Posted on 09/21/2012 9:57:50 PM PDT by 2ndDivisionVet
After being criticized for months over a lack of transparency when it came to his taxes, Mitt Romney has revealed his 2011 returns, which show the candidate paid $1.9 million in taxes on $13.7 million in income, an effective rate of 14.1 percent.
That figure falls in line with Romney's estimate in August that he paid "13.6 [percent] or something like that."
But Romney only reached the 14.1 percent mark by limiting deductions taken from his considerable charitable giving. Had the Romneys taken all of the deductions made available by their $4.02 million in 2011 donations, his effective tax rate could have been as low as 10.4 percent.
By not using all the available deductions, he paid an additional $500,000 to the federal government....
(Excerpt) Read more at abcnews.go.com ...
“Got links?”
Yes, but not sure which point or factoid you’re referring to.
Here is the fluff piece I was referring to, and then the contradiction to it.
http://www.ijreview.com/2012/09/15567-15567/
http://www.parkcitymagazine.com/Park-City-Magazine/Winter-Spring-2012/Mountain-Majesty/
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.