BOOM! BAIN Bombshell-It is beginning to look as if Harry Reid knew exactly what he was talking about

[hfojvt]

54. kinda silly to mention payroll taxes

Because he could make that money in the United States and pay no payroll taxes. Look at his income in 2010 (to quote myself)

"And most of Romney's income - $3.3 million in interest, $4.9 million in dividends, and $12.6 million in capital gains - is made without doing one iota of actual work."

Total payroll taxes owed = $0.00

There are only payroll taxes on wages. There are NOT payroll taxes on interest income, dividends, or capital gains. That's true for you and me as well. Just like Romney, we don't pay payroll taxes on our interest, dividends or capital gains. But most of us probably have less than $1,000 of that type of income. Here's my own taxes from 2011 - $145.21 in interest, 95 cents in dividends, and $99.91 in capital gains. Well, it is better than nothing - but not by much.