July 30, 2012
sunfoundation: Putting Romney’s tax returns in presidential context The controversy over what’s hiding in Mitt Romney’s unreleased tax returns continues.  But even without the missing filings, putting his 2010 and 2011 tax numbers in context is strikingly informative. It dramatically shows what an outlier Romney is on a few basic tax and income dimensions. An outlier and not in a flattering way. Think of all the loopholes his tax accountants have exploited to make sure he held onto that income. You can say he didn’t pay his fair share of taxes but Romney can say that it was all legal, even the offshore accounts.

sunfoundation:

Putting Romney’s tax returns in presidential context

The controversy over what’s hiding in Mitt Romney’s unreleased tax returns continues.  But even without the missing filings, putting his 2010 and 2011 tax numbers in context is strikingly informative. It dramatically shows what an outlier Romney is on a few basic tax and income dimensions.

An outlier and not in a flattering way. Think of all the loopholes his tax accountants have exploited to make sure he held onto that income. You can say he didn’t pay his fair share of taxes but Romney can say that it was all legal, even the offshore accounts.

(via kiplinger)

5:54pm  |   URL: http://tmblr.co/ZLaAExQQYgFW
(Notes: 452)
  
Filed under: Romney millionaire inequality wealth