Mitt Romney says $362,000 is 'not very much' money---Admits To Paying JUST 15% Tax Rate

[kpete]

Mitt Romney Says His Effective Tax Rate Is "Closer To 15%"

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Mitt Romney explains why he pays just 15 percent in taxes:

“It’s probably closer to the 15 percent rate than anything,” Mr. Romney said. “Because my last 10 years, I’ve — my income comes overwhelmingly from some investments made in the past, whether ordinary income or earned annually. 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 [font color=red]not very much.”[/font]

So how much in speaker's fees does Mitt Romney consider to be not very much? To most people it would be a lot: [font color=red]$362,000[/font] (h/t: Sam Stein). http://twitter.com/#!/samsteinhp/status/159306215963361281

So you can forget about $10,000 bets ... Mitt Romney could make 36.2 of those and to him it would still be "not very much." But while he may think $362,000 is "not very much" money, now we know how out-of-touch he is: quite a lot.
http://www.dailykos.com/story/2012/01/17/1055575/-Forget-$10k-bets--Mitt-Romney-says-$362,000-is-not-very-much-money?via=blog_1

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The 'Romney Rule'
Mitt Admits To Paying 15% Tax Rate
Mitt Romney hasn’t yet released his tax returns, but on Tuesday he confirmed the biggest nugget Democrats have been salivating over: he pays an effective tax rate of just 15 percent.
MORE:
http://talkingpointsmemo.com/archives/2012/01/mitt_raising_his_own_taxes.php?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Talking-Points-Memo+%28Talking+Points+Memo%3A+by+Joshua+Micah+Marshall%29

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Mitt Romney has good reason to keep his tax records out of view. Call it the 'WTF' factor

family of four making an
upper-middle-class income of
$100,000 would save $5,500 on income
taxes if it were taxed at the Romney Rate.
(Democratic National Committee)
as Matt Viser and Beth Healy reported, he pays a far lower tax rate—15 percent—from what typical middle-class families or even upper-middle class families pays on their earnings.
http://www.bostonglobe.com/news/nation/2011/12/23/romney-will-not-reveal-tax-data-least-for-now/UJLtCoei1ligNaw4kP9MvM/story.html
http://www.dailykos.com/story/2011/12/27/1049218/-Mitt-Romney-has-good-reason-to-keep-his-tax-records-out-of-view-Call-it-the-WTF-factor?via=search

[Sarah Ibarruri]

1. People like this, who have money to burn, and see big amounts of money as little...

don't give a shit about those who are suffering.

[WhoIsNumberNone]

10. I was just wondering... considering that $362K is no big deal to him-

-if The Willie has ever given any change to a homless person.



Or even seen one up close?

[Sarah Ibarruri]

11. I'm sure he steers clear of poverty, as do nearly all mega-wealthy. The less they see of them,

the prettier their life looks.

[i_sometimes]

2. Did some quick math

362k has supported my household for the last 16 years.
Clueless about the working class, all of these people.

[madrchsod]

3. he`s a walking talking disaster ....

he really needs a caretaker to watch over him

[liberal N proud]

4. That FAT CAT is so fucking out of touch

:nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke:



Yes, I just blew a gasket!


:nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke::nuke:

[subterranean]

5. This information will be very useful

considering that Romney has proposed further slashing taxes for the wealthy like himself (but increasing taxes on us peasants).

[EC]

6. Yeah,

he was suggesting zero taxes on capital gains. So he'd be paying zero taxes.

[Phlem]

7. WOW

He's just a F*ckin POS, period.

-p

[HopeHoops]

8. Poor dude.

[catbyte]

9. 1% assho!e. Can he possibly be elected?!?

[midnight]

12. I would like to know why he doesn't know for sure what his

effective rate is...