NYT, via Ritholtz:
The third one is the key one. That is where much of Romney's 47% is paying taxes, while most of his income isn't even taxed under FICA. Also, the 15% tax on dividends and capital gains is key. Dividends were taxed as regular income until 2003, so for the very wealthy that was a cut from 35% to 15%. The state and local taxes have become even more regressive over the years. The NYT has a nice chart on them also.
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