Just finished my taxes. Looks like my effective tax rate for 2011, 14.38%, beats Romney’s 13.89% for 2010. However, his estimate for 2011 was 15.44%. So comparing “apples to apples” he’s got me beat. Now Warren Buffett, his rate was only 11.06% for 2010. OWNED!!
Though it was somewhat expected, the fact that I owe over $2,000 briefly raised my blood pressure for fear of an underpayment penalty for owing over $1,000.