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

  1. #1101
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    Re: Romney reveals he pays about 15% in taxes(edited)

    Quote Originally Posted by j-mac View Post
    Meh....Too tired for this crap....Drove over 600 miles today, I am turning in.....til morning.


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    Sleep well. Get a good rest. And in the morning awake refreshed and please do find that section of the Constitution that you claim guarantees the pursuit of happiness.
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by teamosil View Post
    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.
    asked and answered

    quit lying

    you have already proven you are clueless about that percentage for Romney

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    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.
    I'm not really sure I even know what you mean... We need taxes so that we can keep our society strong. It's in everybody's interests. You aren't an anarchist, so you agree, no?

    Quote Originally Posted by j-mac View Post
    No, our percentage on cap gain is the same 15% be it on a million, or a thousand.
    Again, you pay a higher percentage in taxes overall than the super rich investor. It doesn't matter that the taxes you pay more of have different names.

    Quote Originally Posted by j-mac View Post
    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.
    There are thousands of studies finding that... And it's just obvious common sense. So, yeah, that argument is not remotely persuasive.

    Quote Originally Posted by j-mac View Post
    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?
    Legal? Yeah of course that's legal. That's the law I am saying should be changed.

    Look, ask yourself this. If we ony had one tax and it was an income tax that covered both wages and investment income, and they set the rates as follows- people in the bottom 20% pay 16%, the average person pays 27%, upper middle class pays 32%, and super rich people pay 15%, would you think that was a good plan? If not, why do you support something that works out to exactly the same thing just because they obscure what they're doing by having multiple different taxes instead of just rolling it together?

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

    Quote Originally Posted by TurtleDude View Post
    asked and answered
    No, you haven't answered that. You talk instead about what kind of taxes each party pays and whatnot instead of answering.

    True of false- Romney pays about half the percentage of his income in taxes as the average American does?

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    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.
    The problem is the premise. The FACT that you state they are discriminatory is merely your opinion of cap gain rates. It is this opinion that we disagree with thus we are neither wrong or right.

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

    another question

    should the federal tax system (which OldReliabe67 demonstrated leads to the top one percent paying a total effective rate of about 30%, and other groups decreasing amounts) become even more progressive to make up for a state tax system (in states that don't have income taxes) that may be less progressive?

    should my federal income taxes be lessened because I live in a state that has high income taxes and death taxes (the death tax starts at about 340K)

    and finally why don't the lefties ever take into account the surcharge us in the top one percent pay-the federal estate or death tax which if incorporated into our overall tax rate would show things far more progressive than the bashers of the rich admit

    (if the left has its way that means 55% of every dollar over a million)

    Later

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

    Quote Originally Posted by TurtleDude View Post
    asked and answered

    quit lying

    you have already proven you are clueless about that percentage for Romney


    Do you think no one notices your dishonesty???


    Tea said, "True of false- Romney pays about half the percentage of his income in taxes as the average American does?
    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

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

    Quote Originally Posted by teamosil View Post
    No, you haven't answered that. You talk instead about what kind of taxes each party pays and whatnot instead of answering.

    True of false- Romney pays about half the percentage of his income in taxes as the average American does?
    since you cannot come close to even being honest about Romney's total tax bill and the percentage of his income (figure into that the death tax and get back to me-it could be 55% of every dollar over one million) how can you demand an answer when you have no idea if it is right or wrong

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

    Quote Originally Posted by Catawba View Post
    Do you think no one notices your dishonesty???


    Tea said, "True of false- Romney pays about half the percentage of his income in taxes as the average American does?
    wrong. half the country doesn't pay any income taxes and none of you have come close to guessing what Romney pays in total taxes as a percentage of his income and you don't even try to incorporate the death tax which has to be figured into his overall tax bill

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

    Quote Originally Posted by Dickieboy View Post
    The problem is the premise. The FACT that you state they are discriminatory is merely your opinion of cap gain rates. It is this opinion that we disagree with thus we are neither wrong or right.
    Whether it is wrong or right will be determined in November by the people.
    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

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