NO IT WAS GOOD FOR ME REALLY  5:03 pm September 21, 2012

Mitt Romney Is One Glorious Tax Faker

by Jesse Taylor

let meg ryan ruin yet another lunch

If I’m Ann Romney (AND I AM), I worry about Mitt’s latest tax return, because he just faked a higher tax rate than he should have actually paid … and it’s still ridiculously low.

Mitt Romney’s 14.1 percent effective federal tax rate in 2011 would’ve been lower if he’d deducted all of his charitable contributions from his nearly $13.7 million in income. But after estimating that he paid at least 13 percent of his income in taxes in each of the last 10 years, Romney opted not to deduct nearly $1.8 million worth of charitable contributions last year to artificially lift his tax liability.

So what would Romney’s effective tax rate have been if he’d deducted all of his charitable donations? About 12.2 percent.

You climb into bed with a multimillionaire who won’t show you his tax returns, you’d hope he could be honest at least the one time he spreads his 1040s open for you.

Here’s the math we used, validated by tax experts at the liberal Center for American Progress.

According to the campaign, Romney earned $13,696,951 in 2011, of which he paid $1,935,708 in taxes.

But those figures include $1,770,772 in charitable contributions that he couldhave deducted, but chose not to. Since the campaign acknowledges that nearly all of Romney’s income came from investments, we assume he paid a 15 percent rate on that $1,770,772 — or $265,615.80 in taxes that he didn’t have to pay.

If you subtract that figure from his total taxes, you’re left with $1,670,092.20 — the amount of tax he would have paid if he’d deducted all of his charitable contributions.

And that’s 12.2 percent of his overall income.

When Mitt’s accountant comes up from between Mitt’s filings, exhausted, hands and mouth tired, and asks, “Was that good for you?” Mitt simply replies, “Yeah, great,” and then checks his phone to see if anyone texted. Because he’s just like that.

If you have to refuse to deduct $1.7 million in charitable donations just to raise your tax rate to the same really low rate you paid the prior year, maybe it is time to just give it up and embrace the fact that you don’t pay a high tax rate. I mean, it’s okay. It’s not about the size of your tax rate, it’s about how you use the taxes you paid.

(Just kidding, it’s totally about how big your tax rate is, and we would love it if Warren Buffet’s secretary could call us. <3 <3 <3)

[Talking Points Memo]

 

Hola wonkerados.

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{ 173 comments }

nounverb911 September 21, 2012 at 5:05 pm

"Math is hard"
–Mitt Romney MBA

qwerty42 September 21, 2012 at 5:17 pm

Well, it can be, but as someone (Yglesias?) was saying the other day, this isn't Calculus, differential equations, number theory or real analysis. It's arithmetic (as I believe someone said a few weeks ago). It's not Fermat's Last Theorem. OK, some accounting techniques get into polynomials, but still …

CivicHoliday September 21, 2012 at 6:21 pm

Barbie is his accountant

C_R_Eature September 21, 2012 at 5:05 pm

I'll have what Mitt's having.

Nostrildamus September 21, 2012 at 5:30 pm

If that includes Egg, I'll pass.

C_R_Eature September 21, 2012 at 5:33 pm

I'm actually pretty hungry.

MittBorg September 21, 2012 at 5:33 pm

Eeeee….uh, not if I know my CREatures, and I think I do.

Not so much drinky scotchy, our Mitty.

C_R_Eature September 21, 2012 at 6:28 pm

Oh, I'll bet that he buys the Good Stuff, just to display it prominently, making all the visiting lawyers drool and – more importantly – Because He Can.

MittBorg September 21, 2012 at 6:39 pm

I don't know about that rooty vetivert, mon ami. Sounds downright sushpishas, as we says in my parts of the world.

C_R_Eature September 21, 2012 at 6:56 pm

Well, at 11 grand I'll never as much as sniff the stopper, friend. I do like the peaty Highland runs, like Ardbeg and Macallan. It's a total Fall/Winter draft, though. Hot weather is no time for Scotch.

Barbara_ September 21, 2012 at 5:06 pm

I bet Mitt made Ann dumpster dive for restaurant receipts to claim as deductions.

