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Romney Tax Returns: Tax Bill of Nearly $2 Million

Joey_D Wrote: Sep 21, 2012 2:49 PM

I still don't think he should've given in to the pressure to release this information, but this was a very informative way of doing it. Rather than just putting the return out there for people to make their own conclusions about, having this letter from his trustee explaining all of it is a smart move. I'm sure he will still get criticism about something. "Why didn't he give it ALL to charity?" they'll say.

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Henry VIII Wrote: Sep 21, 2012 2:59 PM

Yes, but this erases any doubt for those Independents that he didn't pay his fair share, and makes Fairy Reid and Dems look like the moron a-s-ses that they are. More importantly, it shows him to be a wealthy man who chooses to share without Federal theft.

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Mark12344 Wrote: Sep 21, 2012 2:54 PM

You cannot be serious. This is acceptable transparency for you? For the American people?

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DevinDenver Wrote: Sep 21, 2012 2:58 PM

Yes, Mark it is. Can you please tell me how many Americans over the past 50 years have voted for a presidential candidate ONLY after reviewing the candidates' tax returns?

I can - ZERO.

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IvorDrest Wrote: Sep 21, 2012 3:42 PM

But what about a felon?Amnesty was given to Americans who had Swiss Bank accounts. These bank accounts were not reported to the IRS. This was illegal and these American citizens were offered Amnesty instead of being prosecuted for tax fraud in 2009. Mitt Romney is the exact kind of guy that might have been caught up in this sting. We know Mitt had a Swiss account that was closed in 2009. Did he take amnesty? How many accounts did The Romney's have in Switzerland. Were his taxes amended to pay back taxes for taking amnesty?

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Romney Tax Returns: Tax Bill of Nearly $2 Million

Brad Malt, the trustee of GOP presidential candidate Mitt Romney's blind trust, released a statement that the campaign will be releasing the Romneys' 2011 tax returns at 3pm along with a letter from accounting firm PriceWaterhouseCoopers that will provide the Romneys' tax rates over the 20-year period from 1990-2009.

The top-line numbers for 2011: Romney made $13.7 milion on mostly investment income and paid $1.9 million in taxes - an effective tax rate of 14.1%. Over the 20-year period that PWC will release, the Romneys' average effective tax rate was over 20%. Remember, Harry Reid claimed that the Romneys...

Related Tags: Mitt Romney Taxes Tax Returns Romney Tax Return