Romney just submitted thousands of pages in tax return submissions for 2010 and 2011 AND a 20 year notarized report from the largest auditing firm in the world. Time for Reid to do the same. Time for Obama to release his transcripts and collegiate entry records.

 Over the entire 20-year period of  1990 through 2009,  the average annual effective federal tax rate was 20.20%.  While the Democrats will argue something along the lines of,  “So,  you are going to trust Romney on what he says he paid,”  we hasten to point out that Romney is NOT the one making this claim.  Not at all. 

Rather,  this conclusion comes after a full review of the very prestigious PricewaterhouseCoopers, LLP , which has done Romney’s income tax submissions for decades.  The company is based in London, England and has well over 700 offices,  world wide.  It is the largest of all multinational professional services in the world.  By its lonesome,  PWH audits approximated 1/3  of all companies in the Financial Times Global index and,  again,  in the Fortune Global 500. 

In the report submitted Friday morning,  Pricewaterhouse notarizes their comments which include the following:

·         In each year during the entire 20-year period, the Romneys owed both state and federal income taxes.

·         Over the entire 20-year period, the average annual effective federal tax rate was 20.20%.

·         Over the entire 20-year period, the lowest annual effective federal personal tax rate was 13.66%.

·         Over the entire 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income.

·         Over the entire 20-year period, the total federal and state taxes owed plus the total charitable donations deducted represented 38.49% of total AGI.

While the commies at MSNBC  (on yes they are) pretended that this reporting was another Romney campaign mistake,  the fact of the matter is this:  this is authoritative documentation that is above any serious challenge from the Left.  It proves the Left,  and especially the hapless Harry Reid,  to be liars of the first order.  And I use the word “liars” advisedly.  Understand that Harry Reid simply decided to claim that Romney paid no income tax for the last ten years.  Our idiot media did not call him on this,  and,  instead,  used him as a source for stories that continued to parrot this lie. 

With this PWH documentation,  we now know that Romney paid more taxes that he needed to,  and gave to church/charities at a higher rate of pay,  than Obama, putting Reid and Biden to shame in their giving. 

We now have two years of Romney’s taxes in several thousand pages and a notarized summary.  McCain submitted two years in his campaign against Obama and all pundits were satisfied with that submission.  John Kerry,  put together a 12 year submission,  but this was never released to the public  -  in other words,  he submitted nothing as relates to his income tax.