Romney's Tax Plan Would Slash His Own...

Romney's Tax Plan Would Slash His Own Taxes

There are 42 comments on the theweek.com story from Jan 24, 2012, titled Romney's Tax Plan Would Slash His Own Taxes. In it, theweek.com reports that:

Why's everyone up in arms about Romney's tax records? The Week suggests there are seven reasons, but we think there are really just two:

1. Romney pays low taxes on a gigantic income by using legal loopholes like offshore accounts. He actually pays way less tax than most people in his income bracket, who pay on average 25%. (Gingrich pays close to 31%.)

2. Under Romney's tax plan, his own tax rate would be cut in half. (Under Newt's tax plan, he would pay nothing.)

Weigh in: Will Romney's his wealth and tax records make him a bad president? /i>

Join the discussion below, or Read more at theweek.com.

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Smokin Joe Obama

Wasilla, AK

#2 Jan 24, 2012
What needs slashing is the Lib regressive Communist POVERTY PIMPs that keep wanting YOUR tax to fund their JOBS making slaves of minority Americans on the PROGRAMS and telling them it's whitie keeping them down.

Obama ring a bell????
Gravediggers

United States

#3 Jan 24, 2012
Romney =$7,000,000 to church and charity

When did this nation deride people's success?

Mitt Romney is loyal to his wife and family, made his own money by trying to salvage FAILING businesses and he gives to charities.

Let's not forget that the Clintons made $75,000,000!

It's always ok for democrats to have money, but not republicans.

What about millionairess Nancy Pelosi's 62% INCREASE in income?

What about Brad Pitt and Angelina Jolie's 35 bedroom $60,000,000 chateau in France; plus all their other homes?
http://www.propgoluxury.com/EN/PropertyNews/F...

What about Dreamwork's Jeffrey Katzenburg's $35,000,000 mansion?
http://www.radaronline.com/exclusives/2012/01...

Kobe Bryant and wife's $75,000,000 mansions
http://www.dailymail.co.uk/tvshowbiz/article-...

Michael Jordan's FL mansion?
http://www.businessinsider.com/house-of-the-d...

Steve and Laureen Job's million dollar homeS
http://www.wired.com/epicenter/2011/02/steve-...

It's ok for democrats to have wealth, just not republicans.

OUT with ALL demoNcRats in 2012. Reclaim the Senate and the Presidency. Don't let Obama appoint anymore LIFETIME federal judges or Supreme Court judges. VOTE!

“Allcladrad”

Since: Jan 10

New Orleans, LA

#4 Jan 24, 2012
The media at its best. Never minding the facts, the authors and editors of this piece, didn't even bother to get an understanding of a simple term like loophole. Then make headline announcements stating that he pays a lower rate than most of us, when they know that 47% pay no federal income tax.

Politics is a dirty business, but the media is getting to be far worse.

There is no longer a distinction between news and opinion.

“your life is great”

Since: Aug 09

you poop in clean water

#5 Jan 24, 2012
Romney is a tither, no surprise there.
Tony

Broken Arrow, OK

#6 Jan 24, 2012
Gravediggers wrote:
Romney =$7,000,000 to church and charity
When did this nation deride people's success?
Mitt Romney is loyal to his wife and family, made his own money by trying to salvage FAILING businesses and he gives to charities.
Let's not forget that the Clintons made $75,000,000!
It's always ok for democrats to have money, but not republicans.
What about millionairess Nancy Pelosi's 62% INCREASE in income?
What about Brad Pitt and Angelina Jolie's 35 bedroom $60,000,000 chateau in France; plus all their other homes?
http://www.propgoluxury.com/EN/PropertyNews/F...
What about Dreamwork's Jeffrey Katzenburg's $35,000,000 mansion?
http://www.radaronline.com/exclusives/2012/01...
Kobe Bryant and wife's $75,000,000 mansions
http://www.dailymail.co.uk/tvshowbiz/article-...
Michael Jordan's FL mansion?
http://www.businessinsider.com/house-of-the-d...
Steve and Laureen Job's million dollar homeS
http://www.wired.com/epicenter/2011/02/steve-...
It's ok for democrats to have wealth, just not republicans.
OUT with ALL demoNcRats in 2012. Reclaim the Senate and the Presidency. Don't let Obama appoint anymore LIFETIME federal judges or Supreme Court judges. VOTE!
Remove ALL Republicans from office next election.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#7 Jan 24, 2012
allcladrad wrote:
The media at its best. Never minding the facts, the authors and editors of this piece, didn't even bother to get an understanding of a simple term like loophole. Then make headline announcements stating that he pays a lower rate than most of us, when they know that 47% pay no federal income tax.
Politics is a dirty business, but the media is getting to be far worse.
There is no longer a distinction between news and opinion.
And the Willard plan would end those loopholes so people making less than $50k a year would pay 25%-35% in taxes, while people like him who make $50k PER DAY would only pay 5%-10% in taxes.

