if romney's elected our taxes will go up

[your name here]

here is his plan in detail directly from his web site:
Tax policy shapes almost everything individuals and enterprises do as they participate in the economy. With bad design, tax policy can discourage economic activity. With good design, it can encourage it. Yet our current tax system is an accretion of decades of patchwork decisions that came into being with no systematic thought for their implications for job creation or economic growth. Every year, individual taxpayers are forced to confront a Rube Goldberg contraption of bewildering complexity that leads to a range of undesirable outcomes, including the fact that millions of Americans have to pay hundreds of dollars to have their tax returns prepared by a professional who understands the rules. Corporations, for their part, are subject to rules and regulations that all too often encourage tax gamesmanship while discouraging reinvestment in the American economy.
Obama's Failure
In approaching the nation’s fiscal challenges, President Obama has repeatedly called for a “balanced approach,” by which he means cutting spending but also raising taxes. That may sound appealing on the surface. However, the reality is that before President Obama exploded the size of the federal government, our existing tax rates were more or less adequate to pay for the government we needed. President Obama claims now to be offering a compromise. In fact, by undoing only some of the harm he has inflicted on our fiscal health over the past three years, he would ratchet up permanently the size of government and the tax burden on the American people.
President Obama’s proclivity for fostering uncertainty about the long-term shape of the tax code is particularly troublesome. He has embraced one temporary solution after the next while rejecting permanent adjustments that would bring some predictability and stability to investment decision-making. The result is a business climate marked by hesitation. When President Obama complains about banks refusing to lend and businesses refusing to hire, he should consider the impact of his own policies on that state of affairs.
No discussion of President Obama’s tax policies would be complete without a reference to Obamacare and its $500 billion in tax increases.
Mitt's Plan
Reducing and stabilizing federal spending is essential, but breathing life into the present anemic recovery will also require fixing the nation’s tax code to focus on jobs and growth. To repair the nation’s tax code, marginal rates must be brought down to stimulate entrepreneurship, job creation, and investment, while still raising the revenue needed to fund a smaller, smarter, simpler government. The principle of fairness must be preserved in federal tax and spending policy.
Individual Taxes
America’s individual tax code applies relatively high marginal tax rates on a narrow tax base. Those high rates discourage work and entrepreneurship, as well as savings and investment. With 54 percent of private sector workers employed outside of corporations, individual rates also define the incentives for job-creating businesses. Lower marginal tax rates secure for all Americans the economic gains from tax reform.
Make permanent, across-the-board 20 percent cut in marginal rates
Maintain current tax rates on interest, dividends, and capital gains
Eliminate taxes for taxpayers with AGI below $200,000 on interest, dividends, and capital gains
Eliminate the Death Tax
Repeal the Alternative Minimum Tax (AMT)
Corporate Taxes
The U.S. economy’s 35 percent corporate tax rate is among the highest in the industrial world, reducing the ability of our nation’s businesses to compete in the global economy and to invest and create jobs at home. By limiting investment and growth, the high rate of corporate tax also hurts U.S. wages.
Cut the corporate rate to 25 percent
Strengthen and make permanent the R&D tax credit
Switch to a territorial tax system
Repeal the corporate Alternative Minimum Tax (AMT)

[Ignorance is bliss]

fyi wrote:

Romney's tax plan will cut taxes on the top and raise taxes on the middle And bottom class.
http://m.cbsnews.com/fullstory.rbml;jsessioni...

If Obama is elected again the unemployment rate will go up.

[Ignorance is bliss]

fyi wrote:

Clearly, I am the only one with a college degree between the two of us. You drink the Koch brothers, Fox news, Limbaugh propaganda Kool aid.

Clearly, it's a degree in bullshit. Does that sound childish? It probably sounded as childish as attacking someone's education.

[ceecee]

fyi wrote:

Clearly, I am the only one with a college degree between the two of us. You drink the Koch brothers, Fox news, Limbaugh propaganda Kool aid.

Ooooooh did I hit a nerve?? You got a wittle defensive! So you have a college degree... who cares? It is quite possible that I have a more advanced degree than yours but hey you probably worked hard for that fashion history degree from the University of Phoenix. Please consider getting a mental health assessment soon... you're suffering from Fox Derangement Syndrome and showing signs of Koch paranoia... obsessive Bush bashing is sure to flare up soon.

