Friday, September 21, 2012

The Full Feed from HuffingtonPost.com: HUFFPOST HILL - Despearte Romney Campaign Asks, 'Hey, Remember Our Politically Damaging Finances?'

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
HUFFPOST HILL - Despearte Romney Campaign Asks, 'Hey, Remember Our Politically Damaging Finances?'
Sep 21st 2012, 21:16

Joe Biden drew the highest TV ratings at the Charlotte convention, probably because he's the Democrat most likely to yell at a chair. The House passed the "Stop the War on Coal Act," which should hopefully put an end to those drone strikes on West Virginia (not that we declare war for those). And until today we thought the W. Mitt Romney Blind Trust was a ska/funk jam band, but Mitt Romney's tax returns fixed that. This is HUFFPOST HILL for Friday, September 21st, 2012:

ROMNEY RELEASES 2011 TAX RETURNS, STATEMENTS OF HEALTH - We'll be focusing on the returns here, but rest assured Romney is up to date on all his RAM upgrades and his processor fan was recently Swiffered for dust. HuffPost: "Ahead of the disclosure, aides indicated that the Republican presidential contender earned" -- um, earned? anyway -- "nearly $13.7 million last year and paid an effective tax rate of 14.1 percent, amounting to more than $1.9 million in taxes. The most unusual aspect of Romney's tax filing for 2011, based on the summary provided by his trustee, is that he and his wife chose not to deduct all of their charitable contributions -- a decision that led to them paying a higher effective tax rate. Romney in August declared that he had paid at least 13 percent in taxes over the past decade. Had he deducted all of his $4 million in charitable donations, his tax rate would have fallen below that figure." [HuffPost] Read More... More on Video

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