CNN reports that Romney is correct. 46.4% pay no income taxes.

on the surface, that seems right. you know what happens when you tax something, it goes belly up. you can't tax consumption in a consumption driven economy.

 

when i was 16, i paid taxes. i never have gotten 100% of my withholding refunded.

 

Romney supporters sign the front of the check, Obamabots sign the back of the check.

 

I know context is difficult for liberals...Mitt was talking about the VOTE. Nothing more. You will not see him disregard the 47% after he becomes president. His countless hours doing missions work, and generous gifts to charity attests to that. Mitt shouldn't have been so blunt, but he's right that he cannot worry about the votes of Obamabots. I guarentee you he will worry about getting people off assistance who can be, and will care about those who can't. Obama cannot and chooses not to see the difference.

 

I'm sure slashing Govt programs that help the 47% so that he can give even bigger tax cuts to billionaires will help them a lot.

About as much as his tax write-off gifts to his church.

 

they'd still have to do it downstream of Lake Erie. deer season is upon us.

 

he paid it back in spades when he ran AMC.

 

fixed that for you, Mr. Internet Killionare.

 

Excellent source. It's interesting how many millionaires are included in the 46.6% of Americans that paid no income taxes. It's also interesting that Mitt Romney pays a lower income tax rate than I do when he has over 100 times more income. Also interesting is that tens of millions of those that Romney says they believe themselves to be "victims" are retirees often living on Social Security which only averages about $13,000/yr in benefits.

What we do know is that Romney has no intention of representing this 46.6% and won't represent about about 95% of the entire US population as he's only concerned with representing the top 5% of all income earners.

 

That's the percentage that don't pay income taxes. It can include anyone that isn't working or making
enough to qualify to pay taxes. The percentage is growing under Obama.

But still over 50% of US citizens pay taxes which is why Obama is in serious trouble.

Obama like his father would like to see everyone poorer in America and so far that is
his accomplishment, he is making Americans poorer by every monetary standard.

 

If they followed your advice on the stock market and took short positions they're definitely poorer.

How are those short positions going for you?

9/22/11 Dow at 10,733

6-29-2010 - Dow: 9,870

9-4-2009 Dow closed at 9,441:

 

Why do you people spout stupid stuff like this? Its obviously not truem, and you have not a single shred of evidence to back up this claim. Again. Why does fear seem to be the primary motivator of conservatives?

Why cant they just come up with some good WORKABLE ideas that benefit EVERYONE? instead of just taking the sides of the richest 1% of America as being OH SO OPPRESSED.

<sigh>

 

It's a little surprising that conservatives are still repeating this claim well into the thread after it was blatantly refuted on the second page.

 

where is the same clear view of context with "you didn't build that"?....

 

Why report a lie? People across the political spectrum can know via a simple Google search that Mitt Romney's statistic is correct. Mitt Romney, unfortunately, is suffering from the association of the statistic to the election. In other words, Mitt Romney did not follow the political maxim, "Only Talk When It Improves the Silence", nor did he adhere to the political maxim, "The Press is the Enemy".

 

You still aren't making any sense. You are trying to use the definition of poor as an argument for how to tax people. By definition, poor people have less discretionary income than rich people. If they had the same discretionary income as rich people they wouldn't be poor. By your logic the only way to make it fair would be to completely equalize it. If a poor family has $2,000 a year in discretionary income then you would have to take everything from the rich family except for $2,000. Even then they are still going to have a nicer house and a nicer cars etc.

Rich people are ALWAYS going to have more income to play around with, that is a simple fact of life. That is why they are called "rich people". By making everyone pay the exact same rate you are in fact making it completely fair for everyone. Everyone has some skin in the game and everyone pays the same percentage. With the food and necessities exemptions in most national sales tax proposals it still favors the poor more precisely because they spend a larger percentage of their budget on food.

There is no argument against having the same rate for everyone except for the "redistribution" argument. Taxes are meant to collect revenue for government functions they have been used and abused far to long for political purposes to punish or reward constituents. This has to stop now.

 

The huge increase in deductions and exemptions that lead to the 46.6% of Americans not paying taxes was established by the Bush tax cuts that Romney opposes repealing even though we have trillion dollar deficits (that Romney supports).

I also find it hard to believe that 4,000 American households with million dollar plus annual incomes can't afford to pay any income taxes. These are, of course, the people that Romney caters to and he supports the deductions and exemptions that allow them to not pay any income taxes. Romney supports tax loopholes for himself that allow him to pay millions of dollars less in income taxes than he should logically be paying. When addressed in dollars in lost revenue it's the top 5% that receive 80% of the tax savings from the tax exemptions and deductions that result in 46.6% of the people not paying any income taxes.

 

Please give me your definition of "help".

 

You mean the "you didn't build that" context of Obama MOCKING business owners that think they are so smart and work soooo hard...you mean that arrogant, insulting context???

 

It is true. Obama wants to grow the government. He says it, and many people are in agreement with him. He doesn't care if that's welfare, obamacare, or working a public sector job. He wants people dependant in some way, any way, on the government. If you compare that to where we've been, it is poorer. Our standard of living has gone down and will continue to do so. He clearly wants to spread the wealth around more than we are already doing in taxes. I believe very strongly that he wants to spread the wealth around among nations too. He would consider it an accomplishment if we were a rich/poor or powerful/powerless as _______________(pick any middle of the road country).

You think the private sector's fall from prosperity was bad? Open a history book and research how governments have fallen....it's much worse than anything we've seen here in America. We aren't immune. Obama wants to bring us down a couple notches to make more a level playing field. He doesn't just want us to stop policing the world, he wants us to be unable to....making it all "balanced".

 

That's exactly right. Rich people have extra money for luxuries and taxes. Poor people don't.

Sure, there is a indisputable argument.

Rich people pay taxes with discretionary money they have for luxuries, but they don't go without necessities when they pay taxes.

Poor people pay taxes with money they need for necessities and do go without necessities when they pay taxes.

The same tax rate means the struggling poor go without more necessities while the rich do not. The same tax rate is a much greater burden on the poor. It means that a poor person's family goes without food or health care or education, just so a multi-millionaire can buy a bigger mega yacht.

That is not fair in any reasonable person's view.

There is no argument for having the same tax rate (much less a lower one) for the richest as the poorest except to create greater income inequality. Taxes are meant to collect revenue for government function and have been used and abused far too long for political purposes to punish or reward constituents. This has to stop now.

 

thanks for proving my point...the right wing talking heads are the ones who took his words out of context to enrage the base.......I guess some did not fail to take the bait....

 

The whole point of the speech was to show how government was more important than the private individuals taking a risk? What do you think I missed?

 

the whole point in the speech was to show how government HELPS businesses and individuals. The people who whine and moan about the government, are the VERY same ones who use government money for Small Business Loans, Farm Subsidies, et al.. Basically what I am saying is, don't complain about the government helping others when they are helping you, or have helped you.

 

Speaking on behalf of 99% of Business Owners......Government has never and will never "Help"......and EVERYTHING the Democrat Party stands for is detrimental to US Businesses and the Economy in general.
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