[ceecee]

rwtaylor56 wrote:

<quoted text>
Tax rates have already been cut numerous times in hopes of inducing the rich to quit hoarding their money - it ain't working!

So you're saying this President's plan IS working??? I want to hear this...

The rich 'hoard THEIR money'(emphasis on their since it IS theirs) to prevent socialist scumbags for trying to seize it. I can't blame any wealthy individual for sitting on the sidelines when they're vilified... broadly painted as criminals... branded as unpatriotic... hell I'd shelter my money in the Caymans too!

If you want to spur investment, stablize the tax codes and quit adding uncertainty. If you look at Obama's previous three years his plans have done NOTHING but add questions and uncertainty while projecting our future taxes above other international tax havens. That ENCOURAGES the rich to invest elsewhere (or at the very least to just SIT on their cash).

I'd certainly be willing to listen and try a plan from a successful business leader with prior civil and executive experience over an abject failure who lists community organizing as his landmark prior experience.

[Scott_79]

Taxes will go up for all the classes of income no matter which is elected do to our economy. The only way to fix it is to cut spending or raise taxes and politicians will never cut spending. Only large corporations will receive tax cuts and the majority of large businesses aren't required to pay taxes as it is. Good example of that is GE which is a big Obama supporter. Doesn't matter who you vote for, you are still going to be taxed.

[Ignorance is bliss]

ceecee wrote:

<quoted text>
Ooooooh did I hit a nerve?? You got a wittle defensive! So you have a college degree... who cares? It is quite possible that I have a more advanced degree than yours but hey you probably worked hard for that fashion history degree from the University of Phoenix. Please consider getting a mental health assessment soon... you're suffering from Fox Derangement Syndrome and showing signs of Koch paranoia... obsessive Bush bashing is sure to flare up soon.

I wasn't even the person you originally said that to. I'm glad you think your so intelligent and everyone else is so dumb. Everyone can clearly see you took general psychology... Maybe to do a little self diagnosis? Hey you think everyone else in the world is dumb to. FYI I am a healthcare worker not a fashion major.

[Ignorance is bliss]

Ignorance is bliss wrote:

<quoted text>
I wasn't even the person you originally said that to. I'm glad you think your so intelligent and everyone else is so dumb. Everyone can clearly see you took general psychology... Maybe to do a little self diagnosis? Hey you think everyone else in the world is dumb to. FYI I am a healthcare worker not a fashion major.

Ok somebody quit using my screen name. That is some immature bullshit.

[rwtaylor56]

ceecee wrote:

<quoted text>So you're saying this President's plan IS working??? I want to hear this...

The rich 'hoard THEIR money'(emphasis on their since it IS theirs) to prevent socialist scumbags for trying to seize it. I can't blame any wealthy individual for sitting on the sidelines when they're vilified... broadly painted as criminals... branded as unpatriotic... hell I'd shelter my money in the Caymans too!

If you want to spur investment, stablize the tax codes and quit adding uncertainty. If you look at Obama's previous three years his plans have done NOTHING but add questions and uncertainty while projecting our future taxes above other international tax havens. That ENCOURAGES the rich to invest elsewhere (or at the very least to just SIT on their cash).

I'd certainly be willing to listen and try a plan from a successful business leader with prior civil and executive experience over an abject failure who lists community organizing as his landmark prior experience.

The wealthiest among us have already been given hefty tax breaks in hopes that they would take the savings and reinvest in our economy, create jobs and give raises. It has been an absolute failure. They haven't reinvested at all, and when they have it's typically been to offshore our existing jobs. In the meantime we no longer are funding our government and our infrastructure is going to hell in a hand basket. It's time to realize the experiment didn't work and move tax rates back to where they were during the Clinton years.

[your name here]

if the Dems would leave them alone, quit threatening to take their money, quit handstringing them with onerous government regulations, and quit vilifying them at every opportunity, they would invest and hire. WHo else do you think is going to do it? The poor? the government? When you leave them alone they invest, as was done from 2001-2008. It is only after 2008 that they have started hoarding their money and are waiting for the Dims to be voted out of office.

[heydo]

Obama is better on taxes? LOL....through his EPA, your energy bill will be going up immensely. Wait and see, as most utilities have to put on environmental compliance equipment with the cross state air pollution rule. Additionally, your taxes through the health care mandate (tax) is going up...these will BOTH affect the middle class. Put down the liberal pipe and step away from the voting booth. If you want to vote for Obama because your a lib, please do, but don't act like your doing so for tax reasons. Need I go into Obama's spending and deficit run up like no other in history? Bush on steroids

[heydo]

LOL ...it says Obama has called for a balanced approach of cutting spending....aa...

