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Thread: Fyi

  1. #1
    Senior Member Uncle Bill's Avatar
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    Default Fyi

    Just for the record, or for info you might need to answer some of the Obama fools that only look for what is in their interest, and worried about getting their ox gored. The SFN and OWS crowds seldom consider any charity...they are to busy keeping their hand out. They only know about "getting what they believe is their FAIR share"...what malarky.

    UB

    Mitt Romney’s Charitable Giving Plus His Tax Burden is 57.9%







    Written By:
    The Whistler
    Oct 18, 2012


    In the debate the other night President Obama said that it was unfair that Mitt’s 15% tax rate is unfair.

    What Obama didn’t say is that one reason why Romney’s tax rate is at that level is that he gives away a LOT to charity.

    Obama’s team has mocked the 14.1 percent tax rate that Romney is in as shirking his responsibility. But Charlottesville, Va.-based Marotta Wealth Management, which pens a widely-followed research blog, found that when Romney’s tax burden and charitable gifts are included, he paid out 57.9 percent of his income.

    “Giving $2.3 million to charity certainly should not be the basis of any criticism,” said David Marotta. “It is money the Romney’s did not keep for themselves, so I am counting it with the money lost to taxes.”
    I think giving away this kind of money is admirable. Why would anyone try to make a political issue about this?
    When the one you love becomes a memory, that memory becomes a treasure.

  2. #2
    Senior Member Sundown49 aka Otey B's Avatar
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    good post Bill !!
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