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

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

TurtleDude said:
we don't have a duty to keep paying more and more taxes so your dem lords can buy the votes of those who want more stuff paid for by others

we pay our fair share and much more than that. its time all of those who want a government as big as it is now to start paying more for what they want
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Taxes benefit the rich more than the poor, otherwise we wouldn't have record numbers of poor. You want to trade places with half the country that you think have it made???
 
Re: Romney's tax rate is only half as high as the middle class pays

TNAR said:
You're fooling yourself if you think spending has ever been significantly decreased. Heck, it doesn't even maintain its present level!
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History says otherwise:

"After eight years, the results of President Clinton’s economic leadership are clear. Record budget deficits have become record surpluses, 22 million new jobs have been created, unemployment and core inflation are at their lowest levels in more than 30 years, and America is in the midst of the longest economic expansion in our history."

The Clinton Presidency: Historic Economic Growth
 
TurtleDude said:
Romney is evil for doing so well and not calling for 40-50-60-70 percent tax rates on investment income
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Let's not fool ourselves about Romney either. He is very much a Big Government politician.

For the record, federal outlays in constant dollars is shown here:
1989 - 1,399.7
1990 - 1,483.6
1991 - 1,501.6
1992 - 1,515.2
1993 - 1,507.7
1994 - 1,531.9
1995 - 1,551.5
1996 - 1,560.6
1997 - 1,568.8
1998 - 1,598.7
1999 - 1,619.9
2000 - 1,659.5

Please note the increase in spending every single year.
 
Re: Romney's tax rate is only half as high as the middle class pays

Catawba said:
Taxes benefit the rich more than the poor, otherwise we wouldn't have record numbers of poor. You want to trade places with half the country that you think have it made???
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that is a bald faced lie

1) Obama claimed that everyone must sacrifice. everyone but the rich will sacrifice by having less government spending while the rich will sacrifice by paying more taxes. that statement of Obama slaps away your claim

2) the more we spend on the poor the more dependent they become on that spending. You are right to one extent, taxes seized to help the poor really help only rich politicians and their toadies in the bureaucracy but they don't help people like me

3) you cannot possibly have read my comment to actually believe that I said they "have it made"

I said they want more government and they want OTHERS to pay for that
 
Re: Romney's tax rate is only half as high as the middle class pays

Catawba said:
Taxes benefit the rich more than the poor, otherwise we wouldn't have record numbers of poor. You want to trade places with half the country that you think have it made???
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He is envious of the goodies people get like food stamps All couple hundred a month.
 
TurtleDude said:
this thread has sort of gone of track but what we have seen is Catawba thinks that if you make a lot of money you have to support higher taxes on yourself or you are greedy or you want to hurt those who aren't smart enough, talented enough or "lucky" enough to do well

And apparently that is why Catawba and others like him piss and moan about Romney. Romney is evil for doing so well and not calling for 40-50-60-70 percent tax rates on investment income
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Who the hell is calling for 40 - 70% tax rates on investments. The rate under the conservative Reagan will be just fine.
 
TNAR said:
Let's not fool ourselves about Romney either. He is very much a Big Government politician.

For the record, federal outlays in constant dollars is shown here:
1989 - 1,399.7
1990 - 1,483.6
1991 - 1,501.6
1992 - 1,515.2
1993 - 1,507.7
1994 - 1,531.9
1995 - 1,551.5
1996 - 1,560.6
1997 - 1,568.8
1998 - 1,598.7
1999 - 1,619.9
2000 - 1,659.5

Please note the increase in spending every single year.
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and the left believes that the rich have an unceasing duty to keep paying more and more taxes as long as the Government needs it

ask our tax hikers on this forum what would be too much taxes-you almost never will get an answer. some want a 90% tax rate
 
Catawba said:
Who the hell is calling for 40 - 70% tax rates on investments. The rate under the conservative Reagan will be just fine.
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I have seen dozens of posts wanting to go back to 70-90% rates and several of the people who constantly "like" your posts want investment income treated the same as earned income meaning taxed at 70-90%
 
TNAR said:
Let's not fool ourselves about Romney either. He is very much a Big Government politician.

