Page 110 of 192 FirstFirst ... 1060100108109110111112120160 ... LastLast
Results 1,091 to 1,100 of 1914

Thread: Romney reveals he pays about 15% in taxes(edited)

  1. #1091
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:06 PM
    Lean
    Undisclosed
    Posts
    90,074

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    we can objectively say the rich are discriminated against because

    1) they are the only group that actually bears a HIGHer percentage of the income tax than their share of the income

    2) they pay far more actual tax dollars than any other group of the same percentage of the population and

    3) they get no additional governmental benefits

    to claim that the 50% who pay no income taxes are discriminated against is without any objective merit. They get tons of federal benefits and pay absolutely no income taxes
    And none of that provides one reason for the justification of the discriminatory rate for capital gains over the same amount earned in salary.

    Are you ever going to get to that?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  2. #1092
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by MaggieD View Post
    You should add "the Democrats" to your statement. Congress was so busy pushing Obamacare down our throats when they had the majority, when they could have, had they chosen to, gotten rid of those tax cuts for the rich...reformed the entire system. Where were the Democrats?

    (I support Obamacare, just so you know...but they most certainly did jam it down our throats, like it or not...)
    The Democrats were, as usual, protecting the little people from the conservatives who had threatened to cut off unemployment benefits unless they got their tax cuts continued. A majority of Democrats put up bill to extend the tax cuts just for those making under $250,000, and guess who blocked it.

    The Democrats also had bill for the American Jobs Act that would have provided jobs for the working class to be paid for by eliminating some of the tax breaks for the rich, guess who opposed it?

    So I ask you again, why should the working class vote to continue the tax cuts for the wealthy??? Where are the jobs that were supposed to have been created by tax cuts to the rich for the last decade?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  3. #1093
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    Romney pays at least 5% of his income to state income taxes in Mass. and he pays at least 15% on his investment income and 35% on his earned income. This doesn't even take into account sales taxes and property taxes and he has homes in two of the highest property tax states in the country

    your 16% estimate is so incredibly wrong the rest of your claims cannot be taken seriously

    of course given your constant lie about this issue I suggest your opinions have no merit whatsoever since you deliberately tried to confuse Romney's income tax rate with other peoples' total-state and federal tax rate
    Actually Romney says that he pays around 15% total in income taxes. That's what the thread is about actually.

  4. #1094
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 09:32 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,774

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    And still no logical case made for the discriminatory preferential tax rates for capital gains which benefit mostly the wealthy.

    Lots of pontificating. But still no case made.
    You just ignore all the arguments presented because you are mad that the rich aren't screwed as much as you want if they have investment income

    what are the sound arguments for allowing so many people to pay less than 15% on their income?

  5. #1095
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 09:32 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,774

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by teamosil View Post
    Actually Romney says that he pays around 15% total in income taxes. That's what the thread is about actually.
    and that is more than what at least 97% of the country pays in income taxes

    so I am still waiting for a valid point

  6. #1096
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 09:36 PM
    Gender
    Lean
    Conservative
    Posts
    30,330

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by teamosil View Post
    No, I know, of course, that I've never said that profit was bad. Where I think you're getting mixed up is that maybe you're assuming that because I think investment profit should be taxes like wages that that means I hate profit or something... But that's stupid. None of the things we could tax are like horrible things. Working isn't evil, buying things isn't evil, inheritance isn't evil, and so on. But we need to tax stuff nonetheless.
    Then I believe you are crossing the line between what you think is truly mine, and what the government 'allows' me to keep.

    You pay MORE than a super rich investor, not less. There are two main reasons you pay more:
    No, our percentage on cap gain is the same 15% be it on a million, or a thousand.

    1) You have less income total so the regressive taxes like property tax and sales tax take a bigger bite percentage wise
    Also not true. You have no objective way of comparing my current situation to that of what ever mythical person you think has too much. IOW, you would need to know my taxes on these things as compared to that whom you are comparing me to. Until you can lay that out then yours is a poor guess at best.

    2) Much of your income comes from working, which is taxed at much higher rates, where most or all of the super rich person's income comes from investing, which is taxed at a much lower rate
    There is a difference between investing, and working. Is it legal for cap gains to be taxed at 15% while my income federally falls in the say 25% range?

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  7. #1097
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:06 PM
    Lean
    Undisclosed
    Posts
    90,074

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    You just ignore all the arguments presented because you are mad that the rich aren't screwed as much as you want if they have investment income

    what are the sound arguments for allowing so many people to pay less than 15% on their income?
    And still no logical case made for the discriminatory preferential tax rates for capital gains which benefit mostly the wealthy.

    Lots of pontificating. But still no case made.

    If you think you made one, just link to it and prove me wrong. But you cannot because you never did.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  8. #1098
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    and that is more than what at least 97% of the country pays in income taxes

    so I am still waiting for a valid point
    So anyways, lets try it again.

    True of false- Romney pays approximately half the percentage of his income in taxes that the average American does.

  9. #1099
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:06 PM
    Lean
    Undisclosed
    Posts
    90,074

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by j-mac View Post
    Then I believe you are crossing the line between what you think is truly mine, and what the government 'allows' me to keep.





    j-mac
    While you make your statist argument that the existence of the law justifies the principle and reason behind the law, did you find the section of the Constitution which you claim guarantees the pursuit of happiness?
    Last edited by haymarket; 01-23-12 at 12:18 AM.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  10. #1100
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 09:36 PM
    Gender
    Lean
    Conservative
    Posts
    30,330

    Re: Romney reveals he pays about 15% in taxes(edited)

    Meh....Too tired for this crap....Drove over 600 miles today, I am turning in.....til morning.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •