Article

2012-01-24 -Election 2012

Mitt is Too Rich, paid Not Enough in Taxes, gave Too Much to Church

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Posted by Bobby 2012-01-24 06:36|| || Front Page|| [4 views ] Top

#1 There is a very good reason why governments don't tax wealth. It causes large scale capital flight.

Posted by phil_b 2012-01-24 07:33|| 2012-01-24 07:33|| Front Page Top

#2 $4.1 million to the Church of Jesus Christ of Latter-day Saints so that's how you get to be President of a church.

Posted by Skidmark 2012-01-24 10:04|| 2012-01-24 10:04|| Front Page Top

#3 This is similar to what Wall Street firms do for their executives:
They pay them $1/year in salary, and then give them a "bonus" of several million dollars.

If fellow Rantburgers will recall, that created a stir in congress when AIG tried to pay their execs with bonuses instead of salary (on the taxpayers' dime).

Posted by Frozen Al 2012-01-24 10:14|| 2012-01-24 10:14|| Front Page Top

$4.1 million to the Church of Jesus Christ of Latter-day Saints so that's how you get to be President of a church.

No, that's called paying the Tithe. paying about 7% beyond the tithe to other charities means their contribution rate exceeded 17 percent.

I also wouldn't whine about him carefully choosing his investments so that his tax burden was reduced. He paid something, which is more than the majority of eligible tax payers don't pay any income tax whatsoever, and even get money from the government in rebates...

I'm no supporter of Romney, preferring the "give-em hell Harry" style of Gingrich, but get back to me when the IRS finds he illegally paid less than he legally should have. Or when you get the name of his investment and tax advisor.

Posted by Ptah 2012-01-24 10:28|| http://www.crusaderwarcollege.org 2012-01-24 10:28|| Front Page Top

#5 Capital flight (supra) ...yes, just like what's happening in CA with business fleeing.

Posted by jack salami 2012-01-24 11:31|| 2012-01-24 11:31|| Front Page Top

#6 At some point those investments Romney has were purchased with after tax dollars. So at some point these earnings are returns on after tax income.

I have no problem with the effective tax rate Romney paid. When you figure that he probably has a home mortgage, dependents, and don't forget the Mass state taxes were all deductions from the Federal.

There's no story here, looks pretty good to me.

Warren Buffet made more in a month last year than Romney did the entire year.

The guys at Solydra also probably made more.

Posted by Bill Clinton 2012-01-24 12:04|| 2012-01-24 12:04|| Front Page Top

#7 He paid something, which is more than the majority of eligible tax payers don't pay any income tax whatsoever, and even get money from the government in rebates...

They don't get money from the government. Or Obama. They get it from people like Romney, who use fewer government services than the average Joe, and pony up more money in taxes in a single year than half of the population pays in a lifetime.

Posted by Zhang Fei 2012-01-24 15:55|| 2012-01-24 15:55|| Front Page Top

#8 We have a leech of a girl who gave birth to our grandsons daughter (Two idiots = 1 nice kid.).

In addition to WIC, etc., she also gets more back on her 1040 than she paid in (via "Earned Income Tax Credit" I've been told.), drives a nicer vehicle that my wife and I do, and am sure that a large portion of her cash tips go unreported. Staunch Zero supporter (go figure).

America, welcome to your new reality.....

Posted by Uncle Phester 2012-01-24 16:10|| 2012-01-24 16:10|| Front Page Top

#9 Members of the Free Lunch Party will oppose Romney.

Posted by Anguper Hupomosing9418 2012-01-24 18:01|| 2012-01-24 18:01|| Front Page Top

#10 That is why I believe that anyone on unearned government assistance should be in-eligible to vote.

No - you can't simply vote yourself more money.

Posted by CrazyFool 2012-01-24 18:49|| 2012-01-24 18:49|| Front Page Top

#11 Call me a traditionalist, but I oppose Romney due to his views on guns, taxes, global warming, abortion, big government and the individual mandate.

Posted by Iblis 2012-01-24 19:07|| 2012-01-24 19:07|| Front Page Top

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