At least we know who Willard is looking out for- not that there was ever a doubt.
Wall Street Government

Sebastian, FL

#8 Jan 24, 2012
allcladrad wrote:
The media at its best. Never minding the facts, the authors and editors of this piece, didn't even bother to get an understanding of a simple term like loophole. Then make headline announcements stating that he pays a lower rate than most of us, when they know that 47% pay no federal income tax.
Politics is a dirty business, but the media is getting to be far worse.
There is no longer a distinction between news and opinion.
Thanks to Reaganomics, no jobs.
Thanks to tax cuts no taxes.
Thanks to teabaggers, the whining, when their failed policies produce that result.

“Allcladrad”

Since: Jan 10

New Orleans, LA

#9 Jan 24, 2012
Tony,
Good plan. The Ds would have no one to blame for their failures. The rich would move the rest of their businesses off shore, the not so rich business guys would fold from high taxes and over regulation. But, there would be fair tax and income equality.

Of course, the down side would be living in a third world country.
Wall Street Government

Sebastian, FL

#10 Jan 24, 2012
WeTheSheeple wrote:
<quoted text>
And the Willard plan would end those loopholes so people making less than $50k a year would pay 25%-35% in taxes, while people like him who make $50k PER DAY would only pay 5%-10% in taxes.
At least we know who Willard is looking out for- not that there was ever a doubt.
Newt wants to cut capital gains Romney's tax to 0%.

“Allcladrad”

Since: Jan 10

New Orleans, LA

#11 Jan 24, 2012
We,
How would you know that? Certainly not from reading articles like that.

We are expected to "believe", not know.

I bet there are those of us who read that piece and believed all of it.
More Taxes WTF

Colonial Heights, VA

#12 Jan 24, 2012
Obama keeps talking about the rich not paying enough, but has he done about it, other than flap his gums. Same with the Democrat controlled senate. Talk is cheap. Stop playing class warfare.

“Allcladrad”

Since: Jan 10

New Orleans, LA

#13 Jan 24, 2012
Wall Street Government,

"Thanks to Reaganomics, no jobs.
Thanks to tax cuts no taxes.
Thanks to teabaggers, the whining, when their failed policies produce that result."

You sound just like the media I was complaining about, mixing opinion with facts.

So maybe the media is right it works for you.

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#14 Jan 24, 2012
The question presupposes Mitt will BE President.

He needs to worry about winning his party's nomination first. That should be a cinch, but he's showing no sign he's capable of closing the matter.

“Happiness comes through giving”

Since: Feb 08

Location hidden

#15 Jan 24, 2012
Smokin Joe Obama wrote:
What needs slashing is the Lib regressive Communist POVERTY PIMPs that keep wanting YOUR tax to fund their JOBS making slaves of minority Americans on the PROGRAMS and telling them it's whitie keeping them down.
Obama ring a bell????
No, you are just hearing bells, Quasimodo.

“Happiness comes through giving”

Since: Feb 08

Location hidden

#16 Jan 24, 2012
Tony wrote:
<quoted text>
Remove ALL Republicans from office next election.
Leave at least one. Otherwise how can we show how dumb they are?

“Happiness comes through giving”

Since: Feb 08

Location hidden

#17 Jan 24, 2012
More Taxes WTF wrote:
Obama keeps talking about the rich not paying enough, but has he done about it, other than flap his gums. Same with the Democrat controlled senate. Talk is cheap. Stop playing class warfare.
Ever hear of the House of Representatives? Wait till the Dems regain power and your wish will be granted.

Since: Feb 08

Hypoluxo Fl

#18 Jan 24, 2012
Smokin Joe Obama wrote:
What needs slashing is the Lib regressive Communist POVERTY PIMPs that keep wanting YOUR tax to fund their JOBS making slaves of minority Americans on the PROGRAMS and telling them it's whitie keeping them down.
Obama ring a bell????
What we need is for you to slash your wrists.

“Allcladrad”

Since: Jan 10

New Orleans, LA

#19 Jan 24, 2012
Larry,
The same can be said of the Ds, remember, these are politicians your referring to.
Wall Street Government

Sebastian, FL

#20 Jan 24, 2012
allcladrad wrote:
Wall Street Government,
"Thanks to Reaganomics, no jobs.
Thanks to tax cuts no taxes.
Thanks to teabaggers, the whining, when their failed policies produce that result."
You sound just like the media I was complaining about, mixing opinion with facts.
So maybe the media is right it works for you.
As the republicans parrot talking points from FOX and implement policies from the American Legislative Exchange Council.
When exposed the republican standby, blame the "media".

“Happiness comes through giving”

Since: Feb 08

Location hidden

#21 Jan 24, 2012
allcladrad wrote:
Larry,
The same can be said of the Ds, remember, these are politicians your referring to.
Yes, perhaps it becomes a matter of choosing what one considers the lesser of two evils. Democrats may rate only a five or six to me, but Republicans don't even get on the scale.

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