The Red Menace

Robert Reich: The Romney Tax Loophole

robertreich:

After refusing for weeks to release his taxes, Mitt Romney now says he’ll do so — by tax day, April 15. But the real news is what Romney has now admitted about his taxes.

It’s not how much Romney earns. Everyone knows he’s comfortably in the top one-tenth of one percent.

It’s how much he pays of…

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    gets “speaker’s fees...not very much.” (Last year, his “not very much” amounted

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