Ryan’s budget would almost zero our Mitt Romney’s tax liability. “Don’t believe it? Romney himself said so, just a few months ago. The Ryan plan..’promotes saving by eliminating taxes on interest, capital gains, and dividends; also eliminates the death tax.’ Mitt Romney’s income — more than $20 million each of the past two years — comes almost entirely from capital gains on his investments, or from ‘carried interest…if the capital gains was eliminated altogether? Well, let’s let Romney explain the result in his own words, as he did at an NBC primary debate in January…’Under that plan, I’d have paid no taxes in the last two years,’ Romney said, alluding to the fact that all his income is from investments.” Alec MacGillis in The New Republic.
Monday, August 13, 2012
Mitt's kind of guy
No wonder he's embraced him AND his budget plan: