How do you feel about Romney paying so little tax on his income, should the rich have to pay what you pay?
Republican presidential candidate Mitt Romney has released his full 2011
federal income tax returns, fulfilling a commitment he made earlier this year.
Brad Walt, the trustee of the Romney’s blind trust, said the Romneys paid
$1,935,708 in 2011 taxes on $13,696,951 in income. He said the Romneys’
effective tax rate for 2011 was 14.1%.
Also in the release, Walt said that during the 20-year period between
1990-2009, the Romneys paid an average federal tax rate of 20.2%.
In January, Romney released a summary of his 2011 taxes. In it, he and his
wife, Ann, originally said they filed a joint 1040 reporting a joint income of
$21 million and a tax bill of $3.2 million.
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