Aug. 17, 2012 4:20 p.m.
Paul Ryan and his wife, Janna, paid an effective tax rate of 15.9% in 2010 and 20% in 2011, according to tax returns provided by the Romney-Ryan campaign to the Journal Sentinel on Friday.
In 2010, Ryan and his wife paid $34,233 in federal taxes on $215,417 of adjusted gross income.
In 2011, they paid $64,764 in federal taxes on $323,416 of adjusted gross income.
A little more than half of the Ryans' total income in that two-year period came from the congressman's congressional salary.
But the couple also earned significant outside income from dividends, capital, real estate and other sources.
For example, in 2010, the couple reported $39,013 in income from "rental real estate, royalties, partnerships, S corporations, trust, etc....
They don't care about transparency. Ryan simply mirrored the same standard as Romney. Now, Thompson is refusing to release any tax returns. That is the type of leadership Romney/Ryan propagate. The lead in opposition to the American people, that will not stop, it will only get worse and we will see more and more exploitation of our democracy if elected.
John Kraus
press@tammybaldwin.com
414-939-8376
Facing calls to release his tax returns, (click here) Thompson desperately clings to discredited poll
Thompson Campaign Attempting to Distract From Thompson's Blow Up On The First Day of the General Election
MILWAUKEE – John Kraus, Tammy Baldwin For Senate Communications Director issued the following statement in response to the Thompson campaign's desperate attempt to discredited Republican poll to distract the media and voters from the fact that Tommy Thompson refuses to release his tax returns and supports cutting taxes for millionaires like himself while raising taxes on Wisconsin's middle class.
"In the face of calls to release his tax returns, and after a testy and rattled exchange with the Wisconsin press corps on the first day of the general elction, Tommy Thompson is trying to distract voters by clinging to a widely discredited pollster who used to work for George W. Bush," said Tammy Baldwin for Senate Communications Director John Kraus, "Thompson can try to dodge and distract all he wants but the people of Wisconsin want to know why Tommy won't release his tax returns at the same time he is calling for tax breaks for millionaires like himself and tax increases for the middle class."...
By Seth Hanlon |
press@tammybaldwin.com
414-939-8376
Facing calls to release his tax returns, (click here) Thompson desperately clings to discredited poll
Thompson Campaign Attempting to Distract From Thompson's Blow Up On The First Day of the General Election
MILWAUKEE – John Kraus, Tammy Baldwin For Senate Communications Director issued the following statement in response to the Thompson campaign's desperate attempt to discredited Republican poll to distract the media and voters from the fact that Tommy Thompson refuses to release his tax returns and supports cutting taxes for millionaires like himself while raising taxes on Wisconsin's middle class.
"In the face of calls to release his tax returns, and after a testy and rattled exchange with the Wisconsin press corps on the first day of the general elction, Tommy Thompson is trying to distract voters by clinging to a widely discredited pollster who used to work for George W. Bush," said Tammy Baldwin for Senate Communications Director John Kraus, "Thompson can try to dodge and distract all he wants but the people of Wisconsin want to know why Tommy won't release his tax returns at the same time he is calling for tax breaks for millionaires like himself and tax increases for the middle class."...
Republicans in the House (click here) of Representatives got their way this week: The final budget deal struck with President Barack Obama raises no additional revenues while cutting more than $2 trillion from public investments, defense, and government services that all Americans rely upon. That’s a better outcome than a Tea Party-caused default but it’s a bad deal for America’s middle class.
Meanwhile, America’s millionaires won’t be asked to contribute a single dime. That’s unfortunate because they certainly can afford it. Not only have their incomes been skyrocketing but data released this week by the Internal Revenue Service reveal that their tax rates have plunged over the last two decades. As a percentage of their incomes, millionaires are now paying about one-quarter less of their income to federal taxes than they did in the mid-1990s....