I'm sorry, I had to end it right there. Nothing esle from Obama can possibly be the truth. Obama CUT spending? Uhh...Mkay

[rwtaylor56]

your name here wrote:

if the Dems would leave them alone, quit threatening to take their money, quit handstringing them with onerous government regulations, and quit vilifying them at every opportunity, they would invest and hire. WHo else do you think is going to do it? The poor? the government? When you leave them alone they invest, as was done from 2001-2008. It is only after 2008 that they have started hoarding their money and are waiting for the Dims to be voted out of office.

Oh, so if we kiss their ass and do everything just the way they want, they might let a few crumbs fall off the table for us low lifes?? Why don't the rich have any responsibility for the country that's been so good to them? They typically don't serve in the military, they pay lower tax rates than we do - so what are they responsible for?? Shouldn't they feel an obligation to do right by America?? Screw em'- let em move to China and take their money with them. Now, on the other hand, us poor folk get drafted into the military when there's a war, get killed or maimed for life, and that's what they expect us to do for love of country, but don't date expect those rich bastards to do anything unless we kiss their ass and there's something in it for them. Geez!!

[ceecee]

rwtaylor56 wrote:

<quoted text>
Oh, so if we kiss their ass and do everything just the way they want, they might let a few crumbs fall off the table for us low lifes?? Why don't the rich have any responsibility for the country that's been so good to them? They typically don't serve in the military, they pay lower tax rates than we do - so what are they responsible for?? Shouldn't they feel an obligation to do right by America?? Screw em'- let em move to China and take their money with them. Now, on the other hand, us poor folk get drafted into the military when there's a war, get killed or maimed for life, and that's what they expect us to do for love of country, but don't date expect those rich bastards to do anything unless we kiss their ass and there's something in it for them. Geez!!

You're a perfect example of the socialist imbeciles who are causing this mess. IT IS THEIR MONEY! IT IS THEIR PROPERTY! They took the risks. In turn they provide jobs and circulate money through this economy. If you SEIZE the money from the rich and give it to all the 'disadvantaged and oppressed'(you should recognize those terms from your tattered Communist Manifesto)- do you really think that would be the balm this economy and nation need??? It would simply be a matter of time before those resources were squandered or wasted and then we'd be left in wasteland. Wake up! Those 'crumbs' from the table are from the bread that entrepenuers have devoted time, sweat, personal resources and risk to create. If you have a problem with them only paying capital gains (usually at 15% or sometimes less), then lobby to change the tax codes to implement a FAIR TAX. Currently you have an enormous segment of the population with no skin in the game because they DON'T PAY ANY. It's easy for these people to point at others and say they should pay more. STOP with the populist rhetoric and get a clue. If you think Sweden or other nations do it better, then by all means GO and relocate please.

[rwtaylor56]

ceecee wrote:

<quoted text>You're a perfect example of the socialist imbeciles who are causing this mess. IT IS THEIR MONEY! IT IS THEIR PROPERTY! They took the risks. In turn they provide jobs and circulate money through this economy. If you SEIZE the money from the rich and give it to all the 'disadvantaged and oppressed'(you should recognize those terms from your tattered Communist Manifesto)- do you really think that would be the balm this economy and nation need??? It would simply be a matter of time before those resources were squandered or wasted and then we'd be left in wasteland. Wake up! Those 'crumbs' from the table are from the bread that entrepenuers have devoted time, sweat, personal resources and risk to create. If you have a problem with them only paying capital gains (usually at 15% or sometimes less), then lobby to change the tax codes to implement a FAIR TAX. Currently you have an enormous segment of the population with no skin in the game because they DON'T PAY ANY. It's easy for these people to point at others and say they should pay more. STOP with the populist rhetoric and get a clue. If you think Sweden or other nations do it better, then by all means GO and relocate please.

No, the people who are causing this mess are the people sitting on trillions of dollars in profits and not reinvesting in the economy that helped them make it. Again, they were given huge tax breaks to give them an incentive to reinvest. Rather than taking it and reinvesting in the US economy that enabled them to make it in the first place they're either sitting on it or investing in off-shoring jobs. They don't work any harder than the rest of us - they don't deserve to get their asses kissed to have them do the right thing by our country. Why do you expect so little from people who've been given so much?

