Mitt Romney Files Extension For 2011 Tax Return

J.E.D

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Jul 28, 2011
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So he has up until October to file his taxes - just before the general election. I'm sure it's just a coincidence, right? :eusa_whistle:

Romney files tax extension - Political Hotsheet - CBS News

(CBS News) Presumptive Republican presidential nominee Mitt Romney has filed for a six-month extension to file his 2011 taxes.

The deadline to file this year is on April 17th, but the IRS grants six-month extensions for those who request it. According to the IRS, 10.5 million people filed for an extension last year.

Romney spokesperson Andrea Saul said Romney will file and publicly release his 2011 return "when there is sufficient information to provide an accurate return." She said it would be before the November election.

Romney, who's net worth is in hundreds of millions of dollars due to his time as CEO of Bain Capital, released his 2010 returns and projected 2011 rates after repeated calls from his rivals during the Republican primary process.

According to the extension filed, the Romneys have paid $3,434,441 in estimated taxes for 2011.
 
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Riiigght, after all of the headlines and hubbub over Romney's effective tax rate from the years that he released and taxes in general - especially tax rates of the top percent - being a big part of this election cycle, it's just a mere coincidence that Romney's taxes for last year won't be released until just before the election (assuming they actually agree to releases them before the election). Nothing to see here, folks.
 
So he has up until October to file his taxes - just before the general election. I'm sure it's just a coincidence, right? :eusa_whistle:

Romney files tax extension - Political Hotsheet - CBS News

(CBS News) Presumptive Republican presidential nominee Mitt Romney has filed for a six-month extension to file his 2011 taxes.

The deadline to file this year is on April 17th, but the IRS grants six-month extensions for those who request it. According to the IRS, 10.5 million people filed for an extension last year.

Romney spokesperson Andrea Saul said Romney will file and publicly release his 2011 return "when there is sufficient information to provide an accurate return." She said it would be before the November election.

Romney, who's net worth is in hundreds of millions of dollars due to his time as CEO of Bain Capital, released his 2010 returns and projected 2011 rates after repeated calls from his rivals during the Republican primary process.

According to the extension filed, the Romneys have paid $3,434,441 in estimated taxes for 2011.

No matter what he does for some it will never be good enough..........
 
Riiigght, after all of the headlines and hubbub over Romney's effective tax rate from the years that he released and taxes in general - especially tax rates of the top percent - being a big part of this election cycle, it's just a mere coincidence that Romney's taxes for last year won't be released until just before the election (assuming they actually agree to releases them before the election). Nothing to see here, folks.

yeah but why u mad tho?
 
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Riiigght, after all of the headlines and hubbub over Romney's effective tax rate from the years that he released and taxes in general - especially tax rates of the top percent - being a big part of this election cycle, it's just a mere coincidence that Romney's taxes for last year won't be released until just before the election (assuming they actually agree to releases them before the election). Nothing to see here, folks.

yeah but why u mad tho?

I see you've gone to your default response when you have nothing else to say.
 
Riiigght, after all of the headlines and hubbub over Romney's effective tax rate from the years that he released and taxes in general - especially tax rates of the top percent - being a big part of this election cycle, it's just a mere coincidence that Romney's taxes for last year won't be released until just before the election (assuming they actually agree to releases them before the election). Nothing to see here, folks.

yeah but why u mad tho?

I see you've gone to your default response when you have nothing else to say.

I seriously do not know why you're mad about this. Super, super, serious.
 
Riiigght, after all of the headlines and hubbub over Romney's effective tax rate from the years that he released and taxes in general - especially tax rates of the top percent - being a big part of this election cycle, it's just a mere coincidence that Romney's taxes for last year won't be released until just before the election (assuming they actually agree to releases them before the election). Nothing to see here, folks.

Nothing to see here folks. Obsessed are we??? :clap2: You are right about one thing. Nothing to see here.
 
