Coming to Kindle and Smashwords

Coming to Kindle and Smashwords
November 2013

Aug 12, 2012

Mitt Romney's tax bill under Paul Ryan's budget? 0.82% (Your taxes will probably go up, though)

  Paul Ryan wants to kill all tax on capital gains, interest, and dividends -- income you get from owning things, rather than doing a job. Under this plan, Mitt Romney's $21,000,000 in 2010 income would be largely tax-exempt. Only his speaking and author fees -- $593,996 -- would be taxed, and only at 25%, for a net tax of $177,650 on $21,661,344 -- that is, 0.82%.

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