how did your taxes compare to Romneys?

[Fresh_Start]

supposedly Romney paid 13.9% tax rate and 10% tithe = 23.9% is his contribution to our society

at less than 1% of his income, I paid a total of 34.6% between taxes and charitable contributions
I guess you'll just have to agree that I love America more than Romney because I'm willing to put a lot more of my money where my mouth is.

How about you?

[whathehell]

1. My household pays a 38% tax rate and though we haven't calculated it in percentage points,

We give freely to charities of all kinds

Mitt's religious proclivities are his busines, of course, but I

have to wonder if he gives to any "charities" beyond them,

[Scuba]

2. First of all, he gets no credit for tithing....

... giving money to your church, symphony or self-aggrandizement museum doesn't equal paying taxes.

[Fresh_Start]

6. i was using Romney's yardstick since they said but he tithes 10%

but to make it a fair comparison I also included our charitable contributions

[unblock]

3. his contribution to his church is not a contribution to OUR society.

he paid 13.9% on his income AFTER all exemptions and deductions and unrealized capital gains and foreign accounts and retirement gains were removed. nevermind any fancier dodges involving trusts and such.

he doesn't help reduce the national debt by giving to his church.

moreover, the kind of money he gives to his church isn't the kind of gift that just gets and nod or a nice thank you card. it's the kind of contribution that gets him power and respect and influence within the church. i'm sure he BOUGHT something with that money, one way or another.

besides, it appears his more typical tax rate is 0%....

[Fresh_Start]

8. I expect him to come with with some type of tax paid albeit much lower than the rate I pay

and we don't know if its 0% .Thats a rumor, not a fact yet.

I hadn't previously calculated our all in tax burden so I wanted to make that attempt

[Bluenorthwest]

11. His tithe is not part of his tax payments in any way shape or form.

That is a point that needs to be addressed.

[onehandle]

4. My past taxes built his company and made him rich.

Anyone who says otherwise needs to stop using my infrastructure, government services, and Federal Reserve.

Not to mention my military.

[whathehell]

12. Thank you...Excellent point.

Although, more properly, it would be "our" past taxes, right?

[slackmaster]

5. My income taxes were about 17% last year

I also paid about $2K in property tax, plus 8.5% in sales tax on everything I bought locally that wasn't food. Also fuel taxes.

[Fresh_Start]

7. I didn't even think of fuel taxes, TY

but I included state and property taxes and a low estimate of sales tax

[Marrah_G]

9. Sorry his "tithing" does not equal a tax.

So just leave that number at 13.9.

[Bluenorthwest]

10. He paid 13.9 if that's the figure, not '+ tithe' as that is his business, not a tax, does not go to

our society at all. I find the mere suggestion of such a concept to be obscene.

[1-Old-Man]

13. Throughout my working life my taxes typically ran between 16% and 17%

Once I got to the bottom line that's about what my Federal taxes worked out to, around sixteen and a half or seventeen. Most years we were Standard Deduction type of folks, once every few years we might have had enough deductions to do it the hard way.

[pnwmom]

14. His tithe shouldn't count. The LDS church gives only .7% to charity.

The rest goes into its shopping malls, ranches, whatever.

That .7% figure stuck in my mind. The article where I read it (sorry, no link) compared it to United Methodist Church, which gave between 20 and 30%.

[Fresh_Start]

15. great information nt

nt

[ecstatic]

16. wow! nt