Page 85 of 192 FirstFirst ... 3575838485868795135185 ... LastLast
Results 841 to 850 of 1914

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

  1. #841
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

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

    Quote Originally Posted by Centinel View Post
    I just told you. It's not stealing. It's taxation. Stealing is illegal. Taxation is legal. There's a big difference.
    Ah, see and I thought you were being sarcastic. Thanks for clarifying that you don't have a problem with taxes.

  2. #842
    Banned
    Join Date
    Oct 2011
    Location
    Penn's Woods
    Last Seen
    09-01-12 @ 09:09 PM
    Lean
    Independent
    Posts
    2,984

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

    Quote Originally Posted by AdamT View Post
    Ah, see and I thought you were being sarcastic. Thanks for clarifying that you don't have a problem with taxes.
    Oh I have a problem with them. They're immoral. They're just not stealing, since it's the government that's doing it.

  3. #843
    Sage

    Join Date
    Oct 2011
    Last Seen
    07-25-17 @ 12:35 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,878

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

    Quote Originally Posted by haymarket View Post
    They will have no choice. The issue will be out there and even if the elected pols do not embrace it, others will and it will not go away. It will cause people to change minds and positions.

    But we will see. you could be right.
    ARE YOU KIDDING? What percentage of the electorate will comprehend the concept of capital gain? And of those will they then understand that these taxes will effect THEIR deferred compensation (401k, pensions, etc.) similarly?

  4. #844
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

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

    Quote Originally Posted by Centinel View Post
    Oh I have a problem with them. They're immoral. They're just not stealing, since it's the government that's doing it.
    I see. So you're also against national defense, border security, highways, airports, etc., etc.? Or you think all that stuff should be done out of the goodness of people's hearts -- because you're such a nice guy?

  5. #845
    Sage

    Join Date
    Oct 2011
    Last Seen
    07-25-17 @ 12:35 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,878

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

    So in 2007 the total realized capital gains was $924b and revenue on said gains was $126b (13.6%). The AVERAGE annual projected realized capital gains 2010-2015 is $740b. If the UNDERSTOOD proposal in this thread is to raise the capital gains tax rate to the 35% the US will realize an increase in revenue of $148b annually (740x.20). Notwithstanding the effect it will have on the economy does this REALLY sound like an effective way to reduce a $1.2t deficit? Am I missing something?

    The Revenue Outlook

  6. #846
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 04:08 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,574

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

    Quote Originally Posted by teamosil View Post
    The average American pays 27%. Romney pays 15%. Who isn't being honest here, us or you?
    not that lie again

    you are using everyones entire taxes and pretending that Romney's 15% capital gains rate does not encompass any other taxes

    the average american pays far less a percentage on EVERY TAX THAT IS PROGRESSIVE than Romney

  7. #847
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 04:08 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,574

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

    Quote Originally Posted by AdamT View Post
    I see. So you're also against national defense, border security, highways, airports, etc., etc.? Or you think all that stuff should be done out of the goodness of people's hearts -- because you're such a nice guy?
    the problem is that those who drive most of the spending are undertaxed because they have most of the votes and an unfair burden is placed on the "rich" because they cannot outvote the middle class

  8. #848
    Banned
    Join Date
    Oct 2011
    Location
    Penn's Woods
    Last Seen
    09-01-12 @ 09:09 PM
    Lean
    Independent
    Posts
    2,984

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

    Quote Originally Posted by AdamT View Post
    I see. So you're also against national defense, border security, highways, airports, etc., etc.? Or you think all that stuff should be done out of the goodness of people's hearts -- because you're such a nice guy?
    Nope. Not against those things. Those are valuable goods and services for which I'd be willing to pay. (Well, maybe not airports.)

  9. #849
    Sage


    MaggieD's Avatar
    Join Date
    Jul 2010
    Location
    Chicago Area
    Last Seen
    @
    Gender
    Lean
    Moderate
    Posts
    43,243
    Blog Entries
    43

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

    Quote Originally Posted by Dickieboy View Post
    ARE YOU KIDDING? What percentage of the electorate will comprehend the concept of capital gain? And of those will they then understand that these taxes will effect THEIR deferred compensation (401k, pensions, etc.) similarly?
    I question your concept of capital gains. Raising taxes on capital gains will not effect anyone's 401K, pensions, IRA's, etc.

    When Newt is paying 32% of his income, and Romney is paying only 15% of his income due to capital gains taxes (if that ends up being true), the electorate will definitely understand it. Throw in that Warren Buffett has structured his income into mostly capital gains by only taking a salary of $100,000 a year, and you've got the trifecta.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  10. #850
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

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

    Quote Originally Posted by Centinel View Post
    Nope. Not against those things. Those are valuable goods and services for which I'd be willing to pay. (Well, maybe not airports.)
    Okay, and you are paying, in the form of taxes. So how are taxes immoral?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •