Jan 21

When asked what his tax rate is, Romney responded “15%.” No surprise, this is the rate for dividends and long term capital gains. This isn’t likely to go away, as those with money make big donations to the campaigns of the congressfolk who make these laws. Thus the old line, “Is that a congressman in your pocket or are you just happy to see me?”

written by Joe \\ tags: , ,

2 Responses to “The Fifteen Percenters”

  1. Chuck Says:

    I make 80k a year and pay a lot more then 15%…Bull sh@%

  2. Investor Junkie Says:

    @Chuck: Do you really? What is your effective tax rate (just Federal). Unless you are single, don’t own a house and no children, it is likely you pay much less than the actual tax rate.

Leave a Reply