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cbdo2007

(9,213 posts)

13. "Overpaying" has nothing to do with how much you owe.

Thu Jul 19, 2012, 05:16 PM

Jul 2012

Actually, this would prove he used many, many deductions to lower the amount he needed to pay, which would insure a big refund.

I'm sure he probably did "overpay" cause he has to pay taxes quarterly on self employment income, which at that point was probably a large portion of his income. Then at the end of the year, he used all these fancy tax tricks (that only rich people can use for some reason) to lower the amount he owed to the govt, and then he probably got a big refund.

Same thing with a refund - overpaying really has nothing to do with your tax rate and what you owe.

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What�s in Romney�s Unreleased Tax Returns: He Overpaid His Taxes by Erick Erickson [View all] Swede Jul 2012 OP

That's classic. Skinner Jul 2012 #1

If you can't believe Erick Erickson, who can believe? rurallib Jul 2012 #2

So then he has lied to the American people. Bolo Boffin Jul 2012 #3

I think it comes natural to him. russspeakeasy Jul 2012 #5

That's a good one, and creates a nice headline bongbong Jul 2012 #7

Then if he released his tax returns it would make him look good. chowder66 Jul 2012 #4

If he overpaid why have the offshore accounts SoutherDem Jul 2012 #6

Rmoney is going to get away with it Politicalboi Jul 2012 #8

The ONLY way he gets away with it, is if he is elected. SunsetDreams Jul 2012 #9

problem is, the media has moved away from it and are airing Mittney's attacks 24/7 now. progressivebydesign Jul 2012 #10

my reporting tells me Im married to Morgan Fairchild Enrique Jul 2012 #11

ooooh. rateyes Jul 2012 #15

Oh, I'm sure thats it. Ruby the Liberal Jul 2012 #12

"Overpaying" has nothing to do with how much you owe. cbdo2007 Jul 2012 #13

Oh, yes. That has the flavor of weasel GOP advocates usually exhibit. Bolo Boffin Jul 2012 #14

Wait ProSense Jul 2012 #16

He didn't even take a deduction for the rare dressage unicorn Ann rides aint_no_life_nowhere Jul 2012 #17

hahahahahahaha...NOT librechik Jul 2012 #18