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

  1. #1181
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    Re: Romney's tax rate is only half as high as the middle class pays

    from Mike 2810

    Haymarket/other who support the position.
    Please provide evidence that your stance on taxing will grow the economy and provide more jobs than the current regulations.
    I do not remember saying that I knew it would. Although history shows that it can happen that way as the tax increases under Clinton showed.

    Please provide evidence that Congress has violated laws by establishing the current tax system we have.
    I never said they did. My argument is NOT the statist argument. Please do not confuse it.

    Stating all type of income should be taxed at the same rate is not an answer, its an opinion.
    It certainly is an answer to the problem of a discriminatory and preferential tax rate for capital gains which primarilly benefits the wealthy over average working people.

    Stating the average American does not have disposable income to take advantage of all of the tax rules is not an answer, its an opinion.
    It most certainly is the answer as to why the average worker making an average salary cannot accumulate capital gains like the wealthy can so they benefit proportionately. Thats basic math.
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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
    Now Romney is a rapist?


    j-mac
    Where did you get that from?
    __________________________________________________ _
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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
    This tells you infinitely more than your chart which is rather empty of actual meaning.

    What is the effect of a lower tax rate?
    Man you libs are real pieces of work...One supposed tax policy center is debunked due to their ties to Center for American Progress, and what do we get? Another one linked to the same people....HA....Lib arguments are jokes.


    j-mac
    [/QUOTE]

    So tell us where their figures are wrong rather than attack them because they do not drink your kool-aid or prostrate themselves before the same altar you do.
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by Samhain View Post
    A Robber baron was someone charging a toll on a river.

    Its term has now been updated to reflect a businessman who gained his fortune through questionable, read illegal, practices.

    Applying the term to Romney makes 0 sense.
    Not illegal - unethical - practices.

    It is questionably legal to set up shell companies in the Cayman Islands, Bermuda, and other overseas tax shelters - and this is something Bain did do quite frequently to avoid paying taxes. But most Americans find it unethical.

    And I'm going to keep answering until I get a conservative to answer me this: what president most recently signed a bill that made taxes on capital gains identical to the top tax rate for income derived through actual work?

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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
    It certainly is an answer to the problem of a discriminatory and preferential tax rate for capital gains which primarilly benefits the wealthy over average working people.

    The bolded portion of this statement is a total and complete lie. I implore hay, or anyone to show where the cap gains laws are discriminatory, or preferential to anyone. It is simply a 15% tax rate. And the fact that haymarket has never addressed this fact, and continues to post this lie, makes him a liar on this part of his line of rhetorical BS.

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

    Quote Originally Posted by FilmFestGuy View Post
    Not illegal - unethical - practices.

    It is questionably legal to set up shell companies in the Cayman Islands, Bermuda, and other overseas tax shelters - and this is something Bain did do quite frequently to avoid paying taxes. But most Americans find it unethical.

    Hold on here...It doesn't work like that and you know it FFG. Your claim is that the legality is questionable, and imply probably illegal. You need to show now that Bain, or Romney broke any laws concerning business in Cayman, or that he skirted any taxation at all in the tax code illegally. If you can't then no one cares that you want to paint it as torrid....Just stick with the facts.

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

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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
    The bolded portion of this statement is a total and complete lie. I implore hay, or anyone to show where the cap gains laws are discriminatory, or preferential to anyone. It is simply a 15% tax rate. And the fact that haymarket has never addressed this fact, and continues to post this lie, makes him a liar on this part of his line of rhetorical BS.

    j-mac
    taxing capital gains - a source of income which falls predominately to the wealthy and we know that going in - at a rate of 15% while taxing THE SAME AMOUNT OF MONEY from other sources like salary or wages, its the textbook definition of a preference and a discriminatory policy.

    from Merriam-Webster dictionary

    DISCRIMINATION


    Definition of DISCRIMINATION

    1
    a : the act of discriminating
    b : the process by which two stimuli differing in some aspect are responded to differently
    2
    : the quality or power of finely distinguishing
    3
    a : the act, practice, or an instance of discriminating categorically rather than individually
    That is exactly what the government is doing down to the letter. How any rational person can deny it is beyond puzzling.
    Last edited by haymarket; 01-23-12 at 05:20 PM.
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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
    None of that provides any logical reason why a person making $88K in salary and paying 35% should support a tax rate on a different individual of only 15% on the same amount of money.
    I expected this response from you. What you state above is NOT what you challenged us to do:

    Quote Originally Posted by haymarket
    “Please explain to Bartlet why he should support a national tax policy which has him paying over twice as much more in federal income taxes than another American who earns the exact same amount as he did.
    Kind of appears that you have moved the goal post…

    You cannot tell people what to do with their money. Why are you attempting to play God or social engineer and tell somebody how they should allocate their money. It matters not what a person does with that 800K. That is NOT the issue and never has been the issue and to try to pretend it is in intellectually dishonest.
    Please show where I told ‘Bartlet’ what to do with his money. I stated “he should discuss” which in no way “tells (sic) people what to do with their money” or is “attempting to play God or social engineer and tell somebody how they should allocate their money” (really 'over-the-top' response imho).

    The only issue here is WHY the source of the income should receive a discriminatory preference which is a tax break of far more than half compared to that of a salaried income.
    So, as I stated previously, your opinion is ‘you COULD go on a public forum and piss and moan enviously about how the ‘system is rigged’ for people like Wesley and it is SO UNFAIR.”…or what?

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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
    So you will accept a little bit of what you deem to be evil? Interesting value system you have. 35% is evil but 15% is slightly less evil? Interesting.
    Yes sir. Any lowering of tax rates is a good thing in my book. The less the takers take, the better. Less injustice is better than more injustice. I will applaud ANY reduction in taxes.

    I wonder if rapists would follow that dictum and only penetrate halfway would that excuse stand up in court?
    I'm not the taker here, you are. I'm not the one asking for either 35% or 15%. I advocate taking 0%. But I do advocate that the takers reduce their taking. I would prefer that they take 15% to 35%, just as I would prefer that a rapist rape fewer victims.

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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
    taxing capital gains - a source of income which falls predominately to the wealthy and we know that going in
    Bull ****! Can anyone have a capital gain?


    at a rate of 15% while taxing THE SAME AMOUNT OF MONEY from other sources like salary or wages, its the textbook definition of a preference and a discriminatory policy.
    No they are inherently different. One is from wages, and one from investment. Two different things....Now stop lying.

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

    Alexis de Tocqueville

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