-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
We are the .001%! We are the .001%! Say it with me!
That's right, the Republicans proposed Robber Baron, Mitt "Capital Gains" Romney, made $45M over two years, and paid less income tax than a teacher or policeman. Some of his investments were hidden in a Swiss bank account to avoid taxation, but he closed this for "political considerations." But hey, a lifetime of pillaging companies built by hard working Americans ought to pay well, right?
Perhaps as America starves, he can sit in one of his palaces as his wife decrees "let them eat cake!"
http://www.huffingtonpost.com/2012/01/24/mitt-romney-tax-returns-released_n_1225247.html?1327382664
Mitt Romney Tax Returns Released: Paid Just 13.9% Rate In 2010, Had Swiss Bank Account
By Steve Holland and Kim Dixon
TAMPA, Fla./WASHINGTON, Jan 24 (Reuters) - Republican presidential candidate Mitt Romney released tax records on Tuesday indicating he will pay $6.2 million in taxes on a total of $42.5 million in income over the years 2010 and 2011.
Bowing to increasing political pressure to provide more detail about his vast wealth, the former private equity executive released tax returns indicating he and his wife, Ann, paid an effective tax rate of 13.9 percent in 2010. They expect to pay a 15.4 percent rate when they file their returns for 2011.
Romney's tax rate is below that of most wage-earning Americans because most of his income, as outlined in more than 500 pages of tax documents, flows from capital gains on investments.
Under the U.S. tax code, capital gains are taxed at 15 percent, compared with a top tax rate of 35 percent for wage earners.
Romney released the tax returns after a week in which his chief rival for the Republican presidential nomination, former House of Representatives Speaker Newt Gingrich, questioned whether Romney was hiding information about his finances and cast him as being out of touch with most Americans.
Gingrich's attacks on Romney helped him upset the former Massachusetts governor in the South Carolina primary on Saturday.
Since then, Romney has vowed to be more aggressive in returning fire.
He has launched a series of attacks questioning Gingrich's character, judgment and lucrative work as a Washington consultant, and released his tax returns to try to nullify Gingrich's criticisms on that front.
The tax rates Romney reported paying could add fuel to a national debate over the fairness of the tax code, and coincides with broader concerns about income inequality symbolized by the Occupy Wall Street movement.
-----signature-----
|
|
Link to this post
|
AliHajiSheik
Posts:
3,162
Registered:
Jan 5, '03
Extended Info (if available)
Real Post Cnt: 3,145
User ID: 755,560
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
Find where he broke a law or STFU.
-----signature-----
*yawn*
|
|
Link to this post
|
Tipztoe
Posts:
26,665
Registered:
Mar 1, '04
Extended Info (if available)
Real Post Cnt: 23,788
User ID: 900,300
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
thank god there are no rich democrats
-----signature-----
(none)
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Tipztoe posted:
thank god there are no rich democrats
Well, Mitt would be the wealthiest president ever, by a wide margin. Further, he would be the first to come out of the private equity/hedge fund world which isn't that popular right now if you've been following the news.
-----signature-----
|
|
Link to this post
|
combat_mage_sc
Title: Hi. My name is Combat and i'm an alcoholic.
Posts:
41,508
Registered:
Jul 20, '01
Extended Info (if available)
Real Post Cnt: 40,845
User ID: 266,617
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
He still paid more than half the barry administation.
-----signature-----
.................._@@@__
......_____//____?___\________
- ---o--------BEER-POLICE----@)
-----`--(@)======+====(@)--
|
|
Link to this post
|
Tipztoe
Posts:
26,665
Registered:
Mar 1, '04
Extended Info (if available)
Real Post Cnt: 23,788
User ID: 900,300
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
Tipztoe posted:
thank god there are no rich democrats
Well, Mitt would be the wealthiest president ever, by a wide margin. Further, he would be the first to come out of the private equity/hedge fund world which isn't that popular right now if you've been following the news.
some how I doubt he has more money than the Kennedy crooks, I mean dynasty.
-----signature-----
(none)
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Tipztoe posted:
-Rando- posted:
Tipztoe posted:
thank god there are no rich democrats
Well, Mitt would be the wealthiest president ever, by a wide margin. Further, he would be the first to come out of the private equity/hedge fund world which isn't that popular right now if you've been following the news.
some how I doubt he has more money than the Kennedy crooks, I mean dynasty.
The richest living Kennedy is Caroline i think, and her net worth isn't half of Willard's.
-----signature-----
|
|
Link to this post
|
tantallous
Title: Thought Police
Posts:
11,498
Registered:
Jan 11, '02
Extended Info (if available)
Real Post Cnt: 10,775
User ID: 606,983
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
he still paid more in taxes for one year than i will make in my life (from working anyway). are you saying he should pay even more? what is YOUR %? i know mine was much lower than that, and i know that there are many Americans for which that is the case.
-----signature-----
Its what you just said, translated into guy speak and leaving out the unecessary parts
|
|
Link to this post
|
Unarmed-Yarr
Title: Pirate of Harrrvestgain
Posts:
22,020
Registered:
Feb 23, '00
Extended Info (if available)
Real Post Cnt: 20,021
User ID: 12,032
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
So, hes paying to least taxes he legally can, like 99% of americans?
bitch about the tax code being broken, not what he paid.
-----signature-----
Old Fogie (4,297 days old), East Sider, Pirate
Unarmed Yarr, Dissilspilg, HOH 4 life (12-15-00)
Passersby were amazed by the unusually large amounts of blood.
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
tantallous posted:
he still paid more in taxes for one year than i will make in my life (from working anyway). are you saying he should pay even more? what is YOUR %? i know mine was much lower than that, and i know that there are many Americans for which that is the case.
My family's marginal tax rate is just over 18% of our income.
-----signature-----
|
|
Link to this post
|
combat_mage_sc
Title: Hi. My name is Combat and i'm an alcoholic.
Posts:
41,508
Registered:
Jul 20, '01
Extended Info (if available)
Real Post Cnt: 40,845
User ID: 266,617
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Of the Top 10 richest Politicians in DC, 7 are Demoncrats and 3 are Republicans.
-----signature-----
.................._@@@__
......_____//____?___\________
- ---o--------BEER-POLICE----@)
-----`--(@)======+====(@)--
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
combat_mage_sc posted:
Of the Top 10 richest Politicians in DC, 7 are Demoncrats and 3 are Republicans.
That's only because Willard keeps losing elections!
-----signature-----
|
|
Link to this post
|
AliHajiSheik
Posts:
3,162
Registered:
Jan 5, '03
Extended Info (if available)
Real Post Cnt: 3,145
User ID: 755,560
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
tantallous posted:
he still paid more in taxes for one year than i will make in my life (from working anyway). are you saying he should pay even more? what is YOUR %? i know mine was much lower than that, and i know that there are many Americans for which that is the case.
My family's marginal tax rate is just over 18% of our income.
Does that include mommy and daddy?
-----signature-----
*yawn*
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
AliHajiSheik posted:
-Rando- posted:
tantallous posted:
he still paid more in taxes for one year than i will make in my life (from working anyway). are you saying he should pay even more? what is YOUR %? i know mine was much lower than that, and i know that there are many Americans for which that is the case.
