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Topic:
Romney releases tax forms [Locked] |
eodoll  Posts: 1,028
Registered: 2002-2-14 12:35:42
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
It bums me out ...
We know how the system works but its no surprise why the gap between the ultra wealthy and the working class is always widening. They legislate this stuff.
http://news.yahoo.com/romney-reports-tax-bill-6-2-million-2010-050445144.html |
Bowlartz  Title: Offical VN Tin Foil Hat Supplier
Posts: 221
Registered: 2006-1-4 19:59:15
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
Capital gains are from investments in....companies. Companies that provide jobs.
His earned income tax rates from previous years when he was amassing his fortune were higher.
He also risked the chance that every penny he invested, some 43 million dollars could have disappeared overnight if a company went bankrupt which happens all the time.
-----signature-----
Fellow Conservatives, put your money
where your forum mouth is...
http://www.kiva.org/
Lend a little to entrepreneurs around the world so
that they can show the world how it works... |
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
We demand only the elite run for president, allow wealthy corporations to control elections, and then we shake our tiny fists at the sky in feigned outrage that only the ultra wealthy thrive under these conditions.
We Americans sure are hypocritical  's.
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It is no measure of health to be well adjusted
to a profoundly sick society. - Jiddu Krishnamurti
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Sea_of_inK  Posts: 488
Registered: 2004-10-18 12:57:37
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
Once again, income inequality is front and center.
It has become a recurring theme. That should be a hint for some of you.
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
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We live in a system that glorifies wealth.
We are reaping what we've sown for generations. As long as our culture revolves around money we will not be free of it's influence in politics.
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vn_nnanji Title: Outpost Music Expert
Posts: 1,964
Registered: 2001-6-30 17:22:56
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
I don't consider his tithe to the Mormon church charity.
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eodoll Posts: 1,028
Registered: 2002-2-14 12:35:42
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
Bowlartz posted:
Capital gains are from investments in....companies. Companies that provide jobs.
His earned income tax rates from previous years when he was amassing his fortune were higher.
He also risked the chance that every penny he invested, some 43 million dollars could have disappeared overnight if a company went bankrupt which happens all the time.
Working for companies results in productivity.. Productivity is what returns real results.
Investing and getting back a return can also come from moving jobs overseas, taking companies apart, downsizing, buying distressed properities (kickng people out oftheir homes). Its not always from angel investing and creatng jobs. I simply think like with mortgage deductions, there should be caps on these incentivized tax rates. If you get back over s mil then youre taxed at the regular rate.
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Rhint Posts: 268
Registered: 2002-9-17 20:38:54
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
Bowlartz posted:
Capital gains are from investments in....companies. Companies that provide jobs.
His earned income tax rates from previous years when he was amassing his fortune were higher.
He also risked the chance that every penny he invested, some 43 million dollars could have disappeared overnight if a company went bankrupt which happens all the time.
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Pray for alien intervention
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Afio  Title: Belle of the Bull
Posts: 748
Registered: 2002-3-19 16:18:03
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
B_Shinkicker posted:
We demand only the elite run for president, allow wealthy corporations to control elections, and then we shake our tiny fists at the sky in feigned outrage that only the ultra wealthy thrive under these conditions.
We Americans sure are hypocritical 's.
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I'm not old, I'm crunchy.
IMHO: "  ou know your poop,Lyndrek"
"Unless you try to do something beyond what you have already mastered, you will never grow." - Ronald E. Osborn
I stole the above from Bonk's facebook, thanks.
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reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
Romney releases tax forms |
Bowlartz posted:
Capital gains are from investments in....companies. Companies that provide jobs.
His earned income tax rates from previous years when he was amassing his fortune were higher.
He also risked the chance that every penny he invested, some 43 million dollars could have disappeared overnight if a company went bankrupt which happens all the time.
You do realize the majority of his income is from buying and sellign businesses, right? Meaning he would go in sell off assets, cut jobs, close down plants and repackage and sell the company right?
Pretty much the opposite of providing jobs - he destroyed jobs.
Also the article says his capitol gains (investment) income was only:
$12.5 million for 2010 and an estimated $10.7 million for 2011.
And further more - when he was amassing his fortune it was more capitol gains, so he was paying less - not more.
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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
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