Quick Note About Mitt’s 15% Tax Rate

I had to explain this simple fact to a liberal pal of mine. Romney is getting hammered for his revealation that he only paid 15% on his income. Well, the 15% is what he paid on his profit form his cash investments. The cash was taxed the previous year at 30 something percent, just like everybody else.
He played by the rules, and if some Americans don’t like it, then we need to change the rules. I do not support Mitt for president, but I do not like him, or anybody else, to be falsely accussed of something they did not do.

3 Comments (+add yours?)

  1. Carl D'Agostino
    Jan 26, 2012 @ 08:15:07

    Al Sharpton accuses him of liking to fire people and that Newt wants children to clean toilets . He really twists things.


  2. The Conservative Hill Billy
    Jan 26, 2012 @ 08:37:12

    Yes Carl, most all of our politicians don’t need to have anything twisted, the truth about them usually does them in!


  3. wayne2008sblogsite
    Jan 26, 2012 @ 22:38:40

    If that’s Mitt’s personal income I don’t see what the problem is considering he’s paying millions in taxes compared to thousands in taxes for middle class Americans. I think the lefty lib’s took the bait and ran with it on this one and they’ll get burned on it.

    What I don’t like are these national and international corporations paying anything less than what is allowed such as 35%..too many loop holes and subsidies in my opinion.


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