Romney Draws the Line at Two Years on Release of Tax Returns
So much for Mitt Romney following in his father's footsteps who released twelve years of his tax returns when running for President. I'll be surprised if this answer satisfies anyone since just the last two years may not show us much about how Romney has been investing or offshoring his money for the last decade. From this Monday night's NBC Florida primary debate -- GOP debate: Romney says he'll only release two years of tax returns:
Mitt Romney said that he will only release two years of his tax returns.
He also said there will be "no surprises" in the returns that he will release on Tuesday.
The former Massachusetts governor said he disagreed with his father, former Michigan Gov. George Romney (R), who released 12 years of returns while running for president.
"I agree with my dad on a lot of things but we also disagree," Romney said at Monday night's GOP debate. "Going out with 12 years of returns is not something I'm going to do. I'm putting out two years, which is more than anyone else on this stage. I think it'll satisfy the interest of the American people... I think that's the right number." [...]
After losing Saturday's South Carolina primary, Romney said he'd release his 2010 returns and a 2011 estimate on Tuesday in an effort to put the issue to rest.
But the issue came up again Monday night.
Romney tried to pivot the conversation to his economic plan, saying: "The real question is not my taxes but the taxes of the American people."
But moderator Brian Williams brought the conversation back to Romney's tax returns.
Romney said he was sure people would talk about his returns. "You'll see my income come, you'll see how much taxes I paid, all I gave to charity," he said, adding he hadn't paid one more dollar in taxes than he owed.
"I'm proud of the fact I pay a lot of taxes," he said.
Think Progress has more on that here -- Romney ‘Proud Of The Fact’ That He Pays ‘A Lot’ Of Taxes, But His Plan Would Cut His Own Taxes In Half.
Back in 1983 when I bought my first house under a government program, my husband and I had to produce three years of income tax returns. But whatever. Now we have Mr. One Percent telling the country two years of income tax returns from the Romney household will suffice for Mittens to become president of the United States.
What's good for the geese is obviously not good for the gander. Those old folks knew what they were talking about with those old sayings!
Yep. But these Parasites of Privilege have been living by the "only the geese" standard for years.
They are not use to being treated as mere mortals, and they don't like it.
If I were a psychopath, I would join the republican party, and get in on the gravy train taking the Teabircher morons to the cleaners.
what an absolutely perfect description of Plastic-Fantastic-Mitt and his fellow 0.01%'ers.
What a pandering, clutching, narcissistic asshole he is.
Vote GOP and move forward to the 18th Century.
Mitt tells his audience anything he thinks they want to hear.
So if it doesn't "satisfy the interest of the American people" then he'll release more years, right?
Isn't that the year he closed his Swiss bank account for "politically prudent" reasons?
Coincidence, I'm sure...
Clearly, Romney only wants us to see the returns he's filed since he decided to run for president, making sure he tweaks them so they don't look so bad.
And STILL, even after $3mil in donations, he only paid $3mil in taxes on $21.7m in income (13.8%).
(Links in Blog Roundup.)
* There are two types of Republicans: millionaires and suckers.
"Mugsy's Rap Sheet": Recording history for those who seek to rewrite it.
was directly to his church . . . wonder how much of the remaining 400,000 went to LDS-tied charities?
Did the LDS donate to Mitt's campaign or a PAC/SuperPAC advocating on his behalf?
money laundering, anyone?
Republicans, I'm sure
Great gig if you can get it...
"Parachutes are allowed in checked or carry-on baggage, but may not be worn in flight."
---Southwest Airlines
That's right you rich kid trust fund asshole.
Don't put that shovel down.
Keep on diggin' that hole. Deeper and deeper, you clueless dip-shit.
Anyone outside the brain dead republican base, will have a hard time voting for these imbeciles.
If I were a psychopath, I would join the republican party, and get in on the gravy train taking the Teabircher morons to the cleaners.
that Romney made a deal with Pilsbury Doughnewt that went something like this "If I release 2010 and 2011 (esimate) will you stop talking about my taxes?" Newt: "What else do I get?" Romney: "I'll stop talking about ________ (the missing link)" Newt: "Done deal!" And after that, who cares what the "American people" think . . .
13.4% in the previous years...Note the estimate was JACKED-UP to over 15% in 2011.... That would be the first time I would bet he hit the maximum threshold allowable in a decade! He is been employed for the past 7 years running for President! It cost him$42 million in 2008..bet that was more than he paid in taxes for the last few years!
This is a teachable moment..Now we have proof that those who get a tax break DO NOT CREATE JOBS...unless you count renovations on your tax deductible California 4th home! And about those charitable contributions to his church and family foundations...Hmmm... no wonder he won't release the rest..They would be lower than the 13% in 2010!
He has to scrape by on a measley $18.6M net income. I don't see how he does it. No wonder he needs another tax break. It's hard work making a return on $250 X-Large you know.....
No problem! We'll just cut millions of Americans' medicare checks!
And somehow this all translates into jobs and decent pay for working stiffs.
Mitt can go fuck himself.
that he pays a much lower percentage than practically anybody else?
Hasa Diga Eebowai
"I don't pay any more than I have to."
But there's nothing honorable about how he made his money or how he's trying to keep it.
Everybody must remember just how lowbrow all these desperate people are that listen to his habitual lies and cheer.
The Proceeds from his Book go to his Church and he uses it as a Deduction from his Income Taxes.
But Mitt never Gets paid the money and it's not his taxable Income. The money Goes Directly to the Church. The Church doesn't pay taxes on it either. Because Mitt Supposedly wrote the Book, it's published in his Name but the owner is the Church. Mitt Gets to Write off the value of his Book Donation.
It's a legal Tax Dodge!
Donaldd
By releasing just two years of tax returns, Romney guarantees that he'll keep getting poked about releasing more. He's either a fool or he really has things in there he doesn't want seen.
It's as if Willard just challenged every computer hacker in the world to a contest: Who can get Mitt Romney's tax returns to WikiLeaks the fastest?
Where's my popcorn!
of returns. He's releasing 2. By that standard, he's 1/6th the man his father was which might be generous.
.
Well since he said that $340 something thousand was "Not much" and he now says "...I pay a lot of taxes." I'm gonna go out on a limb and guess he must be talking somewhere around $34 million in taxes. I can't wait to see how close I am.
The best thing about this, is that it may awaken the American people to the fact that the real welfare queens in this country are the corporate fascist elite: Billionaires and multi-multi-millionaires.
Also, it would be a great opportunity for a democrat to ratchet up the rhetoric on 90%+ tax rates; just like we had in the glorious 50'S under the great republican president and supreme commander of allied forces in WWII - Dwight D. Eisenhower.
Let's see them rich free loading bastards begging for a 60% tax rate, instead of this piddly, ridiculous 39% rate we had under Clinton.
The worst thing about this, is we have Obama - DLC GOP wannabee - running and representing what use to be the people's party of FDR. So, I look for this to be another massive chance for progressive change, that Hopey will squander away for the rest of us.
If I were a psychopath, I would join the republican party, and get in on the gravy train taking the Teabircher morons to the cleaners.
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