My family's marginal tax rate is just over 18% of our income.
Does that include mommy and daddy?
No, I'm a grown ass married man.
-----signature-----
|
|
Link to this post
|
Gaevren
Title: Wat do?
Posts:
18,183
Registered:
Sep 15, '04
Extended Info (if available)
Real Post Cnt: 17,906
User ID: 967,012
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
So...where are the laws he broke? Tax evasion? Anything? Doesn't sound like it. I'm like most people where I totally agree the entire tax code needs to be thrown out the window and rewritten, but I'm not blaming Mitt for that.
-----signature-----
There are no automatic doors, just very polite ninjas
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Gaevren posted:
So...where are the laws he broke? Tax evasion? Anything? Doesn't sound like it. I'm like most people where I totally agree the entire tax code needs to be thrown out the window and rewritten, but I'm not blaming Mitt for that.
It's not about laws (not yet at least...), it's about a Wall Street vulture with foreign bank accounts running for president on a platform of cutting his own taxes even more in an era when middle class people are getting squeezed, poverty is on the rise, and social mobility are falling. If you want to elect Scrooge McDuck as your next president, please go vote for Willard.
-----signature-----
|
|
Link to this post
|
Brother_Tempus
Title: Patriot
Posts:
48,624
Registered:
Jan 9, '01
Extended Info (if available)
Real Post Cnt: 48,310
User ID: 61,868
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Raytheon is just espousing more bigoted hate speech.
He has just chosen the "pc" minority to hate [ the rich ] , instead of the groups democrats use to demonize like the blacks which do not play well today society
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
|
Link to this post
|
regulator_cracka
Title: They finally recognized greatness.
Posts:
22,259
Registered:
Jan 6, '09
Extended Info (if available)
Real Post Cnt: 22,219
User ID: 1,343,795
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Oh, this crook really brought out the affected butthurts here.
-----signature-----
Self Appointed Smart Ass - Level 80
If you think my opinion is idiotic, re-read yours.
Dont worry I will give my opinion anyways.
The PvP MMO is NOT a "niche" market, Mythic is just a "niche" company.
|
|
Link to this post
|
Gaevren
Title: Wat do?
Posts:
18,183
Registered:
Sep 15, '04
Extended Info (if available)
Real Post Cnt: 17,906
User ID: 967,012
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
Dunno who I'm going to vote for yet. Obama has peeved me in a number of ways, Mitt has his flaws and he has plenty of stuff I don't agree with, and none of the other Republican candidates are appealing to me either. Newt is a worse choice than Romney, but if the decision comes down to Romney vs Obama- yeah at this point no idea who would get my vote.
-----signature-----
There are no automatic doors, just very polite ninjas
|
|
Link to this post
|
Ptilk
Title: Creepy old pirate
Posts:
50,658
Registered:
Feb 13, '02
Extended Info (if available)
Real Post Cnt: 48,530
User ID: 645,124
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Capital gains should be taxed just like any other income and at the same rate as other income. Oh, and you should have to pay SS/med taxes on capital gains as well. 
Well lookee there, I just fixed the deficit, SS and medicare in one easy step.
-----signature-----
(none)
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
Capital gains should be taxed just like any other income and at the same rate as other income. Oh, and you should have to pay SS/med taxes on capital gains as well.
Well lookee there, I just fixed the deficit, SS and medicare in one easy step.
Yep, let the Bush Tax Cuts (aka millionaire welfare) expire, tax capital gains like income, and uncap the payroll tax. Boom, social security is salient and we have no deficit.
-----signature-----
|
|
Link to this post
|
Brother_Tempus
Title: Patriot
Posts:
48,624
Registered:
Jan 9, '01
Extended Info (if available)
Real Post Cnt: 48,310
User ID: 61,868
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
Capital gains should be taxed
theft is immoral
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
|
Link to this post
|
Unarmed-Yarr
Title: Pirate of Harrrvestgain
Posts:
22,020
Registered:
Feb 23, '00
Extended Info (if available)
Real Post Cnt: 20,021
User ID: 12,032
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
Capital gains should be taxed just like any other income and at the same rate as other income. Oh, and you should have to pay SS/med taxes on capital gains as well.
Well lookee there, I just fixed the deficit, SS and medicare in one easy step.
short term capital gains are taxed at a similar rate to income, it is long term capital gains that are not. If you change the laws to make them the same, people would have little reason to actually "invest" anywhere, and the only invested money would be the gambling money tossed around by current wall street sleazes. In the end, this would probably hurt the middle class far more than the super rich.
-----signature-----
Old Fogie (4,297 days old), East Sider, Pirate
Unarmed Yarr, Dissilspilg, HOH 4 life (12-15-00)
Passersby were amazed by the unusually large amounts of blood.
|
|
Link to this post
|
Tipztoe
Posts:
26,665
Registered:
Mar 1, '04
Extended Info (if available)
Real Post Cnt: 23,788
User ID: 900,300
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
AliHajiSheik posted:
-Rando- posted:
[quote=tantallous]he still paid more in taxes for one year than i will make in my life (from working anyway). are you saying he should pay even more? what is YOUR %? i know mine was much lower than that, and i know that there are many Americans for which that is the case.
My family's marginal tax rate is just over 18% of our income.
Does that include mommy and daddy?
No, I'm a grown ass [/quote]
-----signature-----
(none)
|
|
Link to this post
|
BritonGuy
Title: Serious Business
Posts:
45,939
Registered:
Mar 4, '04
Extended Info (if available)
Real Post Cnt: 45,256
User ID: 901,272
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
and paid less income tax than a teacher or policeman.
Teachers and policemen pay 3 million in taxes a year?
-----signature-----
Briton Guy...persnickety...NEVER!  -Murron (truly) Hawkson is the greatest. -Hawkson Britonguy is usually right. -Onslaught on BT “Do or do not... there is no try.†- Yodazami Do you expect me to remember what I put in my mouth? -NSMachi
|
|
Link to this post
|
tantallous
Title: Thought Police
Posts:
11,498
Registered:
Jan 11, '02
Extended Info (if available)
Real Post Cnt: 10,775
User ID: 606,983
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
also, if you calculate a simple percentage, its closer to 14.6% (maybe a little more or less due to rounding of the various figures), which is approximately a 5% increase over what you threw out there in your title.
-----signature-----
Its what you just said, translated into guy speak and leaving out the unecessary parts
|
|
Link to this post
|
JD_HOGG
Posts:
19,975
Registered:
Mar 18, '08
Extended Info (if available)
Real Post Cnt: 19,893
User ID: 1,285,011
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
Tipztoe posted:
thank god there are no rich democrats
Well, Mitt would be the wealthiest president ever, by a wide margin. Further, he would be the first to come out of the private equity/hedge fund world which isn't that popular right now if you've been following the news.
Wide margin? Did you forget George Washington's plantation, or Jefferson's Monticello? Washington's plantation was over 8000 acres run by 300 slaves. That dude was loaded with some mad mad stacks. Jefferson was not far behind him.
