Reuters - Video

Edition: US | UK | IN | CN | JP

Video

U.S. Morning Call: Romney vs. Gingrich, tax records revealed

Tuesday, January 24, 2012 - 02:34

Jan. 24 - As U.S. presidential hopefuls battle it out in the Republican primaries, records show that Mitt Romney had an effective tax rate of less than half of Gingrich, on a higher income.

▲ Hide Transcript

View Transcript

Here's a morning call for this Tuesday Mitt Romney's pac bell equals new languages in. But when he had important tax honesty that he Johnson says his analysis of Romney's record and he me close to 22 dollars. Paying about three million dollars in taxes. Gingrich had an income of three point one million paying close to one million dollars in taxes. Romney also had an effective tax rate of less than eight pitches Romney released an estimate for 2011 showing a profit of about 21 million dollars. Documents also issue he gave up seven million dollars to charities over the past years most of -- and one church. With the tax issue off the table Romney went after Gingrich and Monday's Republican presidential debate he called and an influence peddler -- question Gingrich's claim that he was. And historian and not a consultant for Freddie Mac. Gingrich tied -- high. Proves that you -- not registering your consultants it's it has said that you provided historical expert said that -- as a consultant. Well look I'm not gonna spend the evening trying to chase governor rounds misinformation. Will have a site and you've got to work out by tomorrow morning we'll list every scene he's at least four things that are false I don't wanna waste of time wanna. So imagine if your company tell you remember those short term grate on me but you now own son. And guess what they make up part of your phone scam that's the equivalent of what -- -- -- -- writers have learned from an internal memo. It -- -- a plan to give a portion 2011 bonuses to top executives in risky -- something. The bank first did three years ago the bank will retain ownership of some of the risky assets and will absorb the first five million dollars of losses. From the portfolio if there are and he. Macy's is going after mark the retailer has stated -- queen of domesticity company for breach of contract after it signed a deal that Casey. Macy's says Martha Stewart Living gave it exclusive rights to manufacture and sell certain products under 2006. Agreement. That according to a filing in new York State Supreme Court JC Penney had no comment while Martha Stewart Living that it typically does not comment on the matter. And finally stopped to watch today starting with -- The Dow component just out with a profit that topped expectations on higher sales and are likely driven by higher prices. And Texas Instruments which reported better than anticipated quarterly sales and set the trend. I've continued in January. -- my comments he stands at Rogers this important matter.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Morning Call: Romney vs. Gingrich, tax records revealed

Tuesday, January 24, 2012 - 02:34