Letters to the Editor

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ROMNEY: Who pays more than they have to?

Letter by lyle laws, puyallup on Jan. 23, 2012 at 1:37 pm | 40 Comments »
January 23, 2012 1:37 pm

I wonder how many of the people who are screaming about the percentage of Mitt Romney’s earnings that goes to pay income taxes pay more than the law requires them to pay. Or for that matter how many of them don’t have to pay any federal income taxes at all.

Over all, between the 15 percent he pays in personal income taxes and the 20 to 35 percent the Bain investment company pays in corporate income taxes before he receives his share of the earnings, in effect Romney actually pays about 35 percent or more on his total income.

Why are so many people (mostly Democrats, of course) so upset because someone made profitable investments and paid the full amount of taxes required?

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