Tue Jan 24, 2012, 04:04 PM
sinkingfeeling (33,150 posts)
Obama's, Gingrich's, and Romney's Tax Returns side by side
20 replies, 3191 views
Obama's, Gingrich's, and Romney's Tax Returns side by side (Original post)
Response to rfranklin (Reply #4)
Tue Jan 24, 2012, 04:33 PM
onenote (28,175 posts)
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.
Response to onenote (Reply #8)
Tue Jan 24, 2012, 04:36 PM
rfranklin (13,200 posts)
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".
Response to sinkingfeeling (Original post)
Tue Jan 24, 2012, 04:44 PM
hfojvt (37,356 posts)
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.
Response to redqueen (Reply #16)
Tue Jan 24, 2012, 05:59 PM
hfojvt (37,356 posts)
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.)