Mitt admits he is unqualified for president

[DEATH ROW JOE]

In July 2012, Mitt said anyone who pays more taxes than they owe is unqualified to be president. In August 2012, Mitt said he never paid a lower effective tax rate than 13%. Yesterday, he released his tax returns and he avoided paying a lower effective rate than 13% by taking a smaller charitable deduction than he was allowed. He was allowed 4 million, he took 2.25. With a 4 million charitable deduction, his effective tax rate is 10.5%. With a 2.25 million, his effective tax rate is 14.1%

July 29: He does not know his effective tax rate but he would be unqualified for president if he paid more than legally required.

Aug 17: He checked and he's never paid less than 13%

Sept 21: He paid more than required to avoid paying less than 13%

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July 29th, 2012
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Transcript: ABC News' David Muir Interviews Mitt Romney
http://abcnews.go.com/Politics/transcri ... F2Kma6W2mR

Muir: Can we clear this up by asking a simple yes or no question? Was there ever any year when you paid lower than 13.9%?

Romney: I haven't calculated that. I'm happy to go back and look but my view is I've paid all the taxes required by law. From time to time I've been audited as happens I think to other citizens as well and the accounting firm which prepares y taxes has done a very thorough and complete job pay taxes as legally due. I don't pay more than are legally due and frankly if I had paid more than are legally due I don't think I'd be qualified to become president. I'd think people would want me to follow the law and pay only what the tax code requires.

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August 17, 2012 10:29 AM
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Romney: I never paid less than 13 percent in taxes
http://www.cbsnews.com/8301-503544_162- ... in-taxes-/

"I did go back and look at my taxes, and over the past 10 years I never paid less than 13 percent," Romney told reporters at the Greenville-Spartanburg International airport in South Carolina. "I think the most recent year is 13.6 or something like that. So I paid taxes every single year."

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Sat Sep 22, 2012 5:14am IST
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Romney skipped full write-off for charitable giving in 2011
http://in.reuters.com/article/2012/09/2 ... DG20120921
"Kautter estimated that if Romney had taken the full charitable tax break, his effective tax rate would have been about 10.5 percent. The return showed Romney paid an effective rate of 14.1 percent last year."