Romney Estimates He Pays 15% Tax Rate, Returns Coming Out

Posted by | January 17, 2012 15:02 | Filed under: Top Stories

When Romney said his hundred of thousands of dollars in speaker’s fees are “not very much,” he acknowledged paying about 15% in taxes.

“What’s the effective rate I’ve been paying? It’s probably closer to the 15 percent rate than anything,” Romney, a GOP presidential candidate, said. “My last 10 years, I’ve — my income comes overwhelmingly from investments made in the past rather than ordinary income or rather than earned annual income. I got a little bit of income from my book, but I gave that all away. And then I get speaker’s fees from time to time, but not very much.”

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Copyright 2012 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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