Tuesday, August 21, 2012

ROMNEY'S TAX RATE

According to the Internal Revenue Service, Mitt Romney paid a higher tax rate than 90% of rest of of us. The IRS has released its data on the 2010 tax year. That report is over 300 pages of information as compiled by the IRS. If you don't want to take the time to read all of this, I suggest you read this article. Mitt Romney Pays a Higher Percent in Taxes than 90% of all Americans
...in 2010, somewhere between 90 and 95 percent of Americans had a lower effective income tax rate than Romney’s 13.9 percent. In 2011, somewhere between 95 and 97 percent of Americans had a lower effective income tax rate than Romney’s 15.4 percent, at least according to the latest IRS data from 2010.
Based on this data, it would appear to me that the RICHEST of American Tax Payers are already paying their fair share.

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