Romney’s 2011 Tax Returns: We Saw What You Did There

Ken AshfordElection 2012Leave a Comment

Back in August, I wrote about Romney's claim that he never paid less than 13% on his income taxes.

Today, he release in full his 2011 tax return.  Is that claim still true?

Yup.  Romney paid 14.1% this past year and — wait, what's that?

Mitt Romney's trustee said in a campaign press release that Romney artificially inflated his own effective tax rate so it would remain above 13 percent by deferring $1.75 million in charitable deductions. Romney had previously said that none of his last decade of tax returns dipped below that 13 percent threshold.

He intentionally overpaid his income taxes so he could say he always was above the 13% threshold?  What a maroon.

Of course, if he hadn't done that, some say his tax rate would have been 11% 9%!

And then there's this, from a Romney interview in June:

"I don't pay more than are legally due and frankly if I had paid more than are legally due I don't think I'd be qualified to become president," Romney said. "I'd think people would want me to follow the law and pay only what the tax code requires."

Hey — you said it, not me.