As you scramble to get your taxes ready for tomorrow’s deadline, you could take the Mitt Romney example, and file an extension. Yes, Mitt Romney, with all his millions, apparently couldn’t hire someone to figure out all his loopholes in time. That must be a lot of work, collecting all of Romney’s income information. Maybe it even requires a trip to the Caymans.
Speaking of loopholes, how does your tax rate compare to Mitt’s? Remember, in 2010 (the best year we have for comparison because Mitt won’t release any other), Romney’s rate was 13.9. I bet yours is a lot higher. A lot.
What’s really fun is that Romney pays a lower rate than about 11 percent of the other millionaires in his tax bracket. So, among all the millionaires with a very low tax rate, Romney has one of the lowest of all! At least, as far as we know, since he won’t release most of his tax returns, (to the American people; John McCain got 23 years’ worth when he was vetting him for vice president).
So, as you pay your 30 percent or more in taxes, you can at least take comfort in the fact that you’re far more patriotic than Mitt Romeny, when it comes to sacrificing for your country.