Barack's tax return

[soulflower]

Romney's tax rate is lower because most of his money comes from investments. I suppose if Obama raised the tax rate on investments, it would be significantly higher. If anything, it shows how Romney knows how to work money to make money. That, as opposed to most politicians who only know how to spend money and then take it from the taxpayers so that they can spend more.

Why does he have offshore bank accounts? People who do that usually are doing something illegal or trying to avoid paying taxes

[georjec2]

[QUOTE=cprenegade;7996055]

How much I make or am worth is basically irrelevant to the conversation. What country clubs I may or may not belong to is of no importance as well. How much money makes one "rich"? To the person earning $50,000 per year, $789,674 is certainly considered "rich". Maybe not to the CEO or football player earning $2 million per year. If you don't think $700k puts the president above 95% of America in terms of earnings, then you must be the one who is naive. You can categorize me anyway that makes you happy. I won't categorize you, I don't know you. But don't worry, I do just fine. I would take your bet, but it has to be for at least $10,000. I don't bet anything less.

99% for the 1% make up 30% of the 99%.

Lot of poor people willing to jump in front of the bus to save rich folks. "Look out for dem wheels Suh I got em for ya ! "

If 700K puts a person above 95% of Americans income. Where and who are the so called "middle class" ?

cprenegade. Glad to see that you took my statements in stride and not to heart. I was just effing with you and trying to push your buttons good job on not taking the bait.

[naive]

Romney will pay 15.4% on 20.9 million in income...

Seems fair..

[RavensGrrl]

Obama paid a significantly higher tax rate than Romney(who stashes money offshore and wants to lower his own tax rate).

it's all relative i guess. barack also paid a lower rate than his secretary. this is why i'd like to see a flat tax & eliminate all deductions, credits & tax dodges.

Obama paid lower tax rate than secretary

[Passerine]

it's all relative i guess. barack also paid a lower rate than his secretary. this is why i'd like to see a flat tax & eliminate all deductions, credits & tax dodges.

Obama paid lower tax rate than secretary

Except for the fact that taking 20% from a millionaire hurts them much less than 20% from some poor schmuck making minimum wage.

[Eastside Terp]

Romney will pay 15.4% on 20.9 million in income...

Seems fair..

that's because its interest and dividends from his investments, right .......

its the second time he has paid taxes on that money ........

the first time when he earned it at the highest rate possible ........

and then they tax the interest on the "work" that the money does ........

or they tax a corporation at the highest rate in the world and then tax the earnings again when they distribute it to the stockholders as dividends ......

its funny that after 4 years in the white house and looking for 4 more Obama has no accomplishments or vision to run on and is going to run on Mitt following the law and paying millions in taxes ......

[betamanlet]

Obama pays a lower rate than I do. Should I be outraged?

[Mike Evans]

When will Willard release his???????

[betamanlet]

Should I be outraged that I don't get a mortgage interest deduction or am not allowed to take advantage of the student loan interest deduction?

[gonzoliberal]

Beta.... there's no "should" about it.

You ARE outraged... at everything.

Think about it.

[naive]

When will Willard release his???????

Willard is un-employed...He has no job, thus no W-2..He should be publicly thanking Obama for the market turn-arounds over the last 3.5 years...Because of that, Willard is able to make 20+ million a year on his investments...

Life was not as good for the Romney's under the last administration and the collapse of the stock market..