ROMNEY: “Here’s my taxes. Now, you were saying?”

Only have a few minutes here, so I’m just copying/linking this. But it’s as important a development as we’ll get this week, and needs to be seen.

This just made me smile. Big.

From Guy Benson over at Townhall.com:

It’s official: The Romney campaign possesses a wicked sense of humor and an enviable degree of patience.  After months of caterwauling, breathless innuendo and baseless slander, the Democrats and their media allies are being treated to a Friday feast of piping hot crow.  The Romney campaign has released a detailed report of the the candidate’s 2011 tax returns, as well as an extensive summary of the Romneys’ taxes over the last two decades, prepared by analysts at PricewaterhouseCoopers.  What do these documents contain?  Brad Malt, the Romney family’s trustee, summarizes the 2011 data:
 

– In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.

– The Romneys’ effective tax rate for 2011 was 14.1%.

-The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.

-The Romneys claimed a deduction for $2.25 million of those charitable contributions. 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, and as Kevin noted, Romney forked over nearly $2 million to Uncle Sam last year and donated more than $4 million to charity.  He overpaid his taxes by limiting the charitable deductions he chose to claim, which could have driven his obligations to government even lower.  

This, in short, is just too delicious. I’d never have suspected Romney to have that sort of patience. My respect for him just doubled.

One more section from Benson:

In the last two decades, the Romney’s donated 13.45 percent of their adjusted gross income to charity.  This totally dwarfs the long-term giving of the Obamas and the Bidens, in case anyone in the class warfare camp is keeping score.  But remember, Mitt Romney is callously dismissive and uncaring toward poor people and the ’47 percent.’  Overall, the Romney family paid every cent they owed — and more — forking over nearly 40 percent of their income to either the government or charitable organizations, including their church.  I’ve got to hand it to the Romney campaign: They played a long game here, and did so masterfully.  One of the most obnoxious and relentless arrows in Democrats’ attack quiver has been the tax returns issue.  “See how greedy and secretive Romney is?  Even his own father released 12 years of returns!  He’s probably a tax cheat!” 

That’s all gone now, and the whiners look petty, small, and stupid.  And Mitt Romney looks like the remarkably generous, law-abiding, productive member of society that he is. 

Bravo.

—-

Bravo, indeed.

I know Romney doesn’t gamble, but still: I’d sure hate to play poker against a guy who could pull this off.

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12 responses to “ROMNEY: “Here’s my taxes. Now, you were saying?”

  1. I was just reading that. I’m sure the Obama disinformation team will say that he should have released them sooner but they needed time to doctor the return. Romney’s contribution to charity is 99% more than Obama’s.

  2. Obama, Reid, MSM and all you Democrats, you’ve been PUNKED!

  3. Ya gotta love it when a plan comes together.

  4. Did I call this one or what???

    (CNN) – Sen. Harry Reid said nothing of his earlier claims that Mitt Romney had not paid taxes over a ten-year span in a Friday statement joining Democrats in responding to Romney’s release of tax-related documents on Friday.

    The Nevada Democrat and Senate majority leader called Romney’s accounting “galling” and said the documentation “reveals that Mitt Romney manipulated one of the only two years of tax returns he’s seen fit to show the American people – and then only to ‘conform’ with his public statements.”

  5. Pingback: The Real Mitt Romney – more folks need to see this | Two Heads are Better Than One

  6. I’d like to be able to list ALL of the CONVICTED (and SHOULD have been convicted) tax cheats in the Dem Party, but JTR would cut me off after the first 3 dozen or so. Amazingly, MOST of them are still in office.

    It takes some MAJOR cajones to try and now paint Mitt as some sort of tax “villain”. I guess the next attack will be that Mitt should have been taxed to the extent that he gave to charity, since we ALL know that the Gubmint is MUCH smarter about how to distribute YOUR hard earned dollars.

    It would be amazing if we could just get the adult population of this Country to understand ONE SIMPLE POINT:

    The government doesn’t have a dime that they either:
    1. DON’T take from a wage earning citizen or entity.
    2. DON”T print, which is nothing more than a LOAN against future wage earners and entities.

  7. Pingback: Taxes and Charity: Why the Left has lost Its Mind | Two Heads are Better Than One

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