Videos: Romney on the attack after Obama’s “You didn’t build that” remark

posted at 8:01 pm on July 17, 2012 by Ed Morrissey

Mitt Romney delivered an impressive rebuttal to Barack Obama’s ill-considered remarks in a Roanoke, Virginia speech on small business owners this past Sunday.  In a dramatic change of subject, Romney blasted Obama for suggesting that Steve Jobs didn’t build Apple, Bill Gates didn’t build Microsoft, and (with a chuckle) that Papa John didn’t build his pizzeria powerhouse.  Calling Obama’s remarks “both startling and revealing,” Romney’s rhetoric peaked when he argued that the American economy hasn’t seen success because Obama has spent the last three yearsattacking success.  This is the meat of Romney’s remarks:

The idea to say that Steve Jobs didn’t build Apple, that Henry Ford didn’t build Ford Motor, that Papa John didn’t build Papa John Pizza, that Ray Kroc didn’t build McDonald’s, that Bill Gates didn’t build Microsoft, you go on the list, that Joe and his colleagues didn’t build this enterprise, to say something like that is not just foolishness, it is insulting to every entrepreneur, every innovator in America and it’s wrong. [Applause]

And by the way, the President’s logic doesn’t just extend to the entrepreneurs that start a barber shop or a taxi operation or an oil field service business like this and a gas service business like this, it also extends to everybody in America that wants to lift themself up a little further, that goes back to school to get a degree and see if they can get a little better job, to somebody who wants to get some new skills and get a little higher income, to somebody who have, may have dropped out that decides to get back in school and go for it. People who reach to try and lift themself up. The President would say, well you didn’t do that. You couldn’t have gotten to school without the roads that government built for you. You couldn’t have gone to school without teachers. So you didn’t, you are not responsible for that success. President Obama attacks success and therefore under President Obama we have less success and I will change that. [Applause]

I’ve got to be honest, I don’t think anyone could have said what he said who had actually started a business or been in a business. And my own view is that what the President said was both startling and revealing. I find it extraordinary that a philosophy of that nature would be spoken by a President of the United States.  It goes to something that I have spoken about from the beginning of the campaign.  That this election is, to a great degree, about the soul ofAmerica. Do we believe in an America that is great because of government or do we believe in an America that is great because of free people allowed to pursue their dreams and build our future?

This is just about pitch perfect. In the midst of all these attacks on Bain Capital and private equity, conservatives have urged Romney to start fighting back with full-throated defenses of capitalism and private property. Obama’s weird statement gave Romney the perfect opening, and Romney did not let it go to waste. He also correctly diagnosed why Obama made that argument and why Obama’s prescription is exactly what we don’t need in the next four years, which he addresses in the part of the speech that immediately follows this excerpt.

Here’s the full speech, courtesy of The Right Scoop, along with the transcript below:

Thank you. Thank you so much. Boy, Pennsylvania knows how to welcome somebody, I’ll tell you that. You guys. You know it is that enthusiasm and that optimism that I am convinced is going to drive America to an economic rebound, is going to create jobs, a brighter future for our kids. I am not someone who is looking to America to decline, I am looking to America to take off and it’s going to happen with new leadership. But we’re going to have to take a very different direction than thiscountry has been on in the last three and half years if we’re going to see the kind of bright future we’d like to see for ourselves, for our friends and neighbors, and for our children. Because the President came into office and recognized things were in trouble and he went on The Today Show after being inaugurated and he said “look if I can’t turn around the economy in three years, I’d be looking at a one-term proposition.” Well, he’s right. Now I think he’s got the message that there are 23 million Americans that are out of work, or that have stopped looking for work, or can only get part time jobs. I think he has heard that about half of thisyears college graduates can’t find work or find work that’s consistent withtheir college degree. I think he’s heard the message that the median income in America has dropped by 10% in the last four years. I think he’s seen the record number of foreclosures and so he has to recognize his policies have failed to get America working again. And my guess is that he wonders why that is and I have the answer for him: liberal policies don’t make good jobs. [Applause]

You look at them one by one. Everybody knows that our healthcare system has all sorts of problems and things that need to be corrected, most important of which, or one of the most important is it’s very expensive, health insurance is extraordinarily expensive. There are a lot of things that need to be done to improve healthcare but Obamacare is not the answer. We’ve got to replace it and get rid of it. [Applause] He has other policies that haven’t helped create jobs. Obamacare, you know, I hope you know the Obamacare, by the way, I hope you know the numbers on that and the impact it’s had on job creation. The Chamber of Commerce went out to their members and surveyed them and said what’s been the impact of Obamacare and three quarters, three quarters said they are less likely to hire people because of Obamacare. You see, his policies did not help create jobs, they depressed job creation andthat’s why we’re still struggling with so many people out of work. And by the way, let me just note, this number, 8.2% unemployment, we have gone 41 months with unemployment above 8%. And why’s that number, why do we keep ontalking about 8%? Because that’s the bogey the President himself set. He said look if we let him borrow $787 billion in his first year, which Congress let him do, that he would hold unemployment below 8%, and it has not been below 8% since. And that’s a number but it represents real people, people facing some real tough times, people out of work, and stopped looking for work, as I said, but also people who are actually working in jobs, a lot of them facing tough times. A lot of people employed wonder whether they’re going to be able to afford retirement. There are a number of folks who, I don’t know whether you read the story over the weekend, there was a story in The New York Times, which described a couple of women that are working in a day care center, one of whom is a single mom. She has three kids. One full-time job, three kids does not make a real comfortable life. She’s had tougher and tougher times. Being middle class in America is getting tougher and tougher and a lot of people in the middle class have fallen into poverty. This President’s economy is not working for the American people, even for those that are employed. [Applause]

So I mentioned Obamacare as something that kills iobs. There’s another one. When you increase the number of regulations at a rate three times that of his predecessor, with a bill likeDodd-Frank that makes it harder for small banks to grow and thrive and makeloans, you don’t add jobs. When you have energy policies that say no to fracking and no to drilling offshore and no to drilling in Alaska, no to taking advantage of our resources here, when you say no to coal, when you put in place regulations that don’t allow coal to be able to be mined or to be used, these things kill jobs and that’s got to stop.

