Romney Enjoyed At Most 87% Of His $21mm Income In 2010
"I paid taxes every single year" is how Mitt Romney retorts to Harry Reid's charge that he paid no taxes in some years. As Bloomberg reports, after review of his tax returns over the last decade, Romney always paid at least 13% of his income in taxes. Romney has released his 2010 return, which shows that he paid an effective tax rate of 13.9 percent on more than $21 million in income, most of it from capital gains and dividends.
"The fascination with taxes I’ve paid, I find to be very small-minded compared to the broad issues that we face," Romney told reporters adding that he is "waiting for Harry [Reid] to put up who it was that told him what he says they told him. I don’t believe it for a minute, by the way.”