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

  1. #31
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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
    No doubt Pelosi should pay way more in taxes. And Buffet and Gates and all the other rich Democrats. The tax breaks indeed do go to people from both parties. That doesn't make them any more acceptable.
    why? so people like you can have artificially low taxes for what you want from the government?

  2. #32
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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
    When I hear these specifically phrased points, I always wonder something. If Warren has it so great and contributes so little, maybe he and his secretary would like to trade tax bills. Not effective amounts, but bills.

    When the top 1% is no longer paying 38% of all FIT and the top 10% is no longer paying almost 3 quarters of all collected FIC, I will listen to talk about not paying their fair share.
    That doesn't really make sense to talk about the absolute amount somebody pays. If you just look at that then all you're really measuring is how wide the wealth gap is between the super rich and working people. They pay a lot of taxes because they're getting insanely huge amounts of money. That gap being super wide is an argument for more progressive taxation, not less.

    Quote Originally Posted by Keridan View Post
    I actually don't mind the idea of taxing capital gains as normal income
    In my view that is the solution to a lot of society's problems. Put the super rich's interests in the same bucket as working people.

  3. #33
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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
    That doesn't really make sense to talk about the absolute amount somebody pays. If you just look at that then all you're really measuring is how wide the wealth gap is between the super rich and working people. They pay a lot of taxes because they're getting insanely huge amounts of money. That gap being super wide is an argument for more progressive taxation, not less.



    In my view that is the solution to a lot of society's problems. Put the super rich's interests in the same bucket as working people.
    actually there are good reasons why the income tax scheme actually helps the people you call insanely wealthy

    the death tax and the progressive income tax hurts those who are somewhat rich and insulates the "insanely rich"

    that is why so many uber wealthy people support the death tax and progressive income taxes. guys making 400K to 2 or 4 million a year with a lot of salary in that mix tend to be the ones most opposed to the PIT and the Death tax

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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
    Pelosi inherited and married into wealth, she has done nothing really to earn it but since she's a big lefty she won't get criticized by the whiners who attack Romney who actually created wealth
    So you guys have a lot in common.

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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
    actually there are good reasons why the income tax scheme actually helps the people you call insanely wealthy

    the death tax and the progressive income tax hurts those who are somewhat rich and insulates the "insanely rich"

    that is why so many uber wealthy people support the death tax and progressive income taxes. guys making 400K to 2 or 4 million a year with a lot of salary in that mix tend to be the ones most opposed to the PIT and the Death tax
    The estate tax doesn't hurt anyone who's just somewhat rich.

  6. #36
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by AdamT View Post
    So you guys have a lot in common.
    silly personal attacks are bad enough, ones based on lies are even worse and when envy and lies combine, its the nadir

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

    Quote Originally Posted by AdamT View Post
    The estate tax doesn't hurt anyone who's just somewhat rich.
    really, tell us your expertise on that. and define somewhat rich. you libs want the death tax to start at a million so a modest estate of 2 million means the second million loses 550,000 dollars

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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
    silly personal attacks are bad enough, ones based on lies are even worse and when envy and lies combine, its the nadir
    That's quite ironic, so you do get half a point.

  9. #39
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by AdamT View Post
    That's quite ironic, so you do get half a point.
    You really haven't the cred to be that arrogant towards anyone.

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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
    really, tell us your expertise on that. and define somewhat rich. you libs want the death tax to start at a million so a modest estate of 2 million means the second million loses 550,000 dollars
    "you libs" want that? According to whom? As far as expertise, at least I know enough to understand that the exemption is per inheritor, so if there's more than one inheritor there is exactly zero tax on a $2 million estate -- even with your made-up $1 million exemption.

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