Mitt Romney: ‘I’m not concerned about the very poor’

Discussion in 'Elections & Campaigns' started by hilbert, Feb 1, 2012.

  1. Bluesguy

    Bluesguy Well-Known Member Donor

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    No he did not and he pays the highest rates on his earned income and the highest rates on his capital gains.

    The top 1% pay and effective rate of 29% more than any other group.

    So what is more important to you, a higher rate so you can believe you are going to take more of their money, or them actually paying more revenue?
     
  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    So it's all about envy and not how to raise the most revenue.
     
  3. Bluesguy

    Bluesguy Well-Known Member Donor

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    After the Bush tax rate cuts the highest earners paid more in actual revenue and a higher share of all taxes, if you eliminate them the only thing you would be restoring would be the lower earners pay more in taxes and a higher share of taxes.
     
  4. red states rule

    red states rule New Member Past Donor

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    You may "care" about the deficit but you are obsessed with "fairness"

    Like most libs you think only government can and does create prosperity, while the private sector only creates misery
     
  5. red states rule

    red states rule New Member Past Donor

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    Even the NY Times ran this story about who pays taxes in the US. If libs REALLY wanted fairness they would not put all the tax burden on only 1% of taxpayers



    [​IMG]
     
  6. expatriate

    expatriate Banned

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  7. expatriate

    expatriate Banned

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  8. Bluesguy

    Bluesguy Well-Known Member Donor

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  9. Bluesguy

    Bluesguy Well-Known Member Donor

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    Please address the post that were in response to you previous statements.
     
  10. expatriate

    expatriate Banned

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    Mitt Romney paid 13.9% in taxes. Most middle class Americans pay more.

    Revenue AND fairness are both important to me.

    I am worried that, if the current trends continue, the rich will soon own nearly everything and the rest of us will own nearly nothing. It concerns many other thoughtful wealthy people as well. I am surprised it doesn't worry you as well.

    "In a rich society, no one should be allowed to suffer from deprivation such as homelessness, starvation and illness. This ideal is essential, not simply as a matter of human good, but as the price we pay for a measure of domestic tranquility."
    John Kenneth Galbraith
     
  11. Roelath

    Roelath Well-Known Member

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    I'm for "Fairness" too... How about 0% Income tax for all brackets?

    For a percentage? Yes. Total Amount? No.

    Using "Fairness" when it comes to Economic matters is a pretty pathetic argument considering the Economic system this country tries to express is Free Market Capitalism. You know... the only system in the History of Mankind to promote the fastest growth Economically and the best system in place for the Poor to enter the Middle Class or higher.

    An Appeal to Fear fallacy of the "Evil Rich" taking every possible resource imaginable then enslaving the masses isn't going to work. The current system that enslaves people throughout History is an overreaching Government behemoth that enslaves its people. Stop feeding the monster.
     
  12. expatriate

    expatriate Banned

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    who's gonna pay the armed forces to protect us?



    no kidding.



    It is not a fallacy to examine the trend lines for the disparity of wealth in this country and be fearful of the obvious extrapolation. You can say that we have the best system for the poor to enter the middle class, but, in the past 30 years, that system has been damaged and is in need of a tuneup....imo.
     
  13. Roelath

    Roelath Well-Known Member

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    Why does the United States of America require a massive standing army? Massive troop deployments are becoming a thing of the past with the technology coming out today.

    If you read my comment is specifies "...this country tries to express is Free Market Capitalism." in which the generation(s) in which the country has slumped is due in large part because of that divergence. The increase of the welfare system, Militarism, Imperialism, Corporatocracy, Gold backed currency to FIAT, creation of the Federal Reserve and other issues have created the disparity of wealth. The worry shouldn't be placed on the Mega Wealthy getting wealthier... It's what I typed earlier about the Government itself growing to the point it suffocates everything.
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    Partly because he gave over $4 million to charity. And he paid 15% effective rate in 2011. All total he paid over $3 million in taxes, over $6 million combine 2010-11. The effective income tax rate on the middle quintile is 3.3%.
    http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=456

    At higher capital gains rates revenues drop off DRAMATICALLY.

    http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=161

    So do you just want to grab a higher percentage from the high earners of more revenue?

