President Obama is asking the rich to pay just a little bit more in taxes - Romney apparently agrees
I mean, all of the wailing from the republicans and Romney's campaign about eliminating the Bush tax cuts for the wealthy and the negative effect that would have on the the 1% to 4% who might fall in that income bracket
. . . and HERE COMES ROMNEY, voluntarily paying MORE in taxes than he was required. Here's Romney foregoing tax breaks that he's ENTITLED to under our current tax laws, just to keep his rate low enough to save face with American voters. Of course, it's just a facade. It's not as if anyone actually believes Romney hasn't taken advantage of every loophole he was able to avoid paying that higher rate in the tax years that he's withholding info on; no matter what he's claiming.
Still, Romney's rigging of this one tax return to effectively pay a higher rate than necessary is either a political ploy by the tax-bashing republican, or, it's an action which he should embrace and encourage for his wealthy followers and benefactors.
Coincidentally, here's President Obama, in the opposition offering a proposal which is right in tune with Romney's self-initiative. Of course, the 14% that Romney had his accountants manipulate out of his return isn't anywhere close to the rate that President Obama believes wealthy taxpayers like Romney should pay; but, it's a start in the right direction.
What I'd like to see Romney challenged on now is for him to take the notion that he embraced with this one return of his, that the higher rates he voluntarily chose to pay -- out of concern for opinion of the vast majority of Americans who regularly pay much higher rates and don't have access to the offsets he shuffled around like vegetables on a plate of prime rib -- blows a gigantic hole in the republican argument that taxes for his wealthy ilk are too high.
Now that Romney agrees that the tax breaks he was entitled to under the law and the taxes he would have paid if he had taken all of his deductions were to low to stand the light of day, we should challenge the republican party to call for their elimination.
Romney has already said that he believes he would be 'disqualified' for the presidency if he didn't take advantage of all of the tax relief offered him under the law. He can, at least, bring a little credibility to that argument by calling for their immediate repeal and encourage his wealthy followers to 'be like Mitt' (in his cynical, transparent, craven ploy) and pay a fairer share when their own tax time rolls around.
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