Romney Paid Half the Taxes Obama Paid in 2010
January 24, 2012 at 7:19 PM Leave a comment
President Obama paid nearly double the tax rate of Mitt Romney in 2010, despite earning only a fraction of the income.
The president paid 25 percent of his gross income in federal tax, compared to Romney’s 13.7 percent.
The Obamas’ gross income was $1.8 million and they paid $454,000 in federal taxes. The Romneys reported earning $21.7 million and paying $3 million in taxes…
Entry filed under: 2012 Election, Corporatocracy, President Barack H. Obama and Co., Republicans, Including Wingers & "Moderates". Tags: mitt romney, tax rate.
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