For the record, federal outlays in constant dollars is shown here:
1989 - 1,399.7
1990 - 1,483.6
1991 - 1,501.6
1992 - 1,515.2
1993 - 1,507.7
1994 - 1,531.9
1995 - 1,551.5
1996 - 1,560.6
1997 - 1,568.8
1998 - 1,598.7
1999 - 1,619.9
2000 - 1,659.5

Please note the increase in spending every single year.
Click to expand...

Yes, much slower growth in spending than either before or after, and you forgot to include the other side of the budget, the increased revenues derived from the tax increases that allowed us to balance the budget.

The only time in the last 30 years it has been done.
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
that is a bald faced lie

1) Obama claimed that everyone must sacrifice. everyone but the rich will sacrifice by having less government spending while the rich will sacrifice by paying more taxes. that statement of Obama slaps away your claim

2) the more we spend on the poor the more dependent they become on that spending. You are right to one extent, taxes seized to help the poor really help only rich politicians and their toadies in the bureaucracy but they don't help people like me

3) you cannot possibly have read my comment to actually believe that I said they "have it made"

I said they want more government and they want OTHERS to pay for that
Click to expand...



Numbering your opinions may impress others, not me.

Come back with some facts when you can find them.
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
stop the lying

Romney pays more tax dollars than "working people" and I suspect Romney worked far harder and far smarter than most of the people you call "working people"

and yes, Romney's effective tax rate during his life is much higher than most "working peoples'"
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wow your hate for the working class is overwhelming in this post!
 
TurtleDude said:
I have seen dozens of posts wanting to go back to 70-90% rates and several of the people who constantly "like" your posts want investment income treated the same as earned income meaning taxed at 70-90%
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Let's see any proposal by congressional Democrats or Obama for capital gains tax rate of 70-90%???
 
Re: Romney's tax rate is only half as high as the middle class pays

Catawba said:
Numbering your opinions may impress others, not me.

Come back with some facts when you can find them.
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this is coming from someone who just claimed the rich benefit more from taxes than the poor? I was quoting your dear leader-are you denying he is correct? He admitted that the rich sacrifice by paying taxes, everyone else sacrifices when they get less government goodies
 
Catawba said:
...you forgot to include the other side of the budget, the increased revenues derived from the tax increases that allowed us to balance the budget. The only time in the last 30 years it has been done.
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Actually there was a surplus in 1969. Furthermore, federal receipts have increased virtually every single year since 1932. Your cause and effect are merely circumstantial.
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
this is coming from someone who just claimed the rich benefit more from taxes than the poor? I was quoting your dear leader-are you denying he is correct? He admitted that the rich sacrifice by paying taxes, everyone else sacrifices when they get less government goodies
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Facts? Sources? Links?
 
TNAR said:
Actually there was a surplus in 1969. Furthermore, federal receipts have increased virtually every single year since 1932. Your cause and effect are merely circumstantial.
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Yes, before supply side economics was undertaken in 1981. That is why I stipulated above, the last 30 years. Of course, but they increase more with higher taxes, which is why the 1990s are the only time in the last 30 years we have significantly reduced the deficit.
 
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Re: Romney's tax rate is only half as high as the middle class pays

Higgins86 said:
wow your hate for the working class is overwhelming in this post!
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your post is incredibly dishonest and what I say is the truth

1) Romney does pay more income taxes than millions of people democrats and unionistas term as "working people

2) Romney has worked harder and smarter than most of them

3) and Romney's tax rate is higher than theirs-you have to be making 200K or more in earned income to have an effective federal tax rate of 15%

why do liberals claim telling the truth is "hate"
 
Catawba said:
Of course, but they increase more with higher taxes...
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I thought you meant 30 years prior to 1992.

