Doc Posted September 22, 2012 Share Posted September 22, 2012 maybe (and if so, that's a real indictment of our system) , but this is the superbowl of elections and romney's drop pulls all other repubs down with him. a calculated risk but i'll bet it comes out before nov. if there's any truth to it. Breaking any story on UBS could bring down quite a few Dems as well. This story won't go anywhere. Link to comment Share on other sites More sharing options...
BillsFan-4-Ever Posted September 24, 2012 Share Posted September 24, 2012 Again Myth says his 14% is fair and balanced and yet the average family pays 20% taxes, Obama paid 25 % in taxes. Keep thinking Myth is on your side. Remember your kids attending college, your retired parents or grandparents are all part of the 47% freeloaders who will vote for Obama. You pay SS for decades don't you feel "entitled" to get paid what you invested into it? Link to comment Share on other sites More sharing options...
Gary M Posted September 24, 2012 Share Posted September 24, 2012 (edited) Again Myth says his 14% is fair and balanced and yet the average family pays 20% taxes, Obama paid 25 % in taxes. Keep thinking Myth is on your side. Remember your kids attending college, your retired parents or grandparents are all part of the 47% freeloaders who will vote for Obama. You pay SS for decades don't you feel "entitled" to get paid what you invested into it? Stop comparing Mitts income tax rate to the total payroll tax for a family. MR paid 14.1% income tax, most Americans paid 3.3% income tax or got money back From your link: http://taxprof.typepad.com/taxprof_blog/2010/06/average-family.html Edited September 24, 2012 by Gary M Link to comment Share on other sites More sharing options...
3rdnlng Posted September 24, 2012 Share Posted September 24, 2012 Again Myth says his 14% is fair and balanced and yet the average family pays 20% taxes, Obama paid 25 % in taxes. Keep thinking Myth is on your side. Remember your kids attending college, your retired parents or grandparents are all part of the 47% freeloaders who will vote for Obama. You pay SS for decades don't you feel "entitled" to get paid what you invested into it? You are mistating the facts, as usual. Mitt paid 14.1 % for 2011. He paid an average of 20.2% over the last 20 years. Obama paid 20.5% in 2011 on 800k or so income (about 160-170k) Romney paid well more than 10 times what Obama paid. Link to comment Share on other sites More sharing options...
dayman Posted September 24, 2012 Share Posted September 24, 2012 (edited) Even conservatives must admit the charitable deduction edit was hilarious in that 1) w/ out it it would have put him closer to 10 and made him look like a cheat based on 13% comments and 2) he paid more taxes than he had to which by his own words means he isn't qualified to be president hehe EDIT: Btw I don't really care I just think it's funny and anyone who doesn't admit that is just being partisan...that is funny Edited September 24, 2012 by TheNewBills Link to comment Share on other sites More sharing options...
In-A-Gadda-Levitre Posted September 24, 2012 Share Posted September 24, 2012 You are mistating the facts, as usual. Mitt paid 14.1 % for 2011. He paid an average of 20.2% over the last 20 years. Obama paid 20.5% in 2011 on 800k or so income (about 160-170k) Romney paid well more than 10 times what Obama paid on 17X the income. why would you even make this comparison? Link to comment Share on other sites More sharing options...
3rdnlng Posted September 24, 2012 Share Posted September 24, 2012 why would you even make this comparison? Because what I stated is true. If you had a !@#$ing clue you would understand that there is a difference between earned income such as wages, and capital gains. Our tax code, as screwed up as it is, at least recognizes that investment is good. What percentage would you pay on long-term capital gains? Link to comment Share on other sites More sharing options...
In-A-Gadda-Levitre Posted September 24, 2012 Share Posted September 24, 2012 Because what I stated is true. If you had a !@#$ing clue you would understand that there is a difference between earned income such as wages, and capital gains. Our tax code, as screwed up as it is, at least recognizes that investment is good. What percentage would you pay on long-term capital gains? Well, don't get your panties all in a bunch. I actually do get the difference between the two. I'm trying to understand why you're comparing what Romney paid (amount, not %) to Obama. The percentages are the subject of ur rant, but your earlier post was talking about amounts, at least that's how I read it. Link to comment Share on other sites More sharing options...
Gary M Posted September 24, 2012 Share Posted September 24, 2012 (edited) Well, don't get your panties all in a bunch. I actually do get the difference between the two. I'm trying to understand why you're comparing what Romney paid (amount, not %) to Obama. The percentages are the subject of ur rant, but your earlier post was talking about amounts, at least that's how I read it. MR made more money, paid more taxes and gave more to charity than BO, what is the issue? Edited September 24, 2012 by Gary M Link to comment Share on other sites More sharing options...
3rdnlng Posted September 24, 2012 Share Posted September 24, 2012 Well, don't get your panties all in a bunch. I actually do get the difference between the two. I'm trying to understand why you're comparing what Romney paid (amount, not %) to Obama. The percentages are the subject of ur rant, but your earlier post was talking about amounts, at least that's how I read it. My "rant" had to do with with that dumbass, BF4E stating figures that were inaccurate. I gave the correct figures and also stated that Romney paid more than 10 times what Obama paid, even at his lower capital gains rate. If it was up to me I'd scrap the whole !@#$ing tax code and go with the "Fair Tax". It would virtually eliminate the IRS and cheating. If you are not familiar, Google it. Link to comment Share on other sites More sharing options...
