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Old September 22nd, 2012, 04:46 AM
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Mr. X
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Join Date: Oct 2006
Location: London
Age: 21
Gender: Male
Nature: Quiet
New, potentional, ****storm for Romney.

http://www.washingtonpost.com/politi...738_story.html
http://www.washingtonpost.com/busine...?tid=obnetwork

Turns out, Romney decided to not file for all his deductions, just so his tax rate wouldn't fall under his earlier stated 13%. Had he taken all his deductions, he'd have had a ~10% tax rate.

Quote:
“limited their deductions of charitable contributions to conform to the governor’s statement in August, based on the January estimate of income, that he paid at least 13 percent in income taxes in each of the last 10 years.”
This is made even worse because of some of his earlier comments, back in January, about him paying all his required taxes and not a dollar more.

Quote:
At a Republican presidential primary debate in January, on the same night he released his 2010 tax returns, Romney scoffed at the notion that he would pay more taxes than is legally required.

“I pay all the taxes that are legally required and not a dollar more,” he said. “I don’t think you want someone as the candidate for president who pays more taxes than he owes.”
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