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alp227

(33,314 posts)
Sat Aug 18, 2012, 03:50 PM Aug 2012

Are taxes and charity equitable? [View all]

Are taxes a form of charitable donation?

Republican presidential challenger Mitt Romney seemed to suggest he may think so last week, when he responded to questions about how much he pays in taxes by suggesting people should examine his total contributions to the government and charities.

The comment was a quick one —a by-golly insistence that despite paying a relatively low tax rate on his vast wealth, the millions he’s given in charity show he’s not a greedy guy.

...

“I’m proud of the taxes I pay. My taxes, plus my charitable contributions, this year, 2011, will be about 40 percent,” he said during a debate between the Republican presidential candidates in Florida in January.

Full: http://www.washingtonpost.com/politics/romneys-equating-of-taxes-and-charitable-giving-sparks-debate/2012/08/18/63bea3e6-e891-11e1-936a-b801f1abab19_singlePage.html

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