Comments about ‘Romney paid $3M in federal income tax in 2010’

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Published: Tuesday, Jan. 24 2012 9:55 a.m. MST

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AFVet
Lindon, UT

Earned $21.7 million??? I thought Mitt was just an unemployed guy who lived on the streets of real America.

xert
Santa Monica, CA

Good for him! When my video/pizza slice chain idea really catches hold, I'll be looking for loopholes too and getting my rate down to thirteen percent. And that will really help when I pass my riches down to my family. Look out 1%, there's a new boy in town! I'm coming hard and fast and Mitt is my inspiration!

Claudio
Springville, Ut

$1.5 million out of $21 million is not a full tithe. And the shoe drops.

raybies
Layton, UT

Let the Class Warfare begin... never thought it'd be the republicans to start it... but anything to keep fine upstanding Mormon candidates from running for office.

CP
Tooele, UT

At least he paid his taxes :) Goes to show he doesn't try to cheat on them.

Mountanman
Hayden, ID

$3 million in federal income taxes in 2010! Gee, that's just about 2% of the amount of money Obama wasted on Solindra Solar alone! Money well wasted by Obama, again. Come on all you greedy rich people out there, pay your "fair" share so your govenment can squander it all and more! But remember, no matter how much money you pay, it will NEVER be nearly enough and you will still be greedy, rich people destroying America because you are not paying YOUR fair share! You must do with less, but the government, can not, will not do with less, lest grandma has to eat dog food or children starve!

RanchHand
Huntsville, UT

" I don't think you want someone as the candidate for president who pays more taxes than he owes."

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No, but I do want a president who recognizes that a millionaire paying 15% when the rest of the country pays in the 30% range is an inequity that shouldn't exist.

JoeBlow
Miami Area, Fl

I can already predict where those on the right and left will line up on this.

Both sides have valid arguments.

But, we continue to debate the details without actually looking at the big picture.

The wealth in this country has been steadily rising to the top. Pretty hard to dispute that. So, I believe that we should ask ourselves -

Why is it happening?
Any reason to believe that it will not continue?
Is this good for our country?
What if anything should be done?

Until we answer the first 3, there is no reason to attempt to answer the fourth.

Ares
Cottonwood Heights, UT

Kasie,

Is there REALLY nothing else to write about? I could care less how much someone got paid in income tax. How about an article that addresses what each candidate stands for and how they plan to beat Obama? That has more relevance to everyone.

3grandslams
Iowa City, IA

Look like Gingrich needs to take some lessons from Romney about how to lower your tax rate. I'll be laughing if Gingrich says, "See, I pay more taxes!" Brilliant comment froma pseudo conservative.

The other document that eveyone needs to release is how much they donate as charitable donations. You don't need to donate to the Mormon church just to get that tax break.

Liberal Ted
Salt Lake City, UT

@AFVet | 3:34 a.m. Jan. 24, 2012

Mitt is retired. Who is smart enough to save and invest his money in IRA, 401K and other accounts. So money he paid taxes on while he earned it, he gets to pay taxes again when he withdraws it except the IRA account (which anyone can open an account and get the same benfit).

Is there a politician that really lives like the average american? You have to be wealthy to run for office. That is the way the system is set up. If you can't generate money, then you can't run for office.

N.C.Y.
Iowa City, IA

That people are hyperventalating over how much Romney legally paid in taxes is the most ludicroous, desperate argument ever. They are getting mad at a man who is obeying the law.

Why didn't the Democrats get angry at Obama when he appointed cabinet members (yes more than one) who evaded their taxes? This is the most polorizing double standard I have ever seen.

Aggielove
Junction city, Oregon

So many jealous people out there.
Mitts a real man.

Weber State Graduate
Clearfield, UT

Here we go with the silly, class envy rhetoric.

You got too much and don't deserve it!

Just how much is too much? I don't know, but it's more than I got so you owe me!

Why are you owed the prosperity of another? Because I'm entitled to what you got because I don't got it, so start paying your fair share!

I love this new country! When do I get mine?

Arynen
Midvale, UT

Congratulations, he's rich. Let's move on to something important.

east of utah
Saint Joseph, MO

1.5 million paid to the LDS church? That ain't 10%. Is Mitt a full tithe payer?

Truthseeker
SLO, CA

From an article in MoneyCNN:

Romney and his wife Ann hold about 100 stocks, including Dell, Disney and Target, as well as foreign issues including the Bank of Yokohama and China Mobile, in two blind trusts.

About 43 percent of the Romney portfolio is tied up in private equity investments through Bain Capital Management. About $38 million is in Federal Home Loan Bank bonds that have maturities stretching out to 2016.

Last year Romney's adviser sold dozens of stocks, some of which he believed would be politically sensitive.
Among them: gaming companies such as Bally and Harrah's, and companies that do business with Iran, including European oil producers Eni SpA and Total. The sales explain Romney's ultrahigh 2006 income.

Other data:
Romney's blind trust: $86.3 million
Ann's blind trust: $36.4 million
Mitt's IRA: $42.9 million
Ann's IRA $40,000
Cash $18.7 million
Homes: $18.7 million

Grundle
West Jordan, UT

Nothing to see here...move on.

Rob
Logan, UT

I can't believe some people resent someone being successful. Who makes the jobs for us? If everyone was average we wouldn't have so many jobs. I bet certain people are laughing that there is class warfare going on. Mitt Romney is a really good person. I still don't know who I am voting for. I know it will not be someone who cheats on wife after wife. Marriage is a sacred institution. It is the most important vows you will make. If you will cheat on your spouse you will do anything. Then at the same time blasting President Clinton for doing the exact same thing.
I saw on the internet where someone posted pictures of Mitt Romney helping people in California after a fire. His son lived there and he put on his gloves and helped cut down a burned tree so it wouldn't fall on someone's home. No press was there. The only reason it got on the internet is someone who was there took pictures and posted it. This is a real person who will stop what he is doing to help others. Aren't we all just real people?

3grandslams
Iowa City, IA

re:ranchhand...if you are paying 30% in taxes you need to stop using turbo tax and get some professional help.

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