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This claim is fanciful in several ways. First, if Romney promised to pay at least 13 percent in taxes, why did he take only enough deductions to bring his rate down to 14.1 percent, when he was eligible for much more?
By his own standard, then, he is not qualified to become president. But as much as it reveals the absurdities of Mitt Romney, his voluntary overpayment underscores the absurdities of the current tax system. Romney owes so little because of the tax code’s favoritism toward the rich. Whereas the top rate on salary, wages, and tips is 35 percent, the top rate on interest, dividends, and long-term capital gains is only 15 percent. This is economically inefficient, because it encourages businesses and individuals to structure their affairs to take advantage of the differential. It is also instinctively unfair, because it privileges a hedge-fund manager’s carried interest over a factory worker’s wages.
"The information released today reveals that Mitt Romney manipulated one of the only two years of tax returns he's seen fit to show the American people — and then only to 'conform' with his public statements," the Nevada Democrat said in a statement. “That raises the question: what else in those returns has Romney manipulated?”
He then asked when will "the American people see the returns he filed before he was running for president?"
Originally posted by RealSpoke
Romney Not Qualified To Be President
President Barack Obama said in February 2009 that his presidency would be "one-term proposition" if the economy did not recover in three years, giving him less than six months from today.
Originally posted by RealSpoke
“That raises the question: what else in those returns has Romney manipulated?”
After the 2011 return was released, the Romney campaign circulated a news report commenting that "it appears that Harry Reid’s infamous source alleging that Romney paid nothing in taxes for 10 years was wrong.”
Originally posted by RealSpoke
reply to post by LeSigh
He's far more qualified to be president than Romney. The only thing Romney's done in his life is run a parasitic vulture capitalist corporation and governor.
edit on 22-9-2012 by RealSpoke because: (no reason given)
Originally posted by Benevolent Heretic
I was just thinking today how last election's "race card" is this election's "wealth card". Whenever I say something about Romney's penchant for hiding his money and cheating the country out of the full amount of taxes, I get, "You hate him because he's RICH"!
Originally posted by RealSpoke
He's far more qualified to be president than Romney. The only thing Romney's done in his life is run a parasitic vulture capitalist corporation and governor.
And Obama was what?
How about being the CEO of the Winter Olympics taking it from 350 million in the red to 100 million in the black
Romney's own telling of the story, is how that hope for the 2002 Olympics was also restored through $342 million in direct federal funding and an additional $1.1 billion in indirect financing from Washington.