'Soros Media' Wrong On Two Fronts
The national pamphleteers--continuing to carry the 'owe-bama water'--are not only misconstruing the facts, they're outrightly LYING!! they're accusing Mitt Romney of not paying enough in taxes with his admitted 15% tax rate. Not only that, they're reporting that Romney is the richest American to ever run for president!! As full disclosure I must admit that Mitt Romney IS NOT MY GUY; I just haven't made up my mind as to the 'best in the field.' I'd vote for him as a McCain-esque "nose-holder," but that's the only way!
The Soros media isn't considering one important fact: Romney's income is primarily unearned income, from dividends and interest income. By law, the rate for unearned income is 15%. What they're not reporting is that the invested funds earning that 15% has previously been taxed as 'earned income,' probably in the neighborhood of 35-40%!!
While Mitt has substantial net worth, he's far from the richest man to run for the office of the president; that dis-honor goes to John Heinz Kerry--who served in Viet Nam!! Mister Heinz Kerry--in his 2004 tax return release--admitted to a net worth in the neighborhood of $700 million to $1 Billion!! Mister Romney is no-where close to that!!