klunderbunker
Welcome to My (And Not Sly's) House
http://www.dailykos.com/story/2012/...ims-to-have-intentionally-overpaid-2011-taxes
Back in July, regarding his taxes, Romney said:
Today Romney released his 2011 tax returns and the following was said by Romney's attorney:
In short, Romney donated $4 million to charity last year. He was legally allowed to claim that amount as a charitable contribution, but only claimed $2.25 million as charity. Translation: Romney, by his own definition, isn't qualified to be President.
Back in July, regarding his taxes, Romney said:
"Frankly, if I had paid more than are legally due, I don't think I'd be qualified to become president," he said. "I'd think people would want me to follow the law and pay only what the tax code requires."
Today Romney released his 2011 tax returns and the following was said by Romney's attorney:
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.
In short, Romney donated $4 million to charity last year. He was legally allowed to claim that amount as a charitable contribution, but only claimed $2.25 million as charity. Translation: Romney, by his own definition, isn't qualified to be President.