Romney's Tax Returns - thoughts?

iVillage Member
Registered: 11-18-2008
Romney's Tax Returns - thoughts?
163
Tue, 01-24-2012 - 12:52pm

Do you have any feelings about Mitt Romney’s annual income for 2010, and the less-than-15% tax rate he paid?

http://www.nydailynews.com/news/politics/mitt-romney-releases-tax-records-gop-presidential-candidate-paid-3m-14-2010-article-1.1010823

“That means the former Massachusetts governor made about $59,452 every day in that year, dwarfing the median household income of $49,445, according to the U.S. Census Bureau.”

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Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Tue, 01-24-2012 - 4:41pm
I am getting sucked into this board because it's political season... Lol. ;-)

 

 

iVillage Member
Registered: 01-09-2012
Tue, 01-24-2012 - 4:48pm

LOL same here! I am so tired of seeing the commercials and bashing each other in debates or whatever yet here I am! I need to go get dinner started yet here I am! ;)

Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Tue, 01-24-2012 - 4:49pm
..And I think the "out of touch" argument would be a more valid one if he cheated, lied or was doing anything illegal (personally or professionally).....

 

 

iVillage Member
Registered: 03-03-2009
Tue, 01-24-2012 - 4:58pm
Debate involves differences of opinions. Nature of the beast.

"Unwelcome"? Really? I read a lecture about coveting, lattes, biblical parallels, and the freeloading-off-the-free market ways of government employees.

Seems to me like a heaping helping of "dish it out" followed, in short order, by "but can't take it".

Jabberwocka

iVillage Member
Registered: 01-09-2012
Tue, 01-24-2012 - 5:04pm

I did not see a helping of dish it out, simply a statement about her feelings about government paycheck coming from a different source than other paychecks and a statement that she felt there was some mean responses.

iVillage Member
Registered: 03-03-2009
Tue, 01-24-2012 - 5:20pm

I used the phrase "out of touch" because Romney has made some stupid comments.

Jabberwocka

iVillage Member
Registered: 03-03-2009
Tue, 01-24-2012 - 5:25pm
Perceptions (and perspectives) vary.

Jabberwocka

iVillage Member
Registered: 01-24-2012
Tue, 01-24-2012 - 7:21pm

Mitt Romney paid the same amount of Capital Gains Tax as President Obama and Warren Buffet..... It's not his fault that he followed the tax laws and makes his earnings off of investment income instead of normal income (which he paid 35% tax on before he was able to invest).

iVillage Member
Registered: 04-09-2011
Tue, 01-24-2012 - 7:43pm

Nobody is accusing him of doing anything wrong. What we see though is someone who claims to be in tune with the working folk of America, and on that one we can put up a stop sign and look closer.

God Bless Liberal Media for telling half the story !

Now the charities... over half of that went to LDS, which of course he commits to giving 10% of his income... so a bit of perspective is in order. Yup, you told less than half the story.

iVillage Member
Registered: 02-06-2003
Tue, 01-24-2012 - 7:45pm
Why should capital gains be taxed at a higher rate than earned income? You earn money, pay the taxes on it, then invest it in the hopes of getting a return. That investment allows provides the capital for others to open or expand businesses providing income to others. If you're going to tax an return on investment at a higher rate, you might as well just stick the money under the mattress rather than investing. And you realize that would affect annuities, pension funds and other instruments people have used to save for their retirements?

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