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Mitt Romney Tax Rate A Mystery

"Mitt Romney could not say today whether he had ever paid a tax rate lower than 13.9 percent, saying he would have to "go back and check." In an exclusive interview with ABC News' David Muir to air tonight on World News, Romney was asked if there has ever been a year when he paid less than 13.9 percent, the rate he paid in 2010...".* The Young Turks host Cenk Uygur breaks it down.

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Added: Jul-31-2012 Occurred On: Jul-30-2012
By: Ripper727
In: Politics
Tags: The Young Turks, Cenk Uygur, Mitt Romney, tax, 2012, GOP, Tea Party,
Location: United States (load item map)
Marked as: approved
Views: 1909 | Comments: 19 | Votes: 1 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • When will people ever understand, this is the tax rate on capital gains. I assure you he was taxed well over 50% when working but when you invest your hard earned money into stocks, bonds or other entities.. and make money from it, you are taxed by the government at a lower rate. WHY? Cause it is your money being invested and the government wants you to invest it.

    This is so simple yet people will not take the time to understand tax law and the simple taxing percentages of capital gains. More..

    Posted Jul-31-2012 By 
    bigair (531.00)  

    (3)

    • @bigair

      Cenk Uygur said Woodrow Wilson was a Republican on the air.

      He's a clueless lefty talking head.

      Posted Jul-31-2012 By 
      jum_runky (1524.14)  

      (1)

    • @bigair
      The libs understand plenty. They just don't want reality to get in the way of a good bit of propaganda.

      Proof? Every rich, 1% lib does exactly the same damn thing. From Pelosi to Gore to Bono and every inch of Hollywood in between.

      Posted Jul-31-2012 By 
      copperdog3 (1036.74)  

      (0)

    • @copperdog3

      Well I think you assume too much. My liberal friends don't even read the constitution. I do believe the liberal media understand but no way the liberal, Obama voting general public. NO WAY NO HOW!!

      Posted Jul-31-2012 By 
      bigair (531.00)  

      (-1)

  • Good for Romney for having smart accountants to make sure as much of his money goes where it can best be distributed... himself, and not wasteful and fraudulent govt.

    Posted Jul-31-2012 By 
    trubrewman (84.10)  

    (2)

    • @trubrewman On the bank. being dead capital.. you guys dont even have money to maintain your infrastruscture. What a shock I had when I went to the us.. 12 years ago.

      Posted Jul-31-2012 By 
      Nazel_Hut (2722.40)  

      (1)

    • @Nazel_Hut

      more than 2/3rds of our dollars are spent on social welfare programs that don't work, and are bankrupting us. Infrastructure spending is just code for don't take away our hand-outs. If our infastructure were crumbling it's not because people don't pay their fair share, it's because government waste the money given to them.

      Posted Jul-31-2012 By 
      tsnwi (290.90)

      (1)

    • @tsnwi Obamas fault? (just curious)

      Posted Jul-31-2012 By 
      Nazel_Hut (2722.40)  

      (1)

    • @trubrewman
      That's a damn fact. Well said.

      Posted Jul-31-2012 By 
      copperdog3 (1036.74)  

      (0)

  • Some go get mitt a muzzle

    Posted Jul-31-2012 By 
    yourboss (201.50)  

    (2)

  • Is this seriously all these guys have?

    Sad.

    Posted Jul-31-2012 By 
    jum_runky (1524.14)  

    (1)

  • I ever don't know if *I've* ever paid a tax rate lower than 13.9% and frankly, my dear, I don't give a damn one way or the other so why should I care about somebody else?

    Posted Jul-31-2012 By 
    TMoray1 (734.56)  

    (0)

  • Comment of user 'jgmurj' has been deleted by author!

  • Pathetic...

    Posted Jul-31-2012 By 
    jmpcrunch (39.66)  

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  • The big O could not say today whether he had ever passed even one damn class during that high-priced, one percenter, ivy league education he received.

    Posted Jul-31-2012 By 
    copperdog3 (1036.74)  

    (0)

  • 0:54

    That's not what he said. Romney said that if he paid more than was necessary, he wouldn't be qualified because paying more than what is required to a corrupt, wasteful government is admittedly stupid.

    And he only paid that rate because it is capital gains rate rather than income tax and the government has an interest in seeing you invest money. When he was CEO and had a job, I'm sure his taxes were very high.

    Posted Jul-31-2012 By 
    cswartz (1141.20)  

    (0)

  • Romney and Ryan........ laurel and Hardy of the 21st century

    Posted Aug-25-2012 By 
    1amazed1 (28.10)  

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