Chet Kincaid_ September 21, 2012 at 5:38 pm

They have people for that: Meal Team Six. (thousands of groans)

Barbara_ September 21, 2012 at 5:53 pm

Oh God, that was freaking classic, swear to God. Loved it!

nounverb911 September 21, 2012 at 5:07 pm

"I'll have what she's having".
–Egg Romney

(Sorry about that CR).

C_R_Eature September 21, 2012 at 5:12 pm

No Worries, mate. Variation on a theme, and all that.

Lascauxcaveman September 21, 2012 at 5:19 pm

I *won't* have what she's having.

If by she, you mean Ann.

SayItWithWookies September 21, 2012 at 5:07 pm

"You're gonna wipe that up, right?"

Slim_Pickins September 21, 2012 at 5:07 pm

A tax return is probably even easier to fake than a birth certificate, just put some numbers into Turbo Tax and voila!

nounverb911 September 21, 2012 at 5:08 pm

Has Mitt gotten a copy of his birth certificate from Mexico yet?

Lionel[redacted]Esq September 21, 2012 at 5:37 pm

We must get Donald Trump on this immediately.

Comrade Snowball September 22, 2012 at 1:12 pm

You have to pay extra for the Turbo Tax version that can handle off-shore tax shelters and such. But Turbo Tax is deductible too so he likes it.

SayItWithWookies September 21, 2012 at 5:08 pm

Oh, Meg Ryan — I had just assumed that was Jennifer Granholm.

C_R_Eature September 21, 2012 at 5:13 pm

The Dating Game outtake you didn't see.

I_P September 21, 2012 at 5:14 pm

Fap, fap, fap, fap!!!

docterry6973 September 21, 2012 at 5:40 pm

Hey, don't knock Granholm, my One True Love.

Beowoof September 21, 2012 at 7:43 pm

Hey, she is my Current TV hottie.

Callyson September 21, 2012 at 5:08 pm

But after realizing he was going to get enough flak for not releasing his tax returns from the last 10 years, Romney opted not to deduct nearly $1.8 million worth of charitable contributions last year to artificially lift his tax liability.

/also, too

ph7 September 21, 2012 at 5:13 pm

You know its kills him to do that, too. I mean, other than the fact he's running for President, can you imagine Mitten's giving up a tax deduction? That's almost as bad as bringing a black person to dinner at the country club.

shelwood46 September 21, 2012 at 5:13 pm

Heh, he had Price Waterhouse release a "summary" of his taxes for the last 20 years, which everyone seems to agree is total fiction. Oh, and he has three years to amend his 2011 taxes and pay that lower rate, so he can opt to take those deductions retroactively like he likes to.

bobbert September 22, 2012 at 3:52 am

When he loses, the 1040X won't be far behind.

sullivanst September 24, 2012 at 8:35 am

So, anyone remember back in January when Mitt said that anyone who artificially lifted their tax liability wouldn't be qualified to be President?

Yeah, he was hoping you wouldn't.

Mittens Howell, III September 21, 2012 at 5:09 pm

He could have deducted that charitable donation, but he didn't cos he's a tease.

LibertyLover September 21, 2012 at 5:47 pm

And to prove he's teasing us, he's only released a "summary" of the last nine years.

Callyson September 21, 2012 at 5:09 pm

it’s totally about how big your tax rate is

Those damn feminazis cut his rate by 10%.

kittensdontlie September 22, 2012 at 11:17 am

And Ann cut the rest, for a tax rate Harry Reid says is near zero.

Toomush_Infer September 21, 2012 at 5:10 pm

So, are those carry-over deductions? I mean, when he doesn't have to show his taxes next year, can he go back and take the deduction? 'Cause, otherwise, I'm firing my accountant, no matter what. I like to do that….

Katydid September 22, 2012 at 2:27 am

Yeah, he can file an amended return.

bobbert September 22, 2012 at 3:56 am

What, you like to fire accountants that provide services to you?

And yes, he'll file an amended return and take the deductions he let slide.

Apparently, he thinks he's soliciting the votes of people who have never filed a tax return.

SexySmurf September 21, 2012 at 5:10 pm

Mitt Romney says that if he paid more taxes than were required, he wouldn't be qualified to be president.