-----signature-----
(none)
|
|
Link to this post
|
Ptilk
Title: Creepy old pirate
Posts:
50,658
Registered:
Feb 13, '02
Extended Info (if available)
Real Post Cnt: 48,530
User ID: 645,124
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Of course people would still invest in companies and real estate and everything else if the taxes paid on long term capital gains were the same as taxes on all other income. People don't stop wanting to make money because their tax rate goes up. If that was true, no one would want to be a millionaire...cause they have to pay more taxes.
Even Reagan was against having lower rates on capital gains than on other income. It's illogical and ridiculous.
A lot of the capital gains income isn't even from investments, it's salary and bonuses paid to investment bankers and board members of corporations that are structured in such a way that they can call them capital gains.. it's simply a dodge that the ultra rich use to pay ultra low taxes.
-----signature-----
(none)
|
|
Link to this post
|
Ah-Schoo
Title: Fuzzy Caterpillar of Friendliness
Posts:
71,317
Registered:
Aug 11, '00
Extended Info (if available)
Real Post Cnt: 68,974
User ID: 39,247
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Brother_Tempus posted:
Ptilk posted:
Capital gains should be taxed
theft is immoral
And you're retarded. My point is actually more relevant to this discussion than yours, how sad is that?
(Oh noes, B_T trolled me with his entirely opposite definition of theft from what he uses in the piracy discussions.)
-----signature-----
.
Opinion = fact. Anecdote = proof. Political label more important than either of those.
Welcome to ACF, where debate goes to die.
.
"fascist totalitarian secular progressive Zionist intellectually challenged Christian puppets." - Aerlinthina
|
|
Link to this post
|
GrimTempest
Title: Board Manager
Anime Aikousha
Posts:
37,523
Registered:
Dec 21, '01
Extended Info (if available)
Real Post Cnt: 36,478
User ID: 567,005
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Income - $21.7 million
Taxes Paid - $3 million
Donated to Charity - $2.98 million
Like any other american he works his taxes to pay the least he has to under the law. None of us willingly pay more in taxes than we have to, we're all looking for the little options the government gives us to get so much back or write something off. He's paid more in taxes in one year than most of us ever will.
What really stands out about this isn't how much he paid but how the news media, and the liberal side of it in particular, is having a field day with it and blatantly trying to sway peoples opinions with the information rather than just reporting the facts and letting people decide on their own if its bad/good or should even be an issue. Instead they find a way to put little twists into all of the reporting to put negative spins on everything. On the other side of it you have the few conservative rags out there doing the exact opposite. One side is proclaiming he pays more than the average american, the other that he pays less. No one is just providing the facts or providing a complete picture on it with just the facts both good and bad, only the parts that serves their interest. So if you want a story to get riled up about here it isn't his taxes but another clear example that our news media has no morals and has lost sight of what reporting the news actually is.
I don't care if your liberal or conservative or middle of the road, if your okay with the news media leading you around by the nose you might as well just give up your right to vote since you can't do any thinking for yourself anyway.
-----signature-----
MyAnimeList - http://myanimelist.net/profile/Grimtempest - Chaotic Neutral - El Psy Congroo
|
|
Link to this post
|
AliHajiSheik
Posts:
3,162
Registered:
Jan 5, '03
Extended Info (if available)
Real Post Cnt: 3,145
User ID: 755,560
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
Of course people would still invest in companies and real estate and everything else if the taxes paid on long term capital gains were the same as taxes on all other income. People don't stop wanting to make money because their tax rate goes up. If that was true, no one would want to be a millionaire...cause they have to pay more taxes.
Even Reagan was against having lower rates on capital gains than on other income. It's illogical and ridiculous.
A lot of the capital gains income isn't even from investments, it's salary and bonuses paid to investment bankers and board members of corporations that are structured in such a way that they can call them capital gains.. it's simply a dodge that the ultra rich use to pay ultra low taxes.
You clearly don't understand what long-term capital gains are, nor are you likely to have ever paid any. As for what you find logical, that would take a doctor with a flashlight to figure out.
-----signature-----
*yawn*
|
|
Link to this post
|
Cuttlery
Title: Wanna see what you missed?
Posts:
76,924
Registered:
Jan 9, '01
Extended Info (if available)
Real Post Cnt: 72,785
User ID: 62,026
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
Starting to like him more and more.
-----signature-----
0.o
Bored and Useless
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
To put this into perspective:
http://www.nytimes.com/interactive/2012/01/24/us/politics/the-candidates-tax-returns.html
Adjusted Gross Income -------- Income tax rate
Obama - $1,728,096 ----- 26.3%
Willard - $21,646,507 ----- 13.9%
Newt - $3,142,066 ----- 31.7%
So if you're an equities trader or wall street guy, you pay half of what someone making an actual salary makes (in the top income bracket). Appalling.
-----signature-----
|
|
Link to this post
|
Bat_Avenger
Posts:
7,592
Registered:
Oct 25, '06
Extended Info (if available)
Real Post Cnt: 7,552
User ID: 1,179,274
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
classic acf ... idiots pontificating on topics of which they have zero understanding. Go understand your 1040-EZ first.
-----signature-----
We are One Nation Under God - Barack "Barry" Obama
1/21/2013
Winning the nobel prize means 8 people in scandanavia liked you - it does not indicate truth, brilliance, or anything else.
-dugfromthearth
|
|
Link to this post
|
Unarmed-Yarr
Title: Pirate of Harrrvestgain
Posts:
22,020
Registered:
Feb 23, '00
Extended Info (if available)
Real Post Cnt: 20,021
User ID: 12,032
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
A lot of the capital gains income isn't even from investments, it's salary and bonuses paid to investment bankers and board members of corporations that are structured in such a way that they can call them capital gains.. it's simply a dodge that the ultra rich use to pay ultra low taxes.
Correct, and they should be separated from other long term capital gains, since these idiots dont actually have any vested stake to gain that money from. it is a loophole that should definitely be closed, but wont be since many people on capitol hill benefit from it greatly.
I do believe there should be a benefit to true investing, putting money into something you believe will thrive, for a longer term than wall street gamblers looking to make aquick buck off the backs of others.
i am not saying people wont put money into investments, i just dont believe they wil truly "invest" as was intended originally. People will be in and out of investments much, much faster if the taxes were quivalent, because they have nothing to gain by STAYING invested in something.
-----signature-----
Old Fogie (4,297 days old), East Sider, Pirate
Unarmed Yarr, Dissilspilg, HOH 4 life (12-15-00)
Passersby were amazed by the unusually large amounts of blood.
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
AliHajiSheik posted:
You clearly don't understand what long-term capital gains are, nor are you likely to have ever paid any. As for what you find logical, that would take a doctor with a flashlight to figure out.
Ooh, we have the trifecta:
[x] Condescending douchebag tone
[x] Personal Attacks
[x] Failure to address any points made in the thread.
Congrats, you now can be a card-carrying ACF conservatard. Just PM me your name and address, and I'll send you your special laminated signed card today!
