Since Mitt Romney has yet to fully disclose his effective federal tax rate, the best we have to go off of is this statement from 1/17/12: “It’s probably closer to the 15 percent rate than anything.” While it could easily be lower than that, it still provides a good way to put the absurdity of our current tax code into context. Two things to keep in mind while looking at the chart below:
1.) The Median net worth of an American family is $77,300.
2.) Mitt Romney’s net worth is estimated to be somewhere in the neighborhood of $200 million.
So, how does your tax rate stack up?
Read more: http://upworthy.com/chart-do-you-pay-a-higher-tax-rate-than-mitt-romney
CHART: Do You Pay A Higher Tax Rate Than Mitt Romney?
chart, economy-recession-labor-jobs, economy., politics, Romney, shocking
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