It's official: absolutely no one thinks Mitt is qualified to be President.

Lionel[redacted]Esq September 21, 2012 at 5:38 pm

I'm sure Mitt will change his position on this by tomorrow.

reliefsinn September 21, 2012 at 5:57 pm

It's only the poorz and middle class who should not take their legal tax deductions, because, well, socializms?

bikerlaureate September 21, 2012 at 6:32 pm

Yup. But if corporations do it, they're just being sensible and responsible.

Can't wait for this robotic turd to go away…

calliecallie September 22, 2012 at 8:58 am

No, silly they're creating jobs!

nounverb911 September 21, 2012 at 5:10 pm

I bet $10,000 that Rafalca paid more taxes than Mitt did.

glasspusher September 21, 2012 at 8:51 pm

She'll never trot them out.

kittensdontlie September 22, 2012 at 11:23 am

She inflated her rate by not taking a tax deduction for boarding at the Dressage Academy.

ChernobylSoup September 21, 2012 at 5:10 pm

April 15 is a quaint little deadline, isn't it?

littlebigdaddy September 21, 2012 at 6:02 pm

Yeah, I had to file for an extension this year. It is actually a pretty sweet deal. All you do is file the extension by April 15, and then pay a fairly small interest rate per month. Good to know if you are faced with a huge fucking IRS bill. (It also gives you time to get on your accountant's ass on stuff like the deductibility of college expenses–they are no longer only deductible for full-time students, hallelujah). Also if you are sick, travelling out of country, or just too fucking stressed out to get er done in April.

memzilla September 21, 2012 at 5:10 pm

"Artifically inflated" pretty much describes anything the Rethuglicans do.

Try it out for yourself! Simply fill in the blank in the sentence below with any of the words from the list below:

"Today Mitt rMoney said, in a statement reflecting artificially inflated _____ …"

Concern for the 47%
Concern for the 99%
Ethical behavior
Intelligence
Piousness
Honesty
Facts

C_R_Eature September 21, 2012 at 5:24 pm

Right Wing Radio personalities with tiny penises?

SmutBoffin September 21, 2012 at 5:38 pm

Mistresses?

bikerlaureate September 21, 2012 at 6:35 pm

Someone will make a Mitt-libs website and clean up. (Fill in the noun / adjective / etc.)

glasspusher September 21, 2012 at 8:53 pm

Noun verb 9/11 LIBEL!

mrpuma2u September 21, 2012 at 7:21 pm

Accountability

Mittens Howell, III September 21, 2012 at 5:11 pm

1040 forms will now be renamed 'Tickle Me Romneys'

Blunderthing September 21, 2012 at 5:11 pm

I ate homemade chili in my old beater car today. It was 100 percent good. Suck my tailpipe, Mitt.

Mittens Howell, III September 21, 2012 at 5:11 pm

Oh …oh, Meg

*fap-fall*

Boojum September 21, 2012 at 5:12 pm

You realize that this means he is no longer a Real American.

nounverb911 September 21, 2012 at 5:13 pm

Was he ever?

Boojum September 21, 2012 at 5:15 pm

Oh. Yes. Point taken.

RedStatePinko September 21, 2012 at 5:13 pm

Think of all the jobs he could have created if he'd kept more of his money. Some poor family in Singapore is going hungry.

MittBorg September 21, 2012 at 5:36 pm

It's not easy to be poor and hungry in Singapore any more. This is a good thing.

bobbert September 22, 2012 at 3:59 am

It's always been unusual to be hungry in Singapore, as I recall. Poor, yes.

MittBorg September 22, 2012 at 1:23 pm

Up until the 1960s, at least, it wasn't that uncommon to starve. These days, there is a social safety net to ensure that no child goes to school on an empty stomach, and no one is homeless.

RedStatePinko September 23, 2012 at 3:52 pm

Better send Ryan over there to keep that safety net safe.

bikerlaureate September 21, 2012 at 6:38 pm

This should become an attack ad.

If he really believed that trickle-down was going to be finally vindicated – in this, its fourth decade of prominence – he would be proud and defiant about how little he paid in taxes. For the good of the poorz, natch.

