Taxes

Now we’re getting this, via Yahoo!News:

[Republican Presidential Candidate Mitt] Romney and his wife, Ann, donated roughly $4 million to charities last year, but they only claimed a deduction of $2.25 million on their tax return, filed with the Internal Revenue Service on Friday.

Democrats quickly leaped on the documents, saying Romney had claimed fewer deductions than he was entitled to just to keep his rate at such a level.

Let me see if I understand this.  The Party of Tax the Evil Rich now is whining that one of those Evil Rich paid too much tax.

Hmm….

Leave it to Stephanie Cutter, the Obama advisor of questionable integrity, to put this spin on it:

[P]eople like Mitt Romney pay a lower tax rate than many middle-class families because of a set of complex loopholes and tax shelters only available to those at the top.

But reform our tax code so as to eliminate some or all of those loopholes?  Nope.  Can’t have that—that’s a Republican idea, so it can’t be any good.

Leave a Reply

Your email address will not be published. Required fields are marked *