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The Water Cooler
General Discussion
'We Don't Believe Anybody Is Entitled to Success in This Country'
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<blockquote data-quote="DPI" data-source="post: 1933234" data-attributes="member: 793"><p>Mitt Romney paid $1.9 million in taxes on an income of $13.7 million and gave $4 million to charity. 14.1% to taxes, 29.2% to charity.</p><p></p><p>Romney's effective tax rate was not primarily due to deductions, although he gave 4 million to charity, it was due to his income from investment income. Capital gains are taxed at 15% no matter how you spin it, it is legal.</p></blockquote><p></p>
[QUOTE="DPI, post: 1933234, member: 793"] Mitt Romney paid $1.9 million in taxes on an income of $13.7 million and gave $4 million to charity. 14.1% to taxes, 29.2% to charity. Romney's effective tax rate was not primarily due to deductions, although he gave 4 million to charity, it was due to his income from investment income. Capital gains are taxed at 15% no matter how you spin it, it is legal. [/QUOTE]
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The Water Cooler
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'We Don't Believe Anybody Is Entitled to Success in This Country'
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