According to Matthew O'Brien - associate editor at The Atlantic - under Paul Ryan's plan, Mitt Romney would only have to pay 0.82% in taxes. The only full year of taxes we've seen from Romney was from 2010, where he paid 13.9%. Under Ryan's plan, he'd only have to pay 0.82%. That means of the $21,661,344 he made that year, he'd have to pay only $177,650. Why? Because Ryan wants to eliminate all taxes on the following: Capital gains, interest and dividends and most of the $21,661,344 Romney made were from capital gains, interest and dividends. He did make $593,996 for speaking fees and books he's authored. So, why did Romney choose Ryan as his running mate? Because he's a young, attractive, up-and-coming member of the party? Sure. Those may all have been factors. However, it's difficult for me to look past that number - 0.82%. Many thought 13.9% was too low as it is. That's about 17 times the amount Romney would have to pay under Ryan's plan. If I were a member of the Obama team, I'd be repeating this number over and over and over again to showcase just how drastically different the two parties are and to say, "See? We told you they (the GOP) only care about the top 1%. The bottom 99%? We're with you!"
http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/
http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/
Comments
Post a Comment