Romney can't win

#76
#76
LG,

How many historical examples can you provide where the lower/middle class overthrowing the wealthy turned into a good thing?
 
#81
#81
lawgator1 said:
Somewhat, although he pays taxes at a rate of 26 %, which is much more inline with the middle class. Think his income was like $1.7 million. High, of course, but not in the same class as Romney.

He would have the obvious moral high ground here
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I'm talking about the federal government association
 
#83
#83
The amount of attention Romney's taxes are garnering is ridiculous.

Welcome to modern American politics, where non-issues are the top news stories.
 
#84
#84
Pepe_Silvia said:
The amount of attention Romney's taxes are garnering is ridiculous.

Welcome to modern American politics, where non-issues are the top news stories.
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People fighting Romney on tax question are distracted from real issues like endless war and spending.

People defending Romney on tax question are distracted from real issues like endless war and spending.

This is why we end up electing candidates that perpetuate war and out of control spending.
 
#85
#85
nbakerld said:
People fighting Romney on tax question are distracted from real issues like endless war and spending.

People defending Romney on tax question are distracted from real issues like endless war and spending.

This is why we end up electing candidates that perpetuate war and out of control spending.
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It's too painful to face the hard fact that this country is surely dying.
 
#86
#86
I don't think it is right to criticize people as merely engaging in "class warfare" for wondering aloud whether this kind of ANNUAL income, where he pays a relatively low rate in taxes because of the source of the income, is reasonable or justified.

I think he should be allowed ti make as much as he can.

I do, however, have a problem with him getting to pay such a low rate relative to someone making the same amount of money through actual work.

The retort is that we should lower the rate of the working guy to meet Romney's? We can't do that. It won't work, fiscally.

The solution is to raise taxes on Romney and on others making money from capital gains and dividend/investment income, etc.

I said just the other day on here that I am in principle in agreement with a flat tax as long as the same rate is applied to investment income as is applied to ordinary income.

I think you are going to see a real push for that this year.
 
#87
#87
lawgator1 said:
I don't think it is right to criticize people as merely engaging in "class warfare" for wondering aloud whether this kind of ANNUAL income, where he pays a relatively low rate in taxes because of the source of the income, is reasonable or justified.
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you are using him as an example even though he has zero control over what he pays. He does not get to set the rates
lawgator1 said:
The retort is that we should lower the rate of the working guy to meet Romney's? We can't do that. It won't work, fiscally.
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sure it would but that would require people to get off the govt dole. Sadly it has become such an accepted part of US society that it would be a nasty fight. However it is a fight worth joining (unless you enjoy seeing the US fall)
 
#89
#89
utvolpj said:
you are using him as an example even though he has zero control over what he pays. He does not get to set the rates


sure it would but that would require people to get off the govt dole. Sadly it has become such an accepted part of US society that it would be a nasty fight. However it is a fight worth joining (unless you enjoy seeing the US fall)
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Its not that Romney has personally caused it or is doing anything wrong. Its that he exemplifies this special treatment given to people who make money off of investments.

And the more money you make, the more magnified the difference.
 
#90
#90
Romney paid 42 percent of 2011 income in taxes and charity - Right Turn - The Washington Post

“While Romney’s tax rate is — in his own words — ‘probably closer to 15 percent than anything,’ that’s still higher than the 8.2 percent average effective income tax rate (as of 2010) of U.S. households (once you factor in various tax credits). Indeed, nearly half of U.S. households pay no income tax at all. Their average effective tax rate is actually negative. Even if you add in the payroll tax, the effective tax rate of the middle fifth of U.S. taxpayers is 12.8 percent.”
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the middle class is clearly ruining this country
 
#91
#91
utvolpj said:
Romney paid 42 percent of 2011 income in taxes and charity - Right Turn - The Washington Post

the middle class is clearly ruining this country
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I'd prefer not to speak in terms of who is "ruining" what because we won't get anywhere and it will just get worse and worse.

I'd prefer to see a simpler tax code, maybe 4 or 5 levels of stratification, no corporate income tax but all proceeds treated as taxable to individual shareholders or owners for purposes of whatever rate they fall into, and no distinction between types or sources of income.

Treat it all the same.

Everyone pays something. No $ escape into loopholes or temporary deductions that of course become permanent.
 
#93
#93
Gramps said:
Guess who is a guest at the State of Union tonight?
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I saw that - I wonder if we will ever see what her "effective" tax rate is?

I'm guessing no. What we will here is:

1) her rate equated to the top marginal rate to which her income is subject or

2) the average of all the marginal rates she faces before taking into account all the deductions/credits that lower her income and lead to her effective rate.

If an R used this tactic LG would be foaming at the mouth about the blatant misrepresentation and falsehoods. When Obama does it he may call it "doofusy" but correct in principle.
 
#94
#94
Not going to validate this asinine thread, but mitt won't win and it has nothing to do with his private sector record (although the job creator thing is a bit of a stretch but what he did was all legal)

another wonderful colbert quote explains it nicely: "the only difference between mitt romney and a statue of mitt romney is the statue never changes it's position"
 
#95
#95
milohimself said:
Not going to validate this asinine thread, but mitt won't win and it has nothing to do with his private sector record (although the job creator thing is a bit of a stretch but what he did was all legal)

another wonderful colbert quote explains it nicely: "the only difference between mitt romney and a statue of mitt romney is the statue never changes it's position"
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Ha, that's pretty funny.

I know that if I were making $21 million a year I'd be about the most entertaining fun-to-be-around dude on the planet.
 
#96
#96
lawgator1 said:
Ha, that's pretty funny.

I know that if I were making $21 million a year I'd be about the most entertaining fun-to-be-around dude on the planet.
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you could be making that kind of money if you wouldn't spend so much time on a Vol message board

ambulance chasing worked for John Edwards and it can work for you too
 
#99
#99
let me see if I understand:

Romney pays the amount of taxes he is legally required to, this is a major story because the rate is "too low."

Tim Geithner does not pay taxes, this is a non story even though he is the Treasury secretary.

Charlie Rangel evades taxes, this is a non story because it is racist to suggest that Charlie Rangel is a tax cheat.

paying taxes is bad. evading taxes is ok.
 
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