Detailed text transcripts for TV channel - MSNBC - 20120922:03:30:00
It turns out being unemployed pays pretty well, if you're mitt romney. he released his 2011 tax returns in a late friday news dump. he paid $1,935,708 in taxes. his effective tax rate was 14.1%. would you like to have that rate? the romneys also donated to their credit $4 million to charity in 2011 and claimed a $2 million deduction on those contributions. romney chose to limit his deductions. if he had taken full deductions, his tax rate would have been somewhere around 9%. that probably wouldn't have fared very well with the american people. romney also released summaries
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