The average federal tax rate fell under President Obama to 17.4 percent in 2009, its lowest level in three decades, according to a recent report in the FT.
But Mitt Romney exploited tax shelters in the Cayman Islands and lord knows where else — only the lord, and the IRS, know for sure because Romney is keeping most of his tax returns secret — to pay just 14.1 percent in taxes in 2011: 3.3 percent in an absolute sense and 18.9 percent in a relative sense less than this historic low number.
Does that make him 18.9 percent moocher? One-fifth irresponsible, entitled victim, like 47 percent of America, according to his latest campaign slogan? After all, he’s not paying one-fifth of the taxes that most Americans pay, on a relative basis. A philosophical and interpretive question for the hive mind.
johnd says
Remember how we all were discussing Harry Reid’s outrageous charge about Romney not paying any taxes for 10 years? Turns out, Romney’s tax returns shows he not only paid taxes, but paid more than he had to. Plus he donated $4M to charity, very nice.
sco says
Reid’s Statement:
johnd says
You make a statement they I never worked a day in my life. I reply that I worked 40 years straight. I record comes out and shows I worked 40 years but took a 6 month sabbatical during the 40 years and you double down on your claim that I never worked a day in my life and the 6 month sabbatical is “proof”? Talk about la-la-land!
whosmindingdemint says
It’s a lot like birtherism, ain’t it.
methuenprogressive says
…picked Sarah Palin as his running mate.
fairminded says
don’t quit your day job, provided you have one.
johnd says
You should work for the DA’s office since proving guilt will be a snap with this kind of “proof”.