Romney says he pays about 15 percent in income tax

[Homeslice]

Originally Posted by udman

Start with the fact that, like Warren Buffett, Mr. Romney said he makes most of his money from investments, not wages or salary. Thus his income is really taxed twice: once at the corporate tax rate of 35%, then again at a 15% tax rate when it is passed through to him as dividends or via capital gains from the sale of stock.
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Who wrote this article? That statement is flat-out wrong and misleading.