-----signature-----
|
|
Link to this post
|
JD_HOGG
Posts:
19,975
Registered:
Mar 18, '08
Extended Info (if available)
Real Post Cnt: 19,893
User ID: 1,285,011
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
AliHajiSheik posted:
Ptilk posted:
Of course people would still invest in companies and real estate and everything else if the taxes paid on long term capital gains were the same as taxes on all other income. People don't stop wanting to make money because their tax rate goes up. If that was true, no one would want to be a millionaire...cause they have to pay more taxes.
Even Reagan was against having lower rates on capital gains than on other income. It's illogical and ridiculous.
A lot of the capital gains income isn't even from investments, it's salary and bonuses paid to investment bankers and board members of corporations that are structured in such a way that they can call them capital gains.. it's simply a dodge that the ultra rich use to pay ultra low taxes.
You clearly don't understand what long-term capital gains are, nor are you likely to have ever paid any. As for what you find logical, that would take a doctor with a flashlight to figure out.
I started to answer that, but figured what's the use, people who don't get it never will.
-----signature-----
(none)
|
|
Link to this post
|
Ptilk
Title: Creepy old pirate
Posts:
50,658
Registered:
Feb 13, '02
Extended Info (if available)
Real Post Cnt: 48,530
User ID: 645,124
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
The funny part of it is....I've been living almost entirely on capital gains income for years now. 
-----signature-----
(none)
|
|
Link to this post
|
JD_HOGG
Posts:
19,975
Registered:
Mar 18, '08
Extended Info (if available)
Real Post Cnt: 19,893
User ID: 1,285,011
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
The funny part of it is....I've been living almost entirely on capital gains income for years now.
I do not believe you. There is no way your income could be derived entirely by capital gains while the effect of the corporate income tax on your investments escapes you.
-----signature-----
(none)
|
|
Link to this post
|
Unarmed-Yarr
Title: Pirate of Harrrvestgain
Posts:
22,020
Registered:
Feb 23, '00
Extended Info (if available)
Real Post Cnt: 20,021
User ID: 12,032
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Ptilk posted:
The funny part of it is....I've been living almost entirely on capital gains income for years now.
by income that is hit by capital gains tax, or capitals gains distributions?
-----signature-----
Old Fogie (4,297 days old), East Sider, Pirate
Unarmed Yarr, Dissilspilg, HOH 4 life (12-15-00)
Passersby were amazed by the unusually large amounts of blood.
|
|
Link to this post
|
Ptilk
Title: Creepy old pirate
Posts:
50,658
Registered:
Feb 13, '02
Extended Info (if available)
Real Post Cnt: 48,530
User ID: 645,124
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
I buy crappy houses, fix them up and live in them for a while (2 years if possible)...then sell them. Obviously I haven't done much of that lately, but it's how the vast majority of my income has been generated.
When I say crappy houses, I mean totally unlivable crappy. I bought my last one for 13K....and sold it for 160K. Sure I invested another 45K in it, but not a bad return on my money.
I once bought a mobile home park, gee that was a blast.
-----signature-----
(none)
|
|
Link to this post
|
Unarmed-Yarr
Title: Pirate of Harrrvestgain
Posts:
22,020
Registered:
Feb 23, '00
Extended Info (if available)
Real Post Cnt: 20,021
User ID: 12,032
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
fair enough
Last night i got a form for my mutual fund account, and one of em had a capital gains distribution, separate from dividends. Had to go look up wtf it was, since the fund has been a bum the past few years. Wont complain paying taxes on free monies.
-----signature-----
Old Fogie (4,297 days old), East Sider, Pirate
Unarmed Yarr, Dissilspilg, HOH 4 life (12-15-00)
Passersby were amazed by the unusually large amounts of blood.
|
|
Link to this post
|
Tai-Daishar_MT
Title: Moderator
Troll Eradicator
Posts:
18,124
Registered:
Mar 9, '00
Extended Info (if available)
Real Post Cnt: 16,150
User ID: 14,326
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
Typical partisan post that means absolutely nothing since this is being done by members of both epic fail parties. But hey, grats for being obtuse enough not to notice what is going on in the world around you, must be comforting to live in such a state of bliss.
-----signature-----
Fare thee well VN, Vini, Vidi, Vici!
|
|
Link to this post
|
Brother_Tempus
Title: Patriot
Posts:
48,624
Registered:
Jan 9, '01
Extended Info (if available)
Real Post Cnt: 48,310
User ID: 61,868
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
To put this into perspective:
http://www.nytimes.com/interactive/2012/01/24/us/politics/the-candidates-tax-returns.html
Adjusted Gross Income -------- Income tax rate
Obama - $1,728,096 ----- 26.3%
Willard - $21,646,507 ----- 13.9%
Newt - $3,142,066 ----- 31.7%
So if you're an equities trader or wall street guy, you pay half of what someone making an actual salary makes (in the top income bracket). Appalling.
the point missed is that no one should be paying anything. The wage you work and earn is yours and government has no moral claim to it
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
|
Link to this post
|
Sgian_Dubh
Posts:
10,339
Registered:
Apr 7, '03
Extended Info (if available)
Real Post Cnt: 10,142
User ID: 788,270
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Brother_Tempus posted:
-Rando- posted:
To put this into perspective:
http://www.nytimes.com/interactive/2012/01/24/us/politics/the-candidates-tax-returns.html
Adjusted Gross Income -------- Income tax rate
Obama - $1,728,096 ----- 26.3%
Willard - $21,646,507 ----- 13.9%
Newt - $3,142,066 ----- 31.7%
So if you're an equities trader or wall street guy, you pay half of what someone making an actual salary makes (in the top income bracket). Appalling.
the point missed is that no one should be paying anything. The wage you work and earn is yours and government has no moral claim to it
Give it up already. FFS, anarchy doesn't work. Business likes stability, and stability only comes from some form of government administering law.
-----signature-----
"You'll rue the day you crossed me Trebek!"
|
|
Link to this post
|
silvadel2
Posts:
4,970
Registered:
Jul 13, '09
Extended Info (if available)
Real Post Cnt: 4,970
User ID: 57,980
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Capital Gains should be taxed at the same level as any other income BUT the basis should be indexed for inflation...
So if a person buys stock X 3 months ago at 15 and sells it at 30 today -- he pays just like normal income on the 15 profit.
If a person buys stock X 13 years ago at 15 and sells it at 30 today -- well 15 1999 dollars are worth (rough guess) 24 2012 dollars. He pays normal income on the 6 dollars he made (he didnt make 15 -- not really).
If a person bought a painting for $10,000 in 1985 and sells it tomorrow for $20,000 there would be no tax because $10,000 1985 dollars are worth more than $20,000 2012 dollars.
-----signature-----
Lost postcount 17k; Lost years 9.6; Lost Title: Priceless
The most expensive things in life are free
Asheron's Call 3 // Horizons 2 -- Dragons of Dereth (one can always hope)
1920x1200 is a Monitor. 1920x1080 is a TV without a tuner.
|
|
Link to this post
|
Ah-Schoo
Title: Fuzzy Caterpillar of Friendliness
Posts:
71,317
Registered:
Aug 11, '00
Extended Info (if available)
Real Post Cnt: 68,974
User ID: 39,247
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Sgian_Dubh posted:
Brother_Tempus posted:
-Rando- posted:
To put this into perspective:
http://www.nytimes.com/interactive/2012/01/24/us/politics/the-candidates-tax-returns.html
Adjusted Gross Income -------- Income tax rate
Obama - $1,728,096 ----- 26.3%
Willard - $21,646,507 ----- 13.9%
Newt - $3,142,066 ----- 31.7%
So if you're an equities trader or wall street guy, you pay half of what someone making an actual salary makes (in the top income bracket). Appalling.
