Mitt Romney may have a lower effective tax rate than many middle-class Americans, but he’s still dreaming of ways to pay even less.
At a town hall-style event in Manchester, New Hampshire on Monday, the presumptive Republican presidential nominee told supporters that he could “save me some tax dollars” if he became a resident of the state, which doesn’t have a tax on W-2 reported wages.
“So many friends here in New Hampshire,” Romney said at the beginning of his remarks. “I feel like I’m almost a New Hampshire resident. … It would save me some tax dollars, I think.”
Ann and Mitt Romney own a $10 million lake house in Wolfeboro, New Hampshire, where the couple has been spending part of their summers for 15 years.
While New Hampshire does not have a tax on W-2 reported wages, the state does tax income from interest and dividends.
Romney’s joke about paying less taxes is somewhat surprising since the question of his taxes have dogged his campaign throughout the year. Senate Majority Leader Harry Reid (D-NV) has tried to goad the GOP hopeful into releasing more returns by suggesting that he had not paid any taxes during a ten year period.
On Saturday, President Barack Obama noted that under a plan offered by Rep. Paul Ryan (R-WI), the Republican vice presidential candidate, Romney would “pay less than one percent in taxes each year.”
Romney insisted to reporters last week that he had paid more than 13 percent of his income in taxes — or more if donations to the Mormon church were included — over the last 10 years, and accused the people who want to see his returns of being “small minded.”
During an interview with NBC, Ann Romney said that there would be “no more tax releases given” by the wealthy couple, but she also insisted that “there’s nothing we’re hiding.”
Weekly Standard editor Bill Kristol pointed out on Monday that it was “kinda weird” that presumptive Republican presidential nominee Mitt Romney’s tax rate was only around 13 percent when most middle-class people paid significantly more.
“I personally, if I were designing the tax code, would have a tax code in which Mitt Romney paid more than 13 percent, I would say, given what I know about the kind of investments he made money from,” Kristol told C-SPAN. “I think it just seems kinda weird that he pays a lower rate than an awful lot of middle-class people.”
Watch this video from CNN, broadcast Aug. 20, 2012.
Here are 7 wild, bizarre and pathetic moments from Trump’s ‘campaign launch’
On Tuesday night, President Donald Trump held a rally that was billed as the official launch his re-election campaign — though he has never really stopped holding campaign rallies.
As expected, the president ranted, lied, and engaged in the raucous attacks that are central to his connection with Republican voters. Some of it was actually just sad, such as his continued obsession with Hillary Clinton.
Here are seven of the wildest, disturbing and pathetic moments from the rally:
1. He said Democrats "want to destroy our country as we know it."
Trump casually accuses Democrats of "want[ing] to destroy you and they want to destroy our country as we know it." pic.twitter.com/4K79KlbEeR
British PM candidates clash over Brexit as Boris Johnson skips debate
Candidates to become Britain's next prime minister clashed over Brexit strategy at their first debate on Sunday but the frontrunner, Boris Johnson, dodged the confrontation.
The 90-minute debate on Channel 4 featured the five remaining candidates and an empty podium for Johnson, the gaffe-prone former foreign secretary and former mayor of London.
In sometimes ill-tempered exchanges, four of the five candidates said they would seek to renegotiate the draft Brexit divorce deal agreed with Brussels even though EU leaders have repeatedly ruled this out.
Michael Cohen ordered back to Congress on March 6
President Donald Trump's so-called "fixer" is being asked to return to Congress for more questioning on March 6.
Outside of the closed-door committee hearing Thursday, Cohen said that the House Intelligence Committee is seeking further information, according to Washington Examiner writer Byron York.
Michael Cohen finished closed-door testimony before House Intel Committee, says he's coming back for another session March 6. Again: No reason for secrecy. Transcripts should be released ASAP.
— Byron York (@ByronYork) February 28, 2019