If Romney gets in which country will America start a war with next?

[frenchmon]

Worf, It is not a matter of Obama's war on the middle class, it's more an issue of every handout he sets up comes out of the middle class's pocket.

When people like Romney making the money he does in his sleep pays 13% or less in taxes, and I pay closer to 28% where do you see the money coming from?

Can you give some examples? And if you're speaking stimulus, did not Bush do the same? So I think we know what that was about.

[Hyfi]

Can you give some examples? And if you're speaking stimulus, did not Bush do the same? So I think we know what that was about.

Who is going to pay more for health care so those mandated to get it do?

Who is going to pay more for cars in 12 years because of his latest 54MPG rule?

Who pays all the time in order for those less fortunate? The Middle Class always foots the bill while Billionaires find all the tax loopholes and never seem to pay their share in accordance to what the middle class pays.

Flat Tax is the only fair way. No Loopholes, no special protection, no excuses.

[Feanor]

Who is going to pay more for health care so those mandated to get it do?

Who is going to pay more for cars in 12 years because of his latest 54MPG rule?

Who pays all the time in order for those less fortunate? The Middle Class always foots the bill while Billionaires find all the tax loopholes and never seem to pay their share in accordance to what the middle class pays.

Flat Tax is the only fair way. No Loopholes, no special protection, no excuses.

No loopholes, no special protections, no excuses -- and a progressive tax rate would be even better.

[Hyfi]

a progressive tax rate[/I] would be even better.

We already have that. The more wealthy you are, the less % of taxes you have to pay.

[Feanor]

We already have that. The more wealthy you are, the less % of taxes you have to pay.

... well technically that's called "regressive" taxation.

In other counties than the good ol' US of A, people cheat on their taxes, bribe officials and politicians, etc. There are no countries I know of where so much evasion is written into the code from the get-go.

A big issue State-side is the capital gains rate of only 15% -- it's a gift to the Romney's of the land. As I understand, in some countries, such as Canada I believe, if you make your living making capital gains, then they're not capital gains but regular income and taxed as such.

[Hyfi]

... well technically that's called "regressive" taxation.

In other counties than the good ol' US of A, people cheat on their taxes, bribe officials and politicians, etc. There are no countries I know of where so much evasion is written into the code from the get-go.

A big issue State-side is the capital gains rate of only 15% -- it's a gift to the Romney's of the land. As I understand, in some countries, such as Canada I believe, if you make your living making capital gains, then they're not capital gains but regular income and taxed as such.

Yep, that is because the people who write the Tax Codes are those with money and trying not to pay taxes on it.

Below is a link to an NPR article and interview on Romney including some of the things he did to amass a 20 million dollar IRA by investing in the things that his company was putting under to make stockholders more money.

As said earlier, he was the one who started the whole Tax Return issue and now does not want to follow thru on it.

'Real Romney' Authors Dissect His Latest Campaign : NPR

[frenchmon]

Who is going to pay more for health care so those mandated to get it do?

Who is going to pay more for cars in 12 years because of his latest 54MPG rule?

Who pays all the time in order for those less fortunate? The Middle Class always foots the bill while Billionaires find all the tax loopholes and never seem to pay their share in accordance to what the middle class pays.

Flat Tax is the only fair way. No Loopholes, no special protection, no excuses.

I dont know that Neil Borts flat tax is the way...I wish the rich a$$ people would pay there fair share. Stop blaiming Obama for this mess....it extends back well before he got in office.

You where already paying for the scumb bag who could afford insurance but never bought it. Now I wont have to pay for him anymore.....grown a$$ peolple should be responsible for theres now they will.

The car issue....good. I wont have to pay so much to fill my car....and then it sorta works out....less in gas more for the car. The way it is now... expensive a$$ car....expensive a$$ gas.

I dont think I can blame Obama for the stupid a$$ tax problem...you know who to blame for that stupid a$$ crap.

frenchmon

[Feanor]

I dont know that Neil Borts flat tax is the way...I wish the rich a$$ people would pay there fair share. Stop blaiming Obama for this mess....it extends back well before he got in office.

At the risk of sounding like a broken record, "this mess" extends back to Ronald Reagan and his "supply side", "trickle down" economics. By this theory, if you bribe the rich -- the "job creators" -- they'd invest in new business and create jobs. Really? Then how come the median income stop growing about that time and decline in the George W. years. Most of that job creation was in China.

Don't kid yourself: it wasn't Obama who began the "class warfare".

[frenchmon]

At the risk of sounding like a broken record, "this mess" extends back to Ronald Reagan and his "supply side", "trickle down" economics. By this theory, if you bribe the rich -- the "job creators" -- they'd invest in new business and create jobs. Really? Then how come the median income stop growing about that time and decline in the George W. years. Most of that job creation was in China.

Don't kid yourself: it wasn't Obama who began the "class warfare".

I agree! This is the worst congress I have ever seen....and they all got dog whistles!

I could have sworn I heard on the radio news that Apple has become the biggest company in the world....and 90% of their employees are over seas but their head quarters are here in the USA.....thats part of the problem with this good old US of A!

[Sir Terrence the Terrible]

Who is going to pay more for health care so those mandated to get it do?

We are already paying for those without insurance via Emergency room visits. This is why premiums keep going up year over year. The more people that are uninsured, the higher those premiums go. While ACA is not perfect, it will at least slow the costs of premiums, bring more people into the system at a lower cost, and take the pressure off of emergency room as care and maintenance facility.

