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Saturday, 18 August 2012

Info Post

Demon Eyes released 2 years of tax returns and here's a taste of what's in them:
Ryan’s tax returns, released through Mitt Romney’s campaign, show that he paid $64,764 in taxes on $323,416 of adjusted gross income in 2011. He and his wife paid $34,233 in taxes on $215,417 of adjusted gross income in 2010.

Just over half of the couple’s income came through Ryan’s congressional salary, according to the returns, with the other amounts coming from a variety of investments, including rental real estate, partnerships, and trusts.

The Ryans donated $12,991 to charity in 2011, and $2,600 to charity in 2010. Those contributions went to such groups as the Boy Scouts of America, Junior Achievement, and Women and Children’s Horizons, according to the campaign.

Although Ryan’s income is larger than what the average person makes, his tax returns are fairly straightforward and would be familiar to most Americans, unlike Romney’s returns, which illustrate the complexities of the US tax system.
Interesting, to say the least.

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