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Old 09-26-2012, 05:36 PM  
Minte
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Join Date: Jun 2001
Location: Madison
Posts: 7,081
Quote:
Originally Posted by Adraco View Post
But it is a difference in how the money is earned. For Romney to pay such low taxes, is because an absolute majority of his income is from his already earned capital working for him, so it's capital gains tax, which is lower than tax on labor.

Had he earned as much money as a normal salary, then he would have paid much more in taxes. The big difference between people, are those who can hoose how they want their income to be paid out and those who can't.
He paid $2m in tax. That is real money, Not percentages,not talking points but $2m in real hard cash.
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