RNC

[Ifly2]

Is Romney following current tax law?

Probably

Are those people who pay no Federal Income tax following current tax law?

Probably



Is Romney hurt, caused to sacrifice,or to go without basics, much less any luxuries, by paying his current total tax burden? Does he really feel it at all?

Probably not

Are any/some/all of the "48%'ers" caused to go without basics, or even minor luxuries, because or thier total tax burden?

Probably

No... I'm not a socialist, or a communist. I do believe teh tax code should be progressive, realistic, and rid of all of the carveouts designed to influence behavior, or investment, or particular consumer or business activity.

Yes, that means I am willing to give up the mortgage interest deduction, for example, as long as capital gains are taxed as ordinary income, just like my "overtime" is taxed as ordinary income, and at a higher marginal rate.

That's an example... the whole tax code needs revamped. Subsidies for oil companies? Really? GMAFB

 

[delldude]

So dell, what percentage of your income are you paying in federal taxes?

The same as Mitt.

 

[Dog Wonder]

How can you tell?

 

[delldude]

How can anyone tell if he won't release his returns?

I heard, if reelected, Obama's plan for the next four years is to get Mitt to release them.

 

[Ifly2]

I heard, if reelected, Obama's plan for the next four years is to get Mitt to release them.

There ya' go... debating the issues again... (Not... for anyone who missed it...)

 

[Knotbuyinit]

I think the bigger issue of the tax returns is that Romneys tax returns make him and Ryan the poster boys for tax reform. Ryan who declared about $215k paid more taxes (18%) as a percentage of income than Romney did (15%) on a declared income of over $20 million.

The republicans keep saying the 35% tax rate on millionaires is too high. May be so may be not. Before we can determine that I want to find a millionaire who actually paid 35% in taxes. So far , all the ones who have released their taxes have paid less in taxes than I have and the amount they are paying in taxes is more than the combined yearly salary of my wife and I by a huge amount.

If we go with Ryans tax plan Romney would pay less than 1%.

If the democrats cannot beat these two clowns they are idiots. Well they are idiots anyway but this is just plain stupid.

What is the name of the income that Romney paid the 15% tax rate on? Once you find that answer, explain why that tax rate applies. When you explain why that tax rate applies, tell us why that is not a fair tax rate. Here's a couple of letter to help you out, C G.

 

[Knotbuyinit]

So dell, what percentage of your income are you paying in federal taxes?

Qualify what income you are talking about.

 

[Ifly2]

South,

"While I commend your relative raising 5 children on a modest budget, who forced them to have 5 children?
Until it's an issue at our level, i.e. Tea Partier's, Blogs and news, it will never be addressed at the levels it needs to be !
Please see "Fair Tax", Federal taxes paid on "NEW" goods only, all citizens receive vouchers, based on their income level, to help pay taxes on basic of living, i.e. clothes, food, etc. "NO" Federal taxes are paid on used goods, i.e. cars, boats, etc.
http://www.fairtax.org/site/PageServer"


The point was not her p[ersonal circumstance.

The point is that the "50% don't even pay taxes" sound bite has been adopted as some sort of proof that half teh country is living off the sweat of the other half. When you peel off the bumper sticker and get into it a little bit, you find that this is simply not true.

Is teh tax code a disaster? Yes.
Are teh present system of "entitlements" unsustainable, subject to some abuse, and in need of reform? Definitely

These and many other questions deserve much more thought than teh "50% payh not taxes" and other fear driven sloganeering are ever goig to generate. They deserve a vigorous debate, by representatives and statesmen focused on creating sound public policy and a realistic, workable, solution.

They are not going to get that. What they are going to get is backroom deals made by whomever has teh most $$$ for reelection campaigns, while providing cannon fodder for talking heads on msnbcfoxnewsertainment and talk radio

Waiting on the revolution

 

[Ms Tree]

Probably

Are those people who pay no Federal Income tax following current tax law?

Probably



Is Romney hurt, caused to sacrifice,or to go without basics, much less any luxuries, by paying his current total tax burden? Does he really feel it at all?

Probably not

Are any/some/all of the "48%'ers" caused to go without basics, or even minor luxuries, because or thier total tax burden?

Probably

No... I'm not a socialist, or a communist. I do believe teh tax code should be progressive, realistic, and rid of all of the carveouts designed to influence behavior, or investment, or particular consumer or business activity.

Yes, that means I am willing to give up the mortgage interest deduction, for example, as long as capital gains are taxed as ordinary income, just like my "overtime" is taxed as ordinary income, and at a higher marginal rate.

That's an example... the whole tax code needs revamped. Subsidies for oil companies? Really? GMAFB

As I think I said else where I doubt the rich who make the rules will ever give up their capital gains tax breaks. That is what allows Romeny to pay less taxes than Ryan who made $20 million less. Hell, look at Ryans plan and he wants to cut capital gains tax even more and place more of a tax burden on the working middle class. The republicans have never wanted a fair tax system any more than the Dems do.

Class war fare has been going on for centuries. The rich have been stealing income from the poor since who knows when. Kings took taxes from the poor. The same is going on now. The right has been complaining about how the rich should not have to pay more in taxes than the poor do but they seem to have no qualms at all about the rich paying less tax than the middle class.

The fact that no one on the left is saying jack about the fact that Ryan paid more in taxes than Romney is just insane. The fact that neither of them have paid 35% (the supposed top tier tax brackt) is just icing on the cake.

