I guess MSNBC didn't report on Romney's taxes being released?

Apparently the Harry Reid/MSNBC/liberal lemming crowd doesn't want to discuss Romney's tax returns being released yesterday?
$1.9 million paid in taxes?
$4 million (30% of his income) given to charity?

I call that a fair share, wouldn't you?

**What should BO do with the $1.9 million Romney paid the gov't in taxes?
*He could create a couple of those temporary $40k/yr jobs he's known for or he could have some roadside signage created to brag about his stimulus spending

 

With an effective tax rate of around 14%.

 

Some other interesting facts;
"He gave an average of just over 13 percent to charity" (belittling Biden)
"Republican presidential candidate had paid taxes annually over the years from 1990 to 2009, never paid less than 13.66 percent in federal taxes over that period" (making Reid, at best, a relayer of false information)
"Over the entire 20-year period, the average annual effective federal tax rate was 20.20%."
"Why in the world would Romney decide to pay more than he had to" (Now the liberals are complaining that he pays too much? Talk about hypocrisy!)

 

And the problem is ?????????

 

There is no problem with that. That's why Little Joe has shut his mouth.

 

Romney is contrary to the Obama/Teddy mantra. Therefore, any and every lie, belittlement, method, twist, etc. has to be used to eliminate the contrarian.

 

You are shameless, attributing the tactics you yourself employ to your opponent. But please, continue to spell out to us how you convince yourself you're right.

 

The little-one may disagree with you (not that he'd say so publically, of course). His rants about "fairness" in taxes are in hundreds of threads.

 

Fact Check: Is Romney's tax rate really lower than yours?​

September 26, 2012​

President Obama's campaign, with a good dose of help from the media, is pushing a claim that millionaire Mitt Romney is taxed at a "lower rate" than someone making $50,000 a year.

The claim, though, is open to debate. It only holds up in a particular scenario in which both income and all payroll taxes are counted.
The president's campaign presumably is referring to Romney's release last week of his 2011 tax returns, which showed he paid an effective tax rate of 14.1 percent.

This revelation, as might be expected, fueled a wave of campaign stump speeches and videos. The latest was an Obama Web video blasting Romney's "strange take on tax fairness." It included clips of people accusing Romney of paying a lower rate than "average" Americans. An accompanying campaign email said: "Mitt Romney admitted he thinks it's fair that his $20 million income was taxed at a lower rate than someone making $50,000."

IRS data, though, shows that Romney's effective income tax rate -- that's what he pays as a percentage of his income once deductions and other benefits are factored in -- is actually far higher than what most Americans pay.

And it's certainly higher than what someone making $50,000 pays.

IRS data from 2010 shows someone making between $50,000 and $75,000 on average pays an effective rate of 7.8 percent. Even someone making between $100,000 and $200,000 pays a 12.1 percent rate -- also lower than Romney's.
So what is the Obama campaign referring to? There are a couple possibilities.

The campaign likely is trying to make the point that Romney's income -- at least the huge chunk of it that is derived from investments -- is taxed at a 15 percent rate, while others who earn their money from a paycheck are taxed at marginal income rates going all the way up to 35 percent.

The latter percentage, though, comes down once deductions and exemptions are included. The Tax Foundation estimated in a report in January that Romney's rate in 2010 -- which was also about 14 percent -- was higher than what 97 percent of Americans pay.

The math works out better for the Obama campaign's claims if all payroll taxes are included in the formula.

Since Romney earns most his income from investments and not from a paycheck, he doesn't have to pay much toward Social Security and Medicare taxes. But if both the employee and employer share of those taxes are included, according to a Tax Policy Center chart, the middle tier of earners would be paying a 15.5 percent effective rate. (As pointed out in an earlier report by FactCheck.org.)

That would be slightly higher than Romney's rate.

The Obama campaign, asked about its latest Web video, told FoxNews.com "you can't ignore the payroll tax" considering how big of a hit that is for most middle-class families.

The Obama campaign also referred FoxNews.com to Romney's comments to CBS' "60 Minutes.

In the interview, Romney was asked by reporter Scott Pelley whether Romney's rate is "fair to the guy who makes $50,000 and paid a higher rate than you did?"

Without disputing that claim, Romney said it was fair and explained: "It is a low rate. And one of the reasons why the capital gains tax rate is lower is because capital has already been taxed once at the corporate level, as high as 35 percent."
The claim by Pelley, though, made certain assumptions without explaining them.

Obama used Pelley's phrasing to repeat the claim Monday on ABC's "The View."

"Yesterday Governor Romney on 60 Minutes said -- was asked does he think it is fair that he pays a lower tax rate than somebody that's making $50,000 a year, and he said yes," Obama said.

As the Media Research Center pointed out, an ABC reporter also claimed that Romney's 14.1 percent rate was "lower" than that of an auto mechanic making $75,000.

While Romney may or may not pay less than the average middle-class earner -- depending on how one defines middle class and how one defines tax rate -- one thing is clear: Romney does pay at a lower rate than the typical wealthy person.
IRS data for 2010 showed those making between $1 million and $10 million typically paid at an effective tax rate of more than 25 percent.

​

​

Read more: http://www.foxnews.com/politics/2012/09/25/fact-check-is-romney-tax-rate-really-lower-than-yours/#ixzz27aMShbcv​

 

His effective tax rate was still almost 3 times my effective rate. And he paid over 500 times what I did in actual dollars. Thank you Romney! At least some of the 5%ers are paying their fair share.

 

Stu, I... just... about... fell... out... of... my... chair...!!!!!!!!!!!!!!!

 

Wow! The spin is thick with this one. The only reason Romney even came close to 14% is because he didn't claim all the money he gave to his church. Otherwise, he'd have ended up paying around 9%. Now, once he loses this election, he simply files an amended tax form and claims the rest of the money he paid to his church and he ends up paying an effective tax rate of......wait for it........9%.

 

He paid more than he had to? Man, that is really rare for a 5%er!

 

You know there are only 2 types of people in America...the 5%ers and us Real Americans!

 

So you are complaining because he gave away too much money? Just a bit on the partisan side there Teddy!

 

It's a tax return simply for show. Don't get suckered in.

 

Oh DICK! Stop living up to your name or down to it.

 

You mean he might only pay Twice the effective rate I did? Well, that isn't as good, I must admit. I think all 5%ers should pay at least 3 times my effective rate or 500 times my dollar amount...whichever is higher.

 

Stop the presses! Just how much money DIDN'T he claim? Evidence, please...

 

http://politicalticker.blogs.cnn.co...xtra-taxes-to-keep-his-word-and-break-it-too/