So....yea, Romney's finished. (Paid 14% tax rate on $14 million dollars)

[beenz]

14.1 percent is not little.

its less than what I pay.

 

[beenz]

It gets worse.


Mitt paid 13% on 21 million dollars in 2010


Does he have any shame?




Wall Street loves to attach itself to Silicon valley... its really sad. Silicon Valley has its own major and famous venture capital firms, and the major silicon valley firms are paid in regular income, not carried interest, and they have not destroyed the economy. The idea that Silicon Valley needs Wall Street to exist is utterly laughable.

As far as Mitt being "intelligent enough" to abuse the tax code, abusing something is not intelligence. Putting money in the stock market is NOT what Mitt Romney did, and even then everybody knows that investing your money in Wall Street, especially after 2008, is a game restricted to the wealthy and connected. 95% of capital gains taxes were paid by the wealthiest Americans. The idea that regular Americans should emulate Romney, when they have literally polar circumstances is not based in reality. Should they be born into 9 figures and a politically well connected family too?

 

[R.E.N. Spells Ren]

man, when was the last time u heard one of these rich a$$holes losing their shirt in the market? they ain't taking risk either. they're pretty much getting a guarunteed return on investment.

2008


Seriously, tho, what's sick about this is that I'm closer to 20% (I'm losing brehs, ).

And when you consider what I do with that remaining 80% of earning vs what Romney does with the remaining 85% of his earnings it get worse. Much more of my money (percentage wise) goes to actually living (yanno clothing, eating, housing, entertainment) than the Romneyspends on the same....and his expenses are far more luxurious and lavish.

But he's spurring the economy

 

[DaChampIsHere]

Yea you're dense. And you like arguing to argue without reading the other person's point. I clearly said him paying 14% wasn't wrong part.
Both sides are fukking up yet the only guy he's running against stands squarely on the other side of this issue.

Apparently the current government sees no problem with this either. So who are you mad at about this?

Disregarding his stance on anything else, how is he wrong here? How does this prove anything wrong/contradictory about him? Cutting regular income tax rates from upper class and increasing regular lower income class tax rates is wrong to me, but what does that have to do with this?

If anything, this should inspire you all to make passive income and build businesses, because the tax code is structured this way to incentivize risk taking. If we taxed capital gains the same as income, you could forget about Silicon Valley and Wall Street existing.
Instead of whining about Mittdawg being intelligent enough to take advantage of the tax system, you all should be emulating his behavior by saving any discretionary income you have and putting it in the stock market instead of wasting it. Then maybe in 10-20 years you all could accumulate enough investments to live off your returns.

I think dudes just really want to be mad at Republicans.

 

[skeetsinternal]

 

[R.E.N. Spells Ren]

Apparently the current government sees no problem with this either. So who are you mad at about this?

Disregarding his stance on anything else, how is he wrong here? How does this prove anything wrong/contradictory about him? Cutting regular income tax rates from upper class and increasing regular lower income class tax rates is wrong to me, but what does that have to do with this?


I think dudes just really want to be mad at Republicans.

Like I said, you're arguing to argue, ignoring the points actually being made, good day, sir.

 

[DaChampIsHere]

Like I said, you're arguing to argue, ignoring the points actually being made, good day, sir.

I didn't ignore anything. You just don't know what you're talking about.

There's a difference between capital gains taxes and regular wage taxes. You don't seem to understand that. Ignorance is bliss though.

You're arguing about something that everyone in the thread on both sides has already learned, acknowledged, and moved on from.

You're the only one still talking about "Bu-bu-but but, what about his stance on cutting upper class income taxes." It's silly.

 

[R.E.N. Spells Ren]

I didn't ignore anything. You just don't know what you're talking about.

There's a difference between capital gains taxes and regular wage taxes. You don't seem to understand that. Ignorance is bliss though.

You're arguing about something that everyone in the thread on both sides has already learned, acknowledged, and moved on from.

You're the only one still talking about "Bu-bu-but but, what about his stance on cutting upper class income taxes." It's silly.

Thanks for confriming my assertion that you're arguing just argue.

I made NONE of the points you just tried to pin on me.

Keep playing dumb, thinking you look smart...good day.

 

[DaChampIsHere]

Thanks for confriming my assertion that you're arguing just argue.
I made NONE of the points you just tried to pin on me.
Keep playing dumb, thinking you look smart...good day.

I love to argue, and you know this, and I'm dense, but you're the one who started with me?

Let's look at your first post to me:

My god, you're dense.
What's wrong isn't that he's paying 14%, it's that he doesn't see anything wrong with it, thinks the wealthy need more of a break, and is running for an office which would allow his beliefs to become policy.

If you knew what you were talking about, you'd see that Romney wants to keep taxes on capital gains (like 90% of his income, what you all are mad about) the same, not decrease the tax rate:

Capital Gains Fault Line as Obama-Romney Tax Plans Differ - Bloomberg

Investment tax rates and wage tax rates are two different issues. Do you get this? We agree on one thing, but you clearly don't see its distinction from the other half of what you are discussing.

Tell me I'm dense/like to argue/other ad hominems/etc. and avoid the facts with your next post again, please.

 

[Ain't That Something]

My god, you're dense.

