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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Bread Upon The Water who wrote (108111)1/25/2012 10:57:20 AM
From: brushwud  Read Replies (1) | Respond to of 149317
 
His effective tax rate (about 15%) is just less than one applied to us ordinary folk that make more than 70K (jumps to 25% above that)

You're comparing Romney's average rate with someone's marginal rate. The $70K individual doesn't pay anywhere near 25% (not even 15%) of $70K. But if Romney made one more speech for $60K, his marginal rate would be greater than 25%.