Ryan's Tax Returns on Romney Campaign Website
Milwaukee Journal-Sentinal Story
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, the Ryans 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 Ryan aide told the Journal Sentinel last week that a portion of Ryan's investment income is from holdings that belonged to his wife.
"As these are properties Rep. Ryan 'married into,' for lack of a better term," Ryan spokesman Kevin Seifert said last week, "he does not play an active role in them and has no plans to."
Seifert said last week that the Ryans' investments include several companies that lease land and mineral rights to energy companies.
Those holdings have resulted in some critics pointing out that Ryan's federal budget plan keeps a tax deduction for land owners who lease property for drilling. The Ryans' received a $2,543 deduction last year, and other family members in the partnership presumably would have also received deductions.
Paul Ryan makes less than 1% of what Mitt Romney makes and pays a higher tax rate. His solution is for Mitt to pay even less.— The Daily Edge (@TheDailyEdge) August 18, 2012
Just imagine if Obama refused to release his tax returns? The Tea Party would claim Barack was North Korean bit.ly/NvxjWI PLS RETWEET— Russell Simmons (@UncleRUSH) August 13, 2012
Paul Ryan paid a higher tax rate than Mitt Romney. Mitt should've picked VP that paid lower taxes such as a homeless person or dead guy— Dean Obeidallah (@Deanofcomedy) August 18, 2012
based upon what I'm reading, Paul Ryan needs to release 2007-2011 tax returns. Insider trading is ugly.— Karoli (@Karoli) August 13, 2012
Put him in jail like Martha Stewart! Paul Ryan Dumped Bank Stocks Same Day He Met With Hank Paulson During 2008 Crisis businessinsider.com/paul-ryan-insi…— Steve Weinstein (@steveweinstein) August 13, 2012
The Paul Ryan Insider Trading Story Won’t Die Because It’s Legitimate bit.ly/OpoFrL— Serpentine202 (@Serpentine202) August 18, 2012
Oh so Paul Ryan came from money too?? He's a millionaire too? Wait his wife came from money too?? She got millions?? Oh ok— Moe Betta Ash(@_TheFamousAmoss) August 15, 2012
There's ALWAYS a reason for one's views,— patty jo bray (@patty_bray) August 13, 2012
@paulryan's is MONEY! He and his wife make lot's of money from illness and drugs!
Paul Ryan's receipt for $350 wine ($472.70 inc. tax and tip): talkingpointsmemo.com/documents/2011… it's lucky his wife's loaded!— felix salmon (@felixsalmon) August 14, 2012
Paul & Jana Ryan are both from $$$ backgrounds, where the reality of life never entered. To them most of us are just 'The Help'.— Coco Pazzo (@CocoPazzo) August 12, 2012