I could live with 13.9%.

His rate will have to get lower if he's going to create all the jobs he's promising.

Any lower than he'd be right down there with Geitner.
Or Immelt.

Yeah, and the problem in this country is UNIONS wahhh...

Sincerely,
The GOTP...

well, that's "near 15%"

Poor fellow!

Obviously needs another tax break!

Has anyone alleged that he's not paying the legal rate, or that he is evading taxes in any way?

If you don't like the tax laws, Obama and the libtards had two years of full control to change them. Instead, they renewed Bush's rates. It's not Romney's fault that the capital gains rate is lower than the standard income tax rate.

Yeah, and the problem in this country is UNIONS wahhh...

It's not just one problem

"It's not Romney's fault that the capital gains rate is lower than the standard income tax rate."

But it was his party's doing that made it that way.

Danni, if Obama and a Democrat majority in Congress haven't changed that for you, then they either don't want to or are ineffective leaders of this country. Deal with it.

None of this changes the fact that Romney isn't paying any less than he is supposed to (at least nobody has alleged otherwise).

Fuck off, the guy paid over 6 million in taxes last year and lib tards have a problem with that. Get a life!

woo 6 million in taxes on 240 million still not bad..
beats the hell out of my 28% I paid...

"Danni, if Obama and a Democrat majority in Congress haven't changed that for you, then they either don't want to or are ineffective leaders of this country. Deal with it."

Or, more truthfully, they faced the most filibusters in the history of the US and were simply unable to change the tax code because of it. It seems pledge takers won't violate their sacred oaths to Grover Norquist.

"None of this changes the fact that Romney isn't paying any less than he is supposed to (at least nobody has alleged otherwise)."

And I, for one, wouldn't want him to nor would I demonize him for it. I would though demonize all in Congress who signed pledges with Grover Norquist, they put that pledge above their oath of office and that is disgusting.

I'm sure the government can do a lot more with his 6 million than your 5 hundred truthteller, but keep crying about how he doesn't pay enough you pussy

Fuck off, the guy paid over 6 million in taxes last year and lib tards have a problem with that. Get a life!

#10 | POSTED BY FISHPAW AT 2012-01-24 12:08 PM | REPLY | FLAG:

Dummy doesn't understand percentages. Let me guess, you've never held a job or had to pay for anything in your life? Your Mom and Dad take care of you, yet you're still failing math class?

Has anyone alleged that he's not paying the legal rate, or that he is evading taxes in any way?

If you don't like the tax laws, Obama and the libtards had two years of full control to change them. Instead, they renewed Bush's rates. It's not Romney's fault that the capital gains rate is lower than the standard income tax rate.
#6 | Posted by JOE

That's what I've been asking in other forums. But it's about Romney only, not about tax law, which benefits the wealthy regardless of party affiliation.

If you don't like the tax laws, Obama and the libtards had two years of full control to change them. Instead, they renewed Bush's rates. It's not Romney's fault that the capital gains rate is lower than the standard income tax rate.

#6 | POSTED BY JOE AT 2012-01-24 12:02 PM | REPLY | FLAG: Disingenuous hogwash.

People in power just take care of themselves..Listen to what they said in the debate..They want to end capital gain and dividend tax..

But they're not going to end the tax on my social security and my two pensions and IRA..

But why not, it's investments... I paid into them...

What a joke these politicians are.

Sure Banner, I had to put it into real numbers so dummies like yourself could see what he actually pays. I pay over 35% but I'm not bitching about what Romney pays, I'm bitching about what I get for that 35%. If this Pres gets anymore he is just going to continue to waste it.

That's what I've been asking in other forums. But it's about Romney only, not about tax law, which benefits the wealthy regardless of party affiliation.

No, the issue has never been about Romney. Its about the disparity between the tax code for the majority who labor compared to those who's money does the work for them.

