Mitt Romney limited deductions, overpaid on $13 million income
This Mitt bit via Mail Online. How much do you want to bet, Harry Reid didn’t do the same? Nevada Republican to Harry Reid: Make our day, release your 2011 tax return
Mail Online: Mitt and Ann Romney deliberately paid more taxes than they needed on their $13.6 million income last year, it has been revealed.The presidential hopeful’s campaign released their tax records for 2011, showing he paid a total of $1.9million in taxes, giving him a rate of 14.1 per cent. They also donated just over $4 million to charity, double the amount of the Obamas.
It was also revealed that the Romneys deliberately limited deductions for charitable giving, meaning that they voluntarily paid more tax than legally required.