Exactly how much is Mitt Romney worth? Hard to say.
The estimates, even from the candidate and his own campaign, are all over the map. Asked point blank on Wednesday during an interview with Univision, Romney described his net worth in very general terms.
It’s hard for most of us to imagine being worth a few million dollars. That’s serious greenbacks, putting us beyond worry and squarely in the land of comfort. But if we were Mitt Romney, who is worth a quarter-BILLION dollars, that would be chump change.
The answer is that Romney's earning was taxed at a corporate level and then again as it was distributed to him as a capital gains tax. Correspondent John Berman spun the Republican candidate as out of touch: "Mitt Romney earned more than $42 million over the last two years. Earning in a day, roughly, what the median American makes in a year." Read more....
The estimates, even from the candidate and his own campaign, are all over the map. Asked point blank on Wednesday during an interview with Univision, Romney described his net worth in very general terms.
It’s hard for most of us to imagine being worth a few million dollars. That’s serious greenbacks, putting us beyond worry and squarely in the land of comfort. But if we were Mitt Romney, who is worth a quarter-BILLION dollars, that would be chump change.
The answer is that Romney's earning was taxed at a corporate level and then again as it was distributed to him as a capital gains tax. Correspondent John Berman spun the Republican candidate as out of touch: "Mitt Romney earned more than $42 million over the last two years. Earning in a day, roughly, what the median American makes in a year." Read more....
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