Republican presidential candidate Mitt Romney reportedly paid about $3 million in federal income taxes in 2010 on income of $21.7 million.
Romney's tax returns show most of his income came from investments. He also gave nearly $3 million combined to charitable causes and the Mormon Church, helping reduce his effective tax rate to less than 14%.
On the other hand
Gingrich and his wife, Callista, paid $994,708 in federal taxes on gross income of $3,142,066 in 2010, according to copies of the couple's return. The 31.5% tax rate paid by the Gingriches is more than double the amount that Romney reportedly paid on his much larger income.
We do not want to elect a president a person that does
what he needs to lower his tax bill. Every one should pay
their fair share.