 

[Knotbuyinit]

Are you sure you want to use Kerry as your benchmark? I assume you are talking about his wife's tax returns that were not released.

By the way, Kerry release 20 years of returns.

I'm real sure I want to use Kerry as a benchmark. Back in 2010, he didn't understand what the big deal was for not paying the Bay state $500,000 in taxes on his new 7 million dollar yacht. Every other 99 percenter who bought a 7 million dollar yacht had to pay taxes on theirs.

 

[southwind]

Why is the right content with pitting Americans against one another?

You've got to be sh!ttin' me Kev ! Just who the hell do you think is waging class warfare in this country ?

One hint : His first name is BARRACK !

 

[Knotbuyinit]

Hey, you asked...

I might be more inclined to support the OWS movement if it got it's act together. In the interim, I'm focused on supporting our nation's working class, organized labor, and politics at the state level.

No need for a list of Tea Baggers currently in office; I'm well aware of those bent on destroying America from the inside out...

Talk to you later, Leasha...

What "act" should they get together?

Did Obama ever show up in Wisconsin during the Scott Walker recall election to support the working class or organized labor? Maybe he just couldn't find the state, he did fly over the state three times during the critical stage and run up to the election.

So I guess you will be voting for Obama this election?

 

[southwind]

Is Romney following current tax law?

Can't be. He's one of those evil rich bastards !

How much of a percentage of your income goes to federal taxes? If it's more than Romney are you going to tell me that you are okay with that? If you do it means you are either a liar or a fool. If you pay less then I guess you are one of those people who mooch off the rest of us.

Please see if you can find the difference between the federal income tax rate and the capital gains tax rate ! Not saying it fair or right, but there it is !
Love the way Barrack and his posse push class warfare using Buffett and his secretary as an example, but they "NEVER" mention they're taxes are based on different types of taxes..............yeah Kev, not only do you, apparently, endorse class warfare and pitting Americans against each other, as long as it's your boy doing it, it's also ok to lie about it !

How can anyone tell if he won't release his returns?

How can anyone tell if Barrack received foreign student aid, during his college years, if he won't release his records ?
Pot meet Kettle !

Probably

Are those people who pay no Federal Income tax following current tax law?

Probably



Is Romney hurt, caused to sacrifice,or to go without basics, much less any luxuries, by paying his current total tax burden? Does he really feel it at all?

Probably not

Are any/some/all of the "48%'ers" caused to go without basics, or even minor luxuries, because or thier total tax burden?

Probably

No... I'm not a socialist, or a communist. I do believe teh tax code should be progressive, realistic, and rid of all of the carveouts designed to influence behavior, or investment, or particular consumer or business activity.

Yes, that means I am willing to give up the mortgage interest deduction, for example, as long as capital gains are taxed as ordinary income, just like my "overtime" is taxed as ordinary income, and at a higher marginal rate.

That's an example... the whole tax code needs revamped. Subsidies for oil companies? Really? GMAFB

Please educate yourself : http://www.fairtax.org/site/PageServer

I heard, if reelected, Obama's plan for the next four years is to get Mitt to release them.

Easy Dell.............one problem at a time. All he's done in the last 4 years, is ramrod, in the middle of the night, behind closed doors, an unsustainable healthcare experiment !

 

[Ifly2]

Re:

Fairtax

Ok, Sounds good, on the surface

First question, in the ages old wisdom of "follow the money", is who is pushing this

That will tell you who it is going to benifit, the most

Second, I remember a "luxury tax", I think 10%, a few years ago. Most immediate effect was to put boatbuilders, for one, and other manufacturers of "luxury" foods out of business, thus destroying jobs and creating a drag on the local economies where those goods, and the suppliers related to them, were based.

Yes, we all have to buy some new stuff, food, for example.

Any real study of the effect a 23% tax that people have to write a check for would affect, say, the auto industry? The housing market?

I'm not educated enough, or do I have the information or tools to conduct that research, but I'm guessing it would be substantial.

So, back to, "Follow teh $$$"

Who is really behind this?

When yo figure that out, you will know who will benefit, or at least, benefit the most.

BTW, in my present circumstance... I would be better off.

 

[southwind]

#1 The 23% tax would replace just under 23% of imbedded taxes already there...........basically a wash !

If your worried about the Evil rich not paying their fair share, look at it this way. The average Joe will spend, hypothetically speaking, $30,000 on a new car, taxes included, which amount to $6900. Now the Evil rich dude's not going to drive a paltry, 30 grand vehicle, so he goes out and buys a Mercedes Benz SLR McLaren Sterling Moss for $660000, taxes included. Total tax paid $ 151,000.00 !
So tell me now, is he paying his "FAIR SHARE" ?

Again, people, based on their amount of income, will get a monthly prebate check, to offset the tax on clothes, food, etc. Want to know the best part ? IRS agents would not lose their jobs ! Now , instead of hounding people for money, they would be in charge of keeping track of and issuing said prebate checks !

Oh and the money all leads back to your favorite benefactor............the Federal Government !
The tax code we have now is bloated, out of control and not fair to "ANYONE"!

Now, I'll provide more links for you to follow , to further educate yourself, don't take my word for it!

http://www.fairtax.org/site/PageServer
http://en.wikipedia.org/wiki/FairTax
http://www.amazon.co...e fair tax book
http://www.amazon.co...e fair tax book