In the course of answering questions about his income taxes (which are probably a lot) and his tax rate (which is probably lower than your’s), Mitt Romney had this to say about his other income:
“I got a little bit of income from my book, but I gave that all away,” Mr. Romney told reporters after an event here. “And then I get speakers’ fees from time to time, but not very much.”
Apparently Romney earned about $375,000 in speaker fees between February 2010 and February 2011, an average of $41,592 per speech. Which works out to nine speeches.
In other words, Mitt Romney earns more for 9 days of work than the average American will make in 9 years.
Romney has millions of dollars in assets, but just based on his work for those 9 days in 2010, he almost qualifies for the 99% (OK, he’s only at 98%).