AlterNewt September 21, 2012 at 5:14 pm

All of this begs the question:

Why would this aristocrat want to lower himself and be merely the President of the United States? Or as Gore Vidal referred to the job: 'Towel Boy".

mille derps September 21, 2012 at 5:34 pm

His own planet isn't ready yet- the browns are still landscaping, cleaning & polishing.

HistoriCat September 21, 2012 at 5:52 pm

Like many people working today, Mitt thinks the salary for this position is pathetic but the benefits are quite attractive.

AlterNewt September 21, 2012 at 6:17 pm

Well, yes. And the White House would be a nice place to entertain clients.

ChapterUndVerse September 22, 2012 at 8:54 pm

The Lincoln bedroom. Also, the never-promised rose garden.

C_R_Eature September 21, 2012 at 6:50 pm

One speculation goes – true, I swear, I heard it on one of the responsible political analysis shows – is that Mitt never really cared for the Office of the Presidency. He only wants to be The President to fulfill a personal checkbox goal and as a line on his Curriculum vitae that will give him gravitas and let him make some serious money when he retires. Plus, Free Benefits and SS protection for life! He's already got a cadre' of people who bow and open doors for him so he's probably not in it for the pageantry.

This is the theory I'm starting to believe in, with the release of the Boca Tape last week. The fact that it's become evident that he truly believes that one half of the American population are meaningless as insects under his feet and the fact that he hasn't been able to fully articulate the reason he wants to be President in 10 years of trying clinches it for me.

There's also a Conspiracy Theory involving the Mormon Church, White Horses and placing a Bishop into the Presidency for unnamed nefarious reasons but I don't buy into it. I think that Mitt's such a self-driven sociopath it's likely he's used the Church for his own ends – to get wealthy and powerful – much more than the Church has used him.

My own analysis. Feel free to pick at it.

AlterNewt September 21, 2012 at 7:24 pm

It was mostly a facetious question, but of course we know (don't we?) that regardless of their transparent contempt for the masses, these sociopaths most likely BELIEVE that they know what is best, and therefore deserve to rule.

tessiee September 21, 2012 at 9:14 pm

"There's also a Conspiracy Theory involving the Mormon Church, White Horses and placing a Bishop into the Presidency for unnamed nefarious reasons"

yeah, good luck with that if they ever find out how much Mitt really made and figure out how much he screwed them on the whole tithing thing.

Spurning Beer September 21, 2012 at 9:39 pm

I discovered hiding in plain sight in Wikipedia last night the germ of another Mormonic conspiracy theory:

In 1844, Joseph Smith rejected the platforms of the major candidates for President of the United States and decided to conduct his own third-party campaign for the Presidency—an effort which was cut short by his death on June 27 of that year.

bobbert September 22, 2012 at 4:33 am

As I've said before, I'm going with the White Horse Prophecy. It would be very easy for Money Badger to think that now is the time, and that he, obviously, is the Chosen One. This kinda shit gets installed at an early age, and even if you sort of grow out of it, it still resonates.

To be clear, under the White Horse Prophecy, it's Mitt's job to take control of the United States to save it (from whatever), and probably to establish a Mormon theocracy (this isn't completely clear). The odd thing is, it's not really explicit what Mitt is saving America from, nor what he is supposed to do after saving it.

So, kind of like the Ryan budget.

Maman September 21, 2012 at 5:14 pm

What happened to the idea that if Mittens paid more taxes than he was required to then he should be disqualified to run for POTUS? That was Mittens own idea.

SayItWithWookies September 21, 2012 at 5:23 pm

This is why Mitt's campaign released the tax return summaries (not the actual returns, mind you) at all. Someone realized that that statement was the only one Romney hasn't walked back during his campaign, so they figured for consistency's sake to make it happen.

justkillmenow September 21, 2012 at 5:15 pm

Let's go full conspiracy theory. Did he not deduct the charitable contributions so he wouldn't have to show how much he gave and to whom/what?

Sharkey September 21, 2012 at 5:29 pm

Good question! I'm guessing "no" but what the hell do I know.

