Romney says he pays about 15 percent in income tax

[shmike]

Originally Posted by EpyonXero

Most of Romneys money comes from Bain Capital carried interest. This isnt interest from something Romney purchased in the past with his own money, this a cut of the profits from his companys earnings thats he is paid in compensation for work he did, in other words a salary. He only pays tax on it one time and its 15%.

Carried Interest is the perfect example of getting paid only when you make your company/clients money.