Compare your tax rates to Mitt Romney’s with Democrats’ awesome calculator!

posted at 3:21 pm on July 30, 2012 by Erika Johnsen

This might very well be one of the biggest pieces of misleading, populist-fueled crapola I have ever had the displeasure of seeing. Granted, the Democrats’ website is a treasure trove of actually quite creative negativity accusing Mitt Romney of various eeevil capitalist exploits, but this is on a whole other level.

You know those nifty online calculator tools you can use to figure out the amount of your federal income tax return or determine your share of the national debt? This is kind of like that, only not. Compare your tax rates to Mitt Romney’s at — oh, yes — WhatMittPays.com.

Photobucket

Okay, riddle me this: What logical, rationally self-interested individual wouldn’t choose to keep more of their own money if they were legally able and they deemed it worth the time to do so? Mitt Romney’s tax rate is not his fault, nor should he be vilified for taking advantage of it. It is the fault of our tax code. That is all. And perhaps the question shouldn’t be, Why do some millionaires get to pay such a low tax rate and why aren’t they paying more (even though in actual dollar amounts, they still pay vastly more than those with lower incomes)? Maybe the question should be, Hey, why do I have such a high rate and why aren’t I paying less? Oh, that’s right, because the federal government has long since broken its Constitutional bounds and is spending our money at an unsustainable rate in a giant subterfuge of big-government fail. And by the way, speaking of big-government fail, President Obama’s biggest attempt at establishing a “level playing field”… hasn’t.

Once you get your “results” comparing capital-gains apples to income-tax oranges, the website will tell you how much less you would’ve paid if you were subject to Mitt Romney’s tax rate and criticize Mitt Romney as a “corporate buyout specialist.” Wow, fancy phrase for someone who won at free enterprise and created wealth, jobs, and economic growth for the country at large along the way. If I didn’t know any better, I’d say it’s almost like they were trying to make a political statement with that one.


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I can GUARANTEE 95% of rank and file democrat voters have no IDEA what they pay in income taxes.

tom daschle concerned on July 30, 2012 at 3:24 PM

Mitt got to choose his own tax rate????

…keep digging dems…..you’re almost there

ted c on July 30, 2012 at 3:24 PM

What difference does it make what rate he paid. If he made way more money than me, he paid more taxes.

Which is larger? 20% of, say, $50,000, or 10% of $1,000,000?

Math ain’t hard.

CurtZHP on July 30, 2012 at 3:24 PM

I can GUARANTEE 95% of rank and file democrat voters have no IDEA what they pay in income taxes.

tom daschle concerned on July 30, 2012 at 3:24 PM

I’d wager most of them are effectively tax exempt, at least where federal income tax is concerned.

CurtZHP on July 30, 2012 at 3:26 PM

Class warfare for dummies!

thatsafactjack on July 30, 2012 at 3:27 PM

Mitt Romney donates 10% of his income to his Church. And then makes additional charitable donations on top of that amount.

How many of the rest of us come anywhere near that level of charitable contributions?

Hint: Current residents of the White House do not.

PolAgnostic on July 30, 2012 at 3:27 PM

The site is a joke. The won’t post how much the lower income brackets pay because they basically pay nada.

aniptofar on July 30, 2012 at 3:27 PM

Democrats double down on stupid!!

Bitter Clinger on July 30, 2012 at 3:28 PM

Envy. There’s an app for that.

Meric1837 on July 30, 2012 at 3:28 PM

I can’t wait to see Wasserman Schultz’ and Pelosi’s.

Schadenfreude on July 30, 2012 at 3:28 PM

I’m sure I’ll hear about this from my Union brothers when I get to work tomorrow.

tom daschle concerned on July 30, 2012 at 3:28 PM

When is Warren Buffett going to pay his taxes?

John the Libertarian on July 30, 2012 at 3:28 PM

All I know is I hope they keep using these goodlooking pictures of Romney against him. Sure makes him look like a nice guy. LOL

Barred on July 30, 2012 at 3:29 PM

Somehow I’m having trouble getting worked up over the tax rates private citizens pay.

I’m more concerned with how the government is wasting the river of money it does get from taxpayers of all income levels.

Good Lt on July 30, 2012 at 3:29 PM

So where is Warren Buffett’s secretary ?
She gonna say something or will it be Clooney and Immelt this time ?
BTW, who paid for Hussein in Harvard ?

burrata on July 30, 2012 at 3:29 PM

And this calculator affects my income how?

