You know, it's been a couple of days. And I think it's time that we all talk about Mitt Romney's tax returns. You remember the tax returns, don't you? They're the ones that Democrats were salivating over for MONTHS, ad nauseum. They're the ones that Harry McSenile said didn't exist, because in his lunatic mind - Mitt Romney didn't PAY taxes at all. For ten flippin' years, no less. You remember those tax returns, don't you Democrats?
One would THINK that they'd remember them, anyway. But in the days since Romney produced said tax returns, I swear, I have been able to hear a PIN DROP about those stupid tax returns from all my liberal buddies out in Internet-land.
It's weird how that works.
So, I'm proposing that we all take a good look at EEEEEEEEVIL and RICH Romney's tax returns, shall we? Because I know how much Democrats have been wanting to talk about them. Again and again and again.
So here we go.
- In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.
- The Romneys’ effective tax rate for 2011 was 14.1%.
-The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.
-The Romneys claimed a deduction for $2.25 million of those charitable contributions. The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor's statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years.
On top of all of that, Romney "overpaid his taxes by limiting the charitable deductions he chose to claim, which could have driven his obligations to government even lower."
And in the source article cited above, we're now also given a beautiful little snapshot of the past 20 years of Romney's finances:
- In each year during the entire 20-year period, the Romneys owed both state and federal income taxes.
-Over the entire 20-year period, the average annual effective federal tax rate was 20.20%.
-Over the entire 20-year period, the lowest annual effective federal personal tax rate was 13.66%.
-Over the entire 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income.
-Over the entire 20-year period, the total federal and state taxes owed plus the total charitable donations deducted represented 38.49% of total AGI.
-During the 20-year period covered by the PWC letter, Gov. and Mrs. Romney paid 100 percent of the taxes that they owed.
So let's summarize, shall we?
1. Harry Reid is a lying moron.
2. Liberals who jumped on the "Romney didn't pay taxes!" bandwagon are also sheep-like, lobotomized morons.
3. The Romneys average tax rate over the 20-year period was around 20%, which is double the American average.
4. The Romneys gave almost 40% of their income to taxes and/or charitable contributions (how GREEEEEDY of them!)
5. The Romneys gave 13.45% of their income to charity. WAY more than Dear Leader and McMensa, FYI. (But I thought Democrats were the compaaaaaaaaaaasionate ones!!!??? Whaaaaa?)
6. Harry Reid is still a lying moron - oh yeah, and he still hasn't released HIS TAX RETURNS. Neither has Debbie Wasserman Schultz, and she was one of the first on the McSenile Bandwagon. Go figure.
And I know I'm not the first to say it, and I won't be the last, either, but it's just so incredibly gratifying to write here....
TOLD YOU SO, jackwagons.
Now run along and see if you can find that "friend" of Harry Reid's, will ya?
Yeah. Good luck with that.