GOP Presidential Candidate, Mitt Romney, is now taking heat for releasing additional tax returns – the American media and Harry Reid and the Obama Campaign’s bluff has been called, the only question was how fast they would spin it to a negative – the answer – seconds.
ABC News suggested that although Romney paid 1.9 Million in taxes in 2011, it was at a tax rate of 14.1%, and shame on him for paying too much! – Seizing on a Romney statement during a GOP primary debate, where he estimated his payment at a lower percentage (sending the same media reeling), apparently, now he’s paying too much, thus the implication – Romney “lied”. They also touch on his charitable giving, the reason his tax rate is higher than it need be – apparently the Romney’s giving is at a higher than average percentage and they claim less than half of what they give to charity. Since Romney does not take all of the available deductions – shame on him!
The Huffington Post is also questioning Romney’s public service, or more to the point, the fact that he abandoned his lucrative Bain Capital gig in order to save the Olympics in Salt Lake, run for Governor of Massachusetts and then for President, which made him a Millionaire – not a Billionaire!!
Of Course the Democrats are up in arms - suggesting that Romney’s releases of income tax returns was purely a political move(Washington Post).
This would suggest that after being harangued by the Democrats, the Obama Campaign for months about releasing tax returns, when he did so – it was political – yet it was not political for Harry Reid, current Senate Majority Leader and nut case, to suggest that Romney did not pay any taxes at all – and the media ran with it as gospel. It was not political for the President to call Romney out for not releasing enough tax returns – only two years, not twelve – and the media jumped on that.
Is it no wonder then that the most recent Gallup Polling - suggests:
Americans' distrust in the media hit a new high this year, with 60% saying they have little or no trust in the mass media to report the news fully, accurately, and fairly. Distrust is up from the past few years, when Americans were already more negative about the media than they had been in years prior to 2004.
Gallup Graph Political News Consumption by Political ID - image Gallup
The trust in media by party is telling: 26% of Republican’s Trust the Media, 31% of Independents feel the news is worthy, and the highest percentage of trust goes to those who identify as Democrats at 58% - In addition, those who watch political news (or pay attention) appears to be in reverse, with Democrats on the low scale at 33%, Independents at 39% and Republicans at 48% (Gallup).
Therefore, across the board, across all news media, two thirds of the nation isn’t buying what they are selling.
According to the Tax Returns Here in PDF via Politico, Romney paid more in taxes as well as gave more to charity than the President because he earned more from investments (well, that explains the taxes, not the charitable donations where by percentage Romney is extraordinarily generous.(President Obama 2011 Tax Returns PDF)which show that the President did, paid less in dollar amounts based on income than the Romney’s in taxes, but had a 5,000,000 deduction (page 4 schedule C – Computation of Generation Skipping Tax Transfer – trust for children), gave a total of 172, 130 in donations, and has an adjusted gross foreign and domestic income of 789,674 (includes the Presidents salary of $364,000 (and change) Investments are, for the most part, in U.S. Treasuries .
Also, Romney’s firm is rumored to be preparing a release of 10 year, and one can bet at this juncture, the media and the Obama Campaign is praying that he doesn’t.
Otherwise, the American People might find out that Romney is successful, Romney is generous, giving more to charity and not deducting all of his charitable giving, as that’s just not done in the true sense of giving, Romney pays his fair share of taxes and then some, Romney could have been much richer, but instead decided to donate his time to the U.S. Olympics and the Commonwealth of Massachusetts (where he took no salary).
There’s more to Romney than meets the eyes, acts of kindness, charity, straight up heroics, but he keeps that to himself, which when one considers the mettle of the man, Romney is much maligned for being, in this world, a saint! He’s maligned for following the founders of this nation and making a success of himself. He’s maligned simply because, the media is to the left, and Romney is truly in the center. Therefore, as more and more American’s tune out, drop subscriptions as the media continues to spin out of control, what does that portend for the millions of individuals who are now employed by the demagogues of leftist ideology that run the aforementioned institutions? The media continues to blame the internet, in the same way the Democrats continue to blame George Bush –by wearing ideological blinders. If the aforementioned and this is all media outlets, would being to print and broadcast actual news (not clips designed to denigrate one political ideology, when millions have an entire tape on line to view), or inflict politically charged language into every conceivable broadcast from sports to entertainment, again, at a slant, it is more than probable that they would recover – unless of course, it’s too late.