Reply to Romney Paid 13.9% Tax Rate on $21.6 Million in Income.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Liberal hate of successful people. The food stamp president. [/quote]
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He may have made more money, but he inherited quite a bit of it.  It is easy to make millions into more millions.  I woinder how successful he would have been if he did not have the benefits of coming from a rich family.[/quote][/b]

According to PolitiFact, Romney did inherit some money from parents, but he didn't keep it.  He gave it to BYU to establish a school of public management in his father's name.

[url]http://www.politifact.com/truth-o-meter/statements/2012/jan/20/mitt-romney/mitt-romney-says-he-didnt-inherit-money-his-parent/[/url]

I believe the NYT reported that his parents gave him $42,000 to buy his first house.

He did have a comfortable upbringing and his parents probably paid for his education, but he's apparently much more of a self-made man than I had assumed. The new book that's out, The Real Romney, is quite interesting.

Romney certainly pays a low tax rate but it's perfectly legal.  Just as it was perfectly legal for Theresa Heinz Kerry to pay a low tax rate.  (We can argue that it isn't John's money but that's splitting hairs.)  The tax code needs to be changed.  I'm not sure how likely that is, however.  As someone pointed out upthread, there are plenty of very wealthy folks in Congress, on both sides of the aisle, who benefit from the current tax code.

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