Friday, September 21, 2012

Romney Offers New Tax Details


The WSJ published this – proves that Romney (in his own words) is NOT qualified to become president:

David Kautter, managing director of the Kogod Tax Center at American University, estimates that if the Romneys had taken the full $4 million deduction for their charitable contributions instead of the $2.25 million they took, their effective tax rate would have been about 10.5%. Mr. Kautter estimated that Mr. Romney overpaid his federal income tax by nearly $500,000.

In a July interview with ABC News, Mr. Romney said he had paid all that he owed, but no more. "I've paid all the taxes required by law," Mr. Romney said. "I don't pay more than are legally due and, frankly, if I had paid more than are legally due I don't think I'd be qualified to become president."

No comments:

Post a Comment