[rwtaylor56]

ceecee wrote:

<quoted text>You're a perfect example of the socialist imbeciles who are causing this mess. IT IS THEIR MONEY! IT IS THEIR PROPERTY! They took the risks. In turn they provide jobs and circulate money through this economy. If you SEIZE the money from the rich and give it to all the 'disadvantaged and oppressed'(you should recognize those terms from your tattered Communist Manifesto)- do you really think that would be the balm this economy and nation need??? It would simply be a matter of time before those resources were squandered or wasted and then we'd be left in wasteland. Wake up! Those 'crumbs' from the table are from the bread that entrepenuers have devoted time, sweat, personal resources and risk to create. If you have a problem with them only paying capital gains (usually at 15% or sometimes less), then lobby to change the tax codes to implement a FAIR TAX. Currently you have an enormous segment of the population with no skin in the game because they DON'T PAY ANY. It's easy for these people to point at others and say they should pay more. STOP with the populist rhetoric and get a clue. If you think Sweden or other nations do it better, then by all means GO and relocate please.

Luke 12:48 - For unto whomsoever much is given, of him shall be much required: and to whom men have committed much, of him they will ask the more.

[One Cent]

your name here wrote:

only a liberal media site would come to the conclusion that taxes will increase on the middle and bottom class when Romney 's plan clearly states:
"Last week he said he would also cut marginal, individual income tax rates by 20 percent for everyone who pays taxes."

Actually it was the same people who Mitt used in the primary elections to score tax proposals. So now that they are scoring against Mitt all of a sudden they are liars?

[One Cent]

ceecee wrote:

<quoted text>
You're a perfect example of the socialist imbeciles who are causing this mess. IT IS THEIR MONEY! IT IS THEIR PROPERTY! They took the risks. In turn they provide jobs and circulate money through this economy. If you SEIZE the money from the rich and give it to all the 'disadvantaged and oppressed'(you should recognize those terms from your tattered Communist Manifesto)- do you really think that would be the balm this economy and nation need??? It would simply be a matter of time before those resources were squandered or wasted and then we'd be left in wasteland. Wake up! Those 'crumbs' from the table are from the bread that entrepenuers have devoted time, sweat, personal resources and risk to create. If you have a problem with them only paying capital gains (usually at 15% or sometimes less), then lobby to change the tax codes to implement a FAIR TAX. Currently you have an enormous segment of the population with no skin in the game because they DON'T PAY ANY. It's easy for these people to point at others and say they should pay more. STOP with the populist rhetoric and get a clue. If you think Sweden or other nations do it better, then by all means GO and relocate please.

Actually it is not their money. Is their picture on it? Did they print it? It is "We the poeple"(s) money and it has been intrusted to people for the common good. When they stop doing things for the common good, they should not have the privilege of the US Amry protecting them or the court systems to use.
In short they have abused the trust they were given.

[ceecee]

One Cent wrote:

<quoted text>
Actually it is not their money. Is their picture on it? Did they print it? It is "We the poeple"(s) money and it has been intrusted to people for the common good. When they stop doing things for the common good, they should not have the privilege of the US Amry protecting them or the court systems to use.
In short they have abused the trust they were given.

And they pay taxes now for roads/bridges, national defense and education... as we all do. What's next? Do you want the 'rich' to pay more at toll booths? Pay more for basic goods and services since they have more in the bank? Where does that mindset end??

If communism is so wonderful why does it have to be implemented at gunpoint? Ask people from Venezuela or Cuba or the former Soviet Republic if they have warm memories or if they prefer FREEDOM. Those of you following this 'Occupy' rhetoric are basically advocating going the path of socialism/communism - either intentionally or not. You may be well-meaning but you're sorely misguided.

[rwtaylor56]

ceecee wrote:

<quoted text>And they pay taxes now for roads/bridges, national defense and education... as we all do. What's next? Do you want the 'rich' to pay more at toll booths? Pay more for basic goods and services since they have more in the bank? Where does that mindset end??

If communism is so wonderful why does it have to be implemented at gunpoint? Ask people from Venezuela or Cuba or the former Soviet Republic if they have warm memories or if they prefer FREEDOM. Those of you following this 'Occupy' rhetoric are basically advocating going the path of socialism/communism - either intentionally or not. You may be well-meaning but you're sorely misguided.

Having a progressive tax structure doesn't make our country communist or socialist.