Oh, it doesn’t?

Obama’s economic policies affect my income how?

Oh, they do?

Well then… that says all that I need to know.

beatcanvas on July 30, 2012 at 3:29 PM

“Anyone may arrange his affairs so that his taxes shall be as low as
possible; he is not bound to choose that pattern which best pays the
treasury. There is not even a patriotic duty to increase one’s taxes.
Over and over again the Courts have said that there is nothing sinister
in so arranging affairs as to keep taxes as low as possible. Everyone
does it, rich and poor alike and all do right, for nobody owes any
public duty to pay more than the law demands.” – Judge Learned Hand

RadClown on July 30, 2012 at 3:30 PM

Okay, riddle me this: What logical, rationally self-interested individual wouldn’t choose to keep more of their own money if they were legally able and they deemed it worth the time to do so?

Or keep their weight down?

Never, ever, expect the leftists to be honest, liberal, progressive and free. Only their looters want to live like emperors. See the Obamas.

The rest are kept in modern day plantations, for votes only.

Schadenfreude on July 30, 2012 at 3:30 PM

When 50% of wage earners pay NO tax, it is Romney who is paying the largest %. Now guess who the 50% that pay nothing will vote for if they can find a polling place….

cjt1957 on July 30, 2012 at 3:31 PM

I can GUARANTEE 95% of rank and file democrat voters have no IDEA what they pay in income taxes.

tom daschle concerned on July 30, 2012 at 3:24 PM

Food stamps and welfare checks are tax exempt :D

burrata on July 30, 2012 at 3:32 PM

Is this smart for a man who has destroyed over two and half million jobs?

tom daschle concerned on July 30, 2012 at 3:32 PM

Mitt Romney is sixty-five, his children are grown and on their own. He’s essentially a retiree who is running for office.

What about a retiree who put some of his or her post-tax income into a Roth IRA, and is now pulling out $75K/year tax free? Wouldn’t that person be paying at a lower tax rate than Romney?

What if you’re a retiree living on $50K of dividends and capital gains, plus a little Social Security money? Wouldn’t you be paying about the same tax rate as Romney?

Funny how the Democrat’s tax calculator doesn’t take these situations into account.

Reno_Dave on July 30, 2012 at 3:33 PM

This is THE most populist, Marxist Administraton ever.

It’s disgusting to see this crap going on in America.

Considering that Mitt Romney WORKED for his money, and his station in life, and OBOZO rode the “Community Activist”, College Lecturer (NOT Constitutional Scholar as keeps being said about him!) and CIVIL SERVICE gravy train to HIS WEALTH ( and he IS wealthy!) I think it’s pretty easy to say that the irony is this populace crap is off the charts.

ANY democrat who will overlook such simple intellectual dishonesty, should look themselves in the mirror and tell themselves they should just move to some corrupt, communist banana republic.

And then take their own advice.

KMC1 on July 30, 2012 at 3:33 PM

your federal income tax return

Erika I have to nitpik because you get a federal tax refund, if you overpaid your tax during the year. You report your income and deductions on your federal tax return, for individuals that is Form 1040 federal tax return.

Ted Torgerson on July 30, 2012 at 3:34 PM

cause this has worked so far/

rob verdi on July 30, 2012 at 3:34 PM

How many of the rest of us come anywhere near that level of charitable contributions?
Hint: Current residents of the White House do not.
PolAgnostic on July 30, 2012 at 3:27 PM

Obama has to keep most of his money – he knows well that if he can’t fool the public in this election, there will come a day when he cannot earn a comfortable living just making speeches and “writing” books. And no one will hire him, since he has no real practical experience in anything. Even if he did, he would not want to work for some icky business just making widgets or something.

Marcola on July 30, 2012 at 3:34 PM

No word yet on WhatObamaBidenGiveToCharity.com

faraway on July 30, 2012 at 3:34 PM

Democrats double down bubble up on stupid!!

Bitter Clinger on July 30, 2012 at 3:28 PM

Dr. ZhivBlago on July 30, 2012 at 3:34 PM

I can GUARANTEE 95% of rank and file democrat voters have no IDEA what they pay in no income taxes.

FIFY

gonnjos on July 30, 2012 at 3:35 PM

Oh, good, it’s about time someone educated the public on this. Obviously this calculator includes the 35% corporate income tax rate that hits all of his investments before they’re able to pay him capital-gains income taxed at 15%, so that his effective tax rate is shown as 44.75%. Right?

