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Romney only pays at a 15% tax rate...wtf


Iceberg Slim

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I wish we had a flat tax. The Dems will never let it happen. A flat tax is fair by its very definition. Everybody pays the same damn percentage. You make 100 grand, you pay 17 grand. You make 100 mill, you pay 17 mill. But the libs want to solve the world's problems with your money.

You couldn't fund the country that way. 50 percent of the country pays 0 net income taxes at the end of the day.

Cut the federal government by 40 percent, and do away with all income taxes is the way to go. Tax what you spend, not what you make, and saving will become the norm instead of the exception.

How many households have 6 months living expenses saved out there?

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For those that didn't sleep with the bosses daughter then move into his McMansion it's easier said then done.

You should write a book. If it has pictures in it I'll read it

It's who you know

I guess I don't have a problem with him paying 15% taxes in investment income because I understand how the law works and why it was created. I'm not naive enough to believe all income is the same and should be taxed that way. The tax law is very confusing but this is one area where it isn't.

The people bitching just don't know how to manage their money to get the things they need to have write offs and/or save enough to invest to have investment income.

Look in the mirror

Make yourself more valuable to companies

Save money

Spend smarter

Profit

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It's who you know

I guess I don't have a problem with him paying 15% taxes in investment income because I understand how the law works and why it was created. I'm not naive enough to believe all income is the same and should be taxed that way. The tax law is very confusing but this is one area where it isn't.

The people bitching just don't know how to manage their money to get the things they need to have write offs and/or save enough to invest to have investment income.

Look in the mirror

Make yourself more valuable to companies

Save money

Spend smarter

Profit

I dont have a problem with the 15% either. In fact it should be less imho. There's a bell curve that exist though and it needs be more of a sliding scale. My tax % should be lower than someone making $250k but it's not.

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you're proving my point

I haven't read any of your posts so I don't know what your point is.

I dont have a problem with the 15% either. In fact it should be less imho. There's a bell curve that exist though and it needs be more of a sliding scale. My tax % should be lower than someone making $250k but it's not.

What does that 250k consist of? Are they doing things to lower your tax burden while you aren't?

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Okay let me counter your question

Why shouldn't every one in America pay a flat tax for what they earn, regardless of the vehicle its realized by?

including corporations.......

Dems don't want a flat tax....then the 50% of people who pay NO federal income tax would actually have to pay.

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