Would you pay more?

Tax

Tax (Photo credit: 401(K) 2012)

What is the fixation on Romney’s Taxes? After all the demands to release Mitt Romney’s tax returns, the Romney campaign finally did. And……..?

I guess the Obama camp thought that this would prove once and for all that Romney made a lot of money? But we all already knew that. So why the fuss?

Perhaps the democrats thought this would be an excellent opportunity to show how greedy a business person like Mitt Romney was? Lo and behold, it turns out that in addition to the taxes Mitt Romney paid, he donated an additional almost $4 million to charities, more than 19% of his 2011 income. Hard to label that as greedy. The best one could do is complain that the money didn’t go to the charities where you wanted the money to go, but I don’t see any takers emerging on that front. Not even Harry Reid.

Perhaps they thought they would find that he didn’t pay all the taxes he owed? I can’t imagine someone running for president would be so ill prepared as to leave themselves exposed like that. Although, I guess we have had presidential candidates withdraw for plagiarism and all sorts of scandalous activity. But no, it appears that all the taxes are in order and there is some general confusion regarding how to use this information by the Obama campaign. Charges that he doesn’t pay enough taxes were quick to emerge. Hmm. What is “enough” exactly? And who decides? I thought that was decided by the tax codes? So Mitt Romney paid over $3 million in taxes in 2011…all the taxes he is legally obliged to…and someone thinks he should pay more? So is the argument we are hearing that he paid his taxes and in addition donated 19% of his income to charity , but he should have paid more tax?

So let me ask, how many of you are paying more? Who has signed up and said, “well, I owe 25%, but I think I will pay an extra 5% this year? If you use an accountant, have you told him or her lately, “don’t worry about all those deductions, I would like to pay a little more this year?” I am pretty certain you haven’t.

So if we add this latest bit of information to the supposed reasons Mitt Romney should not be President, the list is kind of shaping up like this:

1. He was successful in the business world
2. He was successful in the political world, and operated in a non-partisan way
3. He was successful in making the Salt Lake City Olympics come together
4. He is a very generous man
5. He abides by the law and pays his taxes

I don’t know about you, but that list sounds a lot like 5 really positive attributes I would like to see in a President!

How about you? I would like to hear your thoughts, and in your comment, be sure you open up with whether or not you have volunteered to pay extra taxes! Just click on “Leave a comment” below this post. And don’t forget, text highlighted in green is a link to additional information – click them and see!