Wednesday, January 25, 2012

2010 Tax Returns for Mitt Romney, Newt Gingrich and President Obama?

"A bank is a place that will lend you money if you can prove that you don't need it." ~ Bob Hope

The following are the raw tax numbers for the three top candidates researched and published by CNN:

Mitt & Ann Romney
Total Income: $21,661,334
Effective Tax rate: 13.9%

Newt & Callista Gingrich
Total Income: $3,162,424
Effective Tax Rate: 31.6%

Barack & Michelle Obama
Total Income: $1,795,614
Effective Tax Rate: 26%

Romney’s 13.9% Tax Rate Shows Power of Investment Tax Preference?