Its about someone who admits to being "unemployed" yet earns more money in one day than the average American makes in a year, having to pay a lower percentage in federal taxes than those who toil for their living. And this same person advocates changes in the tax codes that will further DECREASE the amount he contributes while shifting more burden upon those that work for a year to make what he accumulates in a single day.

"Its about someone who admits to being "unemployed" yet earns more money in one day than the average American makes in a year, having to pay a lower percentage in federal taxes than those who toil for their living. And this same person advocates changes in the tax codes that will further DECREASE the amount he contributes while shifting more burden upon those that work for a year to make what he accumulates in a single day."

Let's talk about the $6 million in taxes he paid, and compare it to what YOU contibuted to the Fed Gov? I know you are inbred with a victicrat mentallity, but htf does him paying less create a burden for a loser such as yourself? Or any of the useless dems here?

Danni, if Obama and a Democrat majority in Congress haven't changed that for you, then they either don't want to or are ineffective leaders of this country. Deal with it."

Or, more truthfully, they faced the most filibusters in the history of the US and were simply unable to change the tax code because of it. It seems pledge takers won't violate their sacred oaths to Grover Norquist.

#12 | Posted by danni at 2012-01-24 12:19 PM | Reply |

Danni you got link to support the claim of democrats attempting to change the cap gains rate and running into this "filibuster"-
Truthteller- want to pay 15%- invest and you will pay it on the gains, but not until you pay the full rate on it first- just as Romney did.

Fuck off, the guy paid over 6 million in taxes last year and lib tards have a problem with that. Get a life!
#10 | POSTED BY FISHPAW AT 2012-01-24 12:08 PM | REPLY | FLAG:

Dummy doesn't understand percentages. Let me guess, you've never held a job or had to pay for anything in your life? Your Mom and Dad take care of you, yet you're still failing math class?

#15 | Posted by BruceBanner at 2012-01-24 12:27 PM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

Maybe he understands how much he paid, compared to how much Romney paid and realizes both got the same bang for their tax buck...

Or, more truthfully, they faced the most filibusters in the history of the US and were simply unable to change the tax code because of it

Show me the dems' plan to raise taxes that was filibustered by republicans. If you cant provide that, then you are full of shit, as usual.

Dems dont want to raise taxes. If they wanted to, they would have tried. Hard.

Romney is paying what he is legally obligated to pay. A rate set by Democrats. An Obama hasnt done jack shit to change what you consider to be so inequitable.

* Since 1985, the federal tax rate for the 400 wealthiest Americans dropped from 29 percent to 18 percent. www.nytimes.com

Shouldn't those reaping the vast majority of this nation's economic benefits contribute a fairer share in righting our fiscal imbalance?

#20 | Posted by tonyroma at 2012-01-24 12:40 PM | Reply

whats a fairer share?- did you ask them before spending the country into debt or just want them to come and wipe your ass now that you've shit yourselves. typical dems.

What, exactly, is conservative about a tax system stacked so that the ultrarich make massive profits from it, while working men and women pay a much higher rate on their income? Is the essence of conservatism protecting the privileges of the few at the expense of the many? If so, we lose. We are not egalitarians, and justice doesn't require economic leveling. But soaking the rich isn't what we're talking about here; we're talking about making them pay the same rate of tax as most ordinary people. You're not supposed to talk about this on the Right, but why not? Why is this a question only liberals and Democrats are allowed to ask?---Rod Dreher--The American Conservative

"But soaking the rich isn't what we're talking about here; we're talking about making them pay the same rate of tax as most ordinary people. You're not supposed to talk about this on the Right, but why not? Why is this a question only liberals and Democrats are allowed to ask?"

Really? Ask any dem what they feel about a flat tax where everyone pays the same. How many will still whine it is an advantage to the rich? Kind of hard to push a policy where everyone pays the same when you have emotional, ignorant dems in office and allowed a vote...

He paid a higher percentage than most in his tax bracket. And all legal thanks to Democrats Richard Gephardt and Bill Bradley.

