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Johnny Abnerscransky
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Clint - Initial Comment
Taxes 101
The initial Money Mitt made was taxed at the US Federal Corporate Tax Rate of 15% to 35%
http://goo.gl/F5BvB
The money Mitt made the last several years was taxed at 15%
The US Capital Gains Tax Rate
http://goo.gl/Mbmu1
This initial money had already been taxed at the Federal Rate. The money then was risked by Mitt, being re-invested in companies that made happened to make a profit. The profit made is called a "Capital Gain", which is taxed at 15%
So... Add the initially taxed money, (taxed @ 15% to 35%); to the money that was taxed, as capital gains profit @ 15%
= 40% percent that Mitt Romney -- "gave back to the community"
Gingrich, unlike Romney, wants to completely eliminate taxes on capital gains. The result: Romney’s tax bill would drop from an estimated $6.4 million in 2013 to just $75,000. http://goo.gl/ikJss
Clint, I appreciate the fact that you are an "average person"!
This is why you are not running for office, and he is.
- Johnny
Mitt Romney: I'd love to convince people I'm Latino, 'particularly in a Florida primary'
Mitt Romney fielded questions from Univision anchor Jorge Ramos at the Spanish-language network's "Meet The Candidates" forum at Miami-Dade College. Later he took a handful of questions from the audience. Total time was about 22 minutes: Q: "You only paid 13 percent of taxes while most America...
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Jan 25, 2012
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