Paul Ryan releases two years of tax returns

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(CBS News) ARLINGTON, Va. - Wisconsin Rep. Paul Ryan, Mitt Romney's running mate, and his wife Janna paid an effective tax rate of 20 percent in 2011 and 15.9 percent in 2010, according to returns released by Romney's campaign on Friday night.

The couple had an adjusted gross income of $323,416 in 2011 and paid $64,764 in taxes. In 2010, they had an adjusted gross income of $215,417 in 2010 and paid $34,233 in federal taxes on their income.

Just over half of the Ryans' income in 2011 -- $153,359 -- came in wages from Ryan's job as a Congressman. An additional $116,043 came from rental real estate royalties, partnerships, S corporations and trusts. Ryan earned $153,741 in 2010, but the couple's additional income only amounted to $39,013.

Many of the family's investments belong to Ryan's wife, the congressman's spokesman told the Milwaukee Journal Sentinel last week. "As these are properties Rep. Ryan 'married into,' for lack of a better term," Seifert told the newspaper, "he does not play an active role in them and has no plans to."

The Ryans gave $12,991 to charity in 2011 and $2,600 to charity in 2010.

In personal financial disclosure forms released by members of Congress earlier this year, Ryan reported a net worth of $1.2 million. He has a mortgage of between $250,000 and $500,000 on his personal residence in Janesville, Wis.

Romney released his 2010 tax returns in January, showing an effective rate of 13.9 percent. He has still not released his 2011 returns, saying they are not yet fully prepared, though he has released an estimate.

The candidate's tax returns have been a source of controversy and distraction from the campaign, as he has refused Democratic calls to release more than two years. Ryan told CBS News that he gave Romney "several years" of returns during the vice presidential vetting process.

[marychgo]

Dusty's got fifteen points -- and half a page on this thread! -- and not one of those points proves Barack Obama is a Communist or Marxist or even a democratic socialist. Joe McCarthy -- and J. Edgar Hoover -- would be ashamed.

It's actually a decent research job, Dusty, but people aren't "Communists" because of what their parents believed or because they once attended a meeting or because of who they know or (and this is my favorite!) because of the tee shirt one of their volunteers wore! If ya wanna be a Communist, ya gotta go join the Communist Party of the USA. Obama didn't. So you're wrong!

[infantryman1968]

Paul Ryan releases two years of tax returns


LOL!


Obama and his followers still think this is getting traction.

Nobody voting for Romney cares.

[fiberglass3]

Nobody voting for Romney - you are correct !

[GOP-R--Con-Men]

Paul Ryan's use of his mother to try and legitimize the lies, propaganda and scam he and Romney are proposing on medicare show that republicans have no sense of shame or honor and will stoop to anything to gain power.

This bares for all to see that republicans care only about controlling government to use for the benefit of the super rich contributors along with corporations, big oil and big pharma.

Republicans have shown time and time again that they don't give a damn about ordinary Americans. However they do lie like the devil to ordinary Americans to scam them into voting them into office.

[AttyFAM]

Ryan has put forward proposed budgets for 2010, 2011 and 2012. All of them are based on getting rid of social security, medicare and medicaid - at the very least. Now, suddenly, since he has been appointed Vice President in waiting, he is out there saying that he will save medicare???? NOTE: ONLY MEDICARE, NOT SOCIAL SECURITY OR MEDICAID

Do you really believe that the skunk no longer has a stripe and does not make a stink?

[Eco99]

And he wants to privitize them as well which is code for allowing private companies manage it. For all the anti-socialism comments of the right they themselves back policies that is corporate socialism. Why is what is OK for billion dollar corporations not good enough for the single mother making minimum wage or the elderly couple that saw their savings disappear in the stock market (which by the way is where R&R want to put Social Security). Two faced hypocrites is what I say. Ryan is as big a fli-flopper as Mitt is, they deserve each other.

[LIBERTY_GRACE]

ECO-
What has government ever managed that didn't go bust of bankrupt? And you want them in charge of your retiremnet and Healthcare....the two most important aspects of your well being? Not me I started my own investmnet porfolio long ago.....I am 40 and don't even count on Social Security being solvent at th time I need it.

