$7,204,114 of Mitt Romney's 2011 Adjusted Gross Income Is Missing!
It has vanished since January. Rick Newman:
The Mysteries in Mitt Romney's Tax Return: Final 2011 return: Adjusted gross income: $13,696,961; Total federal tax paid: $1,935,708; Effective federal tax rate: 14.1 percent
Preliminary 2011 return (released in January): Adjusted gross income: $20,901,075; Total federal tax paid: $3,226,623; Effective rate: 15.4 percent
Final 2010 return: Adjusted gross income: $21,646,507; Total tax paid: $3,009,766: Effective rate: 13.9 percent…
I confess to a certain lamentable and prurient curiosity about that conversation:
"Governor Romney, Sir…"
"Yes?"
"You know how we told you last January that you had made almost $22 million in income in 2011?"
"Yes. I do remember something of that. But I'm busy right now…"
"I'm afraid that back in January we had made some arithmetic errors."
"That's OK."
"We lost track of $7 million…"