Lionel[redacted]Esq September 21, 2012 at 5:40 pm

The Multiple Wives Club of Southern Utah is a well regarded Charity. Mitt just doesn't want to call attention to his long term support of this organization.

Lucidamente1 September 21, 2012 at 5:16 pm

Ann Romney is much more pissed off about this:

http://www.huffingtonpost.com/2012/09/20/mitt-rom

PubOption September 21, 2012 at 5:17 pm

Does the 12 percent include the taxes (tithes) he paid to his church?

weejee September 21, 2012 at 5:24 pm

Mittenz is just such a tithie.

MittBorg September 21, 2012 at 5:52 pm

A whiny-assed tithie baby, to be exact.

glasspusher September 21, 2012 at 8:57 pm

Decimate and tithe?

zippy_w_pinhead September 21, 2012 at 5:19 pm

Just how much of a disaster does your campaign have to be to voluntarily release the return? besides, we all know he's just going to amend that filing on Nov 7th and reclaim those deductions, putting his effective rate back to 9%

kittensdontlie September 22, 2012 at 11:41 am

His accountants have no doubt retroactively amended the last ten years to remove all of those zero percents.

edgydrifter September 21, 2012 at 5:19 pm

And we're supposed to believe a guy who overpays his taxes by $250K is good with money? What does he do at McDonalds–throw a wad of random bills at the cashier and say "yeah, take whatever" because they all look the same to him and he can't be bothered with details?

mille derps September 21, 2012 at 5:31 pm

McDonalds?

viennawoods13 September 21, 2012 at 5:54 pm

Probably still using his dad's free card.

tessiee September 21, 2012 at 9:15 pm

More like, throws a handful of change at the guy behind the counter and says, "This is enough for you people".

Not_So_Much September 21, 2012 at 5:19 pm

If he sprays some Bronzer on those returns then I don't think there's anything to see here.

VeraSevera September 21, 2012 at 5:20 pm

So…Wonkette research interns…is the 10% for Angel Moroni in there or not? I tried to figure it out but there are too many zeros.

SmutBoffin September 21, 2012 at 5:35 pm

I wish my tax filings required scientific notation!

BigSkullF*ckingDog September 21, 2012 at 5:22 pm

Ann always fakes it when Mitt is intercoursing her through the hole in the sheet.

emmelemm September 21, 2012 at 6:12 pm

Or interfacing her. Maybe she's a robot too!!!1!!

pinkocommi September 21, 2012 at 5:25 pm

Now that Romney has paid a higher tax rate than he should have, I fully expect him to fire someone. Because the opposite of a job creator is a job destroyer. Plus, he likes firing people so much.

Spurning Beer September 21, 2012 at 9:44 pm

Eh, I think it's a calculated expense. Like a corporation that figures it's worth paying a fine and doing what it wants, rather than observe the law. In fact, wasn't there an anecdote about Mitt doing exactly that?

SmutBoffin September 21, 2012 at 5:25 pm

Mitt's campaign manager: "This disclosure should finally get those pesky journos to stop going on about Mitt's taxes. There's nothing to analyze and discuss here! No sir!"

docterry6973 September 21, 2012 at 5:44 pm

Yes, they must be relieved to put all that tax return nonsense behind them.

Badonkadonkette September 21, 2012 at 5:26 pm

< snark off >I'm sure everyone on the right will just cream over Romney's enormous charitable donations, but isn't it like 300% higher than it was in previous years? And didn't he already have to give 10% of his income to charity (the Mormon Church) every year anyway?

In other words, doesn't it sure as shit look like Mitt Romney could afford to give away half his income every year, but usually only gives exactly what he's required to and not one penny more, except once, in 2011, and not because he's charitable, but because he thinks that it will endear him to "you people"?< /snark off >

Spurning Beer September 21, 2012 at 9:46 pm

I'm betting he postponed taking the deductions in 2010 so he could release that return without looking like a douchebag.

pinkocommi September 21, 2012 at 5:27 pm

I'm sure Romney will file an amended return to take all those charitable deductions once he loses the election. Like, the very next day.

weejee September 21, 2012 at 5:27 pm

Can we take as a given the fact that Mittonez is a poorz and is only worth about a quarter billion, instead of his rightful billionaire status. If Willard were to lose one of his infamous $10K bets each and every day, it would take over 68 years for him to hit zero. Just sayin'.

calliecallie September 22, 2012 at 9:02 am

I'd take that bet…if I could be sure he would lose to me.

