CNN’s GUT CHECK for September 21, 2012
CNN's GUT CHECK | for September 21, 2012 | 5 p.m.
– n. a pause to assess the state, progress or condition of the political news cycle
BREAKING: ROMNEY RELEASES 2011 TAXES, PAID A RATE OF 14.1% … Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1%, his campaign said Friday. Romney and his wife, Ann, gave just over $4 million to charity. His effective tax rate was up slightly from the 13.9% rate he paid in 2010. The majority of the candidate's income came from his investments, Brad Malt, a lawyer who presides over Romney's blind trust, said in a blog post. In addition, the Romney campaign said Romney's tax filings from 1990 to 2009 show that the couple paid 100% of the federal and state income taxes they owed and that their overall average annual effective federal tax rate was 20.2%. Annually they never paid an effective rate below 13.66%. – Jeanne Sahadi
CNN’s GUT CHECK for September 21, 2012
CNN's GUT CHECK | for September 21, 2012 | 5 p.m.
– n. a pause to assess the state, progress or condition of the political news cycle
BREAKING: ROMNEY RELEASES 2011 TAXES, PAID A RATE OF 14.1% … Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1%, his campaign said Friday. Romney and his wife, Ann, gave just over $4 million to charity. His effective tax rate was up slightly from the 13.9% rate he paid in 2010. The majority of the candidate's income came from his investments, Brad Malt, a lawyer who presides over Romney's blind trust, said in a blog post. In addition, the Romney campaign said Romney's tax filings from 1990 to 2009 show that the couple paid 100% of the federal and state income taxes they owed and that their overall average annual effective federal tax rate was 20.2%. Annually they never paid an effective rate below 13.66%. – Jeanne Sahadi
In voting, the early bird skips the line
Washington (CNN) - Come the first Tuesday in November, when millions are streaming into polling stations across the country, as much as 40% of Americans will have already voted.
In 2004, 22% of Americans voted early and that rate rose to 34% in 2008, according to Paul Gronke, Professor of Political Science who founded and runs the Early Voting Information Center at Reed College in Oregon.
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Romney, Ryan in fighting shape
(CNN) – Letters evaluating the physical health of Mitt Romney and Paul Ryan were released by their physicians Friday, both indicating that the GOP's presidential and vice presidential nominees are in top condition for their respective ages.
Romney's letter, issued by Randall Gaz of Massachusetts General Hospital and Harvard Medical School, noted the candidate last underwent a physical exam on August 9, which showed the candidate a "healthy appearing, energetic, strong, physically fit male."
FULL POST
Romney tax return: Why release now?
(CNN) - At first glance, Mitt Romney's decision to release his tax return on a Friday afternoon seemed to be a way to bury a story that has dogged the Republican presidential candidate for much of this year.
But was this a case of the "Friday news dump" that's become commonplace in the nation's capital?
Maybe, but maybe not.
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Romney pays extra taxes to keep his word, and break it too
(CNN) – Mitt and Ann Romney took steps to pay more in taxes than he had to last year, despite the Republican nominee's previous statements suggesting he abhors the idea of paying more taxes than required.
According to an announcement by the campaign Friday, the Romneys could have had a lower tax rate than 14.1% in 2011 if they had claimed more of their charitable deductions–an amount that equaled 30% of their income. Romney made $13.7 million mostly off of investment income last year.
FULL POST
Akin deflects question on 'rape' comment in debate
(CNN) – Rep. Todd Akin couldn't escape questions about his now-infamous comments on "legitimate rape" from August during a U.S. Senate debate Friday, deflecting the inquiry as tangential to the real issues his race against incumbent Democratic Sen. Claire McCaskill should be about.
"I've answered this question repeatedly," Akin said. "I don't believe this election overall is about talk."
FULL POST
Romney paid 14% effective tax rate in 2011
New York (CNNMoney) - Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1%, his campaign said Friday.
His effective tax rate was up slightly from the 13.9% rate he paid in 2010.
FULL STORY
Romney paid taxes for each of past 20 years, says campaign
(CNN) - GOP presidential nominee Mitt Romney paid taxes every year between 1990 and 2009, a notarized letter from his accountant will say, according to Romney's campaign.
Romney's full 2011 return, along with the letter from PricewaterhouseCoopers, LLP, will be posted later Friday on Romney's campaign website.
Obama flips the argument, says Romney aspires for 'inside job'
(CNN) - President Barack Obama hit back against Mitt Romney's latest attack on Friday while defending his earlier argument that Washington cannot be changed from the "inside."
On Thursday, the GOP presidential nominee pounced on Obama's initial comments from a presidential forum on the Spanish-language network Univision.
FULL POST
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