Quote:
Originally Posted by Sundae
Romney's tax records made the news today in the UK.
Am I missing something here?
How is it possible for someone to earn $21 MILLION and only pay $3 million in tax?
7%?
7% if you're on minimum wage feels like an awful lot.
7% of millions is small change. It's money you cannot possibly spend OR EARN rationally.
Especially when you have the money to manage your money.
It seems I know very little about America.
And almost nothing about American politics.
Because I find that appalling.
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Please note.
Your numbers are on target but your arithmetic is wrong. 21/3=7. True. But 7 is not 7 percent. If you turn it around... 3/21, you get .14 ish. 14 PERCENT.
Carry on.