There’s, there’s something else that’s got to stop and I believe you know about this but you know the history of our country is a country where individuals with their dreams go out and begin an enterprise like this one here that Joe and his colleagues built, and they go out and talk to friends and family and say “would you loan us the money to start the business” and people scrape together the cash and build, or buy a building like they bought this one here and get started in business, sometimes successfully, sometimes not, that’s sort of how we have done it in this country. And that’s very different than the way they’ve done it in other countries, where the government comes in, and based on who you know in government, whose a friend in government, you get money from them, you get tax payer dollars. That’s happening in this country today. I am ashamed to say that we’re seeing our President hand out money to the businesses of campaign contributors, when he gave money, $500 million in loans to a company called Fisker that makes high-end electric cars, and they make the cars now in Finland. That is wrong and it’s got to stop. That kind of cronycapitalism does not create jobs and it does not create jobs here. I believe in free people and free markets and I want government to get out ofinvesting in individual businesses. [Applause]

So, so the President’s looking around for someone to blame, and recently, I became the reason for all our problems here. I was as surprised, my family and me, but he’s always looking for someone out there: ATM machines, tsunamis, China, Europe. I mean it’s always something, Congress. We won’t forget, by the way, that Congress was in his party for two years with a super majority. He takes responsibility for what happened while he was President and he had his Congress. But so he’s looking around, he can’tfind someone to blame effectively. He’s out of ideas. He’s got no new ideas for getting the economy going. He’s got no one new to blame. He’s out of touch with what’s happening in the country and that’s why in November we are going to put him out of office. [Applause]

You know, thank you, you know something happened, something happened on Friday. President Obama exposed what he really thinks about free people and the American vision, and government, what he really thinks about America itself. He probably wants to understand why hispolicies failed. If you want to understand why his policies have failed, why what he has done has not created jobs, or rising incomes in America, you can look at what he said. And what he said was this, I quote, and he was speaking about businesses like this one, small businesses, big businesses, mid-sized businesses, mining businesses, manufacturing service businesses of all kinds. He said this: “If you’ve got a business, you didn’t build that, somebody else made that happen.” That somebody else is government in his view. He goes on to describe the people who deserve the credit for building this business. And, of course, he describes people who we care very deeply about, who make a difference in our lives, our schoolteachers, fire fighters, people who build roads. We need those things, we value schoolteachers, fire fighters, people who build roads, you really couldn’t have a business if you didn’t have those things. But, you know, we pay for those things. The taxpayers pay for government. It’s not like government just provides those to all of us and we say oh thank you government for doing those things. In fact we pay for them and we benefit from them and we appreciate the work that they do and the sacrifices that are done by people who work in government. But they did not build this business.

The idea to say that Steve Jobs didn’t build Apple, that Henry Ford didn’t build Ford Motor, that Papa John didn’t build Papa John Pizza, that Ray Kroc didn’t build McDonald’s, that Bill Gates didn’t build Microsoft, you go on the list, that Joe and his colleagues didn’t build this enterprise, to say something like that is not just foolishness, it is insulting to every entrepreneur, every innovator in America and it’s wrong. [Applause] And by the way, the President’s logic doesn’t just extend to the entrepreneurs that start a barber shop or a taxi operation or an oil field service business like this and a gas service business like this, it also extends to everybody in America that wants to lift themself up a little further, that goes back to school to get a degree and see if they can get a little better job, to somebody who wants to get some new skills and get a little higher income, to somebody who have, may have dropped out that decides to get back in school and go for it. People who reach to try and lift themself up. The President would say, well you didn’t do that. You couldn’t have gotten to school without the roads that government built for you. You couldn’t have gone to school without teachers. So you didn’t, you are not responsible for that success. President Obama attacks success and therefore under President Obama we have less success and I will change that. [Applause]I’ve got to be honest, I don’t think anyone could have said what he said who had actually started a business or been in a business. And my own view is that what the President said was both startling and revealing. I find it extraordinary that a philosophy of that nature would be spoken by a President of the United States. It goes to something that I have spoken about from the beginning of the campaign. That this election is, to a great degree, about the soul ofAmerica. Do we believe in an America that is great because of government or do we believe in an America that is great because of free people allowed to pursue their dreams and build our future? [Applause]

You understand, of course, what’s going on. What he is saying is his justification for raising taxes higher and higher, because government needs more. What he is saying is his justification for Obamacare, which says that we need 2,300 pages of legislation to have government more intrusive in your life. What he is saying is his justification for a larger and larger government. This is very different, by the way, than the Democratic Party of Bill Clinton that said that the era of big-government was over, that reformed welfare. You heard that story by the way, he is trying to take work out of welfare requirement. It is changing the nature ofAmerica, changing the nature of what the Democrats have fought for, and Republicans have fought for. In the past, people of both parties understood that encouraging achievement, encouraging success, encouraging people to lift themselves as high as they can, encouraging entrepreneurs, celebrating success instead of attacking it and denigrating, makes America strong. That’s the right course for this country. His course isextraordinarily foreign. [Applause]

Now, Joe, Joe got it right. Where did Joe go? He, there he is right here. Joe got it right. He said somethingabout what would happen if President Obama were reelected. And I don’t think that’s going to happen. But if he were reelected, I want you to know that what you’ve see for the last three and a half years, you’d be seeing for the next four and a half years. And what that means is: chronic high levels of unemployment, it means low wage growth to negative wage growth, declining median incomes in this country, and it means putting America on the door to fiscal calamity. We have seen what Obama’s political philosophy brings, and we don’t want any more of it. [Applause] I have a very different view than the President’s. You see, I happen to believe that the kid who studies hard and works hard and gets an ‘A,’ that he achieved that or she achieved that and I give them credit it for doing so. [Applause] I believed the person who worked hard and did a good job and got a promotion deserves credit for having achieved that. I believe that the young person who came up with a new idea that changed the world on the internet deserves credit for having done that. [Applause] And, by theway, I believe that Joe and people around him and all these businesses I met around the country that have grown and thrived, I believe that they and thepeople who work there, built those enterprises, it is their responsibility,their achievement, and they deserve credit for it. [Applause]

The President justifies taking more of what people earn by saying:“look it’s also our system of government that makes things possible for entrepreneurs and innovators and that’s true, but let’s stop and think about the government and what it tells us in its founding document, the Declaration of Independence. It does not say that the government gave us our rights; it said that God gave us our rights—they come with us, not with government. It said that among our rights given to us by God, by our creator, were life and liberty and the pursuit of happiness. Our capacity to build and lift ourselves and reach for the stars is not thanks to a government that says “fine.” It is instead thanks to a God who loves us and gives us those rights and those opportunities. [Applause]

I’m convinced that President Obama’s efforts to denigrate and diminish success and individual achievement would diminish us all, and that’s one reason why he’s not going to get reelected. I’ll tell you this: I’m convinced he wants Americans to be ashamed of success. I want Americans to welcome it, to celebrate success, to encourage people to reach as high as they can and in some cases to build enterprises. I don’t want government to take credit for what the individuals of America accomplish. Whether they work in government or work in the private sector, it’s the people of America that make America the unique nation, the exceptional nation that it is. [Applause]

I believe that if you have a philosophy and an approach as a nation which celebrates risk-takers and celebrates achievement and says go out there and do whatever you can and welcomes dreamers from all over the world that that will make us more prosperous and create more jobs. We know what his philosophy brings. We’ve seen it the last three and a half years. We’ve seen the numbers. We’ve seen the suffering. His philosophy of big government, government intrusive in our lives, higher taxes keeps us from achieving what we can achieve. I’ve got five steps to get this economy going again, five things I’m going to do. And I want you to know those five things, if we do them—and I’ll do them—if we do them these things are going to cause a resurgence in America’s economy that’s going to surprise the world, is going to convince moms and dads that the future’s brighter for them and the future’s brighter for their kids. And I’ll tell you what those five things are:

Number one: I want to take advantage of our oil and our gas and our coal and our renewables and our nuclear. [Applause] Seems to me you agree with that point.

