Romney, in interview, says his tax rate is "fair"

Sep 24, 2012 | Posted by: Mr_Bill | Full story: www.chicagotribune.com

U.S. Republican presidential candidate Mitt Romney said he thinks it is "fair" that he pays a lower tax rate on his investment income of $20 million last year than someone who made $50,000 annually.

"Yeah," Romney said in an interview aired on Sunday on the CBS television show "60 Minutes," when he was asked if he thought his relatively low rate was fair.

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“AVAUNCEZ!!”

Since: Aug 07

Eldora Iowa

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#1
Sep 24, 2012
 
He should have said, "my tax rate is the legal rate"
conservative crapola

Reading, PA

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#2
Sep 24, 2012
 
Not claiming all his charitable deductions, which would've made his rate even lower, is another rugby slight-of-hand.

rugby '12: Deception/Lies
Cat74

Mchenry, IL

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#3
Sep 24, 2012
 

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The Romneys are more then generous with their money. Not so much that alcoholc Biden. I love that the Democrats cannot find anything corrupt about Romney, and the Obamas ooze corruption so they make things up. Then the are caught in their lies, and look stupid. 44 days, and the incumbent cannot break 50%. Thank You Jesus.
conservative crapola

Reading, PA

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#4
Sep 24, 2012
 
Cat74 wrote:
The Romneys are more then generous with their money. Not so much that alcoholc Biden. I love that the Democrats cannot find anything corrupt about Romney, and the Obamas ooze corruption so they make things up. Then the are caught in their lies, and look stupid. 44 days, and the incumbent cannot break 50%. Thank You Jesus.
There's no room for Jesus in your party. It's officially joseph smith. Watching the evantalibanicals trod to the polls to deny their Lord and accept the teachings of bishop rugby will be priceless. The Simon Peter Party.
Cat74

Mchenry, IL

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#5
Sep 24, 2012
 

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This country was created by our Creator, and He isn't about to let some radical Muslim tear it apart. He walks with us. No prayer rugs in real American houses.
conservative crapola

Reading, PA

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#6
Sep 24, 2012
 

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Cat74 wrote:
This country was created by our Creator, and He isn't about to let some radical Muslim tear it apart. He walks with us. No prayer rugs in real American houses.
Your prayer rugs are the statuettes, pictures and the beads. Not much difference. Only christian evantalibaniclas invoke it when it suits their agenda. You gonna buy some joseph smith beads?
Cat74

Mchenry, IL

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#7
Sep 24, 2012
 

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No, I don't need beads, have plenty, and I already told my children about Allah. He was a disgruntled camel jockey that wanted to marry an 11 year old. Sick, just sick.

Since: May 11

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#8
Sep 24, 2012
 

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Cat74 wrote:
No, I don't need beads, have plenty, and I already told my children about Allah. He was a disgruntled camel jockey that wanted to marry an 11 year old. Sick, just sick.
Have your children read the Bible? I suppose they think incest and wife-swapping are OK?

Since: May 11

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#9
Sep 24, 2012
 

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Cat74 wrote:
This country was created by our Creator, and He isn't about to let some radical Muslim tear it apart. He walks with us. No prayer rugs in real American houses.
Your arrogance knows no bounds, does it? This country was created by our CREATOR? You're saying He didn't create the entire world and everyone in it?

Jesus loves the little children....all the children of the world....red and yellow, black and white, they are precious in his sight...Jesus loves the little children of the world.

Until you get a REAL understanding of what it's like to be Christ-like, please don't around pretending to be a Christian.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

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#10
Sep 24, 2012
 

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Cat74 wrote:
This country was created by our Creator, and He isn't about to let some radical Muslim tear it apart. He walks with us. No prayer rugs in real American houses.
You shoud be very, very careful. You worship Satan, and think he is Jesus.

