Wednesday, January 18, 2012

Newt's New Mitt Romney 15% Flat Tax Rate

Newt is wrong in his assertion that we (Newt uses the term 'liberals' cause that's what conservatives enjoy) object to Mitt paying a 15% tax rate. We agree with you Newt. We object to the unfairness -- the fact that a very wealthy man, who doesn't even work, pays 15%, while hard working regular people pay a higher rate. That's what we object to. Just like you Newt. We're on your side. Newt, by the way, says he pays a 31% tax rate.
Reuters has a story that says when (if) Mitt releases his tax returns, it could reveal how he shelters his income in offshore savings accounts.
Mitt pays a lower rate than Warren Buffett, one of the richest guys on the planet.