<trolling by pretending to be retarded.>
Give it up already. FFS, anarchy doesn't work. Business likes stability, and stability only comes from some form of government administering law.
No no isolationism, anarchy and the gold standard are totally viable options for the USA, vote Ron Paul for none of that, but vote Ron Paul anyway!
-----signature-----
.
Opinion = fact. Anecdote = proof. Political label more important than either of those.
Welcome to ACF, where debate goes to die.
.
"fascist totalitarian secular progressive Zionist intellectually challenged Christian puppets." - Aerlinthina
|
|
Link to this post
|
levgre
Posts:
25,822
Registered:
Oct 24, '01
Extended Info (if available)
Real Post Cnt: 25,076
User ID: 479,056
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
The reason this is relevant, is Romney/Republicans constantly talks about how the rich are being squeezed out by taxes, yet many of the rich are paying tax rates lower than middle-class citizens.
-----signature-----
<(o.O)> <(o.O<) (>o.O)> (>o.O<)<(''<) <( ' ' )> (>'')>
|
|
Link to this post
|
Terminius_Est
Title: Moon River
Posts:
40,732
Registered:
Feb 27, '02
Extended Info (if available)
Real Post Cnt: 40,160
User ID: 651,096
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
We should all pay the same rate.
-----signature-----
There is no emotion, there is peace. There is no ignorance, there is knowledge. There is no passion, there is serenity. There is no chaos, there is harmony. There is no death, there is the FORCE. Sci/Fi Bookshelf http://tinyurl.com/2z8u9h
|
|
Link to this post
|
AliHajiSheik
Posts:
3,162
Registered:
Jan 5, '03
Extended Info (if available)
Real Post Cnt: 3,145
User ID: 755,560
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
levgre posted:
The reason this is relevant, is Romney/Republicans constantly talks about how the rich are being squeezed out by taxes, yet many of the rich are paying tax rates lower than middle-class citizens.
No, that's the way you always frame it for others.
-----signature-----
*yawn*
|
|
Link to this post
|
KonorLc
Posts:
17,954
Registered:
Oct 5, '01
Extended Info (if available)
Real Post Cnt: 17,622
User ID: 437,373
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
Good for Romney. 3 million to the government and 3 million to charity? Sounds like a good year for everybody.
-----signature-----
"For future reference, your ass is not a reliable source of data. "--- Osmethne http://mknx.com/v/cowbell.wmv http://www.astralwerks.com/fbs/woc/ "Every bad experience you've ever had in your life has one thing in common." Zukey
|
|
Link to this post
|
levgre
Posts:
25,822
Registered:
Oct 24, '01
Extended Info (if available)
Real Post Cnt: 25,076
User ID: 479,056
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
KonorLc posted:
Good for Romney. 3 million to the government and 3 million to charity? Sounds like a good year for everybody.
Especially for him since he didn't have to really work for that 21.5 million dollars.
That profit generated is largely due to the work of someone else... it trickles up from janitors, to managers, to financial companies. The problem isn't that Romney is getting money that should be given to charity/government. But rather that the rich are disproportionately rewarded for the work of the whole citizenry.
-----signature-----
<(o.O)> <(o.O<) (>o.O)> (>o.O<)<(''<) <( ' ' )> (>'')>
|
|
Link to this post
|
-Mithan-
Title: VNBoard Admin
Posts:
1,000,060,379
Registered:
Mar 1, '00
Extended Info (if available)
Real Post Cnt: 56,880
User ID: 13,156
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
So why is this a bad thing? The guy payed $6 million in taxes in two years.
This will support how many useless people on Wellfare who contribute nothing to society but more hoards of little impoverished children who run around pretending to be tough and causing crime all the while lamenting how evil the people who made money are for not giving them more money to spend on drugs and alcohol and the occasional unhealthy fat burger?
Good for Romney.
-----signature-----
I survived to the end and got nothing out of it, but hey.
|
|
Link to this post
|
ferdinand.the.great
Posts:
59,466
Registered:
Feb 12, '03
Extended Info (if available)
Real Post Cnt: 58,112
User ID: 769,574
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Brother_Tempus posted:
Ptilk posted:
Capital gains should be taxed
theft is immoral
So is being an idiot. You don't seem to have an issue with that one.
-----signature-----
Remember, remember, the seventeenth of May...tember...
The walrus, spam-bannings, and plot
I know of no reason the Walrus Night treason
Should ever be forgot
|
|
Link to this post
|
-Ducky-
Posts:
19,595
Registered:
Jun 1, '01
Extended Info (if available)
Real Post Cnt: 19,341
User ID: 143,553
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
His real name is Willard?
So now is Newt going to post his since he made such a stink?
-----signature-----
Love is better than anger. Hope is better than fear. Optimism is better than despair.
So let us be loving, hopeful and optimistic. And we’ll change the world. ~ Jack Layton
|
|
Link to this post
|
uglydwarf
Posts:
1,052
Registered:
Feb 4, '05
Extended Info (if available)
Real Post Cnt: 1,013
User ID: 1,024,892
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
from huffington post, red flag went up right there. they are more biased to the left than FOX is to right.
paid less than a teacher or a cop? i don't know of any of either group that pays over 3 million in taxes.
The top 1 percent: Americans who earned an adjusted gross income of $410,096 or more accounted for 22.8 percent of all wages. But they paid 40.4 percent of total reported income taxes, an increase from 39.9 percent in 2006, according to the IRS.
The top 5 percent: Americans who earned $160,041 or more accounted for 37.4 percent of all wages in 2007. But they paid 60.6 percent of the country's total reported income taxes, up from 60.1 percent a year earlier.
The top 10 percent: Americans who earned at least $113,018 paid 71.2 percent of the nation's income taxes, up from 70.8 percent a year earlier.
The top 25 percent: Americans who earned at least $66,532 paid 86.6 percent of the nation's income taxes, up from 86.3 percent a year earlier.
The top 50 percent: Americans who earned at least $32,879 paid 97.1 percent of the nation's income taxes, up from 97 percent a year earlier.
The bottom 50 percent: Americans who earned less than $32,879 paid 2.9 percent of the nation's income taxes, down from 3 percent a year earlier.
-Rando- posted:
We are the .001%! We are the .001%! Say it with me!
That's right, the Republicans proposed Robber Baron, Mitt "Capital Gains" Romney, made $45M over two years, and paid less income tax than a teacher or policeman. Some of his investments were hidden in a Swiss bank account to avoid taxation, but he closed this for "political considerations." But hey, a lifetime of pillaging companies built by hard working Americans ought to pay well, right?