The only way this would be a story is if the headline read: "Romney Paid 13.8% Rate; Was Legally Obligated To Pay 25%."

America elected Obama, presumably to remedy the fact that fatcats like Romney only pay 13%. to date, the problem remains. Blame it on filibusters, etc. The fact remains that Obama has been unable to address the problem. Dems should be running someone against him who is capable of either building consensus or telling Republicans to fuck off. Obama cannot do either of those things.

Remember our tax code layers taxation of dividends and capital gains on top of a top corporate tax rate of 35% so the total taxes paid on that money was much more.

More class envy and attack the rich BS.

According to most studies raising the taxes on capital gains does not result in more revenue, in fact Charlie Gibson brought that up in an Obama interview during his campaign.

With the blue collar worker abandoning the party, and the blue states running out of money, the Democrats are desperate.

It's all about class warfare, because what elese do the have.

Freaking lib's are such hypocrites, where was your outrage over John Kerry taxes?

Tax rates of presidential candidates, in one chart

John Kerry's overall rate is so low - lower than Romney's in fact -because his return is getting lumped together with that of his (wealthy) wife, Teresa Heinz, who had a lot of investment income. On his own, Kerry paid 22.9 percent in federal taxes in 2003 on his $395,338 salary, which included Senate income plus the sale of a 17th-century Dutch painting. Heinz, for her part, had an income of $5.07 million and paid $628,401 in federal taxes, or 12.3 percent. Here's a fuller rundown by The New York Times.

"No, the issue has never been about Romney. Its about the disparity between the tax code for the majority who labor compared to those who's money does the work for them."

Not yet it isn't. This is primary season, not the general. Republican thinking controls the context right now. Until he's the nominee, the issue, as far as it is immediately relevant, is about Romney. You're not going to get too much traction with a GOP crowd using the argument that it should be harder for people to not pay their taxes.

Until then, until Romney is the nominee, the issue, as seen by a Democratic lens, won't be part of the conversation.

A rate set by Democrats.

Not one vote yes on those rates by a republican. Ever.

"woo 6 million in taxes on 240 million still not bad..
beats the hell out of my 28% I paid..."

#11 | Posted by truthteller101

Don't believe you. Divide your total federal tax paid by your total income and give the real percentage.

so the choice might be betweeen a man who can make 45 million and pay LEGAL percent of less than 14

OR a community organizer who's wants the powere to take your money and give it to whoever the fuck will help him out the most.

no choice for me...

sorry...IF mitt's the candidate...

if its newt....not so clear cut of a choice...

Freaking lib's are such hypocrites, where was your outrage over John Kerry taxes?

#32 | POSTED BY PANEOCON

I don't remember John Kerry running a campaign on taxes being too high.

Trying to convince people that they're not paying more taxes than Rmoney is a fool's errand GOPers. Get that into your dumb heads.

Freaking lib's are such hypocrites, where was your outrage over John Kerry taxes?
#32 | POSTED BY PANEOCON
I don't remember John Kerry running a campaign on taxes being too high.
#38 | POSTED BY SYCOPHANT AT 2012-01-24 02:15 PM | REPLY | FLAG:

I dont' remember Kerry's wife running for President either. Funny.

I dont' remember Kerry's wife running for President either. Funny.

The first ladies never do. That's why you NEVER heard the left bring up Barbara or Laura Bush, or Cindy McCain, Bruce.

#41 moral relativism is a staple of the RW race to the bottom. thanks for that one goat.

#39 The problem with the Democratic core base is that they can be easily convinced that someone making 50k and paying 28% is paying more taxes than someone making 24 million and paying 15%.

#43 again, you must not have to support yourself. have you ever drawn up a budget? do you pay bills? do you earn a paycheck? i doubt it.

#43 let me simplify it for you. firstly, do you understand the concept of "financial responsibility" and "disposable income"?

