Quote:
Originally Posted by Danzig
WASHINGTON (Reuters) - U.S. Republican presidential candidate Mitt Romney said he thinks it is "fair" that he pays a lower tax rate on his investment income of $20 million last year than someone who made $50,000 annually.
"Yeah," Romney said in an interview aired on Sunday on the CBS television show "60 Minutes," when he was asked if he thought his relatively low rate was fair.
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Maybe because he's already paid income tax on the money the first time around and every year after?
BTW Tell that 'someone' who made $50K last year to save as much as possible as he will be able to pay a lower rate on investment income than he does on straight income.
09-24-2012, 05:00 PM
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