Comments about ‘Romneys paid $1.94 million federal taxes for 2011’

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Published: Friday, Sept. 21 2012 4:01 p.m. MDT

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Mountanman
Hayden, ID

The larger question is, will Harry Reid, Obama and Nancy Pelosi apologize to Romney for lying about him? And the second valid question is why do Democrats contribute next to nothing to charities? Says something about the difference between Mitt Romney and his critics doesn’t it?

Shaun
Sandy, UT

@voice of reason. I never said anything about income equality. I am talking about tax income equality. Income should be taxed as income whether you are flipping burgers, a construction worker or what ever.

I will pay over twenty five percent in federal taxes this year, but romney only pays 14 percent. I do think that is right.

@Sportsfan. Romney do not take a salary from bain get taxed at ordinary income tax rates then reinvest it. He is a beneficiary from the carried interest tax rule that allows him to avoid being taxed like a worker and instead gets a sweet heart deal at 15 percent.

Bebyebe
UUU, UT

Romney is defying candidate tradition by refusing to release more tax returns - a tradition embraced by his own father. There is no reason to assume anything other than he's got something to hide.

FDRfan
Sugar City, ID

In 1932, One percent of the population owned 59% of the wealth. In 1929, 1930 and 1931, J. P. Morgan paid no income taxes and said that he owed society nothing. He also said that if we destroyed the leisure class, we would destroy civilization. But J. P. Morgan was not running to be President of the United States. I am really disappointed st it seems that Mitt Romney is so alined with the J. P. Morgans and Herbert Hoovers. I will still await for the debates before I decide to vote or not. I will not vote for the incumbent, but I may write in the mailman's name.

worf
Mcallen, TX

liberal larry,

The banks in Cayman Islands and other off shore accounts pay more interest.

Romney has been very wise with money, and it's a shame that many Americans have traded wisdom for envy.

ManInTheMiddle
SANDY, UT

Over the last 20 years Romney average 20% Federal tax, 8% state tax, and 14% charitable donations. That means he paid out 42% of all of his income and kept just 58%. Isn't 42% enough?

If Democrats want to end poverty their solution is simple. Have every American pay the same tax rates and donate the same percentage of income as Mitt did and poverty will be a thing of the past. Just have everyone do what Mitt did and the problem is solved.

Attacking Mitt on his taxes is intellectually bankrupt - shame on you.

Millsap fan
Taylorsville, UT

The problem with Romney releasing his taxes is just like politics and the bible people would spin it and twist it and leave out important information to conform to their allegations. Romney knows this and is smart not to play that game.

ManInTheMiddle
SANDY, UT

Shaun,
You misunderstand the reason why Democrats and Republicans aren't asking for the taxes to be treated the same. Why do you think that Harry Reid hasn't brought up a bill saying the rates should be the same??

The reason is; who would invest in the US if the tax rate were over 40% (Fed and State combined) on investment dollars? I wouldn't. Guess what the cap gains rates are in India?? or Germany?? or many other countries. If you guessed zero percent you win. If you had investment dollars, where are you going to invest them - in a country with a tax rate of zero percent or 40 percent???

worf
Mcallen, TX

Rewards, of hard work, responsibility, creativity, wisdom, and living the American dream, are transforming to jealousy, coveting, and envy.

Thank you Barack Obama for unifying the country. opps! I mean dividing the country. Yep! We don't make businesses, do we?

no fit in SG
St.George, Utah

Bottom line..
Tax returns whirligigs, cooked up by Mitt Romney and his tax attorneys, are now, just a small part of Romney's negative baggage. Buckle the seat belt for more surprises this week concerning the Mitt no one really knows.
Remember Roy Orbison's famous tune, " It's Over" ?
Ya'll can start singing it, or humming it, if you are out in public.

sergio
Phoenix, AZ

.No thinking citizen or voter is being fooled by Romney cooking the books and doctoring his tax return to benefit his campaign. It is time for Romney to man up and release all his tax returns and stop the charade of putting more lip stick on the elephant; he is not fooling anyone and he is making a donkey of himself.

Mad Hatter
Provo, UT

Romney probably will file an amended tax return because he did not take full advantage of the tax deductions allowed by current law. The 14.1% tax apparently was generated to off-set much of the criticism directed at him this election cycle. He probably would have paid less as a percentage of income if he had taken full advantage of the current tax system to which he is entitled. Unfortunately, those with significantly less income do not have the same benefits for tax manipulation.

