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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

It has been calculated that if the federal government were to increase every single tax by 30% it would take 25 years to balance the books BUT only if the government stopped spending more money. And what is the likelihood of that?

You can kiss the idea of a "better America" goodbye. That's gone and you pissed it away.



Benjamin Franklin was said to have been asked, “Well, Doctor, what have we got—a Republic or a Monarchy?”

To which he replied, “A Republic, if you can keep it.”

He seems to have had some foreboding about this generation of Americans.

The only way we can reduce the debt is get the economy going, and the only way we can get the economy going is by increased demand, and the only way you have increased demand is if most of the money is not going to the top, out of reach of the working class who created demand.

Many have already figured this out, which is a very positive sign!
 
Re: Romney's tax rate is only half as high as the middle class pays

No, no, no....This is the only way you can get to your number to prop up your claim, I understand, but you have ignored for quite a few pages now, and I know this to be true, because I am that earner you are talking about...The employee has about 7% of their salary withheld for Federal income tax, the employer pays another 7%. At the end of the year as it is now, I get my W-2, and do my taxes. After my deductions, I usually get back about $1500.00 from federal making my tax that I paid throughout the year, about 6% or so.

Your intentionally attempting to meld any, and every tax together concerning someone making roughly my salary in order to make your meme work, which is at best a clear misunderstanding of what people actually pay, at worst you are lying.


j-mac

As documented, the normal method for economist is to include both the employer's portion and the employee's portion since that is part of the compensation for services. And you evidently are on the low tax side then of the average they used for everyone in the $50,000 to $75,000 range.
 
Re: Romney's tax rate is only half as high as the middle class pays

The only way we can reduce the debt is get the economy going, and the only way we can get the economy going is by increased demand, and the only way you have increased demand is if most of the money is not going to the top, out of reach of the working class who created demand.

Many have already figured this out, which is a very positive sign!


The theory of the Communists may be summed up in the single sentence: Abolition of private property.

KARL MARX, The Communist Manifesto


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

As documented, the normal method for economist is to include both the employer's portion and the employee's portion since that is part of the compensation for services. And you evidently are on the low tax side then of the average they used for everyone in the $50,000 to $75,000 range.


I've published it here before. I am right in the middle, at $60K, and like I said, the practice of adding in what the employer pays is a false narrative seeing as Romney pays the entire amount, and you attack on unequal comparison.

It is a lie.

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

The only way we can reduce the debt is get the economy going, and the only way we can get the economy going is by increased demand, and the only way you have increased demand is if most of the money is not going to the top, out of reach of the working class who created demand.

Many have already figured this out, which is a very positive sign!

Dream on! The US is running on borrowed money and soon you'll have to start printing more, leading to massive inflation. It has been a seamless transition from 'the greatest generation' to the dumbest generation.
 
I wish we'd just get rid of the IRS and income taxes all together. I'd be willing to pay more sales tax than have to deal with our silly tax code that takes an army of lawyers to decipher.

And it would eliminate arguments such as this.
I like the idea of eliminating income tax. In its place, I would institute a very low general excise tax of say 2 or 3%. Federal revenues required in excess of that generated by the excise tax would be raised through requisitions to the states, which would be apportioned by population. Each state would be responsible for paying its own federal tax bill.

In the end, of course, I would like to see all taxes repealed, but the above plan seems like a step in the right direction.
 
Re: Romney's tax rate is only half as high as the middle class pays

It has been calculated that if the federal government were to increase every single tax by 30% it would take 25 years to balance the books BUT only if the government stopped spending more money. And what is the likelihood of that?

You can kiss the idea of a "better America" goodbye. That's gone and you pissed it away.



Benjamin Franklin was said to have been asked, “Well, Doctor, what have we got—a Republic or a Monarchy?”

To which he replied, “A Republic, if you can keep it.”

He seems to have had some foreboding about this generation of Americans.

1- either or is not the solution. Both is the answer.

2- I do not remember kissing or pissing anything goodbye or away. When did I do this?

3- Ben Franklin - a great mind of the 1700's who knew his time as well as any. Sadly for him, its now the 21st century.
 
Re: Romney's tax rate is only half as high as the middle class pays

Moderator's Warning:
Gentlemen, ladies.... please keep this thread civil and refrain from namecalling. Those who cannot do so will be uninvited from it....
 
Re: Romney's tax rate is only half as high as the middle class pays

You mean the one who noticed it and had to make a big deal about it. There was not much notable or offensive about that post, until you decided to make it a major issue.

.

why are you lying?

All I did was make a very short post saying that his mention of race was not furthering discussion.

Bringing race into this does not advance the discussion.

9 words. Now count all the posts and words that the defenders of that silly post on race have added since then.

You and other defenders of the right made a big deal about it. And continue to do so. And I suspect will continue to do so.
 
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Re: Romney's tax rate is only half as high as the middle class pays

1- either or is not the solution. Both is the answer.

2- I do not remember kissing or pissing anything goodbye or away. When did I do this?

3- Ben Franklin - a great mind of the 1700's who knew his time as well as any. Sadly for him, its now the 21st century.

You don't remember a $16 trillion debt either? Do you know who will pay it down?

There is no sadly for him. He's been dead for over 200 years.
 
Re: Romney's tax rate is only half as high as the middle class pays

why are you lying?

All I did was make a very short post saying that his mention of race was not furthering discussion.

You and other warriors of the right made a big deal about it. And continue to do so. And I suspect will continue to do so.

Sorry, you can't put the toothpaste back in the tube. You were the first one to use the word "race" in this thread. (See #1274) Congratulations on your accomplishment.
 
