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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 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.
    As a rule dead people don't produce much.

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

    Quote Originally Posted by AdamT View Post
    As a rule dead people don't produce much.
    Comical response. Why should they produce past 5 million in life?
    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 TurtleDude View Post
    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
    There is no evidence to support the proposition that having children makes people more productive. In my experience big-time earners don't really care that much about money. They just tend to be hypercompetitive, ego-driven people who think of it as a game. It doesn't matter to them if they've made more money than they could ever realistically spend.

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

    Quote Originally Posted by Keridan View Post
    Okay, folks. My basic stance is that the death tax is a punishment for looking out for your family with income that you were already taxed on. I'm not hyper-partisan or even really right wing. Show me those arguments and let's discuss. I apologize for my laziness, but I'm not going back through 177 pages in this thread and every other thread to find the arguments. Please bear with me and present those arguments succinctly again.

    As for the semantics of the name, you can call a stable the Mariott, but that doesn't stop it from smelling like poop and I won't look forward to staying there. I don't call lots of government programs by their presented name. Convince me this isn't a barn full of dung and fat animals.
    The fact is that virtually everyone pays taxes on money they paid taxes on. Like state, local and payroll taxes and many more, estate taxes are just a different category.


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

    Quote Originally Posted by Blue_State View Post
    Comical response. Why should they produce past 5 million in life?
    See above.

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

    Quote Originally Posted by AdamT View Post
    As a rule dead people don't produce much.
    I guess you are ignorant at how much royalties Admiral Morrison received from his dead son's record sales or that Jimi Hendrix's father only became a millionaire after Jimi croaked?

    those two stars produced close to a billion in sales long after they died!!!

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

    Quote Originally Posted by TurtleDude View Post
    I guess you are ignorant at how much royalties Admiral Morrison received from his dead son's record sales or that Jimi Hendrix's father only became a millionaire after Jimi croaked?

    those two stars produced close to a billion in sales long after they died!!!
    So there are exceptions to every rule.

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

    Quote Originally Posted by AdamT View Post
    There is no evidence to support the proposition that having children makes people more productive. In my experience big-time earners don't really care that much about money. They just tend to be hypercompetitive, ego-driven people who think of it as a game. It doesn't matter to them if they've made more money than they could ever realistically spend.
    well I certainly save for my son and that is my main motivation to be thrifty and save. I could have retired at 40 and have the same lifestyle I have now but I keep working for my son.

    but perhaps you should limit your evaluations of people you are actually familiar with.

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

    Quote Originally Posted by TurtleDude View Post
    well I certainly save for my son and that is my main motivation to be thrifty and save. I could have retired at 40 and have the same lifestyle I have now but I keep working for my son.

    but perhaps you should limit your evaluations of people you are actually familiar with.
    I wasn't talking about you. If I was I would have said that you don't do people any favors by giving them a lot of unearned wealth.

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

    Quote Originally Posted by AdamT View Post
    See above.
    Sorry I read your comments this way, so I want to clarify your position. If given the means, you wouldn't want to provide for your children and their children? You don't want them to have the means for the best after you busted your ass for x amount of years?
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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