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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums$60k a day!!!!!?
$60k a day!!!!!?
Mitt Romney Tax Returns Released: Paid Just 13.9% Rate In 2010, Had Swiss Bank Account
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$42.5 million in income translates to roughly $60k a day, more than most Americans make in A YEAR. There's rich, and then there's ridiculously rich. Especially when your vast wealth has come at the hands of the employees of the companies you own.
http://www.dailykos.com/story/2012/01/24/1057835/-Breaking:-Mitt-Romney-pays-139-tax-rate,-earned-$60k-a-DAY-(UPDATEDX2-with-full-returns)?via=siderec
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Key passage from Reuters story ...
Romney kept a Swiss bank account until 2010, when he closed it because it posed a "political liability":
Romney advisers stressed that the holdings in the Caymans -- along with those in a Swiss bank account that was closed in 2010 after an investment adviser decided it could be politically embarrassing to Romney -- were reported on tax returns and were not vehicles to avoid taxes.
http://news.talkingpointsmemo.com/2012/01/romney-reports-tax-bill-of-62-million-for-2010-11.php?ref=fpblg
FULL RETURNS HERE:
http://mittromney.com/learn/mitt/tax-return/main
Hugabear
(10,340 posts)Nobody - and I mean nobody - needs that much money. Especially when there are so many people living in poverty, struggling to find enough to eat, take care of their families, or even find a place to sleep at night.
liberal N proud
(60,334 posts)Most Americans don't make anywhere near $60K a year.
Voice for Peace
(13,141 posts)truly.
Ian David
(69,059 posts)Instead, he hoarded it in a Cayman Islands account.
limpyhobbler
(8,244 posts)He has the nerve to claim taxes are too high. Everybody can see right through this guy.
LynneSin
(95,337 posts)Just think about it - Mitt could keep one month of his yearly salary ($1,800,000) still be a millionaire and then help 335 families by giving them each 60K to help raise their family
progressoid
(49,978 posts)riiiiiight.