Mitt’s Daily Take vs. Mine

FACTOID: Based on his recent income tax returns, Mitt Romney earns at the rate of $57,000 per day on invested income. Invested income is considered capital gains and is only taxed at a 15% rate. Romney’s effective tax rate was slightly under 14%. Using a simple math function found at Slate.com I determined that Romney makes in just 9 hours what I make in an entire year. It would take me 902 years 6 months 20 days 10 hours 33 minutes and 36 seconds to make what Mitt made in 2010 alone.

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