So he posted his returns and turns out as one of America's most wealthiest people, he pays about half the tax rate that I do as an average American tax payer (31%). Is this important for a presidential candidate in relation to his or her ability to be chief executive? Is it a good thing since he obviously knows how to mange money for a profit or a bad thing since he has no concept of what ordinary constituents do or how they live?
Romney paid $3M in federal income tax in 2010
I think this bothers me the most:
Romney paid $3M in federal income tax in 2010
I think this bothers me the most:
Thoughts?For example, Romney keeps some of his personal fortune in investments that are domiciled in the Cayman Islands, where many international investors shelter their income from American taxes. Romney aides say he doesn't use the funds to avoid or put off paying the appropriate taxes.