SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ChinuSFO who wrote (121534)9/22/2012 2:22:44 AM
From: Sr K  Read Replies (1) of 149317
 
Also, from what I saw, the "deductions he could have taken that he didn't," if he weren't running for President, he would have taken. Because so much was made of the 13.9% he paid for 2010, he decided to forego enough of the deductions so the presented draft with the watermark wound up with a higher percentage than 13.9%. If those $4m deductions were taken and they would have offset investment income taxed at 15%, the Romneys' rate for 2011 would have been just under 13.75%.

So they discussed how much (deductions) not to take, $2 million, $3 million, or $4 million. They settled on the $4m. Because 14.1 looks so much higher than 13.7.

Harry Reid will probably check the math.

Romney's advisers have probably reminded him that he said he pays not one more cent than is required.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News