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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMitt Romney Would Pay 0.82 Percent in Taxes Under Paul Ryan's Plan
Every heard the term "class warfare"? They say we have to raise taxes on the middle class and gut Medicare and SS to pay for Romney's 1% tax rate.
Disgusting.
"Romney would have paid an effective tax rate of around 0.82 percent under the Ryan plan, rather than the 13.9 percent he actually did. How would someone with more than $21 million in taxable income pay so little? Well, the vast majority of Romney's income came from capital gains, interest, and dividends. And Ryan wants to eliminate all taxes on capital gains, interest and dividends."
http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/
aquart
(69,014 posts)As opposed to the shortsighted dimtwit he really is.
Curmudgeoness
(18,219 posts)Extreme times lead to extreme solutions. If it was good enough for WWII, it is good enough for "the worst economic times we have faced" as they call this.
Mitt's own plan would only eliminate capital gains taxes on people with AGI under $200,000.
I think Mitt feels, for some reason, that he has a good enough image with independents, so he is using Ryan to charge the right base in order to get better voter turnout.
pa28
(6,145 posts)However, if Republicans win big the Ryan plan is going to hit his desk. As some witty person suggested today he's just going to be an autopen for all the extremist legislation Congress will send.
fainaent
(51 posts)I would only hope that he go back to being more moderate, instead of a puppet. Wasn't his record as governor pretty centrist?
pa28
(6,145 posts)Unfortunately the deal seems to be as follows: Mitt gets to be president but he's just the guy who rubber stamps whatever bill Exxon, Goldman, the US chamber of commerce or the Koch brothers have their lobbyists write.
Here's Grover Norquist:
We are not auditioning for fearless leader, Grover Norquist told conservatives at the CPAC convention in February. We dont need a president to tell us in what direction to go. We know what direction to go. We want the Ryan budget.
We just need a president to sign this stuff. We dont need someone to think it up or design it. The leadership now for the modern conservative movement for the next 20 years will be coming out of the House and the Senate.
Scuba
(53,475 posts)Hoyt
(54,770 posts)He had to to ask permission from the LDS to characterize himself as a protector of women's rights. He just wants to be president and he'll say whatever it takes to make it happen.
What a pander bear. Values count and Romney seems to have few outside of his own interest.