Perhaps as America starves, he can sit in one of his palaces as his wife decrees "let them eat cake!"
http://www.huffingtonpost.com/2012/01/24/mitt-romney-tax-returns-released_n_1225247.html?1327382664
Mitt Romney Tax Returns Released: Paid Just 13.9% Rate In 2010, Had Swiss Bank Account
By Steve Holland and Kim Dixon
TAMPA, Fla./WASHINGTON, Jan 24 (Reuters) - Republican presidential candidate Mitt Romney released tax records on Tuesday indicating he will pay $6.2 million in taxes on a total of $42.5 million in income over the years 2010 and 2011.
Bowing to increasing political pressure to provide more detail about his vast wealth, the former private equity executive released tax returns indicating he and his wife, Ann, paid an effective tax rate of 13.9 percent in 2010. They expect to pay a 15.4 percent rate when they file their returns for 2011.
Romney's tax rate is below that of most wage-earning Americans because most of his income, as outlined in more than 500 pages of tax documents, flows from capital gains on investments.
Under the U.S. tax code, capital gains are taxed at 15 percent, compared with a top tax rate of 35 percent for wage earners.
Romney released the tax returns after a week in which his chief rival for the Republican presidential nomination, former House of Representatives Speaker Newt Gingrich, questioned whether Romney was hiding information about his finances and cast him as being out of touch with most Americans.
Gingrich's attacks on Romney helped him upset the former Massachusetts governor in the South Carolina primary on Saturday.
Since then, Romney has vowed to be more aggressive in returning fire.
He has launched a series of attacks questioning Gingrich's character, judgment and lucrative work as a Washington consultant, and released his tax returns to try to nullify Gingrich's criticisms on that front.
The tax rates Romney reported paying could add fuel to a national debate over the fairness of the tax code, and coincides with broader concerns about income inequality symbolized by the Occupy Wall Street movement.
-----signature-----
(none)
|
|
Link to this post
|
NeoKarnak
Posts:
3,788
Registered:
Dec 21, '09
Extended Info (if available)
Real Post Cnt: 3,786
User ID: 1,379,922
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Brother_Tempus posted:
-Rando- posted:
To put this into perspective:
http://www.nytimes.com/interactive/2012/01/24/us/politics/the-candidates-tax-returns.html
Adjusted Gross Income -------- Income tax rate
Obama - $1,728,096 ----- 26.3%
Willard - $21,646,507 ----- 13.9%
Newt - $3,142,066 ----- 31.7%
So if you're an equities trader or wall street guy, you pay half of what someone making an actual salary makes (in the top income bracket). Appalling.
the point missed is that no one should be paying anything. The wage you work and earn is yours and government has no moral claim to it
You should just stop posting. No one buys your crap.
I find it funny that the rich still bitch and moan about tax rates. They don't pay nearly as much as they say they do and IF they do, they're retarded.
Bunch of pussies.
-----signature-----
When was the last time you were honest with yourself?
|
|
Link to this post
|
Poit-Narf
Title: Cleric of Juan
Posts:
47,276
Registered:
Jul 11, '04
Extended Info (if available)
Real Post Cnt: 46,296
User ID: 943,679
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
uglydwarf posted:
from huffington post, red flag went up right there. they are more biased to the left than FOX is to right.
paid less than a teacher or a cop? i don't know of any of either group that pays over 3 million in taxes.
Did you actually read the article, or did you assume that Rando's commentary above the article was part of the article?
-----signature-----
"I think so, Brain, but there's still a bug stuck in here from last time." Rift: Deepstrike/Guardian Poit (Mage), Point (Rogue), Popit (Cleric), Poiyt (Warrior) http://immortal-guild.com/ "You're so heterophobic" -Lyli
|
|
Link to this post
|
Gaevren
Title: Wat do?
Posts:
18,183
Registered:
Sep 15, '04
Extended Info (if available)
Real Post Cnt: 17,906
User ID: 967,012
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
uglydwarf posted:
paid less than a teacher or a cop? i don't know of any of either group that pays over 3 million in taxes.
[/quote]
Oh come now, even if they are an ultra left-wing rag, it's pretty obvious they meant the tax rate he pays is less than that of a teacher or a cop, not the actual dollar amount itself.
-----signature-----
There are no automatic doors, just very polite ninjas
|
|
Link to this post
|
Dark_EternalFF
Title: Official ACF Turd
Posts:
85,900
Registered:
Nov 8, '02
Extended Info (if available)
Real Post Cnt: 84,100
User ID: 736,311
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Gaevren posted:
Dunno who I'm going to vote for yet. Obama has peeved me in a number of ways, Mitt has his flaws and he has plenty of stuff I don't agree with, and none of the other Republican candidates are appealing to me either. Newt is a worse choice than Romney, but if the decision comes down to Romney vs Obama- yeah at this point no idea who would get my vote.
Write-in vote: DE
-----signature-----
Max Fox (AC), Zygran (WoW, SWTOR) "We poison our air and water to weed out the weak! We set off fission bombs in our only biosphere! We nailed our God to a stick! Don't fk with the human race!" DE/Mr Pants 2012 
|
|
Link to this post
|
Gaevren
Title: Wat do?
Posts:
18,183
Registered:
Sep 15, '04
Extended Info (if available)
Real Post Cnt: 17,906
User ID: 967,012
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Dark_EternalFF posted:
Gaevren posted:
Dunno who I'm going to vote for yet. Obama has peeved me in a number of ways, Mitt has his flaws and he has plenty of stuff I don't agree with, and none of the other Republican candidates are appealing to me either. Newt is a worse choice than Romney, but if the decision comes down to Romney vs Obama- yeah at this point no idea who would get my vote.
Write-in vote: DE
SOLD! But only if you swear to wear your panama hat every day while in office. EVEN IF IT MEANS YOU HAVE TO BUY/BEG/BORROW/STEAL A NEW ONE.
-----signature-----
There are no automatic doors, just very polite ninjas
|
|
Link to this post
|
Itab
Title: I <3 Cookies
Posts:
10,896
Registered:
Feb 20, '06
Extended Info (if available)
Real Post Cnt: 10,650
User ID: 1,119,910
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
@bt: Why do you hate the constitution? You call it sacred or want to burn it every other thread. Make up your god damn mind.
-----signature-----
I'd suck a fart out of your ass and hold it likea bong hit. --- cumbat_mage_sc Kasta Magier says, "SLEEP IN HELL NINJA BASTARDS" http://i25.tinypic.com/24b6u5v.jpg
|
|
Link to this post
|
ArchrikerHG
Posts:
9,363
Registered:
Feb 20, '04
Extended Info (if available)
Real Post Cnt: 9,188
User ID: 897,067
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Terminius_Est posted:
We should all pay the same rate.
this...
and even if he is making more money than the other guys...he paid almost as much in charity as Gingrich made the entire year...(using the numbers someone above posted)...PLUS the 3 mill in taxes he paid. stop whining ya freakin babies.
-----signature-----
Soo... useless boobs run the world eh?
