. If there's something fishy or tricksy then well...what can I say.
If that costs him the presidency, maybe he should have not even tried to begin with.

I don't care if he made US$50 million in 6 months. Good for him.
 

nehalem256

Lifer
Apr 13, 2012
15,669
8
0
ROFLMAO!

People complain he didn't pay enough taxes. Now the same people are complaining that he didn't take enough deductions so that he could pay more taxes. Now he is evil for paying more than the legal amount. So those same people are now saying he should have payed less taxes. Wow.

Liberal mental gymnastics once again.

They are also implicitly complaining about Romney donating charity.

Why don't they just have the balls to come out and say they do not think donating to charity should be ta deductible? :confused:
 

wayliff

Lifer
Nov 28, 2002
11,720
11
81
Well, Obama was not much for making any kind of charitable donations until he started his run for the presidency, so it is good to see how consistent Romney has been in doing so.

Obama's charitable donations as reported by the Washington Post,
2005: $77,315 to charity out of income of $1.66 million (4.6 percent)
2004: $2,500 out of $207,647 (1.2 percent)
2003: $3,400 out of $238,327 (1.4 percent)
2002: $1,050 out of $259,394 (0.4 percent)

Not to defend anyone...but based on that little chart, it makes sense, to me, why anyone would donate more once higher income is achieved.

I don't see anything wrong here.
 

Todd33

Diamond Member
Oct 16, 2003
7,842
2
81
ROFLMAO!

People complain he didn't pay enough taxes. Now the same people are complaining that he didn't take enough deductions so that he could pay more taxes. Now he is evil for paying more than the legal amount. So those same people are now saying he should have payed less taxes. Wow.

Liberal mental gymnastics once again.

I don't think that is it at all. The fact is his rate would have been <10% unless he fudged his deductions to make his rate look higher. So he gave some extra cash to LDS (not a real charity IMO) and didn't claim it, why should his tax rate be 9% or 14% when most middle class people pay >20%?
 

xBiffx

Diamond Member
Aug 22, 2011
8,232
2
0
I don't think that is it at all. The fact is his rate would have been <10% unless he fudged his deductions to make his rate look higher. So he gave some extra cash to LDS (not a real charity IMO) and didn't claim it, why should his tax rate be 9% or 14% when most middle class people pay >20%?

That is the way tax law is written? It's fine if you don't like it, but blaming Romney for it wreaks of partisan antics. Also, trying to pin the guy in some sort of lie about never paying more than legal amount is petty and irrelevant. Its a white lie and it only makes those who have a problem look like partisan hacks.

At least he is sending extra money to a charity instead of flushing down the government toilet.

I payed 22% last year, and wasn't happy about it. But when I hear what Romeny paid, I am not angry with him, but rather the fucked up tax code we have. The IRS combined with the ones in government that empowers them is the target of my anger.
 
Last edited:

Smoblikat

Diamond Member
Nov 19, 2011
5,184
107
106
I don't think that is it at all. The fact is his rate would have been <10% unless he fudged his deductions to make his rate look higher. So he gave some extra cash to LDS (not a real charity IMO) and didn't claim it, why should his tax rate be 9% or 14% when most middle class people pay >20%?

Doesnt roughly 50% of the country pay 0% federal income tax?