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Mitt Romney Says He’s Paid at Least 13% in Taxes Over the Past Decade

by / August 17, 2012 Politics 2 Comments

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Presidential candidate Mitt Romney swears to the public that he has paid at least 13% of his income in taxes over the last 10 years. He made the announcement to debunk the rumor circulated by Senator Harry Reid that he hasn’t paid any taxes over the last decade.

Mitt’s wife Ann, adding fuel to the rumor that the two have something to hide, says that they are not going to discuss the tax issue any further in public.

President Obama has consistently attacked Romney on the tax issue, noting that he only paid 14% in taxes on the $20 million he earned in 2010, reminding many Americans that this is part of the reason that the US government has trouble paying its bills.  President Obama and the Democrats are asking wealthy Americans to pay a larger share of taxes so that they can manage the growing federal debt.  Republicans are instead asking for spending cuts.

Romney was asked about the tax issue again at a recent press conference, and here is what he had to say:

“I just have to say, given the challenges that America faces — 23 million people out of work, Iran about to become nuclear, one out of six Americans in poverty — the fascination with taxes I paid I find to be very small-minded,” he said.

“Over the past 10 years, I never paid less than 13%,” he said. “I think the most recent year is 13.6 or something like that.”

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james

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  1. Obama, the federal budget is trillions of pounds. The fact that one man may be evading his tax has nothing to do with the issue. Romney is not earning trillions, he is earning millions. Even if he did pay, you would still have trouble with your bills.
    I don’t agree with Romney’s evasion of the issue, but you shouldn’t make comments like this, when they are so obviously wrong.
    Of course the Republicans would ask for cuts so they can keep more of their wealth, and others should fall into poverty. However, it would be wrong to suggest that all Democrats wish to see taxes raised onthe wealthy. This is a good idea, and I agree with Obama’s endorsement of it.

    • Romney’s evasions of the tax issue is only a symptom of the problem in which wealthier individuals evade tax responsibility by skirting the issue and/or claiming less income than they actually accumulate. The tax breaks that have been instituted by the republicans have all led to deficits within the U.S. economy, however most don’t recall those particular issue and continue to vouch for the trickle down effects even though time and again, it has proven ineffective.

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