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Thread: Romney's Tax returns Lol.
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08-01-12, 07:32 PM #1Romney's Tax returns Lol.
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Romney campaign spokeswoman Andrea Saul stated last week that “there has been no year in which Romney paid zero taxes”. In 2008, this was true. He earned $23,425,316 and paid $412.18 in federal income taxes. This calculates to a federal tax rate of 0.0018%. How did Romney get his tax burden so low? According to his return, he had approximately $23,407,000 in itemized deductions. These deductions ranged from $78,923 for “Toupee Creators Unlimited” and $41,826 for “Spray-on tan services” to a $3.8 million dollar write-off for a trip to Las Vegas with potential campaign donors.
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