BREAKING!! Romney to Release Tax Return From 2011

[Nickdfresh]

CNN is saying the Romney Campaign will release tax records indicating a massive 14.1% tax rate on investment income of $13.7 million...

[Hardrock69]

Really? I have been watching it for the past hour and a half and they have not said anything at all about this....

[jhale667]

Yep...scumbag only paid 14.1% (y'know, on the income he's NOT hiding).

So it's official...Shitt Wrongney: Tax-avoiding douchebag!

[Dr. Love]

This whole tax thing ... I don't know what to think. If I had that much money, I'd probably do everything I could to pay as little too. Hell, I do as much as I can to legally avoid the full tax burden as I can already.

I've been doing contract work on the side for the last year to achieve some financial goals, but my tax rate has jumped up high enough that the income barely justifies the work. I get taxed at a higher rate now on both jobs because my aggregate income is so high.

I feel like I'm being punished for working hard to get ahead in life while I see a lot of other people work a lot less and pay a disproportionately lower fraction of their income.

I just can't understand why we have a system that punishes the hard working and successful unfairly. I would be fine if we all paid a flat percentage ... But the way it is now ...

I put myself through school, paid off my loans 20 years early, paid all my debts, and am trying to forge ahead through sheer force of will and determination by working extra. And I have a buddy that lives in section 8 housing with 4 other people who pool their social security checks and food stamps. And for whatever reason, he's the one telling me that it isn't worth the extra work to he debt free when he can just get what he wants and not pay for it.

This whole system is screwed up. The people that work the hardest, no matter their income level, seem to pay the most ...

[DLR Bridge]

I hear ya Doc. Every friend I have who works a union job that offers OT tells me that they have to find the sweet spot of how many additional hours to take on before the bracket jumps and the extra time yields less gain. Taxes truly suck it.

[jhale667]

And I have a buddy that lives in section 8 housing with 4 other people who pool their social security checks and food stamps. And for whatever reason, he's the one telling me that it isn't worth the extra work to he debt free when he can just get what he wants and not pay for it.

Your buddy kinda sounds like an idiot... who's gaming the system... just sayin'.

[MUSICMANN]

http://www.foxnews.com/politics/2012/09/21/campaign-says-romney-paid-average-effective-tax-rate-20-percent-over-2-decades/

The man has done nothing wrong and you liberal left wing-nuts have been fighting a losing battle. Romney has followed the tax code and has paid more than his fair share, and also has been very generous to charities as well. I love how the Obama campaign has made this into an issue to disguise his socialist beliefs to pit Americans against each other. People who work hard and make alot of money are not the enemy of the state. For fucks sake that's what this country was built on. Having a dream and an entrepreneur hard working spirit. It's those who believe that somehow rich people owe not only the government more but wants a free handout without lifting a single finger towards a hard days work is the problem. It's kinda funny how so many people in this country look down on Romney and him being rich, yet you have athletes who make way more than he does in a single year and nobody say's one thing about it. Kinda funny you have all these little kids who want to be like Mike and RGIII and their parents push them to be, yet they have a disdain for Romney because he's a hard working American with a outstanding business background who happens to not be black. The irony in this whole election is fucking unbelievable. Why doesn't the Dumbass president just address the country and tell the people who believe that they are owed something to just go out and kick in the neighbors door and take that new 50 inch TV that was just bought. Go out and take that car they like that someone down the road has. Just take it because they are owed it and since those people who believe in hard work can buy what they want and doesn't believe in big government and handouts are the enemy, why wait for the higher taxes to be passed to the IRS, just go and get what they think they deserve. This is pretty much what Obama wants this country to become. A bunch of government dependent leeches that don't aspire to better themselves but to want what their neighbor has without wanting to work for it.

Let me add. This is how i know Obama is not a true Catholic and is more Muslim. He must have never read the 10 commandments that clearly states to not covet thy neighbors goods. If you think that you deserve something that someone else has and want it without working for it, you are a very sad human being.

[jhale667]

...you liberal left wing-nuts have been fighting a losing battle.

No, that'd be your fucktard of a candidate.

[DLR Bridge]

I love when people spew out shit like 'the libs want a piece of the rich folks action'. That's such bullshit. The problem that should piss everyone off is the rich paying less in taxes than the poor or middle class. I don't want their fucking money. I earn my keep. What little of it it I get to keep.