Sounds about right actually-Alkizmo
The jewel sequins, Hollywood designer clothes and makeup, and flashing LED panorama really
capture the dark cynical hopelessness of the grunge era -Vega
Archriker lvl 250 ret.
|
|
Link to this post
|
Rhodoman
Posts:
81,876
Registered:
Jun 14, '01
Extended Info (if available)
Real Post Cnt: 80,454
User ID: 154,069
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
He'll make a fine president.
Rho
-----signature-----
Rho is correct. - Varece
Venit hiems quidquid Latine dictum sit altum viditur
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
|
|
Link to this post
|
NeoKarnak
Posts:
3,788
Registered:
Dec 21, '09
Extended Info (if available)
Real Post Cnt: 3,786
User ID: 1,379,922
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Rhodoman posted:
He'll make a fine president.
Rho
No he won't. He'll make a fine concession speech.
-----signature-----
When was the last time you were honest with yourself?
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
ArchrikerHG posted:
he paid almost as much in charity as Gingrich made the entire year..
To be fair, the bulk of that "charity" was to the Mormon church, so that he can rule his own planet in the afterlife (not kidding, look up Mormon doctrine).
-----signature-----
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Rhodoman posted:
He'll make a fine president.
Rho
Well, you were really happy with Dubya, so I'm sure you'd love this asshole too.
-----signature-----
|
|
Link to this post
|
Hyperimiator
Title: Maximus Probus
Posts:
55,497
Registered:
Jul 20, '01
Extended Info (if available)
Real Post Cnt: 54,624
User ID: 266,347
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
|
He paid his legal share, if you don't like it lobby to change the law, otherwise he is doing what pretty much all of us do, and doesn't deserve condemnation.
-----signature-----
The Hyperimiator song http://www.wfmu.org/listen.ram?show=1639&starttime=1:40:35 "You are never going to be able to vote for the revolution. Get that hope out of your mind" -Jerry Rubin http://www.youtube.com/user/Hyperimiator#p/u
|
|
Link to this post
|
Kanga_Roo
Posts:
27,681
Registered:
Feb 26, '02
Extended Info (if available)
Real Post Cnt: 27,388
User ID: 650,647
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
AliHajiSheik posted:
Find where he broke a law or STFU.
Why?
This has less to do with Romney and more to do with the rich whining about tax rates while they pay at lower rates than the working class. This exposes a lie consistently repeated that the wealthy are being oppressed.
-----signature-----
Laws control the lesser man... Right conduct controls the greater one.
Mark Twain
|
|
Link to this post
|
Element_X
Posts:
37,012
Registered:
Dec 20, '01
Extended Info (if available)
Real Post Cnt: 36,429
User ID: 565,788
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
levgre posted:
KonorLc posted:
Good for Romney. 3 million to the government and 3 million to charity? Sounds like a good year for everybody.
Especially for him since he didn't have to really work for that 21.5 million dollars.
That profit generated is largely due to the work of someone else... it trickles up from janitors, to managers, to financial companies. The problem isn't that Romney is getting money that should be given to charity/government. But rather that the rich are disproportionately rewarded for the work of the whole citizenry.
I wonder if you libs have the capacity to think linear, at all. Didn't work for it? Its residual income for work he has done in the past. You think staying up all night studying to earn TWO degrees (simultaneously) at Harvard while raising a family isn't work? Starting your own business and building it over years and years isnt work?
On top of that, the money isnt sitting under a mattress. Its invested in the market which helps the economy.
Didn't work for it? Think more.
-----signature-----
They must find it difficult, those that take authority as truth, instead of truth as the authority
If you watch Cinderella backwards its about a woman who learns her place.
|
|
Link to this post
|
Rhodoman
Posts:
81,876
Registered:
Jun 14, '01
Extended Info (if available)
Real Post Cnt: 80,454
User ID: 154,069
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Element_X posted:
On top of that, the money isnt sitting under a mattress. Its invested in the market which helps the economy.
And *could*, at any point, become worth nothing. He's being paid for *risking* that money.
Rho
-----signature-----
Rho is correct. - Varece
Venit hiems quidquid Latine dictum sit altum viditur
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Element_X posted:
Didn't work for it? Think more.
Lol, always nice to come from a wealthy family to get you into ivy league schools and help you start up with millions to work with as a hedge fund manager and market predator. You know what though? At least his dad, George Romney actually built something and created jobs. All Willard could ever do is make money by raping weak companies. Guess it's hard work being born rich and dying rich though, right?
-----signature-----
|
|
Link to this post
|
Rhodoman
Posts:
81,876
Registered:
Jun 14, '01
Extended Info (if available)
Real Post Cnt: 80,454
User ID: 154,069
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
The class warfare seems to be working quite well.
Shown here, actual size.
Rho
-----signature-----
Rho is correct. - Varece
Venit hiems quidquid Latine dictum sit altum viditur
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
Rhodoman posted:
The class warfare seems to be working quite well.
Shown here, actual size.
Rho
I keep waiting for that day when you finally say something substantive, relevant or intelligent. I've been waiting years now, so I don't see it happening any time soon.
-----signature-----
|
|
Link to this post
|
Rhodoman
Posts:
81,876
Registered:
Jun 14, '01
Extended Info (if available)
Real Post Cnt: 80,454
User ID: 154,069
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
If you're waiting for me to post in order to fulfill expectations of yours, get used to waiting.
Rho
-----signature-----
Rho is correct. - Varece
Venit hiems quidquid Latine dictum sit altum viditur
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
|
|
Link to this post
|
Darwynnia
Title: Sugar Kibbi
Posts:
38,553
Registered:
Oct 13, '03
Extended Info (if available)
Real Post Cnt: 36,556
User ID: 845,204
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
I remember my father bitching because he had to pay 88K in capital gains tax one year.
He was storming around the house swearing about having to sign that cheque.
-----signature-----
Cluttered Desks and Ideas...
Sisters Forever
Susan Lynne Hall
1/20/69-12/21/05
Rest in Peace
|
|
Link to this post
|
Anebriated
Title: I should be reading a book
Posts:
37,996
Registered:
Jan 27, '03
Extended Info (if available)
Real Post Cnt: 36,373
User ID: 764,038
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
work is necessary for success but it is not sufficient. i bet there are millions of americans who work just as hard as him for much less money and still have to pay a bigger percentage of their income in taxes than willard, the guy who can afford to donate to charity almost exactly the amount he paid in taxes.
even his charity looks calculated and phony. lololol.
-----signature-----
(none)
|
|
Link to this post
|
-Foxy-
Title: Moderator
Ãœber Brat
Posts:
110,094
Registered:
May 29, '02
Extended Info (if available)
Real Post Cnt: 107,357
User ID: 683,944
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
ArchrikerHG posted:
he paid almost as much in charity as Gingrich made the entire year..
To be fair, the bulk of that "charity" was to the Mormon church, so that he can rule his own planet in the afterlife (not kidding, look up Mormon doctrine).
i didnt know to be president someones charity had to be vetted thru you to be considered an ok charity?
Hyperimiator posted:
He paid his legal share, if you don't like it lobby to change the law, otherwise he is doing what pretty much all of us do, and doesn't deserve condemnation.
yep
-----signature-----
Long suffering vassal to Xarkath, U.P. - Forever and ever
|
|
Link to this post
|
AliHajiSheik
Posts:
3,162
Registered:
Jan 5, '03
Extended Info (if available)
Real Post Cnt: 3,145
User ID: 755,560
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Rando- posted:
ArchrikerHG posted:
he paid almost as much in charity as Gingrich made the entire year..