    You fallaciously believe wealth and income are fixed, there is only a set amount.

    [/QUOTE]

    A man whose ideas have been totally discredited.
     
  15. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yes they thought that after the cold war ended and have found different.

    Why do we need a large standing army? The rest of the world.
     
  16. Roelath

    Roelath Well-Known Member

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    Why is the United States of America required to have Military bases and Soldiers across the World? How exactly has that strategy worked so far after WWII?

    Also Massive Troop Deployment is only required if the Troops themselves are nothing but, Police... Is the United States of America the World Police?
     
  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    We aren't "required".
    Have we had WWIII?

    Who else is going to do it? Who else would you want to do it that could do it, China? Russia?
     
  18. Roelath

    Roelath Well-Known Member

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    Sorry the word "Required" gets thrown a lot for the constant Welfare/Military support we give to our "Allies".

    That's a pretty poor argument or rather a logical fallacy... be the World Police because of the possibility of WWIII occurring if we're not in a hundred plus countries. But with the consistent wars over several decades, coups, faction funding and the Cold War I would consider it comparable to a "WWIII".

    Why does it need to be done to begin with? Why do we have to have soldiers in countries that provide protection and gives them the Economic opportunity not to raise an Army so they're able to provide extra benefits to their citizens while US Taxpayers are given the bill? Why is it that we have the need to create "Pro-American" Governments that are typically tyrannical in nature and cause the deaths of thousands? I've yet to see a valid reason for a "World Police" other than the fear of a massive war or some pseudo defense strategy. If you haven't been looking around... the country is going to hell and inflation is kicking in. Is it still sane to be the World Police?
     
  19. red states rule

    red states rule New Member Past Donor

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    It is clear you suffer from wealth envy

    With the current tax rates why are you not happy that many people in the top 1% already hand over more then 50% of their income to the goevenment via all they taxes they pay?

    What about the freeloaders who pay NO federal income taxes

    and some of them get a refund on taxes they did not pay

    It is time to get them to start putting something in the pot
     
  20. expatriate

    expatriate Banned

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    I suffer from many things... a powerful thirst for a paloma about now, for example... but wealth envy certainly is not one of them.

    The people at the bottom of the socioeconomic ladder put a lot into the pot...they put their hard work and their sweat and they get very little back for their efforts. I have worked at many different jobs in my life and the ones where I worked the hardest were invariably the ones that paid the least. American society does not care about whether the little guys at the bottom of the ladder who work at menial lousy paying jobs and, by so doing, make it possible for the rest of us to have someone cook a meal for us and eat it on clean dishes, with clean napkins... or have someone mow our lawn or clean our home or weed our garden... We make it seem like we are supportive of them when they sign up for military service, but, when their tour is done, we cast them aside and do nothing to help them reintegrate into our world in any meaningful way unless it's back to menial labor.
     
  21. red states rule

    red states rule New Member Past Donor

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    Please tell me where in the world the economic model of making the rich pooer made the poor richer

    Has there every been a country at any time in its history where there were no poor people?

    How much more of my moeny do want to take away from me to fund your fantasy of erasing proverty?
     
  22. expatriate

    expatriate Banned

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    with a 0% tax rate for everyone -as you suggested, we won't be able to pay our soldiers anything and we won't be able to arm them with even slingshots.
     
  23. expatriate

    expatriate Banned

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    please tell me how the rich got richer when the tax rates were twice as high as they are now.
     
  24. red states rule

    red states rule New Member Past Donor

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    I remmebr the losy economy under jimmy Carter when the top rate was a crippling 70%

    The rich actually paid more in taxes after the Bush tax cuts due to increased econmic growth

    It has ben proven raising tases will do nothing to address the deficit. All you are doing is giving the government more money to waste and draining capital from the private sector

    It only makes you feel warm and fuzzy with your "fairness" thing

    Now answer my question please
     
  25. expatriate

    expatriate Banned

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    you didn't answer my question. How did the rich get richer between 1952 and 1960 when the marginal tax rate was above 90%?
     

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