[jhale667]

I love when people spew out shit like 'the libs want a piece of the rich folks action'. That's such bullshit. The problem that should piss everyone off is the rich paying less in taxes than the poor or middle class. I don't want their fucking money. I earn my keep. What little of it it I get to keep.

No shit... gotta love brainless idiots spewing (already debunked)bullshit Repuke talking points... like liberals want "handouts", that Obama's a "socialist" - or that born with a silver spoon up his ass Wrongney ever "worked hard".

[DLR Bridge]

It's fucking ponderous.

[jhale667]

Especially in light of the fact that Romney's own advisors past and present are like "WTF?"

Former Mitt strategist on Romneyland tax dump: 'Is this an April Fool's joke?'


Alex Castellanos, who worked for Mitt Romney in 2008 and continues to be a Republican political consultant, tells Politico's Maggie Haberman that he is not impressed with the optics of Romney's tax dump move:


"At first I thought this was an April Fool's Joke," said Castellanos, who tweeted something to that effect at me earlier. "But it isn't April. I can't imagine that David Axelrod will now say, I'm glad Mitt put this issue behind him. This will drag Mitt's taxes back into the debate. And there's not many days left. I just can't imagine why they would do this. There are 40 days left and you have now made more of them about Mitt's taxes....you don't serve a life sentence and then confess afterward. They've taken their beating on this (already) ... I just don't understand how a (being) 'little pregnant' strategy (works)."

According to Haberman, Castellanos isn't alone. She says other Republican operatives are telling her this partial dump of Romney's past tax returns will only encourage more questions about his past returns.
One good question, raised by Greg Sargent, is this: what was Mitt Romney's actual effective tax rate during the past 20 years? As he points out, Romney merely released the average tax rate during that time. That means years in which he had lower income count the same as years in which he had a higher income, and given that his tax rate seems to go down as his income goes up, the 20 percent figure he's releasing is probably a bit misleading.

.

[Dr. Love]

I looked today at our payroll system to see how much I'd paid in taxes over the last 4 years I've been with the company. Out of the last 4 years I've been here, 1 whole years pay went to pay taxes. that's ridiculous.

I get upset that anyone has to pay more or less than me (though most pay less than me percentage-wise). It's not fair - equality would dictate we all pay the sake percentage.

What really upsets me is how much we pay in taxes for such stupid shit. I don't want to pay for pointless wars. I don't want to pay to have bases all over the world. I don't want to pay for such an expensive election cycle. I don't want to pay a corrupt prison system. Neither Obama or Romney will change any of that.

[binnie]

This whole tax thing ... I don't know what to think. If I had that much money, I'd probably do everything I could to pay as little too. Hell, I do as much as I can to legally avoid the full tax burden as I can already.

I've been doing contract work on the side for the last year to achieve some financial goals, but my tax rate has jumped up high enough that the income barely justifies the work. I get taxed at a higher rate now on both jobs because my aggregate income is so high.

I feel like I'm being punished for working hard to get ahead in life while I see a lot of other people work a lot less and pay a disproportionately lower fraction of their income.

I just can't understand why we have a system that punishes the hard working and successful unfairly. I would be fine if we all paid a flat percentage ... But the way it is now ...

I put myself through school, paid off my loans 20 years early, paid all my debts, and am trying to forge ahead through sheer force of will and determination by working extra. And I have a buddy that lives in section 8 housing with 4 other people who pool their social security checks and food stamps. And for whatever reason, he's the one telling me that it isn't worth the extra work to he debt free when he can just get what he wants and not pay for it.

This whole system is screwed up. The people that work the hardest, no matter their income level, seem to pay the most ...

Of course those who work harder pay more - personally, it doesn't bother me all that much. I have no problem with paying more to help those who are less able/less capable, or lower earners than me. What I do have a problem with is people with vast, vast sums of money hiring accountants to avoid paying their share (why on earth should someone with more end up paying a smaller percentage than me?)

[Dr. Love]

Of course those who work harder pay more

No, those that earn more (are supposed to) pay more. There are plenty of people that work very hard for a pittance and don't pay much, just as there are plenty of people that don't work very hard that pay a lot. I simply question a system that creates situations where it is not worth while to work harder because the return on that work is not worth the effort.