Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

2012 election - tax rates of Romney, Gingrich, Obama and Santorum in 2010

This graph shows the estimated tax rate of the GOP candidates Mitt Romney and Newt Gingrich as well as President Barack Obama in 2010. On February 16, Rick Santorum released four years of tax returns, roughly a month after Mitt Romney's tax returns had been an issue in the debates between the Republican candidates in the run-up to the Florida Presidential Preference Primary on January 31, 2012.
Mitt Romney paid a tax rate of about 14 percent in 2010, which corresponds to about 3 million U.S. dollars of taxes paid. This rate is due to the fact that nearly all of his income is taxed as capital gains at a rate of 15 percent, rather than as earned income of up to 35 percent. Mr Romney and his wife had an adjusted gross income of about 21.6 million U.S. dollars in 2010. The newly released data from Mr and Mrs Santorum show that they had an adjusted gross income of about 0.9 million U.S. dollars in 2010 and paid an effective tax rate of over 28 percent. President Obama and his wife paid an effective tax rate of 26.3 percent, with an adjusted gross income of about 1.7 million U.S. dollars. The respective tax return forms for Mr Romney and his wife can be found here; for Mr Gingrich and wife, here; and here for President Obama and his wife. The data for Mr and Mrs Santorum can be found here.

Tax rates of Mitt Romney, Newt Gingrich, Barack Obama and Rick Santorum in 2010

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

February 2012

Region

United States

Survey time period

As of February 16, 2012

Supplementary notes

The original source of the data regarding Rick Santorum can be found here.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "2012 U.S. election part I finances"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.