• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

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

Status
Not open for further replies.
Re: Romney's tax rate is only half as high as the middle class pays

AdamT said:
We have a $15 TRILLION debt. If you think we can get it under control without raising more revenue you have your head burried somewhere.
Click to expand...

well lets see the government prove it can make massive cuts first

and why do we have a massive debt? because of the attitudes of people like you who think that the government needs to get bigger and bigger and bigger and bigger

lets have some massive cuts to prove that the government will actually get serious about a diet

then if you want to raise taxes-start with those who demand too much government and pay too little taxes
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
uh and how will that be paid down with your beloved tax hikes on the rich


it won't be, we need massive massive cuts-the revenue the government gets now is billions upon billions more than it needs
Click to expand...

That is a separate and different question. Yours was asked and answered.

Why are you unable to defend your own allegations? Cite the law where you are getting this claim about this alleged exchange of value as part of taxation.
 
Re: Romney's tax rate is only half as high as the middle class pays

OpportunityCost said:
You dont help a credit card junkie by loaning them more money. Government must stop spending first. That isnt even close to occurring.
Click to expand...

Which is an entirely different and separate issue.
 
Re: Romney's tax rate is only half as high as the middle class pays

haymarket said:
Which is an entirely different and separate issue.
Click to expand...

Romney has paid more than his share. other have paid far less. end of story
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
well lets see the government prove it can make massive cuts first

and why do we have a massive debt? because of the attitudes of people like you who think that the government needs to get bigger and bigger and bigger and bigger

lets have some massive cuts to prove that the government will actually get serious about a diet

then if you want to raise taxes-start with those who demand too much government and pay too little taxes
Click to expand...

Sorry, but I was against the Iraq War. I was against the creation of the Department of Homeland Security -- the biggest new bureaucracy since the New Deal. I was against Medicare Part D. These were all multi-hundred-billion-dollar boondoggles that people like you supported. So forgive me if I throw the bull**** flag on another conservative claiming that he wants to cut spending just as soon as those tax cuts get passed. Been there, done that.
 
Re: Romney's tax rate is only half as high as the middle class pays

TurtleDude said:
Romney has paid more than his share. other have paid far less. end of story
Click to expand...

More pontifications of belief and you are still powerless and unable to defend your previous claims and allegations. Again, Cite the law where you are getting this claim about this alleged exchange of value as part of taxation.
 
TurtleDude said:
that also encourages high earners to blow it rather than save for their kids. its idiotic to punish saving and thrift.

My father earned well over a million a year and drove Oldsmobiles, often until they quit running. Lots of his friends drove expensive sports cars, took expensive vacations all over the world, at at fancy restaurants rather than middle of the road places like we did. Yeah and when my father and mother died, we had a much bigger estate than kids I grew up with whose parents made as much as mine. but according to the parasite mentality, we ought to pay much more taxes
Click to expand...

"its idiotic to punish saving and thrift"
It is like you have no concept of economics or capitalism. We are a ca[italist consumer economy and we reward spending more than saving...saving does not boost GDP or employment, spending does. Its just the way it is, get used to it. What do you care if you are dead anyway? Besides there is a $5 million deduction on the tax! That is more than "thrift" will get you and hardly punishment. Most families I know would be tickled to inherit $5 million tax free.
 
Re: Romney's tax rate is only half as high as the middle class pays

AdamT said:
Sorry, but I was against the Iraq War. I was against the creation of the Department of Homeland Security -- the biggest new bureaucracy since the New Deal. I was against Medicare Part D. These were all multi-hundred-billion-dollar boondoggles that people like you supported. So forgive me if I throw the bull**** flag on another conservative claiming that he wants to cut spending just as soon as those tax cuts get passed. Been there, done that.
Click to expand...

