Santorum needs professional tax help

February 17, 2012

Rick Santorum, the latest Republican presidential nominee wannabe to give Mitt Romney fits, apparently has had a tax filing epiphany.

The former U.S. Senator from Pennsylvania released his tax returns this week. The filings from the last few years show that like most candidates for office, Santorum is sort of rich.

On earnings ranging from $660,000 in 2007 to $1.1 million in 2009 to $923,000 in 2010, Santorum paid a tax rate of around 28 percent. That's double the effective tax rate Romney paid on his vastly larger earnings.

But Santorum now sees his tax problem.

"Look, I do my own taxes," Santorum told reporters following him as he campaigns in Michigan. "Heck, Romney paid half the tax rate I did, so obviously he doesn't do his own taxes. Maybe I should hire an accountant in the future."

How about you? How do you plan to deal with your taxes this year?

You also might find these items of interest:

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
The latest Dirty Dozen tax scam list is familiar because too many are still falling for the schemes

March 5, 2026

Tax filing season is also peak time for tax scams. Be on the lookout for…

Read More
Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • Rick Santorum makes Obama-esque tax planning move

    Presidential Candidate Rick Santorum released his tax returns this week. Since he isn’t paying me, I’m not going to spend…

Leave your comment