Mitt Romney, don't pay no tax, Mitt Romney, don't pay no tax

from Kanye West (Ft. R. Kelly & Teyana Taylor) – To The World Lyrics on Rap Genius

Meaning

Even though the Republican presidential candidate makes an ungodly amount of money (go to romneymakes.com if you want to see exactly how much), he doesn’t pay as much money in taxes as one would think. He also refused to release his 2011 tax records for several months.

For fairness, here’s the Republican response to this line.

Ye’s reference to Mitt Romney’s financial situation is interesting. He is asking his listeners to sympathize with his financial acumen & activity (see previous line) by alluding to Mitt Romney’s similar plight.

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