I was against staying in Iraq once we took out the regime, I was against the Dept of Energy, the department of education and several other government branches that are state functions. and this government did not cut spending when GHWB increased taxes

fool us once..................


and if you want to pay more taxes by all means do it we tire of being told we need to fund hog that we already give too much to
 
iguanaman said:
"its idiotic to punish saving and thrift"
It is like you have no concept of economics or capitalism. We are a ca[italist consumer economy and we reward spending more than saving...saving does not boost GDP or employment, spending does. Its just the way it is, get used to it. What do you care if you are dead anyway? Besides there is a $5 million deduction on the tax! That is more than "thrift" will get you and hardly punishment. Most families I know would be tickled to inherit $5 million tax free.
Click to expand...

why do people who rarely have demonstrated any success in capitalism or any concept of personal economics are often the ones who lecture those of us who aren't needing government handouts about such things

You didn't earn the money and you have no right to tell others what they should do with it
 
TurtleDude said:
why do people who rarely have demonstrated any success in capitalism or any concept of personal economics are often the ones who lecture those of us who aren't needing government handouts about such things

You didn't earn the money and you have no right to tell others what they should do with it
Click to expand...

Why do you engage in ad hominem attacks upon other posters and jump to wild conclusions about them and their finances simply because they take a different position on an issue that you do? That is NOT debate.
 
haymarket said:
Why do you engage in ad hominem attacks upon other posters and jump to wild conclusions about them and their finances simply because they take a different position on an issue that you do? That is NOT debate.
Click to expand...

truth is not an ad hominem attack. and I didn't mention names.
 
TurtleDude said:
truth is not an ad hominem attack. and I didn't mention names.
Click to expand...

When you repeat a posters post complete with name of that poster and then say something like you did, you most certainly are engaging in an ad hominem attack upon them. This was directed at iguanaman and his name was in your post

why do people who rarely have demonstrated any success in capitalism or any concept of personal economics are often the ones who lecture those of us who aren't needing government handouts about such things
Click to expand...

You have no idea if he is successful in capitalism or what his personal economic condition is. To attack him for that is indeed an ad hominem attack and has no place in debate.


Your allegation of TRUTH is merely your opinion based on your own belief. There is a significant difference.
 
Last edited:
haymarket said:
When you repeat a posters post complete with name of that poster and then say something like you did, you most certainly are engaging in an ad hominem attack upon them.

Your allegation of TRUTH is merely your opinion based on your own belief. There is a significant difference.
Click to expand...

I am basing it purely on what I have seen in their posts. and when someone claims I don't understand capitalism or economics I certainly can fairly note the contrary
 
TurtleDude said:
I am basing it purely on what I have seen in their posts. and when someone claims I don't understand capitalism or economics I certainly can fairly note the contrary
Click to expand...

That is not what you did. You repeated their post and then lectured them about their own lack of success at what you felt was important. As if that is a substitute for intelligent debate.

And please do not think I have forgotten despite all the smoke and mirrors and efforts at three card montie:

Cite the source in the law where you are getting this claim of yours about exchange of value as a necessary component for taxation.
 
Last edited:
haymarket said:
That is not what you did. You repeated their post and then lectured them about their own lack of success at what you felt was important. As if that is a substitute for intelligent debate.

And please do not think I have forgotten despite all the smoke and mirrors and efforts at three card montie:

Cite the source in the law where you are getting this claim of yours about exchange of value as a necessary component for taxation.
Click to expand...

Didn't you read Stillballin's schooling of you concerning this question on the other thread. Law has no relevance to your question
 
TurtleDude said:
Didn't you read Stillballin's schooling of you concerning this question on the other thread. Law has no relevance to your question
Click to expand...

My position has nothing to do with the law. That has been made very very clear.... I wonder why you don't get that? Your position was the statist position based on the law.

I keep asking you where you get this claim from that this exchange of value component is necessary for taxation given that taxation is a law itself? So where does this claim of yours come from?
 
haymarket said:
My position has nothing to do with the law. That has been made very very clear.... I wonder why you don't get that? Your position was the statist position based on the law.

I keep asking you where you get this claim from that this exchange of value component is necessary for taxation given that taxation is a law itself? So where does this claim of yours come from?
Click to expand...

IN all the posts you have read of mine haven't you figured out I don't think income of any type should be taxed
 
teamosil said:
The median effective tax rate in the US is 27%. That's how much the typical American pays between state and federal taxes. Megamillionaire robber baron Mitt Romney, however, only pays 15%.

