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Tuesday, January 24, 2012

Romney's Tax Returns, Gingrich's Freddie Mac Contract.... Can We Get Back To Issues Now?

By Susan Duclos

Mitt Romney's tax returns have been released and can be found at his site- HERE.

A firestorm of discussion is being shown over at Memeorandum over the releases of his 2012 returns and how much he made, where his bank accounts are, how much he donated to charity and what rates he paid, but very few actually explaining that the federal tax rate on his investment income isn't just the 14 to 15 percent being spoken about, but actually 40 to 50 percent since that type of revenue is taxed twice.

John Hood over at NRO explains that little tidbit.

Also, before the debate started last night, Newt Gingrich authorized the release of his Freddie Mac contract, I put an embeddable version up after the debate. Too bad Newt didn't know about all the Freddie Mac and Fannie Mae stock that Romney owns before the debate, that tussle might have had some more punches thrown.

Oh well, there is always Thursday's debate.

Yeah, believe it or not, there was a debate last night. After the initial rumble between Gingrich and Romney, the candidates got back to discussing the issues. Oh, and the audience was muzzled, so no applause or ovations were allowed.

Washington Post has the full transcript of the debate. As always, I personally encourage readers to read through it and determine for themselves, and not to let others tell them who won, who lost, who beat around the bush or who answered the questions asked.

I will note, there were moments of levity, especially the friendly back and forth ribbing between Ron Paul and Newt Gingrich.

For those that are interested in a variety of different analysis of the debate, National Journal has a pretty well rounded selection:

In Florida Debate, Romney Morphs from Prey into Hunter- By Ronald Brownstein

Personal Question Trips Romney- By Alex Roarty

Contemplating a President Gingrich- By Michael Hirsh

What Part of Full Disclosure Does Romney Not Understand?- By Ron Fournier

Gingrich Lost His Crowd-Pleasing Groove in Tampa- By Tim Alberta

For Romney, the SC Lesson is Attack, Attack, Attack- By George E. Condon Jr.

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