Posted on 09/26/2012 3:38:32 PM PDT by 2ndDivisionVet
Mitt Romney has released his 2011 tax returns, demonstrating several things: how the left always overreaches, the bias of some news media and the truth of a book six years back that said its not liberals who best illustrate compassion. Its conservatives. Though they make less money than liberals, they give more to charity, and here is something else: They volunteer more of their time.
We have all kinds of evidence of Romneys fervent volunteer work, and now we have reaffirmation of his charitable giving. He donated $4 million last year, more than 29 percent of his income, which easily beats the $353 former Vice President Al Gore once gave with an income of $197,729, the 0.1 percent Vice President Joe Biden averaged over a decade or the two years Sen. John Kerry (D-Mass.) coughed up absolutely nothing.
These three are among those Democrats whose hearts bleed profusely in public, even as their wallets show restraint in private. To liberals, benevolence is the government coercing others to fork over taxes for programs often badly in need of reform. People who believe least in redistributionist enthusiasms or the relative effectiveness of much thats called welfare give 30 percent more on average than the left to good causes, according to Who Really Cares: The Surprising Truth About Compassionate Conservatism, a 2006 book by Arthur C Brooks, who was then a professor.
You might think that news outlets, in reporting on the Romney tax returns, would emphasize the charitable giving. You might suppose they would treat it as less than a failing that Romney did not take a deduction for his donations. You might think liberal commentators would have given up their birther-style, paranoid suspicions after Romney also released a PricewaterhouseCoopers report showing he has been paying taxes over the years, despite infamies to the contrary.
Instead, most of what I read emphasized the low 14 percent federal tax rate he paid and cast his refusal to take deductions in a negative light, making it seem a devious way of making his tax rate higher and therefore more palatable to the public.
Lets note in response that much of Romneys income is from capital gains that are taxed at low rates to spur investments and generate economic growth, benefitting everyone. Capital gains are also a means of taxing corporate income twice, which means people like Romney are actually paying far more than their tax forms indicate. And by the way, more than half of Americans not just the rich have stock investments in search of those gains.
Romney did not set the capital gains rate, and to hold him responsible for it is as ridiculous as it would be to suppose liberal commentators would have been more understanding if Romney had taken the charitable tax deductions.
If they had any balance in their thought processes, they would have noted that his charitable giving combines with his taxes to add up to 43 percent taken out of his total income. While it is true that he once said no one should pay more than is legally owed in taxes, his doing so is hardly an unforgivable lapse. Compare his refusal to take all possible deductions to Bill Clintons claiming deductions for giving used underwear to charity when governor of Arkansas.
Now tell me which is most admirable.
If Romney did release still more tax returns, you would then get still more unjustifiable screeches better aimed at liberal politicians working feverishly to spend your money much more generously than their own.
Of course silence is the reaction when it is something that makes Romney look good. The dog on the car roof story went away also when it came out that Obama ate dog meat. Can’t use that “flaw” on Romney is zero’s behavior is worse.
So the whole tax return problem quietly goes away. No reconciliation. Just forgotten.
I’m actually optimistic that the non political class sees through the flagrancy.
Isn’t being gay and having sex the most important thing in the world for liberals, regardless of the destruction of the country?
Only seems fair, as I largely ignore the media anyway.
Great line my friend.
The local MSM is definitely angry if Obama or Romney do not place political ads. on their stations. The revenues are badly needed to hire more liberal journalists to promote the Democratic Party.
They much prefer an aware Tim Geithner that tries to cheat on his taxes and then pretends that he somehow made a mistake on his computerized tax return once he is caught.
There is a certain pride among thieves when they can beat the system. And the icing on the cake is knowing that the saps will pay their full amount. And then the sweetest part is knowing that they in government will then direct where the saps money will be spent. Or stolen.
I've been making memes with it...
NOT part of the nwo-msm template.
As Mr. Burns would say, “Eeexselent.”
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