操，Romney 只交13%的tax for 13M

superxy

Romney Releases 2011 Tax Returns; Paid $1.9M on $13.7M
让中产情何以堪。。。

dsp

He is game over. Lucky oB

silicon_beaver

snowrider

真是 窮人還是窮 富人越來越富 苦的是中產階級 - 到最後變得做窮人才享福 ... 到最後變得全面共產 而財富集中在少數人手裡 ... 沒救了!

greenback

Now you see the power of the 15% tax rate on long-term investment return.

The beauty in his scheme is that he can realize millions long term profit per year. It's impossible for middle class to do.

Seawave

The percentile headline is misleading. He made more than 4 million charitable donations and only used about half of it for tax deduction (I see the other unused half  as a pure donation to the US Government),  let alone the 15% long-term tax bracket is a law.

ddd

The real problem with Romney's tax is not just the tax rate. It's his ability to profit from political power and to retain the profit through a tax shelter.

1) The majority of Romney's wealth is in his IRA account, valued in between $100M and $200M. Not just an "Traditional" IRA, but a "Self Directed" IRA, through which he can invest in "businesses" directly.

2) By rules, an individual can only "save" $5000 ($6000 over age of 65) per year into his IRA account. So over a period, say 35 years, Romney could contribute a maximum of $180,000 into his IRA. If his account value is $180M currently, he has managed to make x1000 type of profit so far, tax deferred.

3) He pays tax only on "distribution" (money taken out of IRA) from his account. And the distribution is counted as "ordinary income", not "capital gains".

The real question to be asked is how Romney could have accumulated his wealth so quickly through his political career. Maybe 官僚资本主义 is at play, just like so many Chinese officials, and Romney may have dwarfed 薄熙来、谷开来 after all.

silicon_beaver

ddd 发表于 2012-9-23 11:51 AM
The real problem with Romney's tax is not just the tax rate. It's his ability to profit from politic ...

--- Romney may have dwarfed 薄熙来、谷开来 after all.   

cat2011

jamesmith

ddd 发表于 2012-9-23 01:51 PM
The real problem with Romney's tax is not just the tax rate. It's his ability to profit from politic ...

wow, that's impressive. How did he get so much on his IRA, isn't there a limit?

jamesmith

silicon_beaver 发表于 2012-9-23 02:56 PM
--- Romney may have dwarfed 薄熙来、谷开来 after all.

hehe...in US rich gets richer playing the rules of US tax...in China, rich gets richer by corruption  -_-