Romney’s Tax Plan Would Save Him $5 Million
If Mitt Romney becomes president, he saves $5 million.
According to an analysis from Citizens for Tax Justice, 2012 GOP presidential nominee Mitt Romney would save himself $5 million in taxes in 2013 by winning November’s election (assuming he could get his tax plan enacted into law).
Under his plan, Romney’s tax rate would fall from its current 14.7 percent to 13.1 percent, while under Obama’s tax plan, Romney would pay a 34.3 percent rate. The difference in these rates means about $5 million for Romney’s tax bill.