Yes, disposable income is what we are giving this administration and that is what we are trying to get under control. It is simple, I want to work and keep as much of what I earn and the amount I pay in taxes get used for what it was intended to be used for and not wasted. Banner wants to do some work but have those who are succesful pay his share of taxes, that is what is fair, if you make more you hand it over. Simple

#43 let me simplify it for you. firstly, do you understand the concept of "financial responsibility" and "disposable income"?

Disposable income = Income that Bruce thinks you should give to the government.

#47 No, you can't see the point. I'm trying to say that poorer people are using ALL of their money to drive the economy. They spend every dollar to survive and pay taxes on all of it - payroll, sales tax, etc... When an investor earns dividends they are not driving the economy in the same way a consumer does. Your example of someone paying $500 in taxes is funny because you can bet that dollar per dollar, that the poor person is putting more into America.

#48 - pretends to be a doctor but isn't - fuck off and die.

"Romney Paid 13.9% Tax Rate"

And John Kerry paid 12%. Remember how the OMG (Obama Media Group) went after Kerry? Me neither.

#51 Moral relativism is weak. You talking about John Kerry or his wife btw? There is a difference.

Wrong Banner, when the government gets $1 from a poor person and $1 from a rich person the poorer person's dollar does not do more for America. The problem is that both of those dollars get wasted and giving them more of it is giving them more to waste. You and I will agree to disagree.

"Trying to convince people that they're not paying more taxes than Rmoney is a fool's errand GOPers. Get that into your dumb heads."

#39 | Posted by BruceBanner

Let's see, the guy paid 6.2 million over 2 years. That's quite a bit more than I paid.

Did you pay more then that?

When an investor earns dividends they are not driving the economy in the same way a consumer does. Your example of someone paying $500 in taxes is funny because you can bet that dollar per dollar, that the poor person is putting more into America.

#49 | Posted by BruceBanner at 2012-01-24 03:25 PM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

I thought Danni was the most ignorant poster here, but congrats bruce the title is yours.
who knew the best way to grow the economy was to make everyone poor-

#53, #54 Percentages matter. We're not splitting the bill after a few beers here.

#55 go fuck yourself with a rusty tire iron Kersh.

Go read the thread where Buffet gave more than he owed in taxes. No one was applauding that he gave more than the average American earns. You were all bitching about percentages. Now that we get down to percentages, you're bitching about absolute amounts. But I'm the ignorant one? Sure. at least a consistent one.

#58 That was a nasty admission. I think they had been cut off from running water for a month before that incident occurred.

wrong thread!

do you understand the concept of "financial responsibility" and "disposable income"?
#46 | Posted by BruceBanner at 2012-01-24 03:11 PM | Reply | Flag:

It's interesting that you bring up the subject of disposable income. Did you happen to see what Romney did with approximately 28% of his disposable income in Mustang's #44? How does that compare to other presidential candidates?

So let's raise his taxes then.

the theory is that if we raise his taxes, Romney will avoid them by investing into job creation, right?

how? what will Romney do to avoid the taxes in the form of job creation?

I'm not arguing....just wanting to see, at an idividual level, how raising taxes will generate jobs.

#49 -- You are right that investors don't drive the economy in the same way as consumers. It doesn't, however, mean what you think it means.

Without investors there would be precious little for the consumers to purchase in the way of goods and services.

Where do you think most of the capital comes from for an entrepeneur to start a new business?

Who do you think provides the capital for businesses to expand?

Where do you think loans come from? Do you have a mortgage? A car? Credit card?

Investment drives the economy by providing the ability to produce goods and services. If it wasn't for investors you wouldn't have anything that couldn't pay for outright. Even a used car was most likely purchased originally through a car loan. Without loans like that only the rich could afford them and the amount of used cars would be significantly fewer and considerably more expensive.

Mom and pop stores? Not unless they were already rich enough to buy the land, building, and inventory already.

#63 - this is nice. I want to see what the amount payable would be without the charitable donations.

I mean #61 arrrgh.

I want to see what the amount payable would be without the charitable donations.

well, let's look at it from another angle.

what if his marginal rate on those dividends were 36% or something like that?

