I love how Romney gave 30% of his income as charitable donations, yet he's a greedy, stingy rich guy trying to screw over the lower and middle class. Anybody on this board that donated 30% of their income last year, please raise your hand.
Nobody on this board gave 30% of their income to charity, and no one on this board gave one penny more in taxes than the minimum they were required to give. Nothing wrong with that, IMO, but to whine about others not being taxed enough comes across as hypocritical to me.
For starters, you don't know that. Secondly, if any of us were worth over 150 million, it wouldn't be hard to give away a lot charity.
Hell, if I won the lottery (say, 50 million after taxes/uncle sam) I'd work for fucking free at a place where you have disadvantaged kids or special needs adults, etc. Doesn't make me a better candidate for President though. (see what I did there?)
So now, because Romney's loaded, he should give more? What about President Obama? John Kerry? Any of the Kennedys? President Clinton?
I dont think anyone has made that argument. I think they should all pay what the rest of the nation pays. In fact the whole IRS system should be overhauled and changed to a sales tax instead of a income tax, but until then it should be fair across the board. Capital gains is a joke and all the loop holes are rigged. I dont blame Romney one bit for taking advantage of every loop hole available to him though, its the American way and I would do the same.
This is the most ridiculous line of reasoning and the left constantly spews it over and over. Who the hell are you to decide how much somebody else can have before they should feel comfortable giving 30% away? You make plenty of money. You should be willing to give 30% of your income to charity.
Well, hell. Since you just magically decided that $1M is the correct number, we can all agree with that. Everybody should give away anything they make over $1M. Anybody that doesn't is a greedy asshole even though westnob gave 0.01% to charity last year.
Do you know what the Mormon church does with the donations they receive? Here's just a few informational sites for you: http://www.mormonnewsroom.org/topic/humanitarian-services http://ldscharities.org/?lang=eng http://www.ldsphilanthropies.org/humanitarian-services/#.UFzRio1lQlQ http://mormon.org/humanitarian-aid And everyone's favorite informational site: http://en.wikipedia.org/wiki/LDS_Humanitarian_Services
I appreciate that you at least don't judge someone for using the laws in place. I'm curious how you think capital gains should be handled? The funds to make the initial investment have already been taxed either as income or corporate taxes. Should they be taxed once over again because people chose to invest their money instead stuffing it under the mattress? Investing is what makes an economy run. Is 30% a good capital gains tax? 50%? What is the appropriate amount of tax on investing?
I am not a CPA so so any number I state will be off the cuff and torn apart in this thread, with the spirit of my message being ignored. Personally I don't feel that anybody should be taxed on any money that they earn, rather we should be taxed on money we spend.
I could care less about 2011's numbers because all candidates have financial advisors who in addition to providing tax advice, also give advice to bet set up your finances from a political standpoint. Statements from 2010 and before would provide meaningful information, but the Romney camp knows that which is why they won't.
