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Romney's idiocy

right but the money that was invested in the first place that Romney earned was taxed at a very high rate. If they're going to hit these guys again, with another 40% tax, then they'll likely just sit on it and not invest.



He was already rich before investing. But a low tax on investment returns gives them incentive to invest in little startups and other investments. If you've ever wanted to start up a business and need investors, trust me you don't want the taxes to go up on your investors. That will mean they'll be forced to take a bigger cut from you.

People need to realize, when the rich pay more, they charge more for their products and services. We actually end up paying their taxes.

If there is financial gain on investing and there is no financial gain by sitting on it, there will always be investment. I say tax unearned income annually at the very least at the same rate earned income is taxed at.
 
"Well, the banks aren't bad people. They're just overwhelmed right now." -Mitt Romney

Of course, banks are not bad people. It's becuase banks are NOT people. The sooner we have an amendment that says corporations are not people, the better.

Meanwhile, I am just getting over the flu. I wonder if any of the banks caught it too. 'Ya know, I will believe that banks and corporations are people just as soon as Rick Perry executes one of them. LOL.

NOTE: Is Mitt Romney having an affair with a bank? Will he consummate that relationship soon? :mrgreen:

Banks aren't bad people. They're bumbling idiots. They have done more to destroy the hopes, dreams and aspirations of the middle class than any other entity in the history of the United States. And they continue. Bailouts gallore...yet they continue to "get well" by artificially held-down interest rates that punish those people who have worked and saved all their lives to provide a comfortable retirement for themselves. Bailouts gallore and yet they continue to foreclose on people in such a ridiculous manner as to defy explanation. "You owe $300,000 on your home. We knnow you want us to help you by forgiving some principal, but we aren't going to do that. We're going to foreclose. So. You get to live there rent free while we do that and pocket $15,000 in the 12-14 months it takes us to get the job done. Then we get to pour money into get it ready for sale -- and that'll take us six months. In the meantime, we'll be paying carrying costs, real estate taxes, repairs, redecorating, etc., etc., etc. And then, after all that, we'll put the house on the market for $180,000 and hold it for a couple of years."

Banks. The other stupid.
 
out of touch syndrome.....he is so rich that he hasn't a clue how the average person lives....

That's what I think too. He would have been a better VP...
 
I think the part that you are overlooking is that he wasn't speaking literally. :mrgreen: The point he was expressing is that corporations consist of people, and, subsequently, things that affect corporations, like higher taxes or more regulation, for example, have real consequences on people and their lives.

I don't think for a million years, in Romney's head, he sees the image of one gigantic person with a Microsoft name-tag on it. lol

I'm also glad to see that he doesn't jump on the bandwagon of demonizing banks and financial institutions. I really hate politicians who cater to the uninformed sentiments of uninformed people.

Lumberjacks and loggers are people, does mean that forests and trees are people too?

Marine biologists, the navy, scuba divers, etc. they are people, the oceans consist of people working to earn a living, does that mean the oceans are people?

Do corporations cease to be a person, when all the people go home and turn off the lights for the night?
 
Lumberjacks and loggers are people, does mean that forests and trees are people too?

Marine biologists, the navy, scuba divers, etc. they are people, the oceans consist of people working to earn a living, does that mean the oceans are people?

Do corporations cease to be a person, when all the people go home and turn off the lights for the night?

That's pretty much my argument. As I say it, if corporations are people because there are people in it then the ocean is a fish.

This is the same old ideological fight that our country is constantly at war with. From founding father's days, to Lincoln, to Teddy and Franklin Roosevelt to modern days. Corporate or big monied influence trying to buy political power. Natural people reject this ideology so instead of these powers standing on their own two feet and making this argument, they try to bend the constitution so that a business is itself a person and therefore deserves the same rights and protections as an individual.

It surges and gets beat down and then creeps back up and surges again... and again... and again.

The question is, who will step up and beat these punks back into their place politically? Especially now since these punks pretty much fund and own the very people needed to beat these punks back into place.
 
But it's a secondary tax. The first time around it was taxed at 30-35%% or higher, so in reality he's paid about 45-50% on that money. Why he can't explain this for himself is another question.

that is the bs lie that you all keep repeating.
 
that is the bs lie that you all keep repeating.
a really good lie bears repeating, its like rolling a turd in glitter, do it long enough and it will look all shiny...and true !!!!
 
anyone suitable to be president ought to be an elite

Why not just go back to a monarchy then? At least they could be groomed to be as elite as possible...
 
Banks aren't bad people. They're bumbling idiots. They have done more to destroy the hopes, dreams and aspirations of the middle class than any other entity in the history of the United States. And they continue. Bailouts gallore...yet they continue to "get well" by artificially held-down interest rates that punish those people who have worked and saved all their lives to provide a comfortable retirement for themselves. Bailouts gallore and yet they continue to foreclose on people in such a ridiculous manner as to defy explanation. "You owe $300,000 on your home. We knnow you want us to help you by forgiving some principal, but we aren't going to do that. We're going to foreclose. So. You get to live there rent free while we do that and pocket $15,000 in the 12-14 months it takes us to get the job done. Then we get to pour money into get it ready for sale -- and that'll take us six months. In the meantime, we'll be paying carrying costs, real estate taxes, repairs, redecorating, etc., etc., etc. And then, after all that, we'll put the house on the market for $180,000 and hold it for a couple of years."

Banks. The other stupid.

Remember when Obama was promising, when he was running for president, no bailouts for the banks? What he did after he was elected is why I affectionately refer to him as Bush III.
 
The more I hear from Romney, the more and more I hate him. You know the flip flopping he does all the time? There's one thing he doesn't waver on, and that's his dedication to concentration of private and corporate wealth at any cost. He is absolutely in the type of people who are abusing and destroying this country's economy for their own gain and seems to care for nothing besides protecting his own wealth and the wealth of those like him.

This is the real class warfare. Romney's only real position is taking everything away from the lower and middle classes and giving it to the wealthy. This is real wealth redistribution, and unquestioning support of oligarchy. Please, Republicans, if he gets the nomination, please vote in your own financial interests and do not support this guy. He cares nothing for you or me, or any problems we face. We're just a tool for him to amass more power and wealth. Mitt Romney is the guy who will help businesses pay even less in taxes, evade environmental regulations, ship jobs to third world countries, and further widen the gap between rich and poor (and push the middle class more and more into the "poor" category) in this country.
 
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