Lukey
Senator
Here in Pennsylvania, we pay a 2.8% income tax. And we also pay a 6% state sales tax. Would anyone on the left want to try and make the case that my total tax obligation to Pennsylvania is "only" 2.8%?
That's exactly what you do when you say Mitt Romney's tax rate to the IRS is "only" 13.9%. The companies he has invested in (owns) also pay (on average) 27%. How is that not just another source of taxes from Mitt Romney (and evey other person who owns shares in a public company)?
That's exactly what you do when you say Mitt Romney's tax rate to the IRS is "only" 13.9%. The companies he has invested in (owns) also pay (on average) 27%. How is that not just another source of taxes from Mitt Romney (and evey other person who owns shares in a public company)?