Mitt Romney loves his money. He loves it so much he does not want to pay taxes on it, keep it in the United States where it might be monitored by the IRS, or even allow the public to know how much of it he has (estimates hover around $250 million).
He refused to release his tax returns during the 2008 campaign, and released them this time around only after being politically hammered into doing so by his fellow Republican candidates, namely Rick Santorum.
And, despite having officially retired from the business world in 1999, Romney still makes a heaping pile: $42.5 million in income in 2010-2011, with taxes of only $6.2 million--below 15 percent taxation, just over half of the overall rate paid by the average American.
Showing posts with label Bain Capital. Show all posts
Showing posts with label Bain Capital. Show all posts
Subscribe to:
Posts (Atom)