Let me mention another one, and that is one that this President has really not pursued, and that is trade. You see, we’re a highly productive nation. We make more goods and services per person than any other major nation in the world. And so it helps us to trade with other nations. By the way: China and Europe figured that out. Over the last four years, three and a half years rather, they’ve put together some forty-four different trade agreements with other nations to sell goodsback and forth because they know that helps them. Do you know how many this President has put in place? Zero. If I’m President, I want to open up new trade with places particularly in Latin America, right next door: a lot of people, a growing middle class, huge opportunity for us. That’s my number two is trade.

Number three: when you have a government that consistently borrows massively more than it takes in and you create larger and larger debt, as that debt gets so large relative to the size of the total economy, you slow down economic growth. Slow growth means fewer jobs. And that is why as President of the United States I will get America on track to have a balanced budget. [Applause] So number one energy, number two trade, number three a balanced budget—let me mention another one.

I want to make sure our people have the skills for the jobs of today and tomorrow. And I’m not going to thank government for giving them those skills I’m going to make sure the people have the opportunity to reach for those capabilities. I want people to have good training opportunities in the workplace and in our colleges and universities. I also want people to get the best schools in the world. We’re not providing our kids the education they need. I want more choice in education. I will put our kids first and our unions behind, give the kids the best schools in the world. [Applause]

And my fifth, in addition to skills and education, is this: I want to encourage economic freedom. Our economy is driven by free people pursuing their ideas and their dreams. It is not driven by government. And what the President’s doing is crushing economic freedom. This philosophy of his, least him saying we’re going to take the tax on investment from 15% to 25% so government’s bigger, I want people to be freer. That’s why, in my view, anybody making $250,000 a year and less should pay no taxes on capital gains, interest, or dividends at all. Be able to invest. [Applause] He’s crushing economic freedom, crushing economic freedom with taxes and an overwhelming regulatory burden, with high costs in healthcare, with labor rules that are not favorable to the employee or to the employer but only to the bosses of the unions. Look, we have to restore economic freedom in this country, and when we do those five things—energy, trade, balancing our budget, improving our schools giving people the skills they need, and restoring economic freedom in a major way—we do those things you’re going to see us come roaring back.

I have seen it in the people of America. I have witnessed it as I’ve gone across the campaign trail. I was in San Diego, and I met with a guy named Alex Lukianov, Russian immigrant. Came over here, had some backproblems, looked at how we do surgery and had some ideas about how to come up with something better. He had this idea of instead of operating by going in through the middle of your backbone he goes in through the side and he puts in a little device to fuse the backbone vertebrae—I’m getting complicated here… [Laughter] But the long story short is he starts a business, trains doctors in how to provide this surgery, sells them the device that they put in their back, and, by the way, now he has 1,300 employees working in that business and $900 million in revenues. [Applause] And Mr. President: Mr. Lukianov and the other founders and the workers there built that business. Government did not build that business. [Applause]

I met a guy named Jim Leotold, and Jim didn’t do real well in school: he graduated second from the bottom in his class in high school. And his dad said to him: either go into the military or to college. And college didn’t look like it was the right place for him and he wanted to do something different so he asked his dad if he could get a loan to start a business. He wanted to start a restaurant. He wanted to make hot dogs and hamburgers, I believe, and his dad gave him a loan, but when he got the money he realized: there’s not enough money here to actually start a restaurant that has the cooking grills for hot dogs and hamburgers and the big hoods that vent the smoke and so-forth so all he could do with the money he had was to makesandwiches. So he went into a garage, made sandwiches, and he delivered the sandwiches to people at work. Today, Jim Leotold—or, you know him better as Jimmy John—has 1,200 restaurants and employs tens of thousands of people. [Applause] And you see, I happen to believe that Jim Leotold, JimmyJohn, built that business with the help of people around him, his friends, the people who worked there in that enterprise. I do not give government credit for having built that, I give free people credit for having built that business. [Applause]

And so I see that entrepreneurial spirit and that innovativeness of the American people and our willingness to work hard in whatever role we have and to lift and to improve our lot and to improve the lot of the enterprises we work in—I see that as driving this economy to be the most powerful in the history of the Earth. It has already; it will again. The coursewe’re on right now is foreign to us. It changes America. This is a vote for what kind of America we’re going to have, and for me I vote for freedom and free people. [Applause]

Let me just end with this thought: this is an important choice. This is a defining choice. This is a choice about what America’s going to be. Not just for the next few years but for a century. This is a choice which will determine what kind of future our kids are going to have. And, in fact, it also determines what kind of future the world’s going to have. America plays an unusual role in the world—I think we understand that. Some in some circles tend to brush that aside. But those that have fought in world wars and other conflicts recognize the greatness of America and our unique role in the history of the earth. [Applause]

We call them heroes. I want to express appreciation to heroes proved in liberating strife who more than self their country loved and mercy more than life. Could our veterans please raise their hands and members of the active duty armed services? Thank you. [Applause]

I was in Great Britain some months ago and met with Tony Blair andthen with David Cameron and with other leaders of the government there, and one said this to me: he said, you know Mitt if you’re lucky enough to be elected President of the United States and you travel around from country to country and to their capitals, you will undoubtedly have rehearsed for you all the things they think America is doing wrong. But please don’t ever forget this: the one thing we all fear the most is a weak America. American strength, strength in our values, strength in our homes, strength in our economy, strength in our military is essential to the world it is the best ally for peace. [Applause]

And let me assure you that dividing America and attacking success and minimizing the achievement and accomplishment of entrepreneurs of all kinds—that does not make a stronger America. Believing in America mean believing in those principles upon which this nation was founded. And I do. I will keep those principles aloft. We will fight for them. We will keep America the hope of the earth. Together we will bring back the strength that provides a bright future for us and for our children. Thank you so very much. [Applause]

 

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mitt lies almost as much as obama. almost. thats good enough for some. not for me. no siree.

renalin on July 17, 2012 at 9:23 PM

Did you get your crackers?

You really need a life loser. Idesign has Palin and you have Romney. You two would have nothing to look forward to without them. Sad.

CW on July 17, 2012 at 9:27 PM

Gave McCain 23 years of tax returns.

Gives America 2.

Hard to spin that into a positive.

And in McCain’s little leaked Romney document from January – funny how it goes into detail about Romney at Bain but doesn’t say he left in ’99 – it just keeps listing the things Bain was doing throughout the 2000′s.

Enjoy:
http://www.scribd.com/doc/78582788/McCain-2008-Oppo-File

Dave Rywall on July 17, 2012 at 9:24 PM

Were you concerned that Kerry didn’t release more than necessary?

Why not?

Good Lt on July 17, 2012 at 9:27 PM

Lol. If we see 9% unemployment or if romni for some strange reason starts to lead in the polls, those tax returns will come out. I guarantee you that. Right now Barry got Mutins by the stones.