Blueb4sinrise September 21, 2012 at 5:28 pm

Is this what it's like to try to pull a tapeworm out of someone's ass?

sudsmckenzie September 21, 2012 at 5:29 pm

When Willard met Uncle Sammy

mille derps September 21, 2012 at 5:30 pm

“I don't think you want someone as the candidate for president who pays more taxes than he owes." –Mitt Romney, Flipflopper

fartknocker September 21, 2012 at 5:32 pm

One word Mitt: A-U-D-I-T

Nostrildamus September 21, 2012 at 5:32 pm

Don't worry about Mitt, guys. He can just refile 2011 next year and claim the missing deductions.

But really, thanks for your concern.

ibwilliamsi September 21, 2012 at 5:33 pm

I wonder how long they had to massage those numbers until they came in above the "I never paid less than 14%" figure.

calliecallie September 22, 2012 at 9:03 am

about as long as people have been asking him to show his tax return…since April 15?

Benny September 21, 2012 at 5:37 pm

Heard it was 9% on TV all day.

LibertyLover September 21, 2012 at 5:37 pm

Oooh. Ick… it's a fuzzy penis tax return…..

johnnyzhivago September 21, 2012 at 5:39 pm

Didn't Romney say anyone who pays more taxes than they owe is an idiot?

YES HE DID!!!!!!!!!!!
http://www.salon.com/2012/09/21/romneys_tax_retur

LibertyLover September 21, 2012 at 5:40 pm

Speaking of faked tax returns, any accounting of the money in the Caymans or in Switzerland? No?

It's even more fake than I thought.

Indiepalin September 21, 2012 at 5:40 pm

Mitt donated $1,115,484 to the Mormon Church, had total itemized deductions of $4,681,842 and, just to show he is a regular guy, was assessed $674,512 in alternative minimum tax (which he has pledged to do away with).

bobbert September 22, 2012 at 4:46 am

Wait. If he donated $1,115,484 to the LDS, then his gross income should be ten times that, or $11,154,840. His net worth is known to be well north of $250M. He's claiming that he made less than 4.4% on $250M?

It is to fucking laugh.

ChapterUndVerse September 22, 2012 at 9:01 pm

Sure. He put it in a modern savings account, except for the money he used to short Treasuries.

Indiepalin September 21, 2012 at 5:42 pm

By the way, the day after the election, what is to stop Romney from filing an amended return (1040X) and recouping all those deductions he convinced the guys at Price Waterhouse to forego?

shelwood46 September 21, 2012 at 6:47 pm

Not one thing.

Lionel[redacted]Esq September 21, 2012 at 5:43 pm

How much did he deduct for research and development for his most recent programming?

LibertyLover September 21, 2012 at 5:43 pm

How many food stamps would that buy?

James Michael Curley September 21, 2012 at 6:09 pm

Last night Rachel Maddow made a comparison to, I think, the difference between what Rpmney paid in taxes in 2010 and what he would have paid if his tax plan is enacted and declared it would buy him food stamps until 4870.

littlebigdaddy September 21, 2012 at 5:47 pm

He released some statement about his effective tax rate over the past decade. Maybe I believe it, maybe not. But the fact that he won't release the returns themselves points not only to financial shenanigans (presumably nothing illegal, cuz I am pretty sure the IRS has had another lookieloo at these), but also to the fact that his tax home in 2010 was California, but he voted in Massachusetts. VOTER FRAUD! Oh, but he's not a blah (except when he goes on Univision) so it can't be that!

Lionel[redacted]Esq September 21, 2012 at 5:48 pm

FACT CHECK: Romney's money in Switzerland and the Caribbean have filed objections with the Red Cross over their brothers in the US being sacrificed for Mitt's political career.

Source: Forbes

Beowoof September 21, 2012 at 7:48 pm

Just for the record, fuck Steve Forbes. Another asshole born to great wealth and thinks he is more entitled than anyone else. Tom Hartman refers to this as the lucky sperm club.

