Voice of America: Romney Paid 14.1 Percent Tax Rate in 2011

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Romney Paid 14.1 Percent Tax Rate in 2011 Sep 22nd 2012, 14:59 Tax returns for U.S. Republican presidential nominee Mitt Romney and his wife Ann show the couple had $13.7 million in income last year. The returns, released by his campaign Friday, showed they paid more than $1.9 million in federal taxes, an effective tax rate of 14.1 percent. That is a lower rate than many Americans pay. But most of the Romneys' income was earned through investments, which in the U.S. are taxed at a lower rate than the wages of workers. Earlier in the year, the ... Media files: A724CFE4-7B4A-45F5-9377-54F60AE7DED9_cx0_cy4_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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