Saturday, December 31, 2011

What Mitt Pays in Taxes

Mitt Romney is the Republican presidential contender whom the Powers-That-Be want. They want him to win the primaries because the other Republican candidates are mostly weird (so weird that I haven't had much heart to write about their weirdness) and have little chance of beating Obama. Then, of course, both Romney and Obama would be good corporation boyz.

A website supposedly tells us how much less Mitt Romney pays in taxes. I say "supposedly" because I have not checked if Romney indeed gets most of his income from sources which are taxed at as little as 15%. Still, it's quite correct that income from capital is taxed at lower rates, in general, than income from labor. Put that in your Marxist pipe and smoke it!