At first glance, the dollar amount of the Romneys’ charitable giving is “shocking,” Russell James, director of a graduate program in charitable financial planning at Texas Tech University in Lubbock, said in a telephone interview today. “But it’s a different story when you compare it to total wealth. It’s not a shocking amount when you have a quarter- billion dollars in wealth.”
In addition to their church donations, the Romneys had deductions for more than $2 million in donations that are listed as noncash charitable contributions. That includes tens of thousands of shares of stock in Domino’s Pizza Inc, Senasata Technologies, Dunkin Donuts and Warner Chilcott that went to his family’s Tyler Foundation, based in Boston. Romney’s Bain Capital acquired those companies, records show.
dsummoner do you see taxes as a gift to the government? In return we gain services. I do not believe our founding fathers saw that as a reason to tax us.
My children are my legacy.
Would you believe that my brother is a professor of economics? None of it rubbed off
Personally, I think very few people are qualified to be president by their past experiences. It is how they grow into the job that determines history's verdict on them.
You can readily find copies of Michael Hudson's (a rather Liberal economist) book Superimperialism online (for 'free'). It makes for a very interesting read.
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