Discussion in 'Politics' started by Vast LWC, Jan 17, 2012.
Romney Says His Effective Tax Rate Is Probably 15%
Since almost half of Americans pay a tax rate of 0%, I wouldn't bet on the thread title.
Romney paid 15 percent.
Obama on his 2010 tax returns paid around 25 percent.
Basic tax rate for MOST Americans is around 28 percent.
Still think Romney is a good idea?
I'm guessing that almost all the posters on this board pay a tax rate higher than Mitt Romney. And since they're the ones who will be reading this, it applies.
And that's not even taking into account the inherent falseness of your assertion.
A guy who knows how to game the system by making sure all of his income is "capital gains". Was he supposed to ignore the rules that give him an advantage? Would you?
Gee, how many people do we have gaming the system these days?
Tens of millions. On both ends of the income spectrum, squeezing the shit out of the middle.
Yep, Because his only income is from Capital gains.
You too can enjoy this low % when you see gains in your own Retirement Portfolio, It is not just for the rich.
Not as many people as you think can game the system like that.
How many people do YOU know that make 50 percent of their income or more via capital gains? What's even more.........how many people do YOU know who pay 20 percent or less in taxes?
Isn't that the point? The tax code needs an overhaul so this can't happen.
Fine. Make it fair on everyone.
Rich and poor alike pay 10%, no exemptions, subsidies, penalties or modifications to this percentage and throw in capital gains as income.
Done. The rich pay more, the poor don't profit from 'paying'. The budget shrinks as spending in transfer payments is eliminated. Win/win all the way around.
Separate names with a comma.