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Mit Romney 1040 tax return 2011

by Present Yourself on Sep 21, 2012

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Mit Romney's 2011 1040 return, released September 21, 2012.

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kdouat @Cabesmojo I guess you also want to ignore all his deplorable money-making investments that he profited from that are allegedly antithetical to his beliefs. Do you consider his profiteering and close ties with Ken Kay director of WWASP acceptable despite widespread knowledge of systemic abuse and neglect at the Bain-owned treatment centers? 7 months ago

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Dan Peterson, Shareholder at Peterson & Co., P.C. I would hardly call someone who pays $3+ million in income taxes shirking their responsibility. I am a CPA and an expert in taxation. How many people do you know that paid over $3 million in individual income tax?...I think that puts it into a better perspective than talking percentages. And by the way...I get a 21% effective rate, which includes the payroll tax (or self-employment tax the Romney's are paying, which is twice the payroll tax rate withheld from employees) the individual tax, the capital gains tax and the alternate minimum tax. Here is a quote from Lerned Hand, a famous Federal Judge, on the subject of Income Tax: Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands. 7 months ago

sofiaxis @Loise, you make $27h...good for you! I make up to $85h working from home. My story is that I quit working at shoprite to work online and with a little effort I easily bring in around $45h to $85h…heres a good example of what i'm doing, Red97 DOtcom 7 months ago

Caleb Parker, Controls Engineer at Automated Temperature Controls Lets just completely ignore that he donated several million to charity, and what is with the idea that there was no work done to earn capital gains and investment income? Not like you magically create the money to invest in a business, a business that employs people.....I make some money this way, no wear near Romney's scale but one day I would like to reach it. With each successful investment I make a step closer. 7 months ago

Mary Blaisdell The 14% tax rate paid by Romney is not only less than the 15% in payroll taxes paid by the working poor, it is much less burdensome. A hardworking person making $30,000, paid $4,500 in payroll taxes. That hurts much more than Romney's paying $1,950,000 on his investment income (which he did not have do any work to earn) of $13,700,000. He can at least afford to pay for more than decent housing, more than adequate food, more than any necessary medical care, more than excellent educations for his family, and more than enough luxuries despite his tax burden ---- which is not the case for the guy making a subsistence living but who pays a higher tax rate than Mitt. Mitt, go back to one of your many stupendous vacation homes, perfect your tan and golf game, be fawned over by your adoring family, meet with your accountant to squeeze every last tax dollar out of the American treasury, tend your off-shore tax-sheltered accounts, but butt out of further screwing the struggling middle and lower classes --- just for the greedy gain of you and your class. You are not one of us, Mitt, so just go away. 7 months ago