Uppereastside on July 17, 2012 at 8:40 PM

Get the money back from whoever educated you.

Chuck Schick on July 17, 2012 at 8:45 PM

educated :-)…special needs education, maybe, give how intellectually challenged he is…

jimver on July 17, 2012 at 9:27 PM

…because it involves sucking?

KOOLAID2 on July 17, 2012 at 9:26 PM

Ever tried taking away a Pacifier from a baby?

Upper needs to be weaned.

Electrongod on July 17, 2012 at 9:28 PM

If those alternatives are honest advocates of the middle class, you betcha! If those alternatives aren’t bought and paid for by corrupt big government capitalists, you d$mn right I would.

Uppereastside on July 17, 2012 at 9:26 PM

Hollywood millionaires who skirt taxes at every opportunity are honest advocates for the middle class?

I had no idea.

LOL

Good Lt on July 17, 2012 at 9:29 PM

Get the money back from whoever educated you.

Chuck Schick on July 17, 2012 at 8:45 PM

He thinks he is fooling us and his friends. We just laugh but his
“friends” laugh behind his back.

CW on July 17, 2012 at 9:29 PM

Good, strong speech. I like it.

But one hint, Mitt. You pre-deprecate whatever follows your too-often used phrase “by the way,” as though what follows is just some minor detail.

Banish that phrase and try building to the next point with transitions like “and not only that, but also …” or “and another thing…”

A minor nit in a very good speech. Give ‘im hell, Mitt-y!

ugottabekiddingme on July 17, 2012 at 9:29 PM

Were you concerned that Kerry didn’t release more than necessary?

Why not?

Good Lt on July 17, 2012 at 9:27 PM
——-

Of course Kerry should have release more returns.

Dave Rywall on July 17, 2012 at 9:30 PM

New motto, out with “Yes we can”, in “We will build it”?

Zaggs on July 17, 2012 at 9:30 PM

Just stop hitting “submit”.
ThePrimordialOrderedPair on July 17, 2012 at 9:22 PM

Very funny! I like that one.

Uppereastside on July 17, 2012 at 9:30 PM

Just stop hitting “submit”.

ThePrimordialOrderedPair on July 17, 2012 at 9:22 PM

Submission… is in his nature.

thatsafactjack on July 17, 2012 at 9:30 PM

As long as Mitt follows the law and rules regarding disclosure, I don’t care if he never releases another form. I know he’s rich, and he probably has Swiss and Cayman bank accounts, I don’t care. He could put on a red jacket and a pointy hat, I don’t care. He would still get my vote over Prezzy You Didn’t Do That On Your Own.

Kissmygrits on July 17, 2012 at 9:31 PM

I don’t care about the possible plant parent hood donations or offshore bank accounts. I just want to see if this candidate paid the same rate of taxes I pay.

Uppereastside on July 17, 2012 at 8:46 PM

Oh, this old canard.
You got yourself a big ol’ glass of Odumbo class warfare flavored kool-aid, didn’t you?

I’m pretty sure most of the taxes Romney’s paid recently have been in the form of capital gains and property taxes. (You are aware that Romney does not have a 9-5 at the local convenience store, yes?)

Capital gains taxes are lower (although not if Odumbo is re-elected) in order to encourage investment. There’re a lot of folks who do have regular 9-5 jobs who pay tax on their income and capital gains taxes on any investments that they manage to scrape up.

RedCrow on July 17, 2012 at 9:31 PM

I just want to see if this candidate paid the same rate of taxes I pay.

Uppereastside on July 17, 2012 at 8:46 PM

He pays an approximate 14% effective tax rate, which is still higher than 97% of his fellow Americans.

The release of Mitt Romney’s tax returns, which indicate that he paid an average tax rate of 14 percent after deductions, has once again prompted a great deal of confusion over marginal and average tax rates. For a moment, let’s set aside the issue that most of Mr. Romney’s income is in the form of capital gains and dividends, which are taxed at 15 percent rather than at the highest marginal rate of 35 percent, and look at the difference between marginal and average (or effective) tax rates.

Our income tax system is progressive, meaning we pay higher tax rates as our income gets higher. As the table below shows, there are six tax brackets for different bands of income. The “marginal” rate refers to the tax rate that is applied on that band of income.

Say, for instance, our income is $120,000. This would put us in the 25 percent bracket. If the U.S. had a flat rate tax system (and no deduction), we would pay 25 percent of $120,000 in tax, or $30,000.

……………….Married Filing Jointly…………………
….Marginal………..Tax Brackets………Tax Brackets……

….Tax Rate……………Over………….But Not Over……
……10%……………….$0…………….$17,000………
……15%…………….$17,000…………..$69,000………
……25%…………….$69,000………….$139,350………
……28%……………$139,350………….$212,300………
……33%……………$212,300………….$379,150………
……38%……………$379,150…………….-………….

However, under our marginal tax system we pay 10 percent on the first $17,000, or $1,700. We then pay 15 percent on the next band of income up to $69,000, or $7,800. We then pay 25 percent on the marginal amount over $69,000, for another $12,750 in taxes. When we total the taxes paid on these three bands of income it comes to $22,250, for an average (or effective) tax rate of 18.5 percent.

Of course, in our simplified example we have not taken account of all the exemptions, credits, and deductions that are available to us. These deductions reduce our taxable income. So instead of paying taxes on $120,000, the deductions for our children, mortgage, and charitable contributions could easily reduce our taxable income well below $90,000. At this taxable income we would owe a total of $14,750, for an average rate of about 12 percent.

Millionaires go through the same process, meaning they pay 10 percent on the first band of income, 15 percent on the next band, and so forth. As the chart below shows, based on the most recent IRS data for 2009, the average tax rate (after deductions) paid by all Americans is 11 percent. It is also clear that millionaires pay an average of 25 percent, while virtually every taxpayer earning under $100,000 pays an average rate of no more than 8 percent of their income in taxes. [Click here for more detail on the chart’s data.)

There are roughly 123 million taxpayers who earn under $100,000, or about 88 percent of the 140 million Americans who filed a tax return in 2009. In other words, 88 percent of all taxpayers pay 8 percent or less of their income in income taxes.

Which gets us back to Mitt Romney’s effective tax rate of 14 percent, after deductions. As the chart shows, this rate is still higher than the average rate paid by taxpayers earning up to $200,000.

There are about 136 million taxpayers who have adjusted gross incomes less than $200,000, or 97 percent of all taxpayers. So even with an average tax rate of 14 percent,

Romney paid a higher average rate than 97 percent of his fellow Americans.

How does Romney’s effective tax rate compare with other Americans? The average effective tax rate of American taxpayers is 11% on adjusted gross income, according to an analysis by the non-partisan Tax Foundation. Millionaires pay about about 25% and 88 percent of all taxpayers pay 8 percent or less of their income in income taxes, the foundation says.

http://content.usatoday.com/communities/onpolitics/post/2012/01/mitt-romney-releases-taxes-/1#.T4oTx_nPrxF

Resist We Much on July 17, 2012 at 9:31 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

No, government spending and Democrat politicians causes your taxes to go up.

