Comparing Obama's 2011 Return with Romney's

Discussion in 'Politics' started by Luddly Neddite, Sep 23, 2012.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Comparing Obama's 2011 Return with Romney's

    Obama's had an adjusted gross income of $789,674 on which they paid $162,074 in taxes.
    They had an effective federal tax rate of 20.5 percent.
    The Obamas donated $172,130 to 39 charities which is 21.7 percent of their income.

    href="http://blogs.suntimes.com/sweet/2012/04/obamas_2012_income_tax_return.html">Obama's 2012 income tax return: $789,674 adjusted gross income in 2011. Chicago charitable donations - Lynn Sweet

    The Romney's paid 14.1 percent on $13.7 million of income.

    They are claiming that their rate averaged 20.2 percent over a 20.2 percent over a 20 year period. There is no documentation to back that up.

    What is odd is that the Romney's donated more than $4 million to charity but claimed only $2.25 million.
    Total charity is 16.4 percent of their income.

    Had they taken the full deduction their effective tax rate would have been reduced to below 10 percent.

    Since tax returns can be amended up to 3 years beyond filing, the Romney's can claim the full deductions later and get a refund from the IRS.

    Romney's 2011 Tax Return Gives More Fodder To Critics Who Already Had Surplus : It's All Politics : NPR

    I expect the rw's will whine and wail because of the source and of course, they are more than welcome to PROVE the figures are incorrect.

    (A friend sent this to me. I did not write it myself.)
     
  2. buckeye45_73
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    buckeye45_73 Lakhota's my *****

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    Luddly it's a dead issue, who gives a shit....man why dont you put up a candidate that you can talk about issues and accomplishments and not this bullshit....God you are quinessential useful idiot......from now on I shall call you Luddly Sheehan
     
  3. California Girl
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    California Girl BANNED

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    There is documentation to back that up. From PWC. It's on Romney's website.

    Hack.
     
  4. California Girl
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    California Girl BANNED

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    He has to lie - and then disclaim his lie by saying it was written by someone else - in order to start yet another thread on this dead horse. Sad, but kind of funny.
     
  5. chikenwing
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    chikenwing Guest

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    They don't want to talk about the issues,for one the issues are over people like Luddly heads,and Obama's record is poor.

    Its like kriptonite to them
     
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  6. asaratis
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    asaratis Uppity Senior Citizen Gold Supporting Member Supporting Member

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    Please forgive the dumb animals, for they know not what they do.

    Liberalism is a mental disorder!
     
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  7. Grampa Murked U
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    Grampa Murked U Diamond Member

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    What is with you idiots and this envy bullshit?

    Romney had probably given more to charity in the last year or two than all of youcyou combined with Obama over your entire lives. So who cares for the poor more? Stick that in your fucking envy pipe and smoke it
     
  8. mudwhistle
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    mudwhistle Diamond Member

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    He gave more......but but but the percentages aren't enough.


    Giving millions of dollars means less to a rich guy than a poor guy giving a penny.......


    It's the fucken principle of the thing.....not the reality.
     
  9. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    1%'er.
    Why aren't you storming the White house with torches and pitch forks?
     
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  10. Trajan
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    Trajan conscientia mille testes

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    Are you accusing Price Waterhouse Cooper of lieing?
     

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