Read 2 Peter 2. You need to understand, to save your soul.
conservative crapola

Bethlehem, PA

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#12
Sep 24, 2012
 

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Cat74 wrote:
No, I don't need beads, have plenty, and I already told my children about Allah. He was a disgruntled camel jockey that wanted to marry an 11 year old. Sick, just sick.
Did you tell them Jesus hung around with men?
questioner

Rising Star, TX

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#14
Sep 24, 2012
 
What is "fair" depends on who you ask.
3OHA

San Jose, CA

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#15
Sep 24, 2012
 
The new Democrat policies of wealth redistribution is already happening. The victims of these policies are the widows and widowers. Their spouses spent their lives accumulating some wealth, so that their surviving spouse could have a decent income in their waining years. With Democrat Fed policies, the widows are receiving exceptionally low returns on the million, or even several million invested dollars left them, often as low as 0.20% on their savings. This forces them to constantly live on the remaining principle, further decreasing their standards of living. As their principle decreases, their return decreases. Still, Democrat standards disallow these low income people from receiving financial aid, not even food stamps are allowed them, because of the remaining principle in their savings. It becomes a Catch 22 for widows and widowers, as Democrats continue to steal from the vulnerable, while their policies cause continued inflation of basic necessities, further impacting these "millionaires", whose spouses had the audacity to want to give their families something after they passed away.
3OHA

San Jose, CA

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#16
Sep 24, 2012
 
"waining" = waning.
conservative crapola

Allentown, PA

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Sep 24, 2012
 

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3OHA wrote:
The new Democrat policies of wealth redistribution is already happening. The victims of these policies are the widows and widowers. Their spouses spent their lives accumulating some wealth, so that their surviving spouse could have a decent income in their waining years. With Democrat Fed policies, the widows are receiving exceptionally low returns on the million, or even several million invested dollars left them, often as low as 0.20% on their savings. This forces them to constantly live on the remaining principle, further decreasing their standards of living. As their principle decreases, their return decreases. Still, Democrat standards disallow these low income people from receiving financial aid, not even food stamps are allowed them, because of the remaining principle in their savings. It becomes a Catch 22 for widows and widowers, as Democrats continue to steal from the vulnerable, while their policies cause continued inflation of basic necessities, further impacting these "millionaires", whose spouses had the audacity to want to give their families something after they passed away.
If they were smart anti-Americans, they would've had their money in the Caymans. Like con nominee rugby.
3OHA

San Jose, CA

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#18
Sep 24, 2012
 
conservative crapola wrote:
<quoted text>
If they were smart anti-Americans, they would've had their money in the Caymans. Like con nominee rugby.
US Tax Code allows international investment. Many US companies advantage that Code, including those run by Democrats.

“The so-called offshore account in the Cayman Islands…is an account established by a U.S. firm to allow foreign investors to invest in U.S. enterprises and not be subject to taxes outside of their own jurisdiction,” Mr. Romney said.“The world of finance is not as simple as some would have you believe,” he added.“Sometimes a foreign entity is formed to allow foreign investors to invest in the United States, which may well be the case with the entities that Democrats are describing as foreign accounts.”

Politifact.com says "As long as profits are not brought back to the United States, or "repatriated," no tax is due. Federal law allows the taxation of "passive income," meaning the interest earned on profits of those subsidiaries. But typically the companies reinvest the money elsewhere, Shackelford said."

Taxing passive income means that any profits ever brought back into US Tax Code jurisdiction get taxed. Your Fascist economic principles fly in the face of concepts of freedom long established by Americans actually practicing enhancement of international economic realities, instead of talking international trade, while talking no international trade in an economic reality even Democrats admit would disadvantage US businesses if they weren't allowed to partake of the same advantages other nations practice.
Tony

Broken Arrow, OK

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#19
Sep 24, 2012
 

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Romney believes the working poor and middle class should bare the brunt of the taxes. Romney as President will no doubt only represent the wealthy and NOT the middle class or poor.
Tony

Broken Arrow, OK

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#20
Sep 24, 2012
 
Romney and friends have hired lobbyists to bribe members of congress including Paul Ryan to write special tax codes for Romney and friends then Romney says he pays all the taxes that the law require.
Tony

Broken Arrow, OK

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#21
Sep 24, 2012
 
Romney's 47%er's say their tax rate is also fair.

“All power to the people.”

Since: Mar 07

San Diego, CA

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#22
Sep 24, 2012
 
Cat74 wrote:
This country was created by our Creator, and He isn't about to let some radical Muslim tear it apart. He walks with us. No prayer rugs in real American houses.
An arrogant prick stick his head all the way up his a**. North America was put here for white people to rape? Really?

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