I do not think you are accurate regarding this. I will do some research into this and post my findings.
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
your post is incredibly dishonest and what I say is the truth

1) Romney does pay more income taxes than millions of people democrats and unionistas term as "working people

2) Romney has worked harder and smarter than most of them

3) and Romney's tax rate is higher than theirs-you have to be making 200K or more in earned income to have an effective federal tax rate of 15%

why do liberals claim telling the truth is "hate"
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I didnt read that from your post, the fact you are putting "working people" in quotation marks is a piss take on your part. I also disagree that Romney has worked harder than working class people like construction guys, soldiers, fireman etc. He has worked smarter and had his fare share of luck as well but to say he has worked harder than most working class people is a joke!
 
Re: Romney's tax rate is only half as high as the middle class pays

Higgins86 said:
I didnt read that from your post, the fact you are putting "working people" in quotation marks is a piss take on your part. I also disagree that Romney has worked harder than working class people like construction guys, soldiers, fireman etc. He has worked smarter and had his fare share of luck as well but to say he has worked harder than most working class people is a joke!
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You are late to the game and not being native you might not understand what "working people" have come to mean in the USA. Its code for union workers. Union toadies and the politicians who cater to unions use that term as a code word to suggest that union members are "working people" when in reality non union people work as hard-often harder than union members in the same trades. Furthermore, wall street law firm associates, surgical residents and young MBAs at places like Proctor and Gamble put in hours that would kill many of those so called "working people".
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
You are late to the game and not being native you might not understand what "working people" have come to mean in the USA. Its code for union workers. Union toadies and the politicians who cater to unions use that term as a code word to suggest that union members are "working people" when in reality non union people work as hard-often harder than union members in the same trades. Furthermore, wall street law firm associates, surgical residents and young MBAs at places like Proctor and Gamble put in hours that would kill many of those so called "working people".
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So Firemen, Policemen and teachers are not working people?
 
Re: Romney's tax rate is only half as high as the middle class pays

Higgins86 said:
So Firemen, Policemen and teachers are not working people?
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they are but they aren't the majority and to claim the average NEA member worked harder than someone like Romney is a joke. I don't know how many major league executives you have dealt with but Forbes did a study on the "average" CEO of a Fortune 500 company. As I recall, it involved 6 major moves in 20 years, along with averaging 70 hours of work for those two decades leading up to ascension to the top echelons of those companies
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
they are but they aren't the majority and to claim the average NEA member worked harder than someone like Romney is a joke. I don't know how many major league executives you have dealt with but Forbes did a study on the "average" CEO of a Fortune 500 company. As I recall, it involved 6 major moves in 20 years, along with averaging 70 hours of work for those two decades leading up to ascension to the top echelons of those companies
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I know a lot of guys that would not mind pulling a 70 hour week as a CEO rather than a 60 hour week as a blue collar guy with no healthcare or pension. The average American’s net worth has dropped 8 percent during the past six years but the price of gas/food etc has gone up which pretty much means that a lot of America especially those under 30 are doing jobs for less pay but the price of living has gone up. A lot of people on food stamps today are in full time employment or at least part time employment and need the stamps because their wages are not cutting it. Ask these people if they feel sorry for the top 1% and their taxes going up!
 
Re: Romney's tax rate is only half as high as the middle class pays

Higgins86 said:
I know a lot of guys that would not mind pulling a 70 hour week as a CEO rather than a 60 hour week as a blue collar guy with no healthcare or pension. The average American’s net worth has dropped 8 percent during the past six years but the price of gas/food etc has gone up which pretty much means that a lot of America especially those under 30 are doing jobs for less pay but the price of living has gone up. A lot of people on food stamps today are in full time employment or at least part time employment and need the stamps because their wages are not cutting it. Ask these people if they feel sorry for the top 1% and their taxes going up!
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that's a great way to base tax policy-asking the bottom rung who should pay more
 
Re: Romney's tax rate is only half as high as the middle class pays

j-mac said:
Well, if you truly think that liberals today are positioned in the center, then I don't know what I could possibly do to get through. Other than to say we are not going to agree.

j-mac
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We are talking about the Democratic Party as a collective whole....... not just liberals. That is your error.
 
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