Tag Archives: tax returns

Why Mitt Romney’s taxes matter

Mitt Romney

by Michael Tamayo

It is no secret that Mitt Romney is a wealthy man. His net worth is estimated to be somewhere between $190 million and $250 million. He cofounded Bain Capital and was the “sole stockholder, chairman of the board, chief executive officer, and president” of the venture capital firm. Politicians are typically wealthier than most other Americans, but if elected, Romney would be one of the wealthiest presidents in American history. To get an idea of just how wealthy Romney is, combine the wealth of the past eight presidents, and then double that. This is the ethos Romney exudes. There is no escaping it and there is no spinning it.