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

  1. #1761
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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
    Wait a minute. Your premise is fatally flawed. Anytime people point to past tax rates of 90% (as you did here) we are quickly and repeatedly told by the warriors of the right that such numbers were a fantasy and in reality the actual tax rate paid was much much lower.

    So which is it Turtle?
    nice diversion

  2. #1762
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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
    Yeah, it was only $400 billion a year. Although that's not as far off the mark as it may seem at first glance. Most budget analysts and economists and whatnot argue that we need to cut between say $600 billion a year and $800 billion a year to balance the budget, not the full $1.4 trillion. As we pull out of the recession revenues automatically go up as more people work and get raises and companies make more profits and whatnot and spending automatically goes down as people roll off unemployment and food stamps and medicaid and whatnot. If we cut somewhere in the $600b to $800b range, we should be back on track within a couple years.

    That doesn't mean we can't cut the deficit more than that. Ideally I'd like to be paying down the debt. But, $400b is actually a pretty decisive step in the right direction.

    Including ending the wars faster than budgeted is a legitimate savings relative to the budget. When they say we need to cut $600 to $800b they mean relative to the existing budget not relative to current spending necessarily.
    Again, a further look at economics will bear out the principals presented.

    However, I'm still libertarian and want to see far more drastic cuts and I was still uncomfortable with where the spending cuts happened and where the additional revenue was generated.
    Omniscience just sucks without omnipotence!

  3. #1763
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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
    I love watching this passionate defense of the abomination known as the death tax
    I love that the right wingers who try to argue against the estate tax can never actually counter the arguments in favor of it and just start desperately making emo appeals instead.

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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
    I produced the link and language to the official IRS site.
    Teamosil produced several links on the estate tax.
    You have produced NOTHING except undocumented assertions and unverified claims.

    If you want to be taken seriously in debate, please present your evidence.
    You were educated several times in the last year over the fact that even the IRS uses the term death tax

    you pretended that only right wingers use this term to describe the abomination that vests upon the death of a high net taxpayer

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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
    I love that the right wingers who try to argue against the estate tax can never actually counter the arguments in favor of it and just start desperately making emo appeals instead.

    there are no sound arguments in favor of the death tax that are not based on envy or greed

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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
    there are no sound arguments in favor of the death tax that are not based on envy or greed
    I love that the right wingers who try to argue against the estate tax can never actually counter the arguments in favor of it and just start desperately making emo appeals instead.

  7. #1767
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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
    there is that envy thing coming in again. who cares? its not your money and the fact that your parents may not have been able to leave you something in no way justifies you whining about what others were left
    ENVY is you playing the right wing version of the all purpose RACE card. And you know what you and the other warriors of the far right say when your enemies do it.

    I have no problem with any parent leaving hundreds of billions of dollars to anyone they want to leave it to. I simply want them to pay tax on acquiring that income the same way all the rest of the workers pay tax on their income.

    How can anyone object to that principle of equality and fair treatment under the law?
    __________________________________________________ _
    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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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    there are no sound arguments in favor of the death tax that are not based on envy or greed
    You have been given many.

    You have ignored many.

    You pretend here that you have not seen them when they have been handed to you in post after post after post in thread after thread after thread.

    Winston Churchill. Bill Gates. Andrew Carnegie. Warren Buffett.

    What do they have to be envious about as they all endorsed the inheritance tax?

    The reality of the historical record proves you wrong Turtle.
    __________________________________________________ _
    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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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    ENVY is you playing the right wing version of the all purpose RACE card. And you know what you and the other warriors of the far right say when your enemies do it.

    I have no problem with any parent leaving hundreds of billions of dollars to anyone they want to leave it to. I simply want them to pay tax on acquiring that income the same way all the rest of the workers pay tax on their income.

    How can anyone object to that principle of equality and fair treatment under the law?
    why do you limit your rant to billions

    and why are you so enamored with the government taking more and more private wealth?

    do you actually BELIEVE the government needs all this money and spends it wisely?

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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
    You were educated several times in the last year over the fact that even the IRS uses the term death tax

    you pretended that only right wingers use this term to describe the abomination that vests upon the death of a high net taxpayer
    So lets see it from you then. I produced my evidence. Teamosil produced his evidence. You only produce unsubstantiated and unverified claims.
    __________________________________________________ _
    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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