ROMNEY: "I NEVER PAID LESS THAN A 13% INCOME TAX RATE"

[Anonymous]

[b]http://www.cbsnews.com/8301-503544_162-57494683-503544/romney-i-never-paid-less-than-13-percent-in-taxes/

Mr Romney the question remains, what are you hiding that we the people can't see?

[Anonymous]

I wonder what the IRS would say if asked from proof, my reply was "trust me."

[Anonymous]

Maybe he just doesn't want the general population to know what an obscene amount of money he makes.

[Anonymous]

the basic question here is who do you want to be your president? the guy who paid 20% in taxes, proven through tax releases, or the guy who claims he paid "at least 13%" (but you have to just trust him).

unless you pay less than 13% yourself, i don't know how you could be comfortable with the latter.

[Anonymous]

Note that he said "INCOME" tax rate.
I take that to mean that his gain on 99% of what he makes, all of it as capital gains, dividends and carried interest was probably zero or close to zero through various off-shore shenanigans and loopholes in all the years for which he refuses to release his returns.

That way, if the information is somehow leaked later on, he could still claim that he wasn't lying when he mentioned income tax. "I never meant that to include capital gains."

[Anonymous]

Anonymous wrote: I wonder what the IRS would say if asked from proof, my reply was "trust me."

[Anonymous]

He is a stupid as*****. 13% and he thinks he paid his fair share.

[jsteele]

Anonymous wrote:Note that he said "INCOME" tax rate.
I take that to mean that his gain on 99% of what he makes, all of it as capital gains, dividends and carried interest was probably zero or close to zero through various off-shore shenanigans and loopholes in all the years for which he refuses to release his returns.

That way, if the information is somehow leaked later on, he could still claim that he wasn't lying when he mentioned income tax. "I never meant that to include capital gains."

Actually, the CBS article says "income tax", but Romney didn't say that. Here is the direct quote:

"I did go back and look at my taxes, and over the past 10 years I never paid less than 13 percent....I think the most recent year is 13.6 or something like that. So I paid taxes every single year." Later, he said, "But every year I've paid at least 13 percent, and if you add in addition the amount that goes to charity, why, the number gets well above 20 percent."

Someone should probably get Romney to clarify exactly what sort of taxes he is discussing here.

[Anonymous]

13% is too high, taxes should be based on consumption not income.

[Anonymous]

Anonymous wrote:[b]http://www.cbsnews.com/8301-503544_162-57494683-503544/romney-i-never-paid-less-than-13-percent-in-taxes/

Mr Romney the question remains, what are you hiding that we the people can't see?

I keep saying that people are asking the wrong question.

I believe him when he says he paid 13%.

I want to know about whether he transferred wealth to his children and whether or not he paid the 45% transfer tax on that.

The question to ask isn't about INCOME taxes. It's about ESTATE AND GIFT AND TRANSFER TAXES.

But the reporters are too stupid to understand that. And so now Mitt comes out talking about his INCOME taxes and thinks that might end the discussion. And it might.

[Anonymous]

Presidential tax returns:

http://www.taxhistory.org/www/website.nsf/Web/PresidentialTaxReturns?OpenDocument

Here's a new question for Mitt: If elected, will he release his returns every year he is in office?

[Anonymous]

Anonymous wrote:Presidential tax returns:

http://www.taxhistory.org/www/website.nsf/Web/PresidentialTaxReturns?OpenDocument

Here's a new question for Mitt: If elected, will he release his returns every year he is in office?

He's already an incredibly rich man, and he'll have to put everything in a blind trust anyway. Why on earth would he pull shenanigans post-election? His past is his problem, apparently.

[Anonymous]

jsteele wrote:

Anonymous wrote:Note that he said "INCOME" tax rate.
I take that to mean that his gain on 99% of what he makes, all of it as capital gains, dividends and carried interest was probably zero or close to zero through various off-shore shenanigans and loopholes in all the years for which he refuses to release his returns.

That way, if the information is somehow leaked later on, he could still claim that he wasn't lying when he mentioned income tax. "I never meant that to include capital gains."

Actually, the CBS article says "income tax", but Romney didn't say that. Here is the direct quote:

"I did go back and look at my taxes, and over the past 10 years I never paid less than 13 percent....I think the most recent year is 13.6 or something like that. So I paid taxes every single year." Later, he said, "But every year I've paid at least 13 percent, and if you add in addition the amount that goes to charity, why, the number gets well above 20 percent."

Someone should probably get Romney to clarify exactly what sort of taxes he is discussing here.

I stand corrected. On the other hand, the WP article says that when reporters pressed him on the issue of whether it was income tax he was talking about, he declined to elaborate. IMO, that says it all.

[Anonymous]

Anonymous wrote:Presidential tax returns:

http://www.taxhistory.org/www/website.nsf/Web/PresidentialTaxReturns?OpenDocument

Here's a new question for Mitt: If elected, will he release his returns every year he is in office?

Didn't you hear Anne?

No further releases will be released to you people. Now please, go back to wherever it is people like you go.

[Anonymous]

I didn't used to care all that much about this but now it's really starting to bug me. It's really starting to feel like he's hiding something. Whereas if he had released his taxes after some prodding, I figured that it wouldn't be a great reflection on him but it would all pass.

But now, wtf is going on?