If I paid more tax than required I would not be qualified to be president

[nogods]

Romney disclosing his 2011 tax returns at 3pm Eastern; admits not qualified to be president

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.


ThinkProgress notes that had Romney taken all of his charitable deductions, he'd have paid a tax rate of around 9%. And they note that, per Romney's own words, he now isn't qualified to be president.


"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. I’d think people would want me to follow the law and pay only what the tax code requires."

The sad fact is he will get a lot of votes, proving you can fool a lot of the people all of the time.

[sig_man]

Gee, how the libtards always turn things around and do have forgotten how to read. If they limited their deductions, then they paid the proper amount of tax on the income claimed. He paid the taxes he should have on based on what they claimed. No more or no less than required. How about that liar Reid offering an apology since he said he had sources that said Romney paid no taxes (never gonna happen)

[nogods]

Either you are kidding or you are an obama supporter in romney clothing.

He paid more than he was required to by intentionally not claiming deductions to raise his tax rate to his earlier claim of 15%.

And the reason Romney isn't releasing the old tax returns - because he didn't have a tax owed on those returns - he field amendment returns when he got the nomination to "correct" the situation.

Magic underwear and all that.

[K7lvo]

Nogods, you're taking the wrong approach. There is NO POSSIBLE WAY you can make romney look worse than Obama. If you hope to achieve anything, you have to make Obama look better than Romney.

And to do that you'd have to be able to remove the "no" from your name...

[HoJo]

So he wouldn't be a good president because he didn't pay as much tax as he should have and he wouldn't be a good president because he paid more than he had to. Somebody tell me how much he should have paid.

[BluesStringer]

So he wouldn't be a good president because he didn't pay as much tax as he should have and he wouldn't be a good president because he paid more than he had to. Somebody tell me how much he should have paid.

Easy. 150%. ........................

[maybejim]

I guess you missed he gave over 4 million to charity. Or maybe that's your problem, he gave more to charity than he did to the government. You know the government that invests in bankrupt companies and in companies that are sending manufacturing overseas. Of course that "investment" turns out to be a waste of taxpayer money.

[nogods]

I guess you missed he gave over 4 million to charity. Or maybe that's your problem, he gave more to charity than he did to the government. You know the government that invests in bankrupt companies and in companies that are sending manufacturing overseas. Of course that "investment" turns out to be a waste of taxpayer money.

"frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires."

His words, not mine.

How much he gave to charity is irrelevant. HE SAID he was not qualified to be president because of what HE DID.

BTW - that 5% extra he paid to make his earlier statement about never paying less than 15% true is bogus. He has 3 years to apply for a refund.

Oh how easy some are fooled.

[S&W645]

"frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires."

His words, not mine.

How much he gave to charity is irrelevant. HE SAID he was not qualified to be president because of what HE DID.

BTW - that 5% extra he paid to make his earlier statement about never paying less than 15% true is bogus. He has 3 years to apply for a refund.

Oh how easy some are fooled.

So by the same token, 0bama should not have run for reelection as his statement was he would turn the economy around in three years in office, or he'll be a one-term president.

[maybejim]

"frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires."

His words, not mine.

How much he gave to charity is irrelevant. HE SAID he was not qualified to be president because of what HE DID.

BTW - that 5% extra he paid to make his earlier statement about never paying less than 15% true is bogus. He has 3 years to apply for a refund.

Oh how easy some are fooled.

What he did was legally postpone taking some deductions moving them into a later year. That isn't all that unusual. It's widely done when future income is expected to go up. What the real problem is, is the Dem's looking for anything to attack Romney on based on what he does with his money instead of looking at the terrible waste, graft, and payoff's BO has made with taxpayer money. Solyndra comes immediately to mind but there were others.