ROMNEY: "I NEVER PAID LESS THAN A 13% INCOME TAX RATE"
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Anonymous
Globally the average VAT is 19%. On everything you buy. And it takes the stroke of a pen to bump it higher. You really want to go there? |
Anonymous
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Harry Reid to Romney. PROVE IT
http://politi.co/NqctFF |
Anonymous
| You think he and his wife could get on the same page. Looks like marriage problems! |
Anonymous
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The thing that bothers me about this is his lack of judgement on the matter. No matter what your politics are, he has handled a sensitive, delicate situation badly.
How could he possibly think his 13% quote makes the situation better? |
Anonymous
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Actually I thought the flack's quote was great: "We'll believe it when we see it." It's almost like Romney teed up the ball and handed them the club. |
Anonymous
I wish I only had to pay 13/!
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Anonymous
| He's obviously talking about capital gains and dividends. Corporate profits which belong to stockholders are taxed once at 35% before the owner gets them and then again at 15% as dividends. the government makes mafia shakedown criminals look like pantywaists. |
Anonymous
Obviously not. (1) Capital gains are not taxed at all. I'm sure you realize that, right? (2) His carried interest, ie the way he was paid at Bain Capital, came from a partnership and therefore is not taxed prior to distribution. If you want to have a non-crazy discussion about taxation of dividends, one exists. But you are confused about the substance of the problem and how it applies to Mitt Romney. |
Anonymous
To be clear on (1) I meant "not taxed at all prior to distribution the shareholder". |
Anonymous
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He's proud of paying a 13% rate? Please God don't let this greedy monster win the presidency! The nerve of this man!
Plus we won't even PROVE the sickeningly low rate!!! |
Anonymous
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Interesting article today in the Post about his equating taxes and charitable donations:
http://www.washingtonpost.com/politics/romneys-equating-of-taxes-and-charitable-giving-sparks-debate/2012/08/18/63bea3e6-e891-11e1-936a-b801f1abab19_story.html?hpid=z1 How long before a Super PAC raises the question - "6% charitable donantions, huh? Great - to whom? how much of it was to the Mormon Church?" (As an aside - he's REALLY not good on his feet, off script.) Do millions in donation to any religion really justify such a low tax rate? |
Anonymous
| How many foreign governments are pulling Romney's strings? I bet he has secrete accounts in Russia. |
Anonymous
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The bottom line: revelation of what's in his taxes is a greater risk to his candidacy than speculation about what he's hiding.
That says everything I need to know. Whether it's something illegal or merely untowards, why would any thinking person want that level of risk-taking in the White House? Oh! Right. Thinking persons are a dying breed in America. |
Anonymous
I don't think it's anything illegal, or even in the gray area. I do think that he paid a very low tax rate - in and of itself, nothing wriong with that. I also think that that money is parked in various shelter vehicles both domestically and offshore, and while again, there's nothing wrong with that, it would illustrate that the whole "lower taxes for high-income people, especially on capital gains, are NECESSARY because they're the job creators" mantra Republicans are espousing is horseshit. Money parked in a Cayman islands tax shelter ain't creating jobs for anyone. |
Anonymous
Do you realize that 80% of americans pay less than 15% effective tax rate? http://money.cnn.com/2012/08/16/news/economy/romney-taxes/index.html according to this article: "For families making $50,000 to $75,000, the effective tax rate is 5.7%. From $75,000 to $100,000, it's 7.2%. And if you make $200,000, it goes up to 9.9% " |