Last week under question, he relented and suggested that in the recent past, he had paid in taxes "probably closer to the 15 percent rate than anything."
Today his campaign released a couple of older tax returns. As the NYT noted, Romney actually "paid an effective tax rate of slightly below that of nearly 14 percent."
And ironically, with proof of his indifference to the tax rules and dodging that separate the millionaires (like himself) from the rest of us who earn salaries and cannot benefit from such perks, he proclaimed that "I'm proud of the fact that I've paid a lot of taxes."
He really doesn't get it. That silver spoon has been in his mouth so long, he must have thought that it was natural.
But then again, neither does Newt Gingrich, who supports a zero capital gains tax to "match the Chinese".
Newt's selling Reagan's trickle-down theory, yet again.
Right now it's a tossup in my mind, whether or not we should allow Republicans to take over government again. I think they've finally got enough Tea Party folks who don't know a damned thing about macroeconomics, to truly push for the libertarian theory of austerity through. But if they're successful, we may yet see the collapse of the Republican Party, under the weight of reality of their theories. They keep talking the big picture, but when you zoom out far enough, you can see how we have capital gains taxes lower than income taxes and income taxes at a century-long low, but a growing federal debt and a slow-to expand economy...and I'm talking about the economy under George Bush.
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