I mean, he is donating that much to charity to avoid only a 15% bracket, right? Imagine if he was trying to avoid a 36% bracket.......

I like the fact that whatever my tax rate is alot of it goes to building those shiny aircraft carriers in the persian gulf, thus keeping the transportation of oil good and safe. It's well worf it.

and how many jobs has he actually created since 2008?

Aside from his hired guns?

woo 6 million in taxes on 240 million still not bad..
beats the hell out of my 28% I paid...
#11 | Posted by truthteller101

Concerning the large amount of money Romney donated to charity......

IMHO, I don't believe giving money directly to a religious organization or church should be considered automatically as charity. Not when the money you put forth in that organization can buy you status and power (i.e. Mormon church).

This should be true for the Catholic Church as well as any other religious organization. Considering the massive tax right off Romney benefits from donating to such charity and the amount of influence he gains from doing so should not be viewed as an accolade.

"Romney did not disclose his tax returns in his three prior election campaigns -- not even in the 1994 Senate race, when he blasted Sen. Edward M. Kennedy (D-Mass.) for failing to release his own taxes."

Nice.

While Mitt chides a person for failing to do what he himself won;t do, Newt will preach to you about 'the sanctity of marriage', all while fucking around behinds his WIVES backs. Introducing, the 2012 GOP Presidential Hopefuls!

"I don't believe giving money directly to a religious organization or church should be considered automatically as charity. Not when the money you put forth in that organization can buy you status and power (i.e. Mormon church). "

Add to that when the Mormon Church turns around and pours millions and millions into California to deny equal rights. Charity?

I don't believe giving money directly to a religious organization or church should be considered automatically as charity .. the money you put forth in that organization can buy you status and power (i.e. Mormon church).

This should be true for the Catholic Church as well as any other religious organization. Considering the massive tax right off Romney benefits from donating to such charity and the amount of influence he gains from doing so should not be viewed as an accolade.
#71 | Posted by rstybeach11

Wow...what a massive write-off.... 1.1%. I guess you also missed the part where they actually paid into a charitable organization that his family started. Not just the church.

I am no Romney fan. i am rather dismayed that he could be the Republican candidate.

This debate really shows though how desperate the Left is to paint him as more out of touch, more selfish, and more uncaring towards the American people than Obama.

OMG... He payed the legally required tax rate AND he took legally allowed deductions for giving a huge sum to charity? What is the world coming to? On top of that he had the temerity to invest tens of millions of dollars that had already been taxed which helps grow business fueling our consumer-based economy? And he actually expected to get a return for this investmwment that could then be taxed providing even more revenue for the U.S. Rather than sitting on the cash in a matress? What a fucking dick. How dare he.

Many reasons to dislike Romney and yet the Left is picking this one?

#74 .. i think one of the goodwill chicks may like me too .. occasionally i'll get the $1 special price on a $3 shirt

Fuck off, the guy paid over 6 million in taxes last year and lib tards have a problem with that. Get a life

It the repubes doing the complaining. Gingrich is all over Romney about this. Reflubs better get their act together. With a 13% tax rate Romney should be the Reflub poster-boy not the whipping boy.

BTW anyone earning less than $300k/year is f'ing stupid for supporting reflubs, they offer nothing for you, you serve them, kinda like neo-slaves for the rich

#77 -- And the Left has nothing to say about this? it is just the-- What did you call them again? Repubes? How original. Did think that up all by your lonesome self?

*looks up thread*

nope. i see plenty on the Left throwing a "shame on Romney" party. Of course this is to be expected. Obama stands a better chance against Gingrich than Romney. So it is pretty obvious that the whining from the Left is mainly politically self-serving (for the reasonably smart ones), or clueless (for the not-so-smart ones).

