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

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

    Quote Originally Posted by TurtleDude View Post
    carnegie left his wife sums that come up to be over 125 MILLION. the uber wealthy's estates regenerate rather quickly
    in cases where grandparents and parents die less than 40 years apart the wealth of the family is diminished, when its less than 20 years the estate often will never recover.

    the bottom line-people who argue for the death tax ooze envy or they truly believe that the government NEEDS and is ENTITLED to more and more private wealth

    so why not tax everyone's estates?

    actually if you want an estate tax it should be directed to those who did not pay federal income taxes during their lifetime

    right now it is nothing but a SURCHARGE on the most overtaxed citizens when it comes to federal taxes

    and the next time any of you whine that you pay a higher federal tax rate than Romney figure out his lifetime federal tax rate with the death tax figured into that
    Dynastys of super rich families are not the American way and will destroy our way of life. If you don't want the Govt. to get your money, give it away to good causes before you die like Bill Gates. 5 million tax free is enough for most to pass on, greed has no end I guess.
    Last edited by iguanaman; 01-28-12 at 03:23 PM.

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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
    no the real essence of fairness is not taxing ONLY those who already pay massive income taxes

    lets get rid of the abomination in its entirety


    (and tell me why that is wrong-the people who pay the death tax are the ones who pay 40% of the federal income taxes)
    You are attempting to connect two different things.
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by Grant View Post
    It can certainly be discouraging but this is one of those times when we have to put our trust in the collective wisdom of the American voter, provided States allow them to only vote once and the system is reserved for the living.

    It was dark days for America when Jimmy Carter was President as well and the left and media bashed Ronald Reagan constantly. But the huge majority saw the truth through this scam and corrected their previous electoral error with quiet enthusiasm. I believe that will happen again with Romney.
    Ya know...i believe Stalin said something about... "He who casts the votes decides nothing. he who counts the votes decides everything"

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    Quote Originally Posted by ric27 View Post
    People want security over freedom and that is where we are getting hammered by socialist politicians and gov't expansion. Voters don't want to have the risk of failure or lose their way of life so they want the government to take the risk out of living. When problems come, turn to the feds.

    What was really intended to 'correct' the government was interested and vigilant voters who would elect representatives that held the values of America. The biggest problem now is that people got discouraged and disinterested and now are so apathetic, ignorant, and self-interested that their view is no longer what is good for the country but what is good for me.

    How to break that cycle?
    Change you party affiliation. Send in your old voter registration card. Look for reasoned alternatives to the status quo. Or just keep supporting the same people. Look...the '99%' e's railed on about bribe and corruption. And at the end of the day...they still vote for the biggest recipients of the bribes and corruption. That makes a ton o sense.

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

    Quote Originally Posted by randel View Post
    no such thing as a 'death' tax...
    Yeah I know what the Union position is

    but this silly bit of denial is just that-Silly Sure, people like you who want the government to take money from others call that abomination as palatable a term as you can.

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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
    There are healthy exemptions. You need to be aware of them.

    Estate tax in the United States - Wikipedia, the free encyclopedia

    as you can see, in this year the exemption if over $5,100,000.00.
    Yeah but greedy wealth stealers want it to go back to one million. after all, the attitude is

    1) the rich don't deserve their wealth or their wealth is subject to the "needs" of the many

    2) the government needs it more

    your position is obvious and I doubt you would object to the threshold being 1 million or the rate being 90%

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

    Quote Originally Posted by iguanaman View Post
    Dynastys of super rich families are not the American way and will destroy our way of life. If you don't want the Govt. to get your money, give it away to good causes before you die like Bill Gates. 5 million tax free is enough for most to pass on, greed has no end I guess.
    actually I tire of the mindset that is always looking for OTHERS to pay more taxes and One million is hardly super rich. 5 million isn't super rich. You are the greedy one-you want to tax people who are more industrious and thrifty than your family is

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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 are attempting to connect two different things.
    the death tax is a surtax on those who pay the most income tax. its time to get rid of it

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

    Quote Originally Posted by iguanaman View Post
    Dynastys of super rich families are not the American way and will destroy our way of life. If you don't want the Govt. to get your money, give it away to good causes before you die like Bill Gates. 5 million tax free is enough for most to pass on, greed has no end I guess.

    What if Steve Jobs stopped once he hit 5 Mil and just lived off dividends. Where is the development. You are encouraging the most productive in our society not to produce. Bad position because you think their family doesn't deserve the money.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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

    Quote Originally Posted by Blue_State View Post
    What if Steve Jobs stopped once he hit 5 Mil and just lived off dividends. Where is the development. You are encouraging the most productive in our society not to produce. Bad position because you think their family doesn't deserve the money.
    that also encourages high earners to blow it rather than save for their kids. its idiotic to punish saving and thrift.

    My father earned well over a million a year and drove Oldsmobiles, often until they quit running. Lots of his friends drove expensive sports cars, took expensive vacations all over the world, at at fancy restaurants rather than middle of the road places like we did. Yeah and when my father and mother died, we had a much bigger estate than kids I grew up with whose parents made as much as mine. but according to the parasite mentality, we ought to pay much more taxes

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