Willard, who pays less than 14% in federal income taxes on his huge income, always shrugs off questions about this rate by saying, in effect, "Hey, I can't do anything about it. That's how the law is written." But what Mittens DOESN'T tell you is that in 2007 there was a proposal before the Senate to eliminate this obscene tax break for the ultra-wealthy. The effort was killed by a lobbying group that was started by, among others, BAIN CAPITAL, the Vulture Capital group that pays Willard millions of dollars EVERY FREAKING YEAR. Jon Stewart has the story:
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So Willard gets a HUGE tax break because Willard's old company killed the effort to repeal the tax break. "But hey, folks, what can I do? I'm just following the law."
Yeah. The law that you helped rig in your own favor.
And you're so helpless to do anything about it? That's a pathetic lie.
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