Detailed text transcripts for TV channel - MSNBC - 20120811:08:20:15
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Was there ever any year when you paid lower than the 13.9%? >> well, i haven't calculated that. i'm happy to go back and look. >> happy to go back and look. that was this past sunday on abc. there has still been no word from mr. romney on whether he went back and looked. >> abc news reached out to the campaign today after romney's answer. a spokesperson would only reiterate, mitt romney has paid his taxes in full compliance with u.s. law, and he has paid 100% of what he has owed. >> so still no answer. that was monday on abc. two days later on wednesday, mr. romney still apparently has not giv...
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He paid $3 million in taxes. his entire income comes from where? well, investments in capital gains, dividends and interest. the maximum tax rate mitt romney could pay on his income is at 15%. but you also have to factor in $4.8 million he declared as a loss carried over from prior years. now, romney's final rate after deductions is at 13.9%. mitt romney says he doesn't know if he ever paid a lower rate than 13.9%. and senator john mccain says his campaign saw 23 years worth of tax returns? mccain said last month, i can personally vouch for the fact that there was nothing in his tax returns th...
Or at least it asks a rather outrageous question. >> was there ever any year when you paid lower than the 13.9%? >> i haven't calculated that. i'm happy to get back and look. >> did romney pay 10% in taxes? 5%? zero? we don't know. >> right. you don't know. but you are suggesting that he paid nothing in taxes anyway. in an official campaign ad that is running in four swing states on tv, you're paying a lot of money to get this message out there. no reaction from the romney campaign so far. >> just as senate majority leader harry reid offered no evidence other than heresy that romney paid zero ...