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Tue Jan 24, 2012, 03:04 PM

Obama's, Gingrich's, and Romney's Tax Returns side by side

http://money.cnn.com/pf/taxes/storysupplement/candidates-tax-returns/?hpt=hp_t2

20 replies, 2477 views

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Reply Obama's, Gingrich's, and Romney's Tax Returns side by side (Original post)
sinkingfeeling Jan 2012 OP
Enrique Jan 2012 #1
rfranklin Jan 2012 #4
onenote Jan 2012 #8
rfranklin Jan 2012 #11
SmellyFeet Jan 2012 #2
Enrique Jan 2012 #6
hfojvt Jan 2012 #13
gateley Jan 2012 #3
Enrique Jan 2012 #7
sinkingfeeling Jan 2012 #5
ProSense Jan 2012 #9
gateley Jan 2012 #10
hfojvt Jan 2012 #12
redqueen Jan 2012 #16
hfojvt Jan 2012 #17
redqueen Jan 2012 #18
redqueen Jan 2012 #14
qb Jan 2012 #15
Beaverhausen Jan 2012 #19
AtomicKitten Jan 2012 #20

Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:08 PM

1. damn, the only Catholic is pretty stingy with his charity n/t

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Response to Enrique (Reply #1)

Tue Jan 24, 2012, 03:27 PM

4. Romney has to give to his church or get excommunicated...

 

The Catholic church sends kids to sell lottery tickets outside of the supermarket.

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Response to rfranklin (Reply #4)

Tue Jan 24, 2012, 03:33 PM

8. That's interesting. Is that an across the board obligation?

There are a number of members of the Church of Latter Day Saints that I think of as being fairly progressive -- Mo Udall and other members of the Udall family come to mind. Also Harry Reid.

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Response to onenote (Reply #8)

Tue Jan 24, 2012, 03:36 PM

11. there is serious pressure to tithe no matter what your circumstances...

 

Tithing always comes first in Mormonism. Any member who is struggling in any way (job loss, broken down car, depression, etc) will always be counseled to pay tithing in order to receive blessings. All blessings, privileges and callings in the LDS Church are centered around tithing. Without paying a full tithe, a member cannot be a “member in good standing”.

Mormons are required by Commandment of God to pay 10% of all their GROSS income to the LDS church. This includes all income, including, employment, social security, Medicare, food stamps and trust funds and any other form of income, even including finding money on the ground....

Mormons are further threatened that if they do not pay a full tithe, they will be burned with fire when Jesus Christ comes again. Mormons see Tithing as "fire insurance".

http://www.mormoncurtain.com/topic_tithing_section1.html

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:08 PM

2. Graphical representation inside...

 

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Response to SmellyFeet (Reply #2)

Tue Jan 24, 2012, 03:30 PM

6. now add expenditures for jewelry n/t

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Response to SmellyFeet (Reply #2)

Tue Jan 24, 2012, 03:56 PM

13. I would include another graph


" . "

hfojvt
$13,837.11 - total income

$1.8 million doesn't look quite so small by comparison.

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:25 PM

3. What kind of executive is Calista? Is she employed somewhere? nt

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Response to gateley (Reply #3)

Tue Jan 24, 2012, 03:32 PM

7. I have an hunch what her main duty is

cashing checks people give to her.

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:28 PM

5. Don't you just love Newt's $19.8 K in alimony deductions?

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:33 PM

9. Gingrich and Romney

need to release returns dating back to at least 2004.

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Response to ProSense (Reply #9)

Tue Jan 24, 2012, 03:36 PM

10. Yep. Wonder if we can pressure them into it. nt

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:44 PM

12. I wonder what "write off for book expenses" was

Almost $900,000 in expenses? Or was that money that he gave away?

Romney seems to be pretty generous, with $4.5 million between tithes and charity. Of course that did save him about $675,000 (or more) in taxes too.

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Response to hfojvt (Reply #12)

Tue Jan 24, 2012, 03:58 PM

16. There's no M or k after it,

so I'm pretty sure that's just $873.

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Response to redqueen (Reply #16)

Tue Jan 24, 2012, 04:59 PM

17. ack

they just don't make these computers for old guy eyes which are far away from the screen., but in general the 1.6 million in book royalties plus the .4 million in salary does not add up to 1.8 million in total income, so I figured there must be a write off there somewhere.

Also why the heck include $873 in write offs on the chart. The President must have had $2,000 in interest income which would be more relevant (presumably he saves some of his millions and earns interest. I myself had over $200 in income from my own savings.)

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Response to hfojvt (Reply #17)

Tue Jan 24, 2012, 05:04 PM

18. Perhaps the journalist who put the summaries together

thought it looked quaint or something.

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:57 PM

14. Nice! nt

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 03:57 PM

15. Hmmm... the Mormom tithe is only 6.9%!

I wonder if that will encourage any of the 1% to convert!

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 05:07 PM

19. How about Newt's pension from his time as a congressperson?

is that included?

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Response to sinkingfeeling (Original post)

Tue Jan 24, 2012, 05:12 PM

20. Excellent! Thanks for posting this.

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