Chris Wysocki
WyBlog
22 September 2012
Much hay has been made over Mitt Romney’s tax returns. Harry Reid was outraged! that Romney hasn’t released every tax return he ever filed, all the way back to his first paper route at the age of 11. And liberals across America are peeved because the Romney’s effective tax rate is “only” a tad over 20 percent…
…And not for nothing, but another famous American couple also enjoys the benefits of a 20 percent tax rate. You may have heard of them — Michelle and Barack Obama.
“Over the entire 20-year period, the average annual effective federal tax rate was 20.20%,” the Romney campaign states, based on a summary of Romney’s taxes from the firm Price Waterhouse Cooper.
President Obama’s tax rate in 2011 was only marginally higher, at 20.5 percent.
Welcome to the One Percent, Mr. Obama…
Read the complete article at WyBlog.
