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

  1. #1261
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    Re: Romney's tax rate is only half as high as the middle class pays

    The only way to increase jobs is to increase productivity by giving US businesses tax breaks. It's been proven over and over to spread the wealth more effectively than government. Local hiring, buying and spending can only come from bureaucracy getting out of the way of small business growth.
    Einstein, "science without religion is lame, religion without science is blind."

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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
    That is spamming to post the same crap over and over. Its crap because it is using non progressive taxes as part of what the "poor" pay and comparing it to a single tax paid by investors
    Posting the truth is not a violation of any rules.
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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
    Calling people IDIOTS and NEER DO WELLS is name calling.
    Quote Originally Posted by haymarket View Post
    Posting the truth is not a violation of any rules.
    Does the second statement validate the first? Just kidding
    Einstein, "science without religion is lame, religion without science is blind."

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

    Quote Originally Posted by grip View Post
    Does the second statement validate the first? Just kidding
    i laughed out loud at that haha.

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

    Quote Originally Posted by StillBallin75 View Post
    i laughed out loud at that haha.
    Well, truth is a perfect defense against slander.
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  6. #1266
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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
    You and the other warriors of the right need to run on that program. Do you even know what "specious garbage" means. I have repeatedly reproduced your own posts in which you state your so called PRINCIPLE of taxation only to betray it a short time later, do a complete reversal and embrace another so called PRINCIPLE that does the opposite. And then you switch to a third. And what do any of them have in common each and every time you flush your precious PRINCIPLE down the toilet? You get a personal tax cut.

    I will be happy to produce those again for you. They are your words and your positions - not mine or anyone elses. Your so called precious PRINCIPLES which you trash and smash, flush and crush happily as long as the new flavor of the week gives you a personal tax cut.

    So please Turtle, lets not gild the lily here.
    The only consistency we see out of you is always wanting the rich to pay more money so your dem politicians can buy more votes

    when it comes to taxes you claim that progressive rates are proper because the "people" through congress say they are but when it comes to the same congress decreeing lower rates for investment income you whine that it is discriminatory

    you want all income treated the same for reasons based on "fairness" (rational economic arguments have yet to be proffered for jacking up taxes on investment income) yet you despise fairness in the form of flat rates or everyone paying the same percentage of their next dollar to the government

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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
    Posting the truth is not a violation of any rules.
    the truth can be dishonest

    its like saying ten black murderers received much higher sentences than 10 white drunk drivers. absolute truth but then claiming blacks are treated more harshly than whites by the justice system would be clearly dishonest

    that is exactly what teamosil and Catawba have done-comparing TOTAL STATE and FEDERAL TAXES Of one type of taxpayer with only one of MANY taxes an investor pays and then whining that the total rate of all taxes for one might be higher than the tax rate oF ONE type of tax for the investor

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

    Quote Originally Posted by mike2810 View Post
    You don't see the potential risk in investment vs a know income from labor?
    Well, one way to look at it is that the worker puts in labor and gets back money where the investor puts in a willingness to accept risk and gets back money. I don't necessarily see why risk is a greater sacrifice than time and effort. Especially give that for a smart investor, over time, the risk is somewhere between very low and non-existant.

    Another way to look at it is that the public assumes some of that risk on behalf of the investor. If investors buys shares in a company for $100m and that company crashes to -$100m in value (ie they owe $100m more than they have) then the investors absorb $100m in losses, but the employees, creditors, vendors, government, etc, absorb the $100m in debt. That's what limited liability buys you. So, maybe the price for society taking on that portion of the risks that the investor will lose is that they need to pitch back in to society when they win.

    Quote Originally Posted by mike2810 View Post
    I do thank you for your explainations and replys.
    Yeah, thank you too for the good discussion.

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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
    You and the other warriors of the right need to run on that program.
    We will just like always. And you ‘warriors of the left’ will run on the same program you have. And we will continue to go down the SAME path. Unfortunately both you and Cat have stated who has the money and at this time it is MONEY that wins elections. So go on with the same rant and we’ll see where that gets ya...

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

    Screwing people with money isn't an answer. It'll just make them resentful and more likely to hide their investments and assets, instead of putting them back in with higher salaries and benefits.
    Einstein, "science without religion is lame, religion without science is blind."

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