mittromneytaxes

How Can You Get Mitt's Tax Rate? (Hint: You Can't)

Amid all the chatter about Mitt Romney's high income and low taxes, many have wondered why more Americans don't take advantage of those attractive capital gains rates. The answer is that most people can't -- at least not on a level large enough to make a difference in their finances.

Romney's Best Tax Break: Let's Talk 'Carried Interest'

Mitt Romney paid a lower tax rate on his $21.6 million income in 2010 than the average U.S. family. It's no secret how: He made his money from investments, not wages. But even people who favor low capital gains taxes might not approve if they understood more about a neat little income category he benefited from called "carried interest."