Mitt Romney Would Pay 0.82 Percent in Taxes Under Paul Ryan’s Plan
In 2010 — the only year we have seen a full return from him — Romney would have paid an effective tax rate of around 0.82 percent under the Ryan plan, rather than the 13.9 percent he actually did. How would someone with more than $21 million in taxable income pay so little? Well, the vast majority of Romney’s income came from capital gains, interest, and dividends. And Ryan wants to eliminate all taxes on capital gains, interest and dividends.
Read more. [Image: Reuters]
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Fun fact: 400 taxpayers in this country make up 16% of all income from capital gains. Like, keeping this only to people...
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I SEE NOTHING UNDERHANDED HERE
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![theatlantic |
Mitt Romney Would Pay 0.82 Percent in Taxes Under Paul Ryan’s Plan
In 2010 — the only year we have seen a full return from him — Romney would have paid an effective tax rate of around 0.82 percent under the Ryan plan, rather than the 13.9 percent he actually did. How would someone with more than $21 million in taxable income pay so little? Well, the vast majority of Romney’s income came from capital gains, interest, and dividends. And Ryan wants to eliminate all taxes on capital gains, interest and dividends.
Read more. [Image: Reuters]](http://24.media.tumblr.com/tumblr_m8ncf3Yrm01qcokc4o1_500.jpg)