Romney Paid 13.9% ("Romney advisers stressed that the holdings in the Caymans")

Romney Paid 13.9%

Josh Marshall

We’ve got the first report about Romney’s 2010 taxes. His effective tax rate was 13.9%, just below the 15% he estimated last week. Here are the initial details.

Key passage from Reuters story …


My quick take on this is that there’s a lot here that’s fairly damaging for Romney in political terms, largely for the reasons I set forth earlier in this post. Beyond that there’s a lesson about the consequences of losing control of events. For a man running for president in 2012 it’s damaging stuff. But now everything in these documents comes with a preface that reads “We really wanted to keep this secret. But that didn’t work out.”

http://talkingpointsmemo.com/archives/2012/01/romney_paid_139.php?ref=fpblg