Somebody please tell me again how those evil investors are bringing the consumer down by enabling businesses to start up, expand, and letting consumers buy things they otherwise could not afford without a loan. Tell me again how we should tax their returns on said investments at 30% (or more) when they may only be getting 7% return on their investment. Tell me again how this wouldn't be detrimental to the consumer by stifling incentive to invest and driving up interest rates. I could use a good chuckle.

#78 | POSTED BY MOOMANFL AT 2012-01-24 08:31 PM | REPLY | FLAG

...getting taxed 30% of a 7 gain%? The taxes are figured off the amount of the gain, not the total investment you fucking retard.

Oh and 30% taxes on money you made producing nothing but inflation isn't too fucking bad.

"Somebody please tell me again how those evil investors are bringing the consumer down by enabling businesses to start up, expand, and letting consumers buy things they otherwise could not afford without a loan."

That has nothing to do with it.

Once they get "paid" for that day's work, their cap gains or dividends are taxed at 15%.
The same hours in a workday put in by a worker can be taxed federally up to about 43%.

Here's another fun one from Slate.

Let's talk about the $6 million in taxes he paid blah blah blah...

#21 | POSTED BY CRISPEE_OC

Great Crissy, your eyes see 6 million and your brain shuts off.

Everyone should pay the same % of tax, everyone.

"Romney Paid 13.9% Tax Rate"
And John Kerry paid 12%. Remember how the OMG (Obama Media Group) went after Kerry? Me neither.
#51 | POSTED BY KBM

Once again Krusty Bowel Movement adds nothing to the conversation.

Take your partisan bullshit and shove it up your ass.

Everyone should pay an equal % of taxes.

Let's see, the guy paid 6.2 million over 2 years. That's quite a bit more than I paid.
Did you pay more then that?

#54 | POSTED BY FREDDYK

Yes, I did pay more, by percentage. I know you blew your load when you saw the number 6 million, but by % that's half of what I paid.

Figure it out.

Here's another fun one from Slate.

www.slate.com

The Romney Income Calculator.

Put your annual income into the box provided and see how long it takes Romney to make it.

Basically it takes Rmoney 2/3rds of a day to make wot Spud makes in a year.

And that's just income.

So Romney knows how to make money without using printing presses? Cool. Sounds like a nice change to me and what America needs!

So Romney knows how to make money without using printing presses? Cool. Sounds like a nice change to me and what America needs!

Rmoney knows how to be a corporate raider.

Rmoney also knew enough to plop out of a vagina belonging to someone with money.

Unfortunately "being born on third base and acting like you just hit a triple to get there" is not a viable strategy for improving the lot of the rest of America.

Tax rates on businesses and individuals have been going lower and lower since Reagan due to the undue amount of influence a ridiculously tiny percentage of Americans who occupy the top 1% of the income bracket.

1%ers like Romney.

Romney is advocating that this insane trend continue.

Obama and the Dems despite many of them being in that 1% would like to try to reverse the trend and take tax rates back to what they were when America was more economically healthy.

And you still think Romney is a good choice for POTUS?

Well at least you've dropped the whole Drudge Independent (TM) charade.

Small favors, all that.

Be Well.

Rmoney knows how to be a corporate raider.

Moving money around legally seems preferable than printing it. TANSTAAFL.

Also it seems that Romney is far more charitable than Obama. And still the left whines. Of course.

And you still think Romney is a good choice for POTUS?

Against the zero? LOL No question. I'm sure there are better people out there, but like the dems, the reps aren't interested in putting the best people up front.

But printing money always turns out badly. It needs to stop

Well at least you've dropped the whole Drudge Independent (TM) charade.

Dropped it? I never made that assertion. I have always said I do not like either political party. Somewhere someone down the line interpreted that to independent and you, like the other good sheeple who mindlessly go with the crowd, repeat it.

No surprise here.

Moving money around legally seems preferable than printing it. TANSTAAFL.

Who's talking about printing new money?

Spud's talking about returning tax rates to some level of sanity.

Spud's talking fiscal conservatism.

Which, ironoically enough, the Democrats have been much better at than the Republicans for a couple decades now.

