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

  1. #1361
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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 Romney has released his returns today with capital gains playing the big role in his income.

    Romney Tax Returns Show 2-Year Income of $45 Million - NYTimes.com

    Wow, what a headline...It should have just read....Romney is rich....LET'S GET HIM!!!!!


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

    The tax records show Romney paid an effective tax rate of 13.9% on his adjusted gross income in 2010 and 15.4% for last year.

    How does Romney's effective tax rate compare to other Americans? The average effective tax rate of American taxpayers is 11%, according to an analysis by the non-partisan Tax Foundation. Millionaires pay about about 25%, the foundation says.Mitt Romney to pay $6.2M in taxes for 2010-2011

    So he pays more overall taxes than the average American. Lets tax him some more.
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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
    The tax records show Romney paid an effective tax rate of 13.9% on his adjusted gross income in 2010 and 15.4% for last year.

    How does Romney's effective tax rate compare to other Americans? The average effective tax rate of American taxpayers is 11%, according to an analysis by the non-partisan Tax Foundation. Millionaires pay about about 25%, the foundation says.Mitt Romney to pay $6.2M in taxes for 2010-2011

    So he pays more overall taxes than the average American. Lets tax him some more.

    Now we'll just have to be patient while the class warriors develop the way to attack these facts....

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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 we'll just have to be patient while the class warriors develop the way to attack these facts....

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    even a link provided by one of them showed this, yet they continue to say no its not right.
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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
    Jokes are a good way to cover embarrassment for making a baseless accusation?
    Here is an article below full of what I believe to be unfair proposals by OWS. I'm not going to slice and dice all the ones I agree and disagree with. I don't agree with TD on every aspect but I do agree that over taxing is not productive. It's wealth redistribution attempted by a bunch of greedy politicians that won't efficiently spread it as much as waste it. Once they get their hands on it they'll spend it like they did Social Security.

    Too many labor positions are lost to the influx of illegal aliens and production jobs being sent overseas. If you want to stop the bleeding in this country reverse some these free trade agreements that rob American wealth. Cut government spending and that alone will put money back in peoples pockets. And I do agree with one thing OWS espouses, stop corporate influence in 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
    And Romney has released his returns today with capital gains playing the big role in his income.

    Romney Tax Returns Show 2-Year Income of $45 Million - NYTimes.com

    a snippet



    Not bad for an income of $45 million to end up paying the rate a waitress can pay.

    Hopefully, this will propel a major national discussion on the capital gains discriminatory rates and who enjoys those preferences.

    And hopefully, those who defend it will atually be able to come up with more than the defends here have or they are doomed to be woefully outdebated.
    Considering the actual average effective tax rate is 11%, your comparison to a waitress is disingenuous at best.

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

    I think every American should read this:

    THE COMMUNIST MANIFESTO


    And apply it to today's liberal to understand where they are coming from...

    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 grip View Post
    Here is an article below full of what I believe to be unfair proposals by OWS. I'm not going to slice and dice all the ones I agree and disagree with. I don't agree with TD on every aspect but I do agree that over taxing is not productive. It's wealth redistribution attempted by a bunch of greedy politicians that won't efficiently spread it as much as waste it. Once they get their hands on it they'll spend it like they did Social Security.

    Too many labor positions are lost to the influx of illegal aliens and production jobs being sent overseas. If you want to stop the bleeding in this country reverse some these free trade agreements that rob American wealth. Cut government spending and that alone will put money back in peoples pockets. And I do agree with one thing OWS espouses, stop corporate influence in government.

    The 99%
    Do you think it is "screwing the rich" to require someone making $24 million dollars to pay the same effective tax rate as someone making $50,000?
    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
    Do you think it is "screwing the rich" to require someone making $24 million dollars to pay the same effective tax rate as someone making $50,000?
    Your right. The guy making 24 million should be paying the same lower rate that the 50,000 guy is paying. That would be more fair.

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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 it is "screwing the rich" to require someone making $24 million dollars to pay the same effective tax rate as someone making $50,000?

    Already happening. It has already been show to you that Romney paid more effective rate than the person making a $50K income...So, either you are ignoring it intentionally to be dishonest, or you just don't understand what you are saying beyond a talking point.

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

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