BBC News - Barack Obama paid 20.5% tax in 2011 - White House

Barack Obama paid 20.5% tax in 2011 - White House

US President Barack Obama has released his tax return for 2011, as he seeks to make taxation a key election issue with his Republican foes.


The return says Mr Obama paid an effective tax rate of 20.5% on total income of nearly $790,000 (£498,000).

The president has recently advocated making wealthy Americans pay more tax.

Analysts say Mr Obama is attempting to characterise Mitt Romney, his wealthy Republican rival, as remote from ordinary economic concerns.

On the same day that Mr Obama released his tax information the Romney campaign said that their candidate had filed for an extension on his 2011 tax return.

Mr Romney, a wealthy businessman, is likely to pay 15.4% in tax on an income of $20.9m in 2011, according to an estimate he has released.

Correspondents say Mr Romney pays a lower rate because the US tax system treats income from investments more favourably than wage earnings.

Half of Mr Obama's $789,674 income in 2011 came from his presidential salary, with the remainder from sales of his books, according to the return published by the White House.

Mr Obama and fellow Democrats have renewed calls for the rich to pay a "fair share", ahead of a vote in the US Senate on the so-called "Buffett Rule".

Under the proposal before the Senate, named after billionaire investor Warren Buffett, there would be a minimum 30% tax on earnings over $1m.

Mr Buffet has often pointed out that he pays a lower effective tax rate than his secretary.

The White House confirmed that Mr Obama also paid a lower tax rate than his secretary, adding that the anomaly demonstrated why the US tax code was in need of reform.
 
Riiigght, after all of the headlines and hubbub over Romney's effective tax rate from the years that he released and taxes in general - especially tax rates of the top percent - being a big part of this election cycle, it's just a mere coincidence that Romney's taxes for last year won't be released until just before the election (assuming they actually agree to releases them before the election). Nothing to see here, folks.

Nothing to see here folks. Obsessed are we??? :clap2: You are right about one thing. Nothing to see here.

Obsessed? No. But it would be nice to know what Romney's effective tax rate was for 2011 - sooner than a few weeks before the election, that is.I mean, he's only going to be competing for the office of POTUS. What does he have to hide?
 
So let's see that makes taxes paid for 2011:

$3,218,600 for Mitt Romney
$_161,950 for Barack Obama

Lets talk about how Romney doesn't pay enough taxes.
 
Last edited:
So let's see that makes taxes paid for 2011:

$3,218,600 for Mitt Romney

$ 161,950 for Barack Obama

Lets talk about how Romney doesn't pay enough taxes.

Romney earned more. It's not about how much a person earns; it's about their tax rate. Romney paid an effective tax rate of 14% for the tax years that he already released. Obama paid a tax rate of 20% on this year's taxes. Now let's talk about how Romney paid less of a tax rate than Obama (and myself and millions of Americans) when he earned more.
 
So he has up until October to file his taxes - just before the general election. I'm sure it's just a coincidence, right? :eusa_whistle:

Romney files tax extension - Political Hotsheet - CBS News

(CBS News) Presumptive Republican presidential nominee Mitt Romney has filed for a six-month extension to file his 2011 taxes.

The deadline to file this year is on April 17th, but the IRS grants six-month extensions for those who request it. According to the IRS, 10.5 million people filed for an extension last year.

Romney spokesperson Andrea Saul said Romney will file and publicly release his 2011 return "when there is sufficient information to provide an accurate return." She said it would be before the November election.

Romney, who's net worth is in hundreds of millions of dollars due to his time as CEO of Bain Capital, released his 2010 returns and projected 2011 rates after repeated calls from his rivals during the Republican primary process.

According to the extension filed, the Romneys have paid $3,434,441 in estimated taxes for 2011.

It would be pretty dumb to have this be the faux outrage liberal media story in october, he should just release it now and let those journalists who take americans for morons run their spin now.
 

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