You can take the word of Romney
Who says, “Everybody knows—
No one wants a president who pays
More taxes than he owes!”
He also said he always paid
Above thirteen percent—
And because he couldn’t break this rule,
The other one got bent.
That’s right, Mitt was caught between two positions once again. It is right and good to take every deduction you are due–who in their right mind would knowingly pay more taxes than you are legally obligated to pay?
Mitt Romney, that’s who. He could have taken millions more in deductions than he did, but chose not to because to do so would have lowered his tax rate below the 13% he claims he has never paid less than. (If that sentence parses.) Either way, his detractors were going to make hay with this–either he pays a legal but politically costly low rate of taxes, or he goes back on his word that he pays every legal dollar and not one dollar more. So of course, he took the option that–wait, he took the option that cost him between $200,000 and $300,000.
See, that’s the difference. If something makes ten dollars difference on my taxes, that’s ten dollars of groceries. Mitt can afford to give up 2 or 3 hundred grand, because he can find that much between the sofa cushions. If memory serves, he deducted more in expenses for the dressage horse than I made in income. Which, hey, is fair–that horse is an olympian, after all.
The other thing is, he’s playing down the deductions that he earned by tithing–noting the things the Mormon Church does with that money, rather than noting that his donations were part of his religion’s obligations. Cos anything that highlights the differences between his faith and the voters’ is a bad thing.
And yes, I’ll admit this is a green-with-envy post. Mitt turned down, in legal deductions, enough that I could pay off my kids’ college loans, add insulation to the attic, and have money left over to donate to charity. And he did it just to keep one of two incompatible promises.