And since the IRS and SEC never said a single word about Romney – EVER – you’re just making it up.

Anything to avoid talking about Obama’s most notorious rate: 8.2%

Right?

Good Lt on July 17, 2012 at 9:32 PM

mitt lies almost as much as obama. almost. thats good enough for some. not for me. no siree.

renalin on July 17, 2012 at 9:23 PM

Did you get your crackers?

You really need a life loser. Idesign has Palin and you have Romney. You two would have nothing to look forward to without them. Sad.

CW on July 17, 2012 at 9:27 PM

you’re harsh, he needs to get his tingle from somewhere…

jimver on July 17, 2012 at 9:32 PM

Good Lt on July 17, 2012 at 9:29 PM

Show me any proof of a Hollywood liberal running for office that has failed to release his tax returns.

Uppereastside on July 17, 2012 at 9:33 PM

Of course Kerry should have release more returns.

Dave Rywall on July 17, 2012 at 9:30 PM

Why? What the f*@# does it matter?

You leftists are the most absurd bunch of ignoramuses on the planet. The freaking Tasidai in the Philippines make more sense than you retards.

Great speech by Romney BTW. Sending more hard earned dollars his way.

The gay communist usurper Obama will not be in the White House Feb 2013.

tom daschle concerned on July 17, 2012 at 9:33 PM

RedCrow on July 17, 2012 at 9:31 PM

I’m not convinced Uppereastside pays federal taxes…

I haven’t seen his tax returns. He should SUBMIT them for perusal.

thatsafactjack on July 17, 2012 at 9:33 PM

Resist We Much on July 17, 2012 at 9:31 PM

Though I enjoyed reading your post…

Upper is sucking on something and can’t break away….

Electrongod on July 17, 2012 at 9:34 PM

You know, for that matter.. it goes even beyond starting and owning a business. How about the waitress who is working a 40 hour week to put food on the table. I guess she’s not really doing that herself. How about the mechanic or the plumber or the factory worker working one job during the day and doing another at night just to pay the mortgage and put food on the table. I guess they aren’t really doing any of that themselves. They don’t deserve any credit. Obama’s doing it for them. They need to give credit to him or somebody else.
Obama disgusts me. He’s an embarrassment to our nation.

Hey.. you know all those roads and bridges he’s trying to say the government built? Well… how did they get the money to pay for them? I guess they didn’t just build themselves, did they? No.. they needed to take the money from all those other working people to pay for them! Freaking insulting!

JellyToast on July 17, 2012 at 9:34 PM

Were you concerned that Kerry didn’t release more than necessary?

Why not?

Good Lt on July 17, 2012 at 9:27 PM
——-

Of course Kerry should have release more returns.

Dave Rywall on July 17, 2012 at 9:30 PM

But he didn’t, and you didn’t’ care that he didn’t. Neither did the Democrats. Neither did the media.

And therefore, this argument is nothing but a stupid and juvenile diversion from the 8.2% UNEMPLOYMENT RATE THAT OBAMA OWNS and that you are loathe to talk about.

Good Lt on July 17, 2012 at 9:34 PM

CW on July 17, 2012 at 9:27 PM

good evening:) maybe if you get on your hands and knees and beg obama to apologize to mitt, he will agree. you could even throw in a few foot licks. it would be a small price for you to pay.

send me pics though. pretty please.

renalin on July 17, 2012 at 9:34 PM

uppereastside “plant” parenthood? Was he in to botany?

sandee on July 17, 2012 at 9:35 PM

Submission… is in his nature.

thatsafactjack on July 17, 2012 at 9:30 PM

Touche! You’re absolutely correct.

We’re screwed.

ThePrimordialOrderedPair on July 17, 2012 at 9:35 PM

as an entrepreneur that failed twice, i don’t think the President understands risk … and reward (or punishment if you fail)

true entrepreneurs get up and try again and most take a few times to succeed.

phillypolitics on July 17, 2012 at 9:35 PM

Show me any proof of a Hollywood liberal running for office that has failed to release his tax returns.

Uppereastside on July 17, 2012 at 9:33 PM

If you don’t like your life…
Change it…
Stop whining about your taxes and do something that make you enough to forget taxes…

Electrongod on July 17, 2012 at 9:35 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

IRS, SEC, hellllo, what planet do you live on, he’s probably been auditing hundreds of times as a private equity firm owner…why do you insist on being such a spaz?

jimver on July 17, 2012 at 9:36 PM

Show me any proof of a Hollywood liberal running for office that has failed to release his tax returns.

Uppereastside on July 17, 2012 at 9:33 PM

Show me an unemployment rate below 8.0%, Obot.

Fail.

Good Lt on July 17, 2012 at 9:36 PM

Romney blasted Obama for suggesting that Steve Jobs didn’t build Apple, Bill Gates didn’t build Microsoft

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

has been audited, that is…

jimver on July 17, 2012 at 9:37 PM

I can’t freakin wait for this national embarrassment to be voted out of office.

JellyToast on July 17, 2012 at 9:38 PM

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

Obama didn’t make a point.

He made an attack on the private sector. Again.

8.2%.

It’s not really a mystery why Obama has no idea how to lower unemployment in this country.

Good Lt on July 17, 2012 at 9:39 PM

Top 1%

Share of Total Income Earned: 13.3%
Share of Total Federal Income Taxes Paid: 22.3%

Top 2-5%

Share of Total Income Earned: 12.5%
Share of Total Federal Income Taxes Paid: 17.3%

Top 20%

Share of Total Income Earned: 50.8%
Share of Total Federal Income Taxes Paid: 67.9%

Middle 20%

Share of Total Income Earned: 14.1%
Share of Total Federal Income Taxes Paid: 9.4%

Bottom 40%

Share of Total Income Earned: 14.9%
Share of Total Federal Income Taxes Paid: 4.1%

Source: Congressional Budget Office

The Top 40%

Share of Total Income Earned: 71.0%
Share of Total Federal Income Taxes Paid: 86.5%

The Bottom 60%

Share of Total Income Earned: 29.0%
Share of Total Federal Income Taxes Paid: 13.5%

Big Government Robs The Middle Class For The Same Reason That Willie Sutton Robbed Banks…That’s Where The Money Is!

Resist We Much on July 17, 2012 at 9:39 PM

Resist We Much on July 17, 2012 at 9:31 PM

That is waaay to complicated for the troll.

But I appreciated it.

bluealice on July 17, 2012 at 9:39 PM

http://i.imgur.com/WgdN6.png

Abby Adams on July 17, 2012 at 9:39 PM

:)

or :(

Electrongod on July 17, 2012 at 9:41 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

What?

lowandslow on July 17, 2012 at 9:41 PM

Why? What the f*@# does it matter?

You leftists are the most absurd bunch of ignoramuses on the planet. The freaking Tasidai in the Philippines make more sense than you retards.

Great speech by Romney BTW. Sending more hard earned dollars his way.