Also it seems that Romney is far more charitable than Obama. And still the left whines. Of course.

No, they both give about a similar amount.

Unless you are counting Romney forced tithe money.

Since the Mormon church decided to interject itself into the political scene as in California's Prop 8 debate that doesn't really count as "charity" now does it?

Gingrich is the total cheapskate in terms of charitable donations.

1%ers like Romney.

So you think Obama and the hollywood elite will be voting for him?

"Against the zero? LOL No question. I'm sure there are better people out there, but like the dems, the reps aren't interested in putting the best people up front."

This *is* their best and brightest.

Fuck

Amirite?

No, but cutesy speak makes you darling as all get out

Amirite?

No, but cutesy speak makes you darling as all get out

1%ers like Romney.
So you think Obama and the hollywood elite will be voting for him?

"Like" as in in "Similar to" not "are fond of".

Context, dude.

Was that a non sequitar or just a really silly question based on nothing?

Be Well.

cutesy speak

You sound gay when you use that term.

/NTTAWWT.

Be Well.

You sound gaw when you use that term

LOL

I've no idea what the cutesy speak grouping of letters means, deth.

I've no idea what the cutesy speak grouping of letters means, deth.

Sure ya do, Goatse.

Like you oil riggers always say...

"On shore it's Wine, Women and Song and back on the rig it's Rum, Bum and Concertina."

^__^

/NTTAWWT.

Just sayin'.

Be Well.

Sure ya do, Goatse.

Um, no I don't cutesy

Like you oil riggers always say...

"On shore it's Wine, Women and Song and back on the rig it's Rum, Bum and Concertina."

We do? I thought we said, "It's only gayt if it's on shohre"

I guess you jerk off to a more elaborate oil rigger fantasy

#47 No, you can't see the point. I'm trying to say that poorer people are using ALL of their money to drive the economy. They spend every dollar to survive and pay taxes on all of it - payroll, sales tax, etc... When an investor earns dividends they are not driving the economy in the same way a consumer does. Your example of someone paying $500 in taxes is funny because you can bet that dollar per dollar, that the poor person is putting more into America

Another moronic comment from our resident racism expert and Hulk wannabe.
To paraphrase Brucey, Romney's $100 Million that is sitting in the bank, in real estate, in investments, in venture capital, etc isn't doing shit to help the economy. Despite the fact that the $100 Million in the bank is loaned back out (at least 85% of it is), investments in the market help drive returns to union pension funds and 401k retirement plans (for the 99%), none of the real estate is getting developed or set aside (for GREEN reasons) and none of the venture capital is being used to start new business.

It's only the poor guy who uses his money to get a tatoo that helps the economy.

BruceBanner.
His knowledge of capitalism is exceeded only by his ability to sense the presence of racism. Can't wait to hear his analysis of 'trickle-down' next.

"Yes, I did pay more, by percentage. I know you blew your load when you saw the number 6 million, but by % that's half of what I paid.

Figure it out."

#84 | Posted by ClownShack

I call BS. That is not how taxes are calculated. YOu pay none on the first portion of income, then a low rate on the nest portion and only the 31% on the highest portion.

So for most people the average rate they pay is 20-22%. Hardly anyone pays 31% on their total income and you don't either.

This talk about "fairness" is asinine.

47% pay zero (or less) in Federal income taxes.

87% pay less than what the government spends on a per person metric.

Upthread I see Danni bitching about GOP obstructionism on a tax plan the Dems never produced. The House budget included a new tax code. 10% up to 100k and 25% above 100k, and in the process eliminating all but a small handful of deductions targeted toward the bottom. The Senate never even brought it or anything else to the floor. The Dem-controlled Senate hasn't passed a budget in over 1000 days (which they are legally required to do). Obama has been late with his budget 3 out of 4 times now, which is also a legal obligation.

47% pay nothing?!?

The tax code should not allow any filer to deduct below $10. Everybody should pay something.