Chichikovovich September 21, 2012 at 9:38 pm

I think that's a bit unfair to the sperm cell. It worked damned hard in a fiercely competitive environment to get where it got. It was just all the post-fertilization stages of Forbes that were lucky slackers.

Douché September 21, 2012 at 5:49 pm

He just gave you a 'Dirty Romney' that's where he wipes his tax return on your curtain, after banging you up the ass. Shhh, he won't tell if you don't.

ffredpalakon September 21, 2012 at 5:55 pm

So, I guess the bombshell is that he didn't pay the ridiculously low return of 0%, but the ridiculously low return of 14%. Wow. Great twist, M. Romney Shyamalan.

Come here a minute September 21, 2012 at 5:56 pm

Mitt's campaign isn't the only thing that's just about crashed and burned — Egg's plane too.
http://news.yahoo.com/ann-romneys-plane-emergency

weejee September 21, 2012 at 6:15 pm

Looks like someone disabled the smoke detector in the john and fired-up a monster bong. Part of the new 'Bong Hits for Rmoney" new direction the Campaign is trying.

Beowoof September 21, 2012 at 7:49 pm

That may have been needed after considering the possibility that Mitt may actually win. Thus, I would think a desperation exception to the smoking in the John rule would be in order.

johnnyzhivago September 21, 2012 at 5:59 pm

The 20 year thing is total BS – it is an average of 20 years returns PERCENTAGES which could include low tax on big incomes and big tax rates on small incomes (like during Clinton era).

What a scam.

mayor_quimby September 21, 2012 at 6:42 pm

Interesting point. He doesn't want to reveal how much total, he actually has earned.

randcoolcatdaddy September 21, 2012 at 6:05 pm

So … where's the jobs you created with the money you saved on that low tax rate, Mitt?

bikerlaureate September 21, 2012 at 6:42 pm

It's the regulatory uncertainty, according to centerfold Brown.
Otherwise these tax savings just couldn't be stopped from creating jobs all over the place!

tessiee September 21, 2012 at 9:22 pm

I dare say he kept a few accountants working night and day cooking the books on those fake-ass tax returns.

TootsStansbury September 21, 2012 at 7:37 pm

Gods, what a cynical. condescending asshole this guy is. It is absolutely mind boggling. Who would vote for someone like this?

glasspusher September 21, 2012 at 9:04 pm

Cynics, condescending types, assholes?

bobbert September 22, 2012 at 4:48 am

Racist motherfuckers?

glasspusher September 22, 2012 at 10:52 am

I'd say…yes!

MosesInvests September 22, 2012 at 10:21 pm

AOT, K.

iburl September 21, 2012 at 7:46 pm

From Maddowblog:
"In January, Romney insisted, "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."

By this standard, Romney has now effectively disqualified himself."

Beowoof September 21, 2012 at 7:46 pm

You do realize that, that simple omission can be corrected anytime over the next three years by simply filing an amended tax return. The IRS will return the over payment with interest. Anyone want to bet that Amended return is on his accountants computer waiting to be filed on November 7?

DemonicRage September 21, 2012 at 7:54 pm

Before he approved Ryan as VP Candidate, he asked Ryan to submit 10 years of tax returns. Yet he gives the American people one solid year of his returns, plus one that can be refiled and amended next year, should he lose the election. See any disparity there?

Chichikovovich September 21, 2012 at 8:00 pm

So Mitt – may I call you Mitt? Ah, OK – Governor Romney, you're a businessman, and it would be good to get a businessman's perspective on this. Say that you are looking at an executive for a crucial job in your organization. And for jobs of this type a certain kind of dossier of information is customarily expected. Every other candidate, dating back several decades, has provided it uncomplainingly. But this candidate refuses to provide you with it. And after you ask repeatedly, and his candidacy starts floundering on other issues, he produces a bunch of letters from an accountant he retained, describing some particular details, and many broad features of what would be in the dossier. If he were to let you see it.