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Re: Romney's tax rate is only half as high as the middle class pays

You don't remember a $16 trillion debt either? Do you know who will pay it down?

and I am to blame for that? Moi?!?!
 
Re: Romney's tax rate is only half as high as the middle class pays

I bitch about the conservative democrats all the time, including the one in the white house. If there were more liberal alternatives, I would vote for them.
And yet...here we are. So basically...big ups for Dennis Kucenich...but all the rest...well...what CHOICE do you have other than supporting them...right? Why...just the other day, I was reading through the posts in the "______________ (congressman...Democrat) only pays 15% in taxes" thread and...oh...wait...never mind...that NEVER happens. the only time you very very very concerned democrats give a **** about who pays what is when it is a republican.
 
Re: Romney's tax rate is only half as high as the middle class pays

Sorry, you can't put the toothpaste back in the tube. You were the first one to use the word "race" in this thread. (See #1274) Congratulations on your accomplishment.

Either you are attempting to set a new standard for being obtuse or have set a new standard for intellectual fraud.

Here is what Turtle said in 1267

its like saying ten black murderers received much higher sentences than 10 white drunk drivers. absolute truth but then claiming blacks are treated more harshly than whites by the justice system would be clearly dishonest

black/white = RACE
black/white = RACE

This is getting beyond amazing.

I am willing to bet a lot of money that if Turtle made a post using the analogy of horses, and I said it was out of place, it never would have been mentioned again. But because the warriors of the far right are hyper sensitive and are on a mission to remove any discussion of race from the lexicon, they jumped on this with bared talons and fangs dripping with vitriolic acid.

And continue to do so peppered with enough intellectual fraud to make an honest man gag.
 
Re: Romney's tax rate is only half as high as the middle class pays

Either you are attempting to set a new standard for being obtuse or have set a new standard for intellectual fraud.

Here is what Turtle said in 1267



black/white = RACE
black/white = RACE

This is getting beyond amazing.

I am willing to bet a lot of money that if Turtle made a post using the analogy of horses, and I said it was out of place, it never would have been mentioned again. But because the warriors of the far right are hyper sensitive and are on a mission to remove any discussion of race from the lexicon, they jumped on this with bared talons and fangs dripping with vitriolic acid.

And continue to do so peppered with enough intellectual fraud to make an honest man gag.
And a partisan hack feign outrage!!! :doh
 
Re: Romney's tax rate is only half as high as the middle class pays

Yep. Learn to accept responsibility.

I have no idea why I am responsible.

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

And a partisan hack feign outrage!!! :doh

You must be gazing into the mirror again.
 
Re: Romney's tax rate is only half as high as the middle class pays

I have no idea why I am responsible.

Do you?

Do you want to raise taxes? If so you are part of the problem, and therefore responsible.

And did you not say that despite leaving the next generation $16 trillion in debts (and counting) the government should also tax whatever inheritance they might get?

You are part of the problem, mate, and therefore responsible.
 
Re: Romney's tax rate is only half as high as the middle class pays

And yet...here we are. So basically...big ups for Dennis Kucenich...but all the rest...well...what CHOICE do you have other than supporting them...right? Why...just the other day, I was reading through the posts in the "______________ (congressman...Democrat) only pays 15% in taxes" thread and...oh...wait...never mind...that NEVER happens. the only time you very very very concerned democrats give a **** about who pays what is when it is a republican.

Raising the capital gains tax rate will equally affect the super wealthy of both parties, will it not?
 
Re: Romney's tax rate is only half as high as the middle class pays

The theory of the Communists may be summed up in the single sentence: Abolition of private property.

KARL MARX, The Communist Manifesto


j-mac

Because Marxism was just like the tax rates of the 1990s in the US. I catch your drift! :lamo
 
Re: Romney's tax rate is only half as high as the middle class pays

I've published it here before. I am right in the middle, at $60K, and like I said, the practice of adding in what the employer pays is a false narrative seeing as Romney pays the entire amount, and you attack on unequal comparison.

It is a lie.

j-mac

I see you still can't grasp it, well don't sweat it, the American people have it figured out!
 
Re: Romney's tax rate is only half as high as the middle class pays

Dream on! The US is running on borrowed money and soon you'll have to start printing more, leading to massive inflation. It has been a seamless transition from 'the greatest generation' to the dumbest generation.

Exactly why we need to both cut spending and increase taxes on the rich, that is the only way we have ever significantly reduced the deficit in the last 30 years.
 
Re: Romney's tax rate is only half as high as the middle class pays

Either you are attempting to set a new standard for being obtuse or have set a new standard for intellectual fraud.

Here is what Turtle said in 1267



black/white = RACE
black/white = RACE

This is getting beyond amazing.

I am willing to bet a lot of money that if Turtle made a post using the analogy of horses, and I said it was out of place, it never would have been mentioned again. But because the warriors of the far right are hyper sensitive and are on a mission to remove any discussion of race from the lexicon, they jumped on this with bared talons and fangs dripping with vitriolic acid.

And continue to do so peppered with enough intellectual fraud to make an honest man gag.
Intellectual fraud? Yes, he said black and white. You were the first to use the term race. You introduced the word race into this thread.
 
Re: Romney's tax rate is only half as high as the middle class pays

Do you want to raise taxes? If so you are part of the problem, and therefore responsible.

And did you not say that despite leaving the next generation $16 trillion in debts (and counting) the government should also tax whatever inheritance they might get?

You are part of the problem, mate, and therefore responsible.

You are making no sense.

If you wanna claim some national debt as your own - welcome to the jungle. But leave me out of your extremist fantasies.
 
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