Romney Estimates He Pays 15% Tax Rate, Returns Coming Out
When Romney said his hundred of thousands of dollars in speaker’s fees are “not very much,” he acknowledged paying about 15% in taxes.
“What’s the effective rate I’ve been paying? It’s probably closer to the 15 percent rate than anything,” Romney, a GOP presidential candidate, said. “My last 10 years, I’ve — my income comes overwhelmingly from investments made in the past rather than ordinary income or rather than earned annual income. I got a little bit of income from my book, but I gave that all away. And then I get speaker’s fees from time to time, but not very much.”Click here for reuse options!
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