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View Diary: Mitt Romney's tax rate is less than 15% despite earning $42.5 million (185 comments)

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  •  Probably not much (7+ / 0-)

    But in the end I'm sure he benefitted from the bailouts, like most of the 1%, and came out unscathed and resumed raking it in at pre-boom rates thanks to Geithner's stabilization of the credit markets. He should be thanking President Obama profusely for the money he's made since 2009.

    "All governments lie, but disaster lies in wait for countries whose officials smoke the same hashish they give out." --I.F. Stone

    by Alice in Florida on Tue Jan 24, 2012 at 08:26:29 AM PST

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    •  He probably took a lot of "capital losses" which (0+ / 0-)

      are deductible.

      "Mistress of the Topaz" is now available in paperback! Link here: http://www.double-dragon-ebooks.com/single.php?ISBN=1-55404-900-8

      by Kimball Cross on Tue Jan 24, 2012 at 09:37:23 AM PST

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