[PreachersSpouse]

Let's get off the tax return crap!! Romney's tax returns are on his web site. Have a weeks vacation coming? It is over 200 pages long including supporting statements. Also, since Romney's and Ryan's income are categorized differently of course there will be different tax rates, and therefore a different amounts, DUH. -- And YES, xtopher317 (I know what the X refers to ;)- I have been researching both candidates. A good source for the presidents views on the future for the U.S. is 'The roots of O'Bama's Rage". For Gov. Romney's views a good source is 'No Apology.' An EDUCATED/INFORMED electorate will be our best voice to make our country's future the best it can be for present and future generations.

[Rafterman11]

Romney's tax returns give us an idea what his fiscal policies might be, as well as his honesty and integrity. We will not "get off" his returns.

"The Roots of Obama's Rage" - yeah, I'm sure that's not biased. Who wrote it, the RNC?

[rayward73446]

Reviews of the book 'The roots of OBama's Rage", are pointedly harsh and prove that the information in the book and the author's opinions are based on false information. This book is a right wing sponsored publication, that expresses the values and lies put forth by the GOP and the Koch minions. How can a semmingly educated person fall for this deception, and post that it is a good source for information. Your education and informed post points out that you are the very problem you wish to eradicate.

[88Ronin]

Ryan is so radical; I would like him questioned, under TRUTH SERUM.

Ryan should be asked if he belongs to the secret, radical catholic sub-cult, OPUS DEI.

OPUS DEI had FBI Agent, Robert Hanssen, spying for Russia.

Beware of cultists lusting for power.

[Lindag20]

Dusty: you've been asked before and I'll ask again. Why do you believe Obama is a Marxist/communist?? Please cite some examples other that claiming he "hangs out" with people you don't like.

[Lindag20]

oops: looks like "Dusty Trail" just bit the dust. Oh well, we'll never know why he thinks Obama is a Marist.

[hypnotoad72]

Has Romney released his?

Or is Romney stepping down and letting Ryan take over right now?

[dustin93sc]

Barack Obama produced a record 8-10% unemployment rate for the last four years (eclipsing Herbert Hoover and Ronald Reagan). He delivered the country to his Abu Dhabi oil cartel. Americans now pay $3.70 a gallon for gasoline and the price continues to sky-rocket. Obama fights a war in Afghanistan, Pakistan, Yemen, and Somalia. Can you tolerate this poverty, war-mongering, and social welfare?

[Lindag20]

If you enjoy this scenario, elect Romney/Ryan and you'll get MORE of it.

[Rafterman11]

Don't you get tired blaming Obama for the failures in your life?

[Lindag20]

by Haggi57 August 18, 2012 1:44 PM EDT
So what's your solution?

Tax the crap out of the wealthy so everyone can benefit from their succes?
------------
Actually that's what FDR and Eisenhower did!! We got roads, bridges infrastructure, reforesting, REA, etc. that transformed the country. And also created a LOT of jobs.

[hypnotoad72]

Agreed.

Maybe they'll check this out, and since it's in a cartoon form, they might understand it as well!

http://images.politico.com/global/090414_cartoon_600.jpg

[Lindag20]

hyno: you should check out that "Amigiously Gay duo" on youtube. I'll never be able to think of Romney and Ryan as anything but "Ace" and "Gary" again.

[Lindag20]

by EmpireGeorge______-- August 18, 2012 1:19 PM EDT
Lindag20, the sources of our natural resources are located their.....our supply, required to operate our nation.....and to protect the free-flow of resources, especially in the gulf region.....should we be in Libya, Egypt and now Syria, and still in Afghanistan, of course not...........
-------------------
George: These ARE NOT OUR resources. Actually I think we'd be better off if they were SHUT off because then we'd be forced to find another way and hopefully one that didn't pollute the environment to power the country. Your attitude towards those resources is EXACTLY why we're dependent on others to meet our energy needs.

[EmpireGeorge______--]

The sources of the resources we purchase, so we have to protect the flow of the resources we require......You know we buy the oil from OPEC, so once we buy it, we own it......"shut off" really, do you have any concept what shutting off oil would do to industrialized cities across our nation ??!?!? It's as though none of you libs have traveled outside of your "shire" and didn't know our country runs on diesel, oil and gas.....what do you put in your car ? horse crap ? cause that's all you would have if you "shut off" our resources.....as alternatives become practical, we are moving away from the use of these particular resources.

[EmpireGeorge______--]

World War 2 and Eisenhower, wasn't that back in the 40's ???

I think the industrial complex, was making tanks to defeat Germany, not designing Aerospace and aicrcraft which is used in many industries.....but clueless you are.