DC Tom Posted September 24, 2012 Share Posted September 24, 2012 My "rant" had to do with with that dumbass, BF4E stating figures that were inaccurate. I gave the correct figures and also stated that Romney paid more than 10 times what Obama paid, even at his lower capital gains rate. If it was up to me I'd scrap the whole !@#$ing tax code and go with the "Fair Tax". It would virtually eliminate the IRS and cheating. If you are not familiar, Google it. I'm not sold on the "Fair Tax"...but anyone who talks about tax reform without starting with "scrap the whole !@#$ing tax code" is full of **** to begin with. Link to comment Share on other sites More sharing options...
Doc Posted September 24, 2012 Share Posted September 24, 2012 Even conservatives must admit the charitable deduction edit was hilarious in that 1) w/ out it it would have put him closer to 10 and made him look like a cheat based on 13% comments and 2) he paid more taxes than he had to which by his own words means he isn't qualified to be president hehe EDIT: Btw I don't really care I just think it's funny and anyone who doesn't admit that is just being partisan...that is funny What's funny is claiming he'd look like a "cheat" if he took the full deduction for the FOUR MILLION in charitable donations. Link to comment Share on other sites More sharing options...
Gary M Posted September 24, 2012 Share Posted September 24, 2012 What's funny is claiming he'd look like a "cheat" if he took the full deduction for the FOUR MILLION in charitable donations. He is a cheat for giving awya 4 mil and only donating 1.9 mil to the government. Link to comment Share on other sites More sharing options...
birdog1960 Posted September 24, 2012 Share Posted September 24, 2012 you all do realize that any progressive tax system is funamentally a vehicle that results in "redistribution of wealth", exclusive of tax cheats. that system has been the standard for many years and republicans haven't materially changed its progressive nature except to adjust overall rates. does that mean that they're supportive of redistribution? Link to comment Share on other sites More sharing options...
In-A-Gadda-Levitre Posted September 24, 2012 Share Posted September 24, 2012 What's funny is claiming he'd look like a "cheat" if he took the full deduction for the FOUR MILLION in charitable donations. only for breaking his August statement, not for what % or the $. Que the Obama said he'd be a 1-term president... Link to comment Share on other sites More sharing options...
3rdnlng Posted September 24, 2012 Share Posted September 24, 2012 only for breaking his August statement, not for what % or the $. Que the Obama said he'd be a 1-term president... Per Price Waterhouse he averaged 20.2% income tax over the last 20 years. His lowest rate in any year was 13.66%. If he wasn't as generous as he was he wouldn't have had the deductions that would have allowed him to pay less than what he chose to do. So, should he have been less generous to live up to your perverted standards? Tell me, if you were in his position, what would you do? Link to comment Share on other sites More sharing options...
In-A-Gadda-Levitre Posted September 24, 2012 Share Posted September 24, 2012 Per Price Waterhouse he averaged 20.2% income tax over the last 20 years. His lowest rate in any year was 13.66%. If he wasn't as generous as he was he wouldn't have had the deductions that would have allowed him to pay less than what he chose to do. So, should he have been less generous to live up to your perverted standards? Tell me, if you were in his position, what would you do? dude, I have no such standards. I don't think he pays too little or too much. The tax rates are what they are, his income is all unearned, he's entitled to take every deduction and pay whatever rate he complies with. His statement, and nobody held a gun to his head, was that he never paid less than 13%, so he adjusted his 2011 deductions for charity to match the 13% floor. That's all. If he takes the full deduction as Doc mentioned, it's all legal, but breaks Mitt's own promise, nothing more or less. I agree that there's people and media that try to compare his unearned rates with those that primarily have earned income, and that's BS. Unless we're willing to raise capital gains to match earned income (which I don't support), they'll never be close, nor should they be. What would I do if I was in his shoes? I don't know, I probably wouldn't have made that 13% statement before I know what's in my 2011 taxes. But maybe he knew, and the campaign, accountants, etc. agreed he can claim 13% in all years if we take less than the max this year... Who knows? I think maybe I would've taken the maximum and said "We filed an extension on our 2011 taxes because we didn't have all the data. Once we collected everything, we learned that it was below13% for 2011, but only this year, all other years were 13% or more." He would've taken a little heat, but probably less than he does for adjusting his deduction to match the 13% floor. Link to comment Share on other sites More sharing options...
Doc Posted September 25, 2012 Share Posted September 25, 2012 only for breaking his August statement, not for what % or the $. Que the Obama said he'd be a 1-term president... Which is worse, I-A-G-L? Link to comment Share on other sites More sharing options...
In-A-Gadda-Levitre Posted September 25, 2012 Share Posted September 25, 2012 Which is worse, I-A-G-L? most definitely Obama's, but the thread is discussing Mr R's tax rate and how it compares with (fill in the blank), not who broke a worse promise. Start a flip-flop or gaffe power ranking thread, and maybe you could win some serious cash. Link to comment Share on other sites More sharing options...
Doc Posted September 25, 2012 Share Posted September 25, 2012 most definitely Obama's, but the thread is discussing Mr R's tax rate and how it compares with (fill in the blank), not who broke a worse promise. Start a flip-flop or gaffe power ranking thread, and maybe you could win some serious cash. Why does anyone have a problem with Romney amending his taxes to fulfill his promise of not paying less than 13%? If only everyone would follow through with what they say. Link to comment Share on other sites More sharing options...
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