Mitt Romney release his 2011 tax returns, which has created yet another episode of our hit show You’ve Got To be Fucking Kidding Me:
We’ll be poring over the actual returns soon, but an initial release from the Romney campaign has already told us a couple of amusing things.
First, Mitt and Ann Romney donated a whole heck of a lot of money to charity in 2011 — $4,020,772, to be exact, or about 30 percent of their total income. But they chose only to claim $2.25 million of that total as charitable deductions, because, well, otherwise their overall tax burden would have been a little, shall we say, light.
Without claiming the total legally possible deduction, Romney ended up paying an effective tax rate of 14.1 percent. If he’d claimed everything he had a right to, he would only have paid around 12.1 percent.
There’s something both hilarious and pathetic about a presidential candidate manipulating his deductions so he ends up paying what he considers a more politically appropriate tax rate. But it’s especially ludicrous in light of Romney’s numerous claims that he’s always paid the government exactly what he owes, “and not a dollar more,” implying that anyone who voluntarily gave the government more than he legally owed was either a fool or a moron.
I want to pause a moment so that we can take this in. Mitt Romney donated four million dollars of his own money, almost a third of his earnings, to charity in 2011. Not four million dollars of taxpayer money. Four million of his own. There is no response to that — none — but applause.
(I can’t find the page that itemizes the list. The largest contribution is most likely to the Mormon church. I know some will complain about that but it’s not like the Mormons burn that money on drunken orgies. If the worst thing he’s funding is the missionaries who knocked on my door last month, that’s pretty reasonable. Something that spreads what Romney believes is the word of God and gets young people to travel the world is not a bad thing. I should also add that Romney’s return is almost 400 pages long. Talk about an argument for tax reform. Of amusement: it’s photocopied and as you scroll through it, the copies drift left. Ahem.)
No, Romney didn’t deduct all of his donations, possibly to keep his tax rate up. That’s a bit ham-fisted, I guess. But liberals are constantly saying they want to pay more in taxes. Mitt did to the tune of hundreds of thousands of dollars.
Honestly, Left Wing, just shut up about this. Mitt’s 2011 return is a reason to vote for him, not against him. It shows a man with lots of investments and businesses who is honest with the government and incredibly generous with … let’s repeat this … his own God-damned money.