That is not uncommon at all for the superrich. They do not pay many of the taxes middle class people pay at all- no FICA, no unemployment, no disability, etc. And many of the taxes that apply to a large portion of middle class's income- sales, property, vehicle, etc- apply to only a very tiny percentage of the income of someone as wealthy as Romney, so in effect, they don't really pay those either.

But, you might think, we have a progressive income tax system. Certainly the super rich get hit up on that one. But, nope, they don't. The progressive income tax system really only affects up to upper middle class people. People in really high paying jobs pay 35%, in addition to the other taxes listed above. But once you break past that into the super rich, they don't get paid in wages, they get paid with equity, and equity is only taxed at a measley 15%. So, in addition to being excused from most types of taxes, they get a 20% reduction in their tax break because they don't have to work to make their income.

Romney reveals he pays about 15% in taxes - CNN.com
Click to expand...

I am not a Romney supporter ( I like Gingrich) I concede that fair is fair. Romney paid 15% because the income in question was on capital gains. Capital gains money is frequently used to be re-invested in the business, so the more the IRS gets, the less gets invested in the business to perhaps expand and hire more people.
 
TurtleDude said:
IN all the posts you have read of mine haven't you figured out I don't think income of any type should be taxed
Click to expand...

More personal pontifications. Yes Turtle, I know what you believe. What you believe is not the issue in a debate. You being able to support what you believe is.

Again, where are you getting this claim from about exchange of value being a necessary component for taxation?
 
haymarket said:
More personal pontifications. Yes Turtle, I know what you believe. What you believe is not the issue in a debate. You being able to support what you believe is.

Again, where are you getting this claim from about exchange of value being a necessary component for taxation?
Click to expand...

asked and answered

and the issue is income tax or sales tax


so stop spamming the same silly question over and over

and why wont you answer the question--why does this government deserve or need more of our money
 
TurtleDude said:
asked and answered

and the issue is income tax or sales tax


so stop spamming the same silly question over and over

and why wont you answer the question--why does this government deserve or need more of our money
Click to expand...

If you answered it please cite the post number or provide a link. I saw no answer and I strongly suspect you DID NOT ANSWER the question because you made the stuff up.

I answered your question as soon as you asked it: because we have a huge national debt to pay. Adam gave you the same answer.

See how easy it is to give a direct answer to a question Turtle? I hope you can do the same.
 
Last edited:
dozens of posts have demonstrated that even taking every penny of income above 100K a year won't pay down the deficit the way things are going


so tell me Haymarket, why not demand that the government make MASSIVE MASSIVE Cuts first to PROVE it can do it?

and those who pay far of the income tax burden than their share of the income is not the proper place to start demanding more taxes from
 
TurtleDude said:
dozens of posts have demonstrated that even taking every penny of income above 100K a year won't pay down the deficit the way things are going


so tell me Haymarket, why not demand that the government make MASSIVE MASSIVE Cuts first to PROVE it can do it?
Click to expand...

That is a separate issue and you are again confusing apples with cinderblocks. I have repeatedly said that BOTH sides of the ledger must be dealt with and that means increases in revenue from ALL Americans as well as significant budget cuts.

So why are you repeatedly unable to give me the straight answer about where you are getting this claim about exchange of value being a necessary component for taxation?
 
Last edited:
haymarket said:
That is a separate issue and you are again confusing apples with cinderblocks. I have repeatedly said that BOTH sides of the ledger must be dealt with and that means increases in revenue from ALL Americans as well as significant budget cuts.
Click to expand...

well it seems to me everyone agrees the government needs to engage in massive spending cuts. why wait for that then?
 
TurtleDude said:
well it seems to me everyone agrees the government needs to engage in massive spending cuts. why wait for that then?
Click to expand...

Before I answer yet another question of yours while you ignore the same one over and over and over again:

So why are you repeatedly unable to give me the straight answer about where you are getting this claim about exchange of value being a necessary component for taxation?
 
Status
Not open for further replies.
Back
Top Bottom