Would you want to hire this candidate?

bobbert September 22, 2012 at 4:49 am

Too logical, Chich. We're way beyond logical.

cheetojeebus September 21, 2012 at 8:45 pm

Are these "legitimate" returns?

glasspusher September 21, 2012 at 9:07 pm

Of course! If they weren't, an accountant's pen will shut down automatically, thus preventing any misfiling.

LibrarianX September 21, 2012 at 8:58 pm

How does a church qualify as a charitable donation? What do they have to do to be disqualified? Does it ever happen? Seems to me that when a "church" wants to play politics, they need to pay taxes. And yes, I'm looking at you, Mormon Church.

tessiee September 21, 2012 at 9:17 pm

So, if I understand correctly…
This is like when even the fake weight I admit to is fat?

owhatever September 21, 2012 at 9:46 pm

Salary and wages: ZERO. All of his millions came from investments, schemes and offshore money-laundering.

I pay a higher percentage of my income in taxes than this multi-millionaire, but remain part of the lazy moocher class. So who is getting subsidized by the gummint, and who is getting screwed?

That's what makes America great.

Negropolis September 21, 2012 at 10:33 pm

This is just getting plain sad. It's like a very bad reality show, like "Here Comes Honey Boo Boo" bad.

fuflans September 21, 2012 at 10:41 pm

this tax crap is so boring.

well, except for the fact that it gets mitt's mormon panties in a wad.

ttommyunger September 21, 2012 at 10:56 pm

This is working out well for Mittens: everyone seems to be hyperventilating over his Taxes, completely overlooking the fact that he is a total dick.

bobbert September 22, 2012 at 3:50 am

I'm posting this comment before reading the thread, and I'm way late anyhow, but 14.1%?

The ridiculously shit-headed** tax rate on "capital gains" is 15%. There isn't a lower tax rate, except for zero on some municipal bonds. The tax law is full of goodies. I'm sure his numbers are accurate. I would ask, since his tax rate was 14.1% during 2011, and since that is far lower than the tax rate of most middle-income taxpayers: how many jobs did he create in 2011?

** I can go on at great length about the stupidity of the "capital gains" rates in the US tax law, but I would be repeating myself.

zappadoo76 September 22, 2012 at 4:20 am

So remember, Mittens, whenever you point the finger at someone, there are three fingers and a thumb pointing back at you.

JohnnyBrooklyn September 22, 2012 at 9:27 am

Two words – adjusted gross.

Now, let me discuss Mitt Romney's taxes . . . .

DahBoner September 23, 2012 at 9:56 am

Rich people are too good to pay taxes, while Middle Class aren't good enough to pay more…

MittBorg September 21, 2012 at 7:03 pm

My solemn promise: if I ever have 11gees to throw away somewhere, you'll get more than just a sniffable stopper, dood.

C_R_Eature September 21, 2012 at 7:08 pm

I am Humbled, friend. However, I'd just as soon have that chunk donated to one of the many charities that don't have bloated managerial overheads that support Republican trophy wives. You know what I mean.
I'm a simple Creature, with simple needs.

MittBorg September 21, 2012 at 7:21 pm

I'll keep that in mind, my friend. You are a delightful Creature, whatever else you might be.

C_R_Eature September 21, 2012 at 7:51 pm

Thank you. Just a humble aquatic organism.

MittBorg September 21, 2012 at 8:39 pm

A cephalopod who has earned a surprising number of hugs for such a squirmy kinda dude.

glasspusher September 21, 2012 at 8:47 pm

One of the perks of being a cephalopod: put on your hat and your shoes, and you're dressed!

C_R_Eature September 21, 2012 at 9:09 pm

Having a Mantle comes in handy, true, but the shoe budget is out of hand.

MittBorg September 21, 2012 at 10:05 pm

It's not easy wearing headgear when you're a cephalopod.

glasspusher September 21, 2012 at 9:49 pm

I'll take your word for it, Imelda.

MittBorg September 21, 2012 at 10:05 pm

In a manner of speaking.

glasspusher September 22, 2012 at 1:10 pm

There's plenty more joke potential to mine from this meme- how about:Much like a squid, the writer sought to escape his vulnerabilities behind an excess of ink…

MittBorg September 22, 2012 at 3:35 pm

Clever!

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