...while Hannity, Limbaugh and the GOP establishment opine that the super rich pay their fair share.
Mitt Romney Pays 15% Income Tax Rate
Mitt Romney admitted Tuesday that he effectively has paid a 15% tax rate on his personal income, but
his comments could signify the start of a barrage of questions that concern the former Massachusetts governor's finances.
Romney said that his tax rate is near 15% because he receives most of his income from past investments instead of through ordinary wages earned, according to multiple reports.
2011 IRS Tax Brackets
Tax Bracket Single Married Filing Jointly Head of Household 10% Bracket $0 – $8,500 $0 – $17,000 $0 – $12,150 15% Bracket $8,500 – $34,500 $17,000 – $69,000 $12,150 – $46,250 25% Bracket $34,500 – $83,600 $69,000 – $139,350 $46,250 – $119,400 28% Bracket $83,600 – $174,400 $139,350 – $212,300 $119,400 – $193,350 33% Bracket $174,400 – $379,150 $212,300 – $379,150 $193,350 – $379,150 35% Bracket $379,150+ $379,150+ $379,150+



10Likes
LinkBack URL
About LinkBacks




Reply With Quote


Bookmarks