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

  1. #1231
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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
    "We found that a typical taxpayer with $50,000 in income pays 22 to 23 percent in income and payroll taxes."
    PolitiFact | Barack Obama says construction workers pay higher tax rate than someone earning $50 million a year

    "Romney says he is taxed at around 15 percent rate"
    Romney says he is taxed at around 15 percent rate | Reuters
    more idiocy. the progressive rates are not relevant when dealing with non-progressive taxes

    Romney pays 15% or more federal income tax rates. What Obama says is idiotic and once again, like other lefties, you want to compare everyones total tax bill with income tax rates of the rich

    that is blatantly dishonest, someone making 50K pays less than 8% in an effective federal income tax rate

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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
    Tsk, tsk...what about the rest of the quote?
    the blatant dishonesty from these tax hikers is outrageous.

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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
    Tsk, tsk...what about the rest of the quote?
    It doesn't apply to those who get their income primarily from investments like Romney, who has admitted he pays about a 15% tax rate.
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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
    It doesn't apply to those who get their income primarily from investments like Romney, who has admitted he pays about a 15% tax rate.
    stop lying-you neglect to include the other taxes Romney pays

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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
    more idiocy. the progressive rates are not relevant when dealing with non-progressive taxes

    Romney pays 15% or more federal income tax rates. What Obama says is idiotic and once again, like other lefties, you want to compare everyones total tax bill with income tax rates of the rich

    that is blatantly dishonest, someone making 50K pays less than 8% in an effective federal income tax rate
    So you have nothing to disprove the fact finding by politifact?
    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 Catawba View Post
    So you have nothing to disprove the fact finding by politifact?
    It is irrelevant. the wealthy investors pay a higher income tax rate than people making 50,000 a year.

    what one pays in non-progressive taxes matters not and trying to use them to say the tax system is not progressive enough is blatantly dishonest

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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
    stop lying-you neglect to include the other taxes Romney pays
    What other taxes are there in an analysis comparing the effective tax rates of income tax and payroll tax?
    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

  8. #1238
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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
    why should I allow my money to feed and clothe ingrates who want me to pay them more and more?

    HOW is that not discriminatory. and what is funny is those whining about investment income are not people with 800K salaries-they are already investing. Its people who will never achieve that level of success pretending to defend someone of that talent
    Because this is not about YOU. Every discussion of national tax policy is not a debate about YOU Turtle. Even though you see all issues of taxation based on if they give you a personal tax cut or a desired preference.

    The American people do NOT decide national tax policy for a nation of 311 million based on what you feel should be allowed with your money or who you hate and loathe.
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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
    It is irrelevant. the wealthy investors pay a higher income tax rate than people making 50,000 a year.
    I have just documented that those whose income is primarily from investments pays a lower effective tax rate than someone in the middle class making $50,000.

    You have provided nothing to refute it.
    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 TurtleDude View Post
    It is irrelevant. the wealthy investors pay a higher income tax rate than people making 50,000 a year.
    And they pay a 60% lower rate than the same earners at their own level whose income was from other than capital gains.

    That is clearly discriminatory.
    __________________________________________________ _
    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

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