The Mitt Romney Class Warfare Calculator

Reporting on Politics and Policy.
Jan. 24 2012 5:32 PM

The Mitt Romney Class Warfare Calculator

Slate's own Dan Check has assembled a calculator that takes the money Mitt Romney made in 2010 and allows you to slice it up into meaningful amounts. How long did it take Romney to make, via investments, the money you made at your dead-end job. Not long!

- In two hours, the length of this week's debate, Romney made $4,946.

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- The average household income is around $50,000. Romney made that in 20 hours, 13 minutes, and 13 seconds.

- Let's be a little more fair. The Solyndra loan guarantee was $535 million. If Romney's income was garnished to pay for it, it would take him 24 years, 8 months, 11 days, 13 hours, 45 minutes and 58 seconds to make up the cost. That would be well into President Tagg Romney's second term.

A little more seriously, but just as class-warfare-ly, Citizens for Tax Justice does the basic algebra and finds that the Romney tax plan could have saved Romney $4.1 million; with a conservative estimate, it would have cut his taxes in half. This is the argument Democrats want to have, as evidenced by David Axelrod spraining his Twitter finger to share this after Greg Sargent wrote it up.

David Weigel is a reporter for Bloomberg Politics

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