Tue Jan 24, 2012, 09:59 AM

kpete (38,904 posts)

$60k a day!!!!!?

Last edited Tue Jan 24, 2012, 10:09 AM USA/ET - Edit history (3)

$60k a day!!!!!?

Mitt Romney Tax Returns Released: Paid Just 13.9% Rate In 2010, Had Swiss Bank Account

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$42.5 million in income translates to roughly $60k a day, more than most Americans make in A YEAR. There's rich, and then there's ridiculously rich. Especially when your vast wealth has come at the hands of the employees of the companies you own.

http://www.dailykos.com/story/2012/01/24/1057835/-Breaking:-Mitt-Romney-pays-139-tax-rate,-earned-$60k-a-DAY-(UPDATEDX2-with-full-returns)?via=siderec

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Key passage from Reuters story ...

Romney kept a Swiss bank account until 2010, when he closed it because it posed a "political liability":

Romney advisers stressed that the holdings in the Caymans -- along with those in a Swiss bank account that was closed in 2010 after an investment adviser decided it could be politically embarrassing to Romney -- were reported on tax returns and were not vehicles to avoid taxes.
http://news.talkingpointsmemo.com/2012/01/romney-reports-tax-bill-of-62-million-for-2010-11.php?ref=fpblg

FULL RETURNS HERE:
http://mittromney.com/learn/mitt/tax-return/main

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7 replies	Author	Time	Post
$60k a day!!!!!? (Original post)	kpete	Jan 2012	OP
That is just grossly obscene	Hugabear	Jan 2012	#1
Explains why he is totaly out of touch with the real america	liberal N proud	Jan 2012	#2
I could live in extreme luxury on 60k/year	Voice for Peace	Jan 2012	#3
He COULD have used that money to create 365 jobs a year.	Ian David	Jan 2012	#4
He thinks he pulled himself up by his bootstraps.	limpyhobbler	Jan 2012	#5
There are families out there that live on way less than that	LynneSin	Jan 2012	#6
"were not vehicles to avoid taxes"	progressoid	Jan 2012	#7

Response to kpete (Original post)

Tue Jan 24, 2012, 10:03 AM

Hugabear (9,866 posts)

1. That is just grossly obscene

Nobody - and I mean nobody - needs that much money. Especially when there are so many people living in poverty, struggling to find enough to eat, take care of their families, or even find a place to sleep at night.

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Response to kpete (Original post)

Tue Jan 24, 2012, 10:05 AM

liberal N proud (43,767 posts)

2. Explains why he is totaly out of touch with the real america

Most Americans don't make anywhere near $60K a year.

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Response to liberal N proud (Reply #2)

Tue Jan 24, 2012, 10:09 AM

Voice for Peace (8,406 posts)

3. I could live in extreme luxury on 60k/year

truly.

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Response to kpete (Original post)

Tue Jan 24, 2012, 10:10 AM

Ian David (68,452 posts)

4. He COULD have used that money to create 365 jobs a year.

Instead, he hoarded it in a Cayman Islands account.

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Response to kpete (Original post)

Tue Jan 24, 2012, 10:11 AM

limpyhobbler (6,714 posts)

5. He thinks he pulled himself up by his bootstraps.

He has the nerve to claim taxes are too high. Everybody can see right through this guy.

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Response to kpete (Original post)

Tue Jan 24, 2012, 10:15 AM

LynneSin (89,793 posts)

6. There are families out there that live on way less than that

Just think about it - Mitt could keep one month of his yearly salary ($1,800,000) still be a millionaire and then help 335 families by giving them each 60K to help raise their family

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Response to kpete (Original post)

Tue Jan 24, 2012, 11:17 AM

progressoid (27,342 posts)

7. "were not vehicles to avoid taxes"

riiiiiight.

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