The gay communist usurper Obama will not be in the White House Feb 2013.

tom daschle concerned on July 17, 2012 at 9:33 PM
———-

Ha ha ha you don’t know why it matters?

So, if it doesn’t matter then why did McCain want to see 23 years of Romney’s tax returns when vetting him for VP?
Why did McCain compile a 200 page report on Romney? (7 pages on flip flops alone)
Why did McCain investigate in amazing detail every deal Bain was involved with?
Why does stuff like that matter?
Get your head out of your ass and maybe you’ll find out.

Dave Rywall on July 17, 2012 at 9:41 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

I don’t freaking care if Romney wears girl underpants and thinks he’s an Elf God. Obama needs to be out of a job Nov. 3!

JellyToast on July 17, 2012 at 9:42 PM

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

Big Apple? You hypocritical sh@&bird?

Apple reaps windfall profits from the sale of its products manufactured by slave labor in the third world. Their profit margin is ~50%

You retards are remarkable in your shamelessness.

That is all.

tom daschle concerned on July 17, 2012 at 9:42 PM

Ha ha ha you don’t know why it matters?

So, if it doesn’t matter then why did McCain want to see 23 years of Romney’s tax returns when vetting him for VP?
Why did McCain compile a 200 page report on Romney? (7 pages on flip flops alone)
Why did McCain investigate in amazing detail every deal Bain was involved with?
Why does stuff like that matter?
Get your head out of your ass and maybe you’ll find out.

Dave Rywall on July 17, 2012 at 9:41 PM

8.2%.

Ready to admit your president is a total economic failure yet?

Good Lt on July 17, 2012 at 9:42 PM

Your iphone has nothing to do with atrocious grammar.

thatsafactjack on July 17, 2012 at 9:16 PM

Now, now, don’t go insulting Upper’s grammar. I haven’t heard it insulting your grammar, or your gramper, for that matter /

Benedict Nelson on July 17, 2012 at 9:43 PM

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

Funny how you’ve chosen to miss his point, utterly and completely. I know that self achievement isn’t in the Barry slobber’s lexicon these days, but you really ought to look into context when trying to form some sort of an “argument”.

ManWithNoParty on July 17, 2012 at 9:43 PM

Ha ha ha you don’t know why it matters?

So, if it doesn’t matter then why did McCain want to see 23 years of Romney’s tax returns when vetting him for VP?
Why did McCain compile a 200 page report on Romney? (7 pages on flip flops alone)
Why did McCain investigate in amazing detail every deal Bain was involved with?
Why does stuff like that matter?
Get your head out of your ass and maybe you’ll find out.

Dave Rywall on July 17, 2012 at 9:41 PM

McCain, like yourself, is a f&@*ing moron.

Thanks for playing MP Drywall.

:P

tom daschle concerned on July 17, 2012 at 9:43 PM

no need to waste precious time watching mitts speech. Two large issues are now hanging over mitts head. The largest is Sarah Palin and mitts inability to make a deal with her and secondly his unresolved issue with taxes.

both of these could have been taken care of prior to the primaries. mitt couldn’t do the job then, why would anyone expect him to do the job now?

thank the rinos for giving us an obama second term.

renalin on July 17, 2012 at 9:43 PM

Uppereastside on July 17, 2012 at 9:33 PM

Do you care that Turbo Tim is a tax evader? Do you care that Charle Rangel is a tax evader? Both of these guys have/had control over what others pay but you don’t care?
You only care about Romney’s taxes, which I’m sure were prepared by the best accountants in the country and are perfectly legal. You just want to make a big deal that he makes more money than you. You want it redistributed to your homies and that’s a fact.

BeachBum on July 17, 2012 at 9:44 PM

If, as BHO and Fauxcohantas insist, government should be credited for the role it played in the success of profitable enterprises, it MUST, by definition accept equal blame for all the businesses that failed at the same time.

fitzfong on July 17, 2012 at 9:44 PM

8.2%.

Ready to admit your president is a total economic failure yet?

Good Lt on July 17, 2012 at 9:42 PM

Dave’s President isn’t Obama..
Even though he wishes..

Electrongod on July 17, 2012 at 9:44 PM

“slobberer’s”

ManWithNoParty on July 17, 2012 at 9:44 PM

The largest is Sarah Palin and mitts inability to make a deal with her

???

Good Lt on July 17, 2012 at 9:45 PM

But he didn’t, and you didn’t’ care that he didn’t. Neither did the Democrats. Neither did the media.

And therefore, this argument is nothing but a stupid and juvenile diversion from the 8.2% UNEMPLOYMENT RATE THAT OBAMA OWNS and that you are loathe to talk about.

Good Lt on July 17, 2012 at 9:34 PM
———-

Sure I did. i’m suspicious of all rich people.
Romney is way shadier and a bigger a-hole than Kerry.
And Kerry certainly was an a-hole.

The 8.2 unemployment rate (give or take .5, of course) isn’t great but would be way way way way higher if Bush and Obama hadn’t put though stimulus dollars.

Dave Rywall on July 17, 2012 at 9:45 PM

16 trillion in debt. You own this you commie f*@ktards. Obama owns it. And you ignoramus retards that support him are culpable.

I hope you all suffer immeasurably under Obammunism.

tom daschle concerned on July 17, 2012 at 9:46 PM

McCain, like yourself, is a f&@*ing moron.

Thanks for playing MP Drywall.

:P

tom daschle concerned on July 17, 2012 at 9:43 PM
——-

Can’t wait for you to wet your pants when Romney gives in on the tax returns and the shit really hits the fan.

Bye bye little boy

Dave Rywall on July 17, 2012 at 9:47 PM

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

You are the queen of the fallacious argument. Congrats!!!

CW on July 17, 2012 at 9:47 PM

Sure I did. i’m suspicious of all rich people.

[No need to read further]

Dave Rywall on July 17, 2012 at 9:45 PM

Hence the reason you will never be rich..

You would hate yourself.

Electrongod on July 17, 2012 at 9:48 PM

I don’t trust any politician and don’t live my life blaming government for everything.

Uppereastside on July 17, 2012 at 9:00 PM

Breathtaking.

Us folks here on Planet Earth don’t live our lives blaming government for everything. Our support of the U.S. Military shoots that Lie down in flames every time.

But it’s your Democrat Senate that’s violated US Law by refusing to pass a Budget in over 3 years.

How come you refuse to blame them? I think we all know the answer.

Thanks for the entertainment. Kenny Banya would be proud of you.

Del Dolemonte on July 17, 2012 at 9:48 PM

Big Government Robs The Middle Class For The Same Reason That Willie Sutton Robbed Banks…That’s Where The Money Is!

Resist We Much on July 17, 2012 at 9:39 PM

What you don’t acknowledge is that the top 1% reports far less income that it earns through various accounting tactics, which greatly skews the income to tax ratio. Also, the top 1% controls about 1/3 of this nation’s wealth (including property assets).

bayam on July 17, 2012 at 9:48 PM

If those alternatives are honest advocates of the middle class, you betcha! If those alternatives aren’t bought and paid for by corrupt big government capitalists, you d$mn right I would.

