Romney’s Sinful 13% Tax Rate

January/28/2012 16:39PM
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Romney first had to accumulate wealth. If it’s in the form of salary it’s taxed at 35%, if it’s partnership profits in Bain Capital, it’s 15%. Probably, Romney had a combination of both in his asset base. For sake of argument, let’s assume it’s an average of 20%. Since most of his income he reported Read the full article…