Paid them at the same rate I did, and the same rate as us other "middle class" folk paid them, or even the "poor folk" who have money invested in various markets. Obama is desperate. I just saw a menacing and incomplete new ad from Obama while watching the Olympics about Romney's "15%" tax rate in 2010. His income came from investments made with already-taxed money. I mean, I could make the argument that the entire idea of a capital gains tax is double-taxation more easily than I could the Romney is somehow a tax cheat.
Release the tax forms and if there's nothing fishy, we won't be having this discussion. It's that simple. But when it's a birth certificate, it's a no-brainer, right?
Release the college records. Release the SS number. Release the Passport visits. The "release" game is lame. The only reason we know Romney paid capital gains taxes, like everybody else with investments, is because he released his tax returns. I suppose you also support Harry Reid's pathetic "Romney hasn't paid taxes in 10 years" nonsense that he said on the Senate floor last week. Stupid people will hear that and believe it, and besides some evidence here at times that may show otherwise, I actually don't think you're stupid.
Well, you're the one calling me a racist, repeatedly. Nice signature, by the way. Suicide is hilarious!
To summarize, Romney paid the tax rate that he was supposed to pay on income that was taxed once as income, and now twice in capital gains. This fact is now a misleading national ad the Obama is running. Romney should actually run an ad illustrating how this is double taxation on the middle class. We're already taxed, and yet if we invest, we're taxed on earnings for investing wisely.
Even when double-taxed, Romney paid less than the 15% that ordinary paupers pay. Until the rates for the wealthy return to the norm that kept this country solvent before the Bush tax cuts, the rich should be quintuple-taxed.
Only because he had charitable deductions. Like most of us who don't rely on the government have as well. He still was paying the same capital gains rate before he decided to donate a large part of that income to various charities.
By all means, if the super rich should pay more in capital gains, and have no charitable deductions, then make that case for the Dems. I'd actually respect that from Obama.
Were these like Newt Gingrich's charities, which sell CDs of his partisan speeches, and donate the proceeds to him and his well-haired wife?
I fail to see how that fact is in any way germane to Mitt Romney's tax records being released. You, being sensitive about anything? That's rich (pun slightly intended).
If I were him, I'd hold out until the last few days of the campaign and then release the tax returns. Obama's whole campaign is about the tax returns or anything else that deflects analysis of his own record. If Romney were to release his returns now, there'd be an army of accountants from the Obama campaign scouring through them looking for anything they can use as a smoke screen or distraction. That said, I don't think that PapaG is right about already taxed money. If he made $100 and invested it in something that he sold for $1M, he initially paid 50% on the $100 and 15% on the rest (at the time of sale). The gain is NOT already taxed money. There are circumstances where he might pay no capital gains at all. If he has a holding company, much like Berkshire Hathaway, he can trade stocks all he wants and as long as he pockets no actual cash (reinvests in other stocks), he doesn't have to pay the gains. Obama ads might make hay of it, but I don't have an issue with it. I think if anyone wants to get their panties in a bunch, they should look at GE who pays no corporate tax and whose chairman is a key Obama advisor and who appears to be making business decisions designed to make Obama's policy choices (e.g. buying Chevy Volts for the GE fleet) look good.
Sort of a moot point when he parks the vast bulk of his ridiculous fortune in foreign countries to avoid paying ANY taxes on them. There's the letter of the law. And then there's the spirit of the law, loyalty to country, common sense of what's fair, gratitude to those who toiled to make you rich... Romney probably follows the letter of law.
It's clear by now there's evidence of criminal behavior or some equally damning revelation contained in them or he'd save his failing campaign by releasing them right now. He can't win without them and he can't win with them. He's done.