LoveLife
Riverton, UT

Mad Hatter,
Project much?

You don't know why he didn't take all of his deductions. Perhaps it was because people were calling him un-American if he DID take all the deductions?

You also don't know what he will do in the future. I recall reading the exact same thing at the New York Times, without any named source. That probably isn't a very reliable statement to go around making, unless you are some sort of mind-reader with a proven track record.

Sergio & No Fit,
You don't have any proof of cooked books or doctored taxes. Your source is Harry Reid-the shameful Senate majority leader who stood on the Senate floor and declared that Romney didn't pay ANY taxes for the past ten years. Get a life. He paid his full taxes in a legal and lawful manner. Do you think that Obama didn't have the IRS on Romney's tail to dig up any dirt on him? If you don't believe it, you should go research some history on Obama's opponents for the Senate in 2004, both in the primary and the general election.

cindyacre
Shelley, ID

SportsFan7 is right - Mitt Romney gets taxed twice.

This discussion about Romney's wealth is all about envy. It isn't about having a person in the White House who knows how to manage finances - which is where the discussion should be.

Salsero
Provo, UT

Those complaining so-called Liberal bias in requesting full-disclosure on tax filings and compliance with existing law need look no further than Richard Nixon's Checkers speech. The insistence upon full-disclosure has been both a Republican and a Democratic theme for many decades. Transparancy, paying one's fair obligation, obedience to law has always been demanded of those seeking higher office and desiring to serve the public good.

Many in this dialog may simple be anti-tax anything because they say taxation is "theft", whether by the federal, state, or local government, particularly when it is their own money they're talking about. Regardless of the compact made when a society organizes under a government (as established by the Constitution), they simply don't want to pay taxes. Most people don't like to pay taxes but accept it as necessary for living in a civilized society. However, these anti-tax zealots don't want to pay taxes, yet they want the services other people's taxes pay for.

The argument should be: What is a fair tax, how should that money be used, and how should everyone in our society be given the opportunity to succeed.

David
Centerville, UT

Liberals cannot stand that Romney would give $4 million to charity, where it actually helps more people more efficiently and more directly. Instead, liberals want to require people like Romney to give all of their money to government until they are poor. LIberals and Democrats are never satisfied to see another person succeed and have wealth. The libs greed causes them to try and get all the wealth in the country for their own purposes.

Igualmente
Mesa, AZ

Romney pays more taxes than the law requires because he doesn't claim all of his deductions. He also pays a full 10% tithing on his gross earnings before taxes, social security and Medicare. What a patriot, yet huff post is now calling him a flip-flopped because he release tax history, which incident,y is not required by law, far too late after their demands. Apparently, this flip-flopping charge is the only mud they can dream up.

Furry1993
Ogden, UT

To Joan Watson 6:53 p.m. Sept. 21, 2012

The answers to your questions:

is Mitt Romney an honest man? - No

has he paid his fair share of federal and state taxes? - I don't know. A forensic accountant will need to evalute his rreturns going back to 1999 beore that can be answered.

is he a rich man? Yes

. . . that has contributed money and time to the betterment of others? - Some time and money, as a way to make a good show

is he a proven and effective leader who sholders and owns his responsibilities? - No

can he solve problems? No -- he causes more than he has arguably solved

Due to the ansers above - he is exactly the same as most of today's polliticians.

It would be a disaster to have Romney as president of the United States.

Furry1993
Ogden, UT

Romney deliberately isn't claiming every deduction to which he is entitled because that would bring his effective tax rate down to about 9% and he doesn't want it to look like he doesn't pay enough taxes (of course he can always amend his return and take the full deduction after the election, when his finances aren't in question any more). Romney is therefore paying more taxes than he is required to pay. Romney has said that, if he paid more taxes than he is required to pay, he is not qualified to be president. Romney has just proved, by his own words and standards, that he is not qualified to be president.

Gkwahlberg
Taylorsville, UT

@Shaun Capital gains are taxed a lower rate because they are earnings or dividends of money that has been invested and has been taxed previously. If a person invests some of the money they earn, which was taxed at the standard income tax level, they should not have to pay regular taxes levels on the money earned from those investments because it has already been taxed when first earned. An exception would be IRA investments which are purchased with pre-tax dollars.

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