Democrats have been accusing Romney of not paying any income taxes or of hiding something in his finances. So the Republican presidential nominee has released his 2011 returns. It turns out, he paid 14.1% of his income to the government. And he paid 30% to charity. He didn’t even claim all of the charitable deductions he could have!
He also submitted a letter from his tax accountants, PriceCooperWaterhouse, saying that between 1990 and 2009, his average taxrate was 20.2% and that he never paid less than 13.66%.
So much for the Democrats’ tactic of trying to demonize the guy over his taxes, though the Washington Post
article giving the details takes a strangely negative tone (saying how his taxes “would have been” only 10% if he took all of his deductions, that he could amend his return at any time, that we still don’t know the flow of his investment income, and other irrelevant attempts to put the worst construction on facts that are all to Romney’s credit).
via Mitt Romney releases tax return for 2011, showing he paid 14.1 percent tax rate – The Washington Post.