Showing posts with label LDS Philanthropies. Show all posts
Showing posts with label LDS Philanthropies. Show all posts

Friday, September 21, 2012

Steinfeld Star Accuses Mitt Romney Of Cheating The LDS Church Out Of Tithing Money

Jason Alexander, who is famous for playing George Costanza on the television show "Seinfeld" believes that Mitt Romney won't release his tax records because he believes there may be evidence that he's cheating the LDS Church out of millions of dollars by not paying his tithing:
Its a similar claim to Harry Reid made in which he accused Mitt Romney of not paying taxes for 10 years: 

Here's the transcript of Harry Reid's astonishing accusation:
He’s refused to release his tax returns, as we know. If a person coming before this body wanted to be a cabinet officer, he couldn’t be if he did the same refusal Mitt Romney does about tax returns. So the word’s out that he hasn’t paid any taxes for ten years. Let him prove that he has paid taxes, because he hasn’t.
Jason Alexander accuses Romney of avoiding paying tithing. Harry Reid says Romney hasn't paid his taxes. 
Both claims are outright lies. 
Today Mitt Romney released a detailed report of his 2011 tax returns and Romney's trustee, whose name is Brad Malt, gives us a summary of the 2011 data:
- In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.
- The Romneys’ effective tax rate for 2011 was 14.1%.
-The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.
-The Romneys claimed a deduction for $2.25 million of those charitable contributions. The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor's statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years.
Brad Malt, the trustee of the Romney family, also gives us a breakdown of the taxes paid by the Romney campaign for the last 20 years:
- 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.
-During the 20-year period covered by the PWC letter, Gov. and Mrs. Romney paid 100 percent of the taxes that they owed.
Its clear that Harry Reid's claim that Mitt Romney hasn't paid is any taxes is a LIE. Mitt Romney has paid 100% of his taxes for the past 20 years. What's even more important is to keep in mind that if you look at the numbers more closely, Mitt Romney paid 30% in taxes rather than the 13% to 14%.
As far Seinfeld actor Jason Alexander's claim that Mitt Romney hasn't paid tithing, the LDS Church does not publicly release how much tithing any member of the LDS Church has paid. That is a matter between the Bishop and the member. Mitt Romney has said that his tithing records should remain private even though by releasing his tax records, people can figure out how much he's given in tithing. 
"Our church doesn't publish how much people have given," Romney is reportedly quoted as saying in the forthcoming edition of Parade. "This is done entirely privately. One of the downsides of releasing one's financial information is that this is now all public, but we had never intended our contributions to be known. It's a very personal thing between ourselves and our commitment to our God and to our church."
However, records show that Mitt Romney has actually paid more than 10% in tithes to the LDS Church: 
The couple’s donations to The Church of Jesus Christ of Latter-day Saints appear to be almost double the 10 percent tithe faithful members are asked to give to the Salt Lake City-based faith.
In addition to Romney’s direct contributions to the LDS Church, he also gave to the faith through his charity for a total of $3.07 million last year, according to his campaign. The campaign also said Friday that the Romneys have given, on average, 13.45 percent of their income annually to charity, including the LDS Church.
Jason Alexander's claim that Mitt Romney is cheating the Church of tithing funds is also NOT TRUE. Its clear that Mitt Romney has been a faithful tithing payer all along. 
For more information on the LDS practice of tithing, the LDS Newsroom gives a simple explanation on tithing and charitable donations while another official LDS website called Mormon.org explains what the Mormon Church does with these funds and why Mormons pay tithing.

Tuesday, March 29, 2011

LDS Church Helping Members And Non-Members in Japan

The LDS Church have an amazing ability to to take care their own members during a crisis
"The only thing that rivals the Mormon church’s ability to spread the word is its ability to cope with emergencies.
Within 36 hours of the earthquake striking off the coast of Sendai on March 11, the Utah-based Church of Jesus Christ of Latter-day Saints announced that all 638 of its missionaries in the country -- 342 Americans, 216 Japanese and 80 from other nations – were safe.
Within a few days, the church also had accounted for all but about 1,000 of its 125,000 members in Japan.
 “Whether it is Haiti or Japan,” said David Evans, a senior leader in the church who serves in the missionary department. “This is how it works everywhere.”
Chalk it up to a culture of discipline and emergency preparedness. The church has a detailed hierarchy and network that works in ordinary times to maintain cohesion among followers, and in disaster to locate them."
What's even more impressive is that the LDS Church also has an amazing ability to help non-members in times of crisis at the same time as well:
"Humanitarian aid from The Church of Jesus Christ of Latter-day Saints is arriving in Japan in the ongoing wake of this month's triple-catastrophe in and around Sendai.
Much of the LDS-provided relief supplies are coming from Japan and other Asian nations.
To date, the LDS Church has arranged for more than 135,000 pounds of food and water, 8,000 liters of fuel and 15,000 blankets. Besides the in-kind supplies, the church has made a substantial financial donation to the Japan Red Cross.
Food and fuel is being purchased in Japan and shipped to the affected areas, while blankets were purchased in China and shipped to Japan.
Japanese Latter-day Saints are helping their own as thousands of members from hundreds of congregations across the nation are assembling hygiene and cleaning kits."
While the LDS Church is helping people in Japan, its still needs your help in giving humanitarian assistance to those people affected by the earthquake and tsunami. Anyone can make a donation to the LDS Church Humanitarian Aid Fund.

Friday, March 11, 2011

How You Can Help The LDS Church In Providing Relief To Japan

If you want provide donations to the LDS Church so that they can help the people in Japan, please go to LDS Philanthropies and make a donation to the Emergency Response Fund.
The LDS Church has also released a statement about the earthquake in Japan and that most LDS missionaries serving in that area are safe and accounted for: 
"Our thoughts and prayers are with the people of Japan following the recent devastating earthquake and tsunami.
There has been a high volume of inquiries concerning the safety of missionaries serving in the area. The most immediate information is that five of the six missions in Japan have reported all missionaries are accounted for and safe. However, all communications systems in the Sendai area are down. We have not been able to contact each missionary in that mission yet. We continue to work diligently to account for the missionaries in this area and will update information as we are able to do so.
Initial reports from missions in areas affected by tsunami activity show all missionaries are safe.
We are also assessing how the Church might help meet the needs of people affected by the earthquake and tsunami."
Keep checking back here at LDS Phrontistery for more updates on the LDS Church and their involvement in helping the people of Japan.
Update #1 (3.13.11):  It has been confirmed that all missionaries in Japan are safe and accounted for.  

Thursday, January 14, 2010

How You Can Help The LDS Church In Providing Relief To Haiti

If you want provide donations to the LDS Church so that they can help the people in Haiti, please make a donation to LDS Philanthropies.

For news on how the LDS Church is assisting the people of Haiti, you may visit the LDS Newsroom.