What's wrong isn't that he's paying 14%, it's that he doesn't see anything wrong with it, thinks the wealthy need more of a break, and is running for an office which would allow his beliefs to become policy.

nikka if that was me I wouldnt wanna pay more than i have to either. Yall nikkas somethin else. He made 14 donated 4 and got taxed 2. Ya want that nikka to donate half his investments every year.

 

[Ain't That Something]

It's funny how nikkas are about welfare but at Romney paying that low ass percentage.



Sent from my SAMSUNG-SGH-I997 using Tapatalk 2

Welfare= living off my tax dollars for free.

Investments = getting taxed less bc i invested wisely. U cant be serious

 

[Ain't That Something]

If anything, this should inspire you all to make passive income and build businesses, because the tax code is structured this way to incentivize risk taking. If we taxed capital gains the same as income, you could forget about Silicon Valley and Wall Street existing.

Instead of whining about Mittdawg being intelligent enough to take advantage of the tax system, you all should be emulating his behavior by saving any discretionary income you have and putting it in the stock market instead of wasting it. Then maybe in 10-20 years you all could accumulate enough investments to live off your returns.

nikkas rather be taken cared off then invest! Same nikkas compl

 

[CrimsonTider]

Rich will always get richer. We the middle class will always shrink. Poor will remain poor. Its been like this against the beginning of time and will never change.Whats funny is if we were in Romney;s spot we would try to find loopholes too. Im not defending ths prick,but he is taking advantage of a weak system.How much did pay?

Obama

Yeah, I am actually, because an athlete isn't taking any entrepreneurial risk.

Im pretty sure Broke Wave ran you away from this thread but,

What type entrepreneurial risk are you taking by investing in diversified portfoilios in the stock market and you keep 85% of the gains?

What is entrepreneurial about investing?

14.1 percent is not little.

are doing with statement?

Apparently the current government sees no problem with this either. So who are you mad at about this?

Disregarding his stance on anything else, how is he wrong here? How does this prove anything wrong/contradictory about him? Cutting regular income tax rates from upper class and increasing regular lower income class tax rates is wrong to me, but what does that have to do with this?


I think dudes just really want to be mad at Republicans.

First off I responded to an earlier post of yours and you ignored it.

And the bolded proves your dumbass is just arguing to be arguing.

Obama wanted the bush tax cuts to expire during the debt ceiling negotiation and he was shot down.

He wanted to get rid of the bush tax cuts to pass the JOBS BILL this year and he was blocked by congress

Welfare= living off my tax dollars for free.

Welfare amounts to absolutely nothing in the grand scheme of your tax dollars being spent.

If the government shut off welfare forever it would not have any effect on your tax base or the Government's budget

Investments = getting taxed less bc i invested wisely. U cant be serious

You couldnt be anymore ignorant on the subject.

You dont get taxed less because you invest wisely. You get tax less because you have so much fukking money that you dont have to work a real job and make a regular income.

A regular person that invest wisely would get their income tax at their normal income tax rate and their capital gains taxed at 15%.

Which would be more than Mitt Romney. Its so amazing that you Repubs see yourselves through the eyes of rich.

In fact, The person on welfare has done more work than the person living off of passive income.

 

[R.E.N. Spells Ren]

I love to argue, and you know this, and I'm dense, but you're the one who started with me?

Let's look at your first post to me:


If you knew what you were talking about, you'd see that Romney wants to keep taxes on capital gains (like 90% of his income, what you all are mad about) the same, not decrease the tax rate:

Capital Gains Fault Line as Obama-Romney Tax Plans Differ - Bloomberg

Investment tax rates and wage tax rates are two different issues. Do you get this? We agree on one thing, but you clearly don't see its distinction from the other half of what you are discussing.

Tell me I'm dense/like to argue/other ad hominems/etc. and avoid the facts with your next post again, please.

First of all, shame on me for continuing to indulge you, I should know better.

Secondly, from the article YOU cited:

Romney proposes keeping the current 15 percent capital gains rate for the estimated 2 percent of households making more than $200,000 a year and eliminating investment taxes for everyone else. Obama wants the rate to rise to 23.8 percent as scheduled in 2013.

This is why I say you're dense and just want to argue to argue.

You invented this notion that I was focused on income tax rates despite the fact that this thread is about his effective tax rate. I never once singled out income tax.

Their stances are starkly different on this issue, and that's why Romney's effective tax rate is newsworthy.

nikka if that was me I wouldnt wanna pay more than i have to either. Yall nikkas somethin else. He made 14 donated 4 and got taxed 2. Ya want that nikka to donate half his investments every year.

You're reading comprehension is incredibly poor. No one is suggesting that he should pay more than he has to. Nobody would be foolish enough to suggest folks should just donate extra money to the government out of the goodness of their hearts. That's asinine

The president of the United States greatly influences what one has to pay....his views on what he should have to pay are what's maddening.

 

[Ain't That Something]

Fun fact ya bum nikkas might not know. nikkas make up bout 14% of the population and cacs make up bout 40%. 38% of people on the welfare system are cacs so do the math. More cacs are on welfare than nikkas. So no I want nikkas to stop being dependent on welfare and cacs to stop eating off my taxes!