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In reply to the discussion: Mitt says he pays close to 15 percent rate [View all]Scairp
(2,749 posts)49. I'm betting you're right
In fact I would bet he doesn't pay more than 13%, when it all finally comes out.
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"below that of middle-class workers, which would also include military servicemembers."
kpete
Jan 2012
#15
It's a bizarre contruct..."Since I didn't really EARN the money, it shouldn't be taxed as much."
Atman
Jan 2012
#17
It is even more skewed than that. 15% is the tax rate on dividends and capital gains.
Fool Count
Jan 2012
#34
Yet, it is probably the only part of his income that incurred 35% income tax.
Fool Count
Jan 2012
#33
I think what he meant was the $360K is not much compared to his investment income...
Southerner
Jan 2012
#16
"And then I get speakers fees from time to time, but not very much.” ($300,000/yr)
yellowcanine
Jan 2012
#23
BUT, how many of your buddies are going to say, "I WANT TO PAY THAT RATE TOO!'
CTyankee
Jan 2012
#35
He genuinely seems to believe that people with less wealth than himself mustn't be
anAustralianobserver
Jan 2012
#38