Quote:
Originally Posted by Happy Monkey
That is sort of annoying. Not only is tithing tax-deductible, but you can claim that it's charity.
So his tithing helps him manage to get his tax rate below even the capital gains rate, and he then equates them, and touts "the number".
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Yes, the politicians have played the "we will favor THIS kind of person, this week, and favor THAT kind of person, next week". "Wouldn't you like to donate to my reelection campaign?"
Romney's tithing is no different from tithing done by religions around the world: the old Biblical 10%. Taxes calculations are not any different for Romney, than for anyone else. It's our politicians who keep messing with the tax code, who have caused one hell of a problem, and made lots of winners and losers, while doing it.
Both parties have done it, and done it a LOT.
We are still giving subsidies for farmers growing wool, because we thought it might be needed for wool socks and uniforms, back in World War I!

And they wonder WHY I don't want the gov't managing more of my money and governing more of my life.