To be fair, the bulk of that "charity" was to the Mormon church, so that he can rule his own planet in the afterlife (not kidding, look up Mormon doctrine).
According to Obama, he believes in God. By your judgment, he should be removed from office for that mental imbalance alone.
-----signature-----
*yawn*
|
|
Link to this post
|
Kordirn
Title: Pirate Prince
Posts:
23,453
Registered:
Apr 19, '04
Extended Info (if available)
Real Post Cnt: 23,192
User ID: 915,876
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
-Foxy- posted:
-Rando- posted:
ArchrikerHG posted:
he paid almost as much in charity as Gingrich made the entire year..
To be fair, the bulk of that "charity" was to the Mormon church, so that he can rule his own planet in the afterlife (not kidding, look up Mormon doctrine).
i didnt know to be president someones charity had to be vetted thru you to be considered an ok charity?
Hyperimiator posted:
He paid his legal share, if you don't like it lobby to change the law, otherwise he is doing what pretty much all of us do, and doesn't deserve condemnation.
yep
A tithe is a bit different than donating money to a charity.
-----signature-----
ooOooo oOoOO OOo
|
|
Link to this post
|
Kriegprojekt
Posts:
2,653
Registered:
Apr 12, '10
Extended Info (if available)
Real Post Cnt: 2,591
User ID: 1,390,814
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
AliHajiSheik posted:
Find where he broke a law or STFU.
Exactly.
He paid his fair share according to the law. If you want him to pay 35% on all of his income then Congress has to pass a law to include his investment income in the calculation. If not, he'll still pay 12-15% BY LAW on that amount. But we all know Congress wont do that since the majority of them make their own money through investments and would never dream of changing how much they pay in taxes.
Good for him. Im happy he made all that money. Funny thing is he paid more in taxes and contributions you will ever gross in your life. So its probably fair.
Oh btw, if you are going to pull statistics of Obama, Newt and Romney from one of the most biased reporting institutions in the world, at least, for the love of God, make sure the stats show an outcome on the same thing not, a percentage of taxe on wages for one person and then an aggregate percentage on wages and invesment income on the next.
Duh.
-----signature-----
http://www.immortal-guild.com/ Deepstrike Server Milkman - Guardian Bard
|
|
Link to this post
|
levgre
Posts:
25,822
Registered:
Oct 24, '01
Extended Info (if available)
Real Post Cnt: 25,076
User ID: 479,056
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
So many numbskulls missing the whole point. Most people aren't blaming him for his tax rate. And even if people think his exorbitant income highlights the severe issue of wealth disparity in the US, they are not demanding it be taken away.
The relevance is that Romney/Republicans constantly whine about the rich being over-taxed. Yet, you have wealthy people with 300x more income than Middle-class Americans who get a better deal tax-wise.
And Huff post being one of the most biased institutions in the world? lol... so much ignorance of reality. I guess you just gobble up whatever talking points you hear.
Ignoring that Huffington Post is composed of independent bloggers with different approaches, overall it has bias on a similar level to FOX news. Neither of these US news organizations are nearly as biased as thousands of fringe newscasts in the US and all over the world.
The Huffington Post source is irrelevant anyways, as it was a Reuters article which has been re-published all over.
That he garnered so much wealth and therefore gave back millions in taxes is irrelevant, there is no reason to have blind gratitude towards the rich, every bit of wealth is linked and dependent on the effort of lower level workers.
Of course there are rich people who contribute lasting benefits to society, like advancing scientific fields or creating new jobs, but those contributions are measured independent from earnings.
-----signature-----
<(o.O)> <(o.O<) (>o.O)> (>o.O<)<(''<) <( ' ' )> (>'')>
|
|
Link to this post
|
-Rando-
Posts:
4,660
Registered:
Jul 28, '10
Extended Info (if available)
Real Post Cnt: 4,657
User ID: 1,399,276
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
levgre posted:
So many numbskulls missing the whole point. Most people aren't blaming him for his tax rate. And even if people think his exorbitant income highlights the severe issue of wealth disparity in the US, they are not demanding it be taken away.
The relevance is that Romney/Republicans constantly whine about the rich being over-taxed. Yet, you have wealthy people with 300x more income than Middle-class Americans who get a better deal tax-wise.
The only Republican candidate even talking about wealth inequality and lack of social mobility (i.e. the death of the American dream) is Rick "anal lube" Santorum. This is the number one issue facing America right now, and none of the "mainstream" Republican candidates are talking about it. In the 1970s, a CEO made about 25 times what an average employee made in salary. Now? Over 200 times. Meanwhile, America has gone from a nation that makes things (i.e. goods) to a nation that trades debt and equity, and the cost is a vanishing middle class, widening wealth inequity, and the kind of risky economic policies that collapsed the system in 2008.
And now Willard shows up to represent the 1%, the guys that are getting fat while everyone else suffers, and pretends nothing is wrong. Good riddance to him, I hope he loses.
-----signature-----
|
|
Link to this post
|
AliHajiSheik
Posts:
3,162
Registered:
Jan 5, '03
Extended Info (if available)
Real Post Cnt: 3,145
User ID: 755,560
|
Subject:
LOL .. Willard "Moneybags" Romney tax returns - paid 13.9% income tax, had Swiss bank account
|
levgre posted:
So many numbskulls missing the whole point. Most people aren't blaming him for his tax rate. And even if people think his exorbitant income highlights the severe issue of wealth disparity in the US, they are not demanding it be taken away.
The relevance is that Romney/Republicans constantly whine about the rich being over-taxed. Yet, you have wealthy people with 300x more income than Middle-class Americans who get a better deal tax-wise.
And Huff post being one of the most biased institutions in the world? lol... so much ignorance of reality. I guess you just gobble up whatever talking points you hear.
Ignoring that Huffington Post is composed of independent bloggers with different approaches, overall it has bias on a similar level to FOX news. Neither of these US news organizations are nearly as biased as thousands of fringe newscasts in the US and all over the world.
The Huffington Post source is irrelevant anyways, as it was a Reuters article which has been re-published all over.
That he garnered so much wealth and therefore gave back millions in taxes is irrelevant, there is no reason to have blind gratitude towards the rich, every bit of wealth is linked and dependent on the effort of lower level workers.
Of course there are rich people who contribute lasting benefits to society, like advancing scientific fields or creating new jobs, but those contributions are measured independent from earnings.
Actually, you are missing the point. You see others that have money and want to figure out how to get it for what you want. You want the world to conform to your definition of fairness. I hear more complaints about people paying no federal income tax than that others don't pay enough. Maybe that's just your echo chamber.
The fact that you resent passive income and that people didn't "work" for what they have says more about you. You want to socialize the world's assets and others don't. From each according to their ability, to each according to their need. You reek of that attitude. I don't envy and obsess over others, you do.
-----signature-----
*yawn*
|
|
Link to this post
|