Uppereastside on July 17, 2012 at 9:26 PM

Nah, ‘cuz everyone knows that George Soros, who has been convicted of insider trading, Bernie Madoff, serving 4,684,987 years, convicted felon R. Allen Stanford, Denise and Marc Rich, and Jon Corzine were honest advocates of the middle class and not buying and paying for corrupt Democrats, who love Big Gov, and would never, ever, ever do something so pedestrian…so Republican!

Resist We Much on July 17, 2012 at 9:48 PM

Oaf never once considered that the gov’t is Nothing/Nada, without the taxes from the hard-working people.

NO Rywall, the real unemployment is this, and more people now apply for mental/other disabilities per month than do for unempl. or jobs.

Yeppers, this is truly Hope ‘n Change. To Hades with you and your oaf. He is either an utter fool or plays one good on TV. Whoever brung him should spontaneously combust because such charlatanry should never be repeated.

Pity that there are so many fools in the world. Pity that you, such an erudite, are one of them. YOU don’t deserve to be free.

Schadenfreude on July 17, 2012 at 9:49 PM

16 trillion in debt. You own this you commie f*@ktards. Obama owns it. And you ignoramus retards that support him are culpable.

I hope you all suffer immeasurably under Obammunism.

tom daschle concerned on July 17, 2012 at 9:46 PM
——–

So when Bush grew the debt by $4.9 trillion you were wetting your pants about that too, correct?

Dave Rywall on July 17, 2012 at 9:49 PM

Uppereastside on July 17, 2012 at 9:26 PM

Obama is for a regressive ObamaTax on health’care’. Thus, he Hates the middle and lower classes. Period. Basta. Story. End of. Just see Resist We Much,who’s bloddying you like a ping pong.

Schadenfreude on July 17, 2012 at 9:50 PM

Sure I did. i’m suspicious of all rich people.
Romney is way shadier and a bigger a-hole than Kerry.
And Kerry certainly was an a-hole.

The 8.2 unemployment rate (give or take .5, of course) isn’t great but would be way way way way higher if Bush and Obama hadn’t put though stimulus dollars.

Dave Rywall on July 17, 2012 at 9:45 PM

False.

http://tinyurl.com/75qj4x4

Obama and Democrats gave us the “Stimulus” of $1 trillion that did nothing but balloon the debt.

8.2%, champ. That’s the best your hero can do.

Obama predicted we’d be at 5.6% by June 2012.

OOPS. Guess not.

Good Lt on July 17, 2012 at 9:50 PM

Dave Rywall on July 17, 2012 at 9:49 PM

I can’t stand Bush but I utterly despise Obama. It’s all a matter of exponential degree. Of you I expect math. Of the dummy moochers I expect nothing.

Schadenfreude on July 17, 2012 at 9:51 PM

uppereastside “plant” parenthood? Was he in to botany?

sandee on July 17, 2012 at 9:35 PM

Little Shop of Horrors.

Del Dolemonte on July 17, 2012 at 9:52 PM

It looks like the gnats are out in droves.

Rywall, this does not include YOU. Of you I expect so much more and better.

Schadenfreude on July 17, 2012 at 9:53 PM

???

Good Lt on July 17, 2012 at 9:45 PM

Its the best he could come up with.

renalin ain’t very bright.

cozmo on July 17, 2012 at 9:53 PM

False.

http://tinyurl.com/75qj4x4

Obama and Democrats gave us the “Stimulus” of $1 trillion that did nothing but balloon the debt.

8.2%, champ. That’s the best your hero can do.

Obama predicted we’d be at 5.6% by June 2012.

OOPS. Guess not.

Good Lt on July 17, 2012 at 9:50 PM
——

So tax cuts would create jobs, right?

Dave Rywall on July 17, 2012 at 9:54 PM

So when Bush grew the debt by $4.9 trillion you were wetting your pants about that too, correct?

Dave Rywall on July 17, 2012 at 9:49 PM

Actually the Tea Party was started..
And there was no wetting as in the OWS.

Electrongod on July 17, 2012 at 9:54 PM

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

Funny how you’ve chosen to miss his point, utterly and completely. I know that self achievement isn’t in the Barry slobber’s lexicon these days, but you really ought to look into context when trying to form some sort of an “argument”.

ManWithNoParty on July 17, 2012 at 9:43 PM

Funny, I thought I was speaking to the context of previous statements made by Gates and Buffet about the role of fortune in their own success. Let me guess- you’re only concerned with the context provided by Rush?

And I would never, ever suggest that many Wall Street bankers (excluding traders) earn annual multi-million bonuses because of the connections that paved the path of their careers.

bayam on July 17, 2012 at 9:54 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

He is a fraud and you know it.

Right Mover on July 17, 2012 at 9:54 PM

And I said no one cares about the “good speech” until he releases his tax returns.

Uppereastside on July 17, 2012 at 8:48 PM

4 Years ago we were told that we shouldn’t care about Obama’s record (or lack of it)Because he is a good orator

Fast forward 2012 nobody should care about good speeches

You libs are so full of it

OrthodoxJew on July 17, 2012 at 9:54 PM

So when Bush grew the debt by $4.9 trillion you were wetting your pants about that too, correct?

Dave Rywall on July 17, 2012 at 9:49 PM

Bush is viewed as one of the worst Presidents in recent history because of that.

And we’re holding Obama to the same standard because he’s spent more in 3 years than Bush did in 8.

And can’t get the unemployment rate down below 8%.

At least Bush could manage that much. Obama? Not so much.

He’s a even more of a failure than Obama.

Count it.

Good Lt on July 17, 2012 at 9:55 PM

If we see 9% unemployment…
 
Uppereastside on July 17, 2012 at 8:40 PM

 
And another unintentional truth slips out. Just like your professed positions being
pro-women =”right after you are done sucking me off sis“,
pro-Hispanic = “Marco Jose Rubio”,
pro-Black = “Tyrone West”
 
Here you’ve accidentally admitted, and seem to admit acceptance of, Obama’s economic/leadership neglect or incompetency.
 
Those are the only two choices.
 

I don’t trust any politician and don’t live my life blaming government for everything.
 
Uppereastside on July 17, 2012 at 9:00 PM

 
Well played.

rogerb on July 17, 2012 at 9:56 PM

He’s a even more of a failure than Obama.

Count it.

Good Lt on July 17, 2012 at 9:55 PM

????

Electrongod on July 17, 2012 at 9:56 PM

So tax cuts would create jobs, right?

Dave Rywall on July 17, 2012 at 9:54 PM

Tax relief frees up capital and money, and lets the people who earn it spend it as they want to, rather than the government to piss it away like in the Obama “8.2% is the new norm so deal with it” blue model.

Bush’s adjustments of the tax rates created jobs and lowered the unemployment rate.

Obama would KILL for Bush’s unemployment rate about now.

Kind of makes you mad that Bush – as incompetent as he was – was more competent than Obama at managing the economy, doesn’t it?

