You must have added to your post after I responded. I can see why you think I'm slamming Romney on this issue. I'm really not (in this thread) I...
Not yet papag, right now I am of the opinion that 15% is too low for long term CG and that neither Romney nor Obama paid their fair share of taxes....
I suspect Romney had to work hard for his $250M where as some are just born with the silver spoon or marry into it. But until I am one of them, I...
Maybe since I don't know what defines a fiscal conservative. But give me $250M and stamp fiscal conservative on my forehead because I am all for a...
That some people who live on investment income don't spend all their time analyzing their investments.
We weren't really talking economic implications, the discussion, as I understood it, was do rich people spend all their time analyzing their...
No wonder Oregon isn't a swing state.
OK. As you jump in this the idea being thrown around is do people making money on investments work as hard as say blue collar worker. I think...
The only point I was making is that I doubt all rich people spend tons of time on their investments. Many just turn their money over to experts
I wasn't talking about Romney. Again you make the generalization that people with money do all their own work in managing and investing their money....
My guess, without studying the tax code, you create an investment company and hire employees. You put in all under a business and write off your...
Well if there is no reason to decide for someone else he value of their money to them, how can you say a million is a lot to them????? I can say...
Tell us Denny how people with money do it? Because the ones I know, pay people to do all that for them . . . and then write off those costs.
The percentage game isn't a joke, the numbers game is a joke. Look, look, look Romney paid 1.9M in taxes, what more do you want? How about he pays...
I guess . . . to me it's all relative. Paying 100K in taxes to someone who made 400K could mean a lot more than paying 1.9 million to a person who...
The Romneys paid $1,935,708 in taxes on $13,696,951 of mostly investment income for an effective tax rate of 14.1 percent. The Obamas paid an...
Well there is income in the total amount he made this year vs adjusted income after he takes deductions and the like. I get he didn't take the...
Wow. So he made a flat 14M and didn't have any losses or deductions. I take it back about the percentage he donated. Or is that net income I'm...
So Romney's gross income was 14M?
Thanks, that helps me understand one reason for the low tax rate . . . generate more buying and selling and thus more money going to gov't. Still...
Separate names with a comma.
