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Thread: What Are You Thankful For This Thanksgiving ?

  1. #121
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    Nov 2012
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    Quote Originally Posted by songfourone View Post
    Show me the link that Romney gave more than the IRS allowed and that charities donations are capped.

    What in fact occurred with Romney was he donated more than what he claimed, and he did that only to keep his tax rate above 13%, (anything lower than 14% I believe would have been catastrophic to his run for office) I said before the election I would love to know if he amends his last taxes since he lost.
    That would speak volumes about Romney.
    Romney's income was from Capital Gains investment. Charity contributions from these sources have limitations.

    5. Is There a Limit on How Much I Can Donate and Still Get A Tax Deduction?
    There are no limits on charitable contributions for most taxpayers. Most of us will be able to deduct cash contributions in full up to 50% of our adjusted gross income. There are other limitations that come into play should you make significant contributions of property or appreciated capital gains. If you fall into these categories, be sure to consult with your tax adviser to see if your deductions will be limited.

  2. #122
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    Nov 2003
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    Where the Beach "Is a way of Life"
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    Quote Originally Posted by songfourone View Post
    Not enough people voted for him.
    Byngo!

  3. #123
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    Feb 2009
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    Virginia
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    I am thankful Obama beat Romney like a rented mule 18 days ago and that Romney wont be repealing the affordable care act and he won't be overturning Roe vs Wade and he won't be redefining RAPE.

  4. #124
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    And Obama will be able to get on with his more transparent government.

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