Good Lt on July 17, 2012 at 9:57 PM

Whew, Axelrod released all the nutty lefty trolls on this thread tonight, huh.

Right Mover on July 17, 2012 at 9:57 PM

He’s a even more of a failure than Obama Bush.

Count it.

Good Lt on July 17, 2012 at 9:55 PM

Fixed.

Good Lt on July 17, 2012 at 9:58 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

Your tax, what tax, you don’t pay taxes on the allowance your momma gives you from her welfare check, do you now…

jimver on July 17, 2012 at 9:58 PM

So tell me, how much money will Obama be getting from communists, marxists, drug cartels, hamas, hezbollah, taliban , LET, MooziBros, alqaeda, A’Jad, Saudi royals, Polanski and other pedophiles ……will it be more or lesser than what he got in 2007 ? 2008 ? 2009 ? 2010 ? 2010 ? 2011 ? 1999 ?

burrata on July 17, 2012 at 9:58 PM

Whew, Axelrod released all the nutty lefty trolls on this thread tonight, huh.

Right Mover on July 17, 2012 at 9:57 PM

I know, right…

jimver on July 17, 2012 at 9:58 PM

Typing from an iPhone which incorrectly auto spells some words. I guess I should be spell checking my words before hitting submit.

Uppereastside on July 17, 2012 at 9:02 PM

A poor workman blames his tools for shoddy work.

massrighty on July 17, 2012 at 9:59 PM

I don’t trust any politician and don’t live my life blaming government for everything.

Uppereastside on July 17, 2012 at 9:00 PM

this is funny.

Terrye on July 17, 2012 at 9:59 PM

Funny, I thought I was speaking to the context of previous statements made by Gates and Buffet about the role of fortune in their own success…
 
bayam on July 17, 2012 at 9:54 PM

 
It bears repeating:
 

And, as long as we are on your compulsive need to “cite to authority” rather than make a rational, logical argument based on facts, if we are taking rich people’s opinions as gospel, why don’t we poll everyone who is in the top 1% in wealth and agree that whatever policies a majority of those people prefer – all leftists will agree to support? That you will push the democrats to enact laws in conformity with the top 1%’s wishes. Will you do that? If not, then why do you keep telling us what Gates or Zuckerberg allegedly want for policies?
 
Monkeytoe on July 17, 2012 at 7:39 AM

rogerb on July 17, 2012 at 9:59 PM

So when Bush grew the debt by $4.9 trillion you were wetting your pants about that too, correct?

Dave Rywall on July 17, 2012 at 9:49 PM

Yes, kinda defuses you moronic argument doesn’t it, you fu*@ing retard?

tom daschle concerned on July 17, 2012 at 10:00 PM

Fixed.

Good Lt on July 17, 2012 at 9:58 PM

:)

Electrongod on July 17, 2012 at 10:00 PM

Whew, Axelrod released all the nutty lefty trolls on this thread tonight, huh.

Right Mover on July 17, 2012 at 9:57 PM

Not quite all of them. I haven’t seen SasquatchPigAlien or Ernestroll on this thread yet.

Benedict Nelson on July 17, 2012 at 10:02 PM

I don’t care whether Obama or Mut got an A or F in Chemistry. I do care if they are evading taxes which ultimately causes my taxes to go up.

Uppereastside on July 17, 2012 at 9:20 PM

Really? Mitt Romney has already released his taxes for last year and he will be releasing more for this year…and the taxes he paid last year are more than you will probably pay in a lifetime..or several lifetimes for that matter.

BTW, there is no evidence at all that Romney is evading taxes…the fact that you feel the need to accuse the man of yet another crime with no evidence says much about you…and it is not good.

Terrye on July 17, 2012 at 10:02 PM

Funny that he’d cite the great entrepreneurs who support Obama and generally agree with the larger point Obama was trying to make.

bayam on July 17, 2012 at 9:37 PM

bayam!

You cut and pasted that very same “great entrepreneurs” nonsense on us last night, and as I recall you were challenged on your allegations and turned tail and ran, especially when you were challenged on your claim agreeing with O’bama that “great entrepreneurs” didn’t in fact built their businesses by themselves.

Here’s a shovel for your Right Hand. You really need 2.

A++

Del Dolemonte on July 17, 2012 at 10:03 PM

rogerb on July 17, 2012 at 9:59 PM

Brayam will ignore your post.What a dupe and water carrier.

CW on July 17, 2012 at 10:03 PM

Tax relief frees up capital and money, and lets the people who earn it spend it as they want to, rather than the government to piss it away like in the Obama “8.2% is the new norm so deal with it” blue model.

Bush’s adjustments of the tax rates created jobs and lowered the unemployment rate.

Obama would KILL for Bush’s unemployment rate about now.

Kind of makes you mad that Bush – as incompetent as he was – was more competent than Obama at managing the economy, doesn’t it?

Good Lt on July 17, 2012 at 9:57 PM
——-

So how come the Bush tax cuts suddenly stopped creating jobs and stopped lowering the unemployment rate when Obama got elected?

Dave Rywall on July 17, 2012 at 10:03 PM

Brayam’s a tool. I bet it thinks it actually has an original thought.

CW on July 17, 2012 at 10:04 PM

Very good question. I want to see if he paid any taxes from 2001 through 2009. Period.

I don’t care about the possible plant parent hood donations or offshore bank accounts. I just want to see if this candidate paid the same rate of taxes I pay.

Uppereastside on July 17, 2012 at 8:46 PM

So you finally learn how to spell “whining” but you think there is an organization called “plant parenthood”.

If there were any problems with Romney’s returns, I’m sure the IRS can handle it without your help! What do you think about the 36 Obama staffers who owe a combined $833,000.00 in back/unpaid taxes? Who do you think might be responsible for them?

Night Owl on July 17, 2012 at 10:04 PM

So how come the Bush tax cuts suddenly stopped creating jobs and stopped lowering the unemployment rate when Obama got elected?

Dave Rywall on July 17, 2012 at 10:03 PM

Member what happened in 2006 nimrod?

tom daschle concerned on July 17, 2012 at 10:04 PM

and it is not good.

Terrye on July 17, 2012 at 10:02 PM

No…but it is the new Liberal..

Obama defined the position last weekend…
And Upper concurs..

Without Upper….I couldn’t have created my home business..

Thanks Upper…

Electrongod on July 17, 2012 at 10:06 PM

test

gumbyandpokey on July 17, 2012 at 10:06 PM

Obama leads Romney 49-45 in new WMUR Granite State New Hampshire poll.

gumbyandpokey on July 17, 2012 at 10:08 PM

So when Bush grew the debt by $4.9 trillion you were wetting your pants about that too, correct?

Dave Rywall on July 17, 2012 at 9:49 PM

Bush was downright frugal compared to these people..btw, when Nancy Pelosi became Speaker of the House and the Democrats took control of Congress…our deficit was $168 billion a year…we do that in a month now.

Terrye on July 17, 2012 at 10:09 PM

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