Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: JaguarXKE; All
That and teh fact that most of his income is from Capitol Gains which has a lower rate than regular income.

After you figure in the deductions and credits, income tax rates for the lowest 90% are below 12 percent.

9 posted on 10/11/2012 3:42:12 PM PDT by marktwain
[ Post Reply | Private Reply | To 6 | View Replies ]


To: marktwain

Has anyone seen an article telling what percentages other notable people pay?

IIRC, an accountant who looked at both Romney & Obama published tax returns said of Romney’s, “That looks about right, especially considering how much he gives to charity”. “Obama’s shows that he did not make wise choices on his return.”

Anyone remember that or have a link?


12 posted on 10/11/2012 5:30:06 PM PDT by BwanaNdege (Man has often lost his way, but modern man has lost his address - Gilbert K. Chesterton)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson