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Greg Zacharias, CPA. Understanding Mitt Romney’s Taxes →. September 6, 2012. Welcome to my blog. I hope to use this space to answer frequent tax and business related questions as well as comment on current events that impact the business community. If you have any questions, please don’t hesitate to comment here or reach out via my website at http:/ www.zachcpa.com. South Tampa CPA specializing in working with individuals, small businesses and new business startups. You can also find him at google.
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Understanding Mitt Romney’s Taxes | TampaCPA Blog
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Greg Zacharias, CPA. Who are the 47% →. Understanding Mitt Romney’s Taxes. October 3, 2012. There has been a lot of discussion about Mitt Romney’s effective tax rate in the media during this presidential campaign. I’m not going to make a political statement, but I will explain how his rate can be that low in a way that I hope is simple and easy for everyone to understand. Adjusted Gross Income – $200,000. Less: Personal exemptions -7,400. Less: Deductions -11,600. Taxable Income 181,000. So, in summary, ...
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