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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 teamosil View Post
    Everybody agrees that Romney pays mostly income taxes and most people pay mostly regressive taxes. Just screaming that over and over is idiotic. Everybody knows that. That has zero impact on what we're talking about- that the rich pay a much lower percentage of their income in taxes than working people do. Do you honestly not understand that? If you don't, you need to just settle yourself down and concentrate. If you do understand that and are just intentionally playing dumb to irritate people, then you need to find a hobby you aren't so bad at.



    Of course not. They're called "food stamps". Some people are on food stamps, some are on both welfare and food stamps.
    You are lying again, only a very small percentage of the "rich" (which obama calls anyone making more than 200K a year or over) are like that. and you claim I am Playing dumb while your posting here suggests that perhaps you aren't acting.

    bottom line I already posted the fact that those making under 10 million a year pay the highest effective income taxes-higher than those making 100-200K, Higher than those making 200-500K a year etc. Until one hits the 10 million a year (and how many in the top one percent -which starts at 375K a year-are over 10 million a year versus under that amount) the average effective income tax rate increases with INCOME.

    YOu have been destroyed on this issue and its obvious your ranting is based on both a serious amount of envy of the successful and a blatant and pathetically dishonest attempt to smear Romney

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

    Quote Originally Posted by TurtleDude View Post
    I wonder if its not a form of welfare WTH would a welfare reform act apply to it?
    LOL. It's funny that you still pretend you're a lawyer and you would ask a question like that. The PRWORA implemented hundreds of changes across all kinds of stuff. For example, it created Americorp. What PRWORA did was scale back welfare dramatically. It ended the old welfare program- AFDC and created TANF to take it's place, but with radically tighter requirements and limited duration and whatnot. Then it made a bunch of changes to other program to lessen the impact on those getting kicked off and to make them more consistent with the new approach to welfare.

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

    Quote Originally Posted by TurtleDude View Post
    You are lying again, only a very small percentage of the "rich" (which obama calls anyone making more than 200K a year or over) are like that. and you claim I am Playing dumb while your posting here suggests that perhaps you aren't acting.

    bottom line I already posted the fact that those making under 10 million a year pay the highest effective income taxes-higher than those making 100-200K, Higher than those making 200-500K a year etc. Until one hits the 10 million a year (and how many in the top one percent -which starts at 375K a year-are over 10 million a year versus under that amount) the average effective income tax rate increases with INCOME.

    YOu have been destroyed on this issue and its obvious your ranting is based on both a serious amount of envy of the successful and a blatant and pathetically dishonest attempt to smear Romney
    Read the post you just replied to. I said "the rich pay a much lower percentage of their income in taxes than working people do". And your reply is "you suck, working people pay high taxes idiot!"... Your posts are all like this. You need to do something about it.

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

    Quote Originally Posted by teamosil View Post
    Read the post you just replied to. I said "the rich pay a much lower percentage of their income in taxes than working people do". And your reply is "you suck, working people pay high taxes idiot!"... Your posts are all like this. You need to do something about it.
    and you are lying because percentages only are measurable on federal income taxes and FICA. stuff like gasoline taxes etc are not subject to accurate measurement

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

    Quote Originally Posted by teamosil View Post
    LOL. It's funny that you still pretend you're a lawyer and you would ask a question like that. The PRWORA implemented hundreds of changes across all kinds of stuff. For example, it created Americorp. What PRWORA did was scale back welfare dramatically. It ended the old welfare program- AFDC and created TANF to take it's place, but with radically tighter requirements and limited duration and whatnot. Then it made a bunch of changes to other program to lessen the impact on those getting kicked off and to make them more consistent with the new approach to welfare.
    lets do a poll

    do you consider food stamps a form of welfare

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

    Quote Originally Posted by TurtleDude View Post
    and you are lying because percentages only are measurable on federal income taxes and FICA. stuff like gasoline taxes etc are not subject to accurate measurement
    LOL. Dude, go google it. There are thousands of studies. Quit just making up excuses to ignore half the relevant data.

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

    Quote Originally Posted by TurtleDude View Post
    lets do a poll

    do you consider food stamps a form of welfare
    Yes, I do.

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

    Quote Originally Posted by teamosil View Post
    LOL. Dude, go google it. There are thousands of studies. Quit just making up excuses to ignore half the relevant data.
    50 different states, none of which is tracked (when you buy something there is no record of who bought it, what income he had etc)

    Its at best a guess.

    and I ask one more time, what was the point of you whining about Romney? you never did answer how much sales tax he pays, the amount of property tax he pays etc. and guess what, those taxes have absolutely no relevance to the amount of income he has or what percentage of his income they make up

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

    Quote Originally Posted by Centinel View Post
    Yes, I do.
    \

    Just about everyone does. teamosil doesn't because his idiotic claim of only .5% of people being on "welfare" looks EVEN MORE stupid if one takes into account all the other handouts (DIRECT PAYMENT HANDOUTS) that this federal government engages in

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

    Latest from the WSJ.

    "Start with the fact that, like Warren Buffett, Mr. Romney said he makes most of his money from investments, not wages or salary. Thus his income is really taxed
    twice: once at the corporate tax rate of 35%, then again at a 15% tax rate when it is passed through to him as dividends or via capital gains from the sale of
    stock.

    "The main point is that the average effective tax rate on the richest 1% is already twice as high as that of the middle class"

    "In any event, raising tax rates has not over time succeeded in increasing tax shares from the rich. When the top income-tax rate was as high as 70% in the
    1970s, the top 1% paid about 19% of all federal income taxes. At the current rate of 35% the top 1% pay just under 40% of all income taxes. Liberals say this
    is because the rich earn a larger share of income. But when tax rates are lower, the rich have less incentive to seek tax shelters and more incentive to put
    their money to work in income-earning, revenue-producing ventures. "




    Review & Outlook: How Much the Rich Pay - WSJ.com
    "I can explain it to you but, I can't understand it for you"

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