Thursday, August 23, 2012

Here are a few inconvenient facts and some quick math resulting from the latest class-warfare ads from the Democrats and President Obama.

Democratic complaints that Mitt Romney made $20 million in 2010 and paid only 14 percent in taxes sent me to my handy calculator.

Paying 14 percent means Mr. Romney would have sent $2.8 million to the U.S. Treasury. Using the Census Bureau estimate of 2010 median income in the United States of $51,000, the average taxpayer (without deductions) paying 14 percent would owe $7,140 in taxes.

That means Mr. Romney alone paid the same amount of money in taxes as nearly 400 average taxpayers paying the same rate. Thank you, Mr. Romney.

ROBERT A. POGGI

Alexandria

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