Well done Mitt, you took it to him last night...

bionicarm

bionicarm

Active Member
Quote:
Originally Posted by reefraff http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498346
And the downside would be?
And that pretty sums up the logic and thinking of the Republican Party. Screw the poor guy, pander to the rich in hopes they may actually use the millions you hand to them in tax cuts to create new jobs and improve the economy. I'd bet that instead, they just buy another home in the Hamptons, take another trip to Europe, and stash the rest in offshore accounts like a certain Presidential candidate. If they gave odds in Vegas, they'd probably be 2 - 3...
 
reefraff

reefraff

Active Member
Quote:
Originally Posted by bionicarm http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498367
And that pretty sums up the logic and thinking of the Republican Party. Screw the poor guy, pander to the rich in hopes they may actually use the millions you hand to them in tax cuts to create new jobs and improve the economy. I'd bet that instead, they just buy another home in the Hamptons, take another trip to Europe, and stash the rest in offshore accounts like a certain Presidential candidate. If they gave odds in Vegas, they'd probably be 2 - 3...
LOL! And the intellectual brain trust of the Democrat party doesn't think Romney knows the difference between running a business and running a country. And like Romney pointed out 0bama and every other Democrat hypocrite in the federal government with a pension is invested in the same Chinese and Cayman accounts Romney's blind trust does. And why would Romney need to pander to the rich? He's set for life, has his kids and grand kids set for life. On the other hand we have 0bama who's becoming wealthy while in office. Got to wonder how many board of director slots are waiting for he and the wife from all those campaign bundlers he's been funneling federal funds to.
 
bionicarm

bionicarm

Active Member
Quote:
Originally Posted by reefraff http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498378
LOL! And the intellectual brain trust of the Democrat party doesn't think Romney knows the difference between running a business and running a country. And like Romney pointed out 0bama and every other Democrat hypocrite in the federal government with a pension is invested in the same Chinese and Cayman accounts Romney's blind trust does. And why would Romney need to pander to the rich? He's set for life, has his kids and grand kids set for life. On the other hand we have 0bama who's becoming wealthy while in office. Got to wonder how many board of director slots are waiting for he and the wife from all those campaign bundlers he's been funneling federal funds to.
But that's Mitt's platform. Giving massive tax cuts to his rich cronies on the premise they MAY use that money to infuse the economy and create more jobs. They've had these tax cuts since 2002, and our unemployment rate has done nothing but go up ever since.
Obama will be no different than any other elected official, or candidate for that matter. Look at Sarah Palin. As washed-up Alaska governor gets thrown into the spotlight by being picked to be a VP running mate, and now she gets $100K per speaking engagement, some stupid reality show, and who knows what else to become another millionaire.
 
reefraff

reefraff

Active Member
Quote:
Originally Posted by bionicarm http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498384
But that's Mitt's platform. Giving massive tax cuts to his rich cronies on the premise they MAY use that money to infuse the economy and create more jobs. They've had these tax cuts since 2002, and our unemployment rate has done nothing but go up ever since.
Obama will be no different than any other elected official, or candidate for that matter. Look at Sarah Palin. As washed-up Alaska governor gets thrown into the spotlight by being picked to be a VP running mate, and now she gets $100K per speaking engagement, some stupid reality show, and who knows what else to become another millionaire.
Romney just wants to keep the "rich" paying their current share. You think he has a chance of getting 60 votes in the senate for a change that will cut their taxes?
Someone needs to do an investigation on the people who become multi millionaires while serving in congress. Harry Reid did it, Duke Cunningham did it and we saw how but there are dozens of others. We had a 20 year congressman in Montana who was a high school history teacher. After he left he was appointed to something like 15 boards of directors. Insane.
 
acrylic51

acrylic51

Active Member
Quote:
Originally Posted by reefraff http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498390
Romney just wants to keep the "rich" paying their current share. You think he has a chance of getting 60 votes in the senate for a change that will cut their taxes?
Someone needs to do an investigation on the people who become multi millionaires while serving in congress. Harry Reid did it, Duke Cunningham did it and we saw how but there are dozens of others. We had a 20 year congressman in Montana who was a high school history teacher. After he left he was appointed to something like 15 boards of directors. Insane.
These "rich" aren't paying their fair share.....They get all the tax breaks, and there so called creating jobs....a crock.....
 
reefraff

reefraff

Active Member
Quote:
Originally Posted by acrylic51 http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498455
These "rich" aren't paying their fair share.....They get all the tax breaks, and there so called creating jobs....a crock.....
The effective tax rate for the rich is over 24% on average. For every Buffet or Romney who only have investment income there are thousands who draw income. The top 1% earn about 19 percent of the income and pay nearly 40 percent of income tax. Exactly what is their fair share?
 
acrylic51

acrylic51

Active Member
Or maybe my question should have been where are all these jobs these so called create......They don't invest or create crap IMO.
 
acrylic51

acrylic51

Active Member
Reef, my opinion is figures lie and liars figure.....You can put them all in the same boat and sink it......Their all a bunch of crooks.
 
reefraff

reefraff

Active Member
Quote:
Originally Posted by acrylic51 http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498471
Reef, my opinion is figures lie and liars figure.....You can put them all in the same boat and sink it......Their all a bunch of crooks.
That is a figure from the IRS. I like Romney's capital gains tax idea with one caveat. He wants to make interest, dividends and Capital gains tax free for people making under 200 grand a year. Great idea. However while i agree that keeping taxes on investment income low to encourage investment (and the rich invest plenty) I would favor a formula where if you make a majority of your income on investments it is taxed as regular income above a certain level. Investment is important so you really need to do something that singles out the few people like Buffet and Romney who get a big break because all their income is investments.
 
reefraff

reefraff

Active Member
Quote:
Originally Posted by acrylic51 http:///t/393144/well-done-mitt-you-took-it-to-him-last-night/200#post_3498470
Or maybe my question should have been where are all these jobs these so called create......They don't invest or create crap IMO.
If raising taxes on the so called rich would make a difference I'd be all for it. Fact is it wont. I favor this. If we can't get a real live tax reform passed we raise all taxes by the same percentage and at the same time decrease the refundable tax credits by that same percentage. Not only is it fair, it will raise more revenue and everyone puts some skin in the game.
 
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