Mitt "14 Percent Tax Rate" Romney

[Pirate Smile]

Mitt "14 Percent Tax Rate" Romney

Huckabee's dig at Romney as the man who laid you off has stuck. As Michael Scherer points out, the Buffet tax would definitely apply to Mitt:

Romney, a wealthy man whose income mostly comes from long-term investments, is exactly the sort of “millionaire and billionaire” that Obama likes to hold up for scrutiny, since the source of Romney’s income allows him to pay a lower percentage of his money to the federal government each year than many middle-class wage earners.

Romney is estimated to have paid 14% of his gross income in taxes in 2010, a lot less than the 35% rate that many Americans pay. Greg Sargent thinks it's one of Romney's unexplored vulnerabilities. Evan McMorris-Santoro doesn't see the issue going away:

Romney has been attacked over his wealth (and the way he made it) in the past. This time around, Romney’s still playing up his business credentials, but also casting himself as “unemployed” and a member of the middle class. He’s also hopped on the class warfare train as progressive protests on Wall Street and other places have spooled up. ... And the estimated 14% tax rate Romney paid last year makes him perhaps the perfect foil for Obama’s populist push.

http://andrewsullivan.thedailybeast.com/2011/10/romney-still-the-guy-who-laid-you-off.html

[Hippo_Tron]

1. People keep saying that Romney is the strongest candidate

I think he's one of the weakest. I thought so last time, as well.