Who is going to pay more for cars in 12 years because of his latest 54MPG rule?

The same people that will eventually pay $5 or $6 bucks a gallon anytime somebody mentions war in a oil producing country. Or when a hurricane rolls through the Gulf of Mexico, or when there is a refinery fire. Because of increased fuel efficiency, our country is using less and less oil. We have got to get off oil, so we can stop transferring wealth to people who hate our guts.

Who pays all the time in order for those less fortunate? The Middle Class always foots the bill while Billionaires find all the tax loopholes and never seem to pay their share in accordance to what the middle class pays.

Flat Tax is the only fair way. No Loopholes, no special protection, no excuses.

I would say a progressive tax with no loopholes, no special protection and no excuses is probably a better solution. Admittedly, I am a one percenter but I paid at tax rate of 35% on my earnings. If the truth is told, the top 10% paid 71% of all taxes last year. However, they have benefited far more than anyone in the last three decades, and are the only group to see their income rise over that period. We should be paying more...a lot more. In the times when we had, the entire country benefited. I pay my full taxes. No loopholes. I take only standard deductions, and do not seek to cheat out the country that has been so good to me financially.

[frenchmon]

We are already paying for those without insurance via Emergency room visits. This is why premiums keep going up year over year. The more people that are uninsured, the higher those premiums go. While ACA is not perfect, it will at least slow the costs of premiums, bring more people into the system at a lower cost, and take the pressure off of emergency room as care and maintenance facility.




The same people that will eventually pay $5 or $6 bucks a gallon anytime somebody mentions war in a oil producing country. Or when a hurricane rolls through the Gulf of Mexico, or when there is a refinery fire. Because of increased fuel efficiency, our country is using less and less oil. We have got to get off oil, so we can stop transferring wealth to people who hate our guts.



I would say a progressive tax with no loopholes, no special protection and no excuses is probably a better solution. Admittedly, I am a one percenter but I paid at tax rate of 35% on my earnings. If the truth is told, the top 10% paid 71% of all taxes last year. However, they have benefited far more than anyone in the last three decades, and are the only group to see their income rise over that period. We should be paying more...a lot more. In the times when we had, the entire country benefited. I pay my full taxes. No loopholes. I take only standard deductions, and do not seek to cheat out the country that has been so good to me financially.

Sir Terrence the Terrible;....Are you saying you are a 1%er as in the concentration of income and wealth among the top earning 1%, in America?

frenchmon

[Feanor]

Sir Terrence the Terrible;....Are you saying you are a 1%er as in the concentration of income and wealth among the top earning 1%, in America?

frenchmon

I think you can take Sir T at his word. Note he says 1%'er should be paying a lot more.

[Sir Terrence the Terrible]

Sir Terrence the Terrible;....Are you saying you are a 1%er as in the concentration of income and wealth among the top earning 1%, in America?

frenchmon

I make just a hair over the minimum standard for what is considered a 1 percentor. I sure don't feel like one.

[frenchmon]

I make just a hair over the minimum standard for what is considered a 1 percentor. I sure don't feel like one.

Cool! Can I get a loan? I need a new amp!......Just kidding. lol!

Ok...I've done a little research and for some reason I though the 1%ers where all millionairs....I see that I was completely wrong....and in the process found out I was in the top 5%. lol! And I can tell you I don't feel like that at all...why am I always broke!

[thekid]

If the truth is told, the top 10% paid 71% of all taxes last year. However, they have benefited far more than anyone in the last three decades, and are the only group to see their income rise over that period. We should be paying more...a lot more. In the times when we had, the entire country benefited. I pay my full taxes. No loopholes. I take only standard deductions, and do not seek to cheat out the country that has been so good to me financially.

I appreciate and applaud your decision to not take advantage of the many loopholes that are probably at your disposal. The statistic that you cite regarding the top 10% is one that I often hear people use to defend why those in the higher income brackets already "pay more than their share". On its own it sounds quite reasonable but as with other statistics you have to put it in context. Saying they paid 71% of all taxes is not the same as saying they paid 71% of their income in taxes which is how is is often portrayed by those who quote it. The Super Rich pay millions in taxes but because of the tax loopholes available to them those millions actually represent a smaller percentage of their actual income as compared to most people.

The use of numbers like that kind of reminds me of a baseball trivia question.

Can you name the tandem of brothers who have hit the most Home Runs in baseball history?

[Sir Terrence the Terrible]

I appreciate and applaud your decision to not take advantage of the many loopholes that are probably at your disposal. The statistic that you cite regarding the top 10% is one that I often hear people use to defend why those in the higher income brackets already "pay more than their share". On its own it sounds quite reasonable but as with other statistics you have to put it in context. Saying they paid 71% of all taxes is not the same as saying they paid 71% of their income in taxes which is how is is often portrayed by those who quote it. The Super Rich pay millions in taxes but because of the tax loopholes available to them those millions actually represent a smaller percentage of their actual income as compared to most people.

The use of numbers like that kind of reminds me of a baseball trivia question.

Can you name the tandem of brothers who have hit the most Home Runs in baseball history?

No Kid, we absolutely should be paying more since when have been the most benefited in the last couple of decades or more. When we paid more, the country boomed which meant we made more money.