Honestly not even sure what you're arguing. You just said the exact same thing that I said in my first post.
Being an accountant has nothing to do with this. I don't even work in tax, you prick asshole.
The double taxation of corporations should be common knowledge. A dividend is a distribution of income that has already been taxed at the corporate level, which is 35%. Most of Romney's income is generated from these corporate distributions because he owns a fucking investment firm. Since this income was already taxed at the corporate level, and so as to not punish investors, the personal tax rate for dividend income is 15%. If you factor in exemptions and deductions, his personal income tax rate would be slightly less than 15%. He pays such a low personal rate because the income was already taxed at 35%.
I don't know what his reasoning was for not claiming his entire charitable donation deduction, but if you're going to give the guy shit because after giving 30% of his income to charity he didn't take the full 10% deduction on his taxes, then you're an asshole.
I'm sick of repeating myself, so this will be the last I comment on this issue. If you want to think differently about this, that's fine. You can go ahead and be wrong then.
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