Fabozz on July 30, 2012 at 3:35 PM

…making up your own math is hard!?!

KOOLAID2 on July 30, 2012 at 3:36 PM

“… because the federal government has long since broken its Constitutional bounds and is spending our money at an unsustainable rate in a giant subterfuge of big-government fail.”

Yeap…

… being +$16 Trillion in debt is a little more serious than a private citizen following tax laws established by Congress.

The Democrats are truly a puss filled anal polyp on this Nation…

Seven Percent Solution on July 30, 2012 at 3:36 PM

What difference does it make what rate he paid. If he made way more money than me, he paid more taxes.

Which is larger? 20% of, say, $50,000, or 10% of $1,000,000?

Math ain’t hard.

CurtZHP on July 30, 2012 at 3:24 PM

We’re talking dimtards here….math is ALWAYS hard for them…

jimver on July 30, 2012 at 3:37 PM

What up with the hot pink with white writing color scheme on a tropical beach photo background?

Lost in Jersey on July 30, 2012 at 3:37 PM

…why is it that during the present campaign the MSM no longer cares about “FACT CHECK”?

KOOLAID2 on July 30, 2012 at 3:38 PM

Maybe the question should be, Hey, why do I have such a high rate and why aren’t I paying less?

I hope this bites the Dems in the butt via this very question. I hope these people start asking why they are paying such a high rate rather than why Romney is paying such a low rate.

gravityman on July 30, 2012 at 3:38 PM

I’d say it’s almost like they were trying to make a political statement with that one.

I had a discussion with a lib friend about this topic this past weekend.

“Do you have any proof Romney has done anything illegal?”
“No”

“Do you pay a rate higher than the government requires or fail to use any deductions available?”
“No”

“Then what’s the problem?”
**Crickets……….

BacaDog on July 30, 2012 at 3:39 PM

The DNC did not build that website.

But Mitt Romney probably saved the company that did.

LetsBfrank on July 30, 2012 at 3:39 PM

By the way, doesn’t EVERYONE try to find as many deductions as possible in order to keep as much of their money as possible every year? Isn’t that why we have all these tax accountants?

gravityman on July 30, 2012 at 3:39 PM

Geithner doesn’t believe in paying taxes. Why isn’t he their poster boy?

timberline on July 30, 2012 at 3:40 PM

spending our money at an unsustainable rate in a giant subterfuge of big-government fail

And that line, Erika, is pure Win.

CorporatePiggy on July 30, 2012 at 3:40 PM

No word yet on WhatObamaBidenGiveToCharity.com

faraway on July 30, 2012 at 3:34 PM

or WhatGEpaysinfederalincometaxes.com

TulsAmerican on July 30, 2012 at 3:41 PM

Mitt Romney donates 10% of his income to his Church. And then makes additional charitable donations on top of that amount.

How many of the rest of us come anywhere near that level of charitable contributions?

Hint: Current residents of the White House do not.

PolAgnostic on July 30, 2012 at 3:27 PM

The current resident of the White House won’t give a dime to his dirt-poor brother in Kenya. Are there any members of the Romney family in poverty that Mitt has refused to help?

Steve Z on July 30, 2012 at 3:41 PM

Does the website collect emails and income levels checked, you know, for future fundraising letters?

Dear John Doe (JohnDoe@internet.com-family w/children-checked $75,000 level),

If you have not, as of yet, taken advantage of the Obama’s wedding and birthday gift registry this summer, would you be interested in giving 10% of your income to Obama’s campaign through $50 Visa gift cards?

Just checking, ’cause for the first time in history, I just might get outspent by the evil rich Republicans. Who loves you, baby?
~ Barack

Fallon on July 30, 2012 at 3:41 PM

They don’t want our (next) president to be successful?
Isn’t that what Rush got in trouble for?

SailorMark on July 30, 2012 at 3:43 PM

No word yet on WhatObamaBidenGiveToCharity.com

faraway on July 30, 2012 at 3:34 PM

They’re probably including the $535 million they gave to Solyndra.

Steve Z on July 30, 2012 at 3:43 PM

This has backfire written all over it. Funny though!

Bmore on July 30, 2012 at 3:43 PM

The current resident of the White House won’t give a dime to his dirt-poor brother in Kenya.

Steve Z on July 30, 2012 at 3:41 PM

Contribute to FeedObamasFamily.org

Brother lives in a hut.

Aunt lives in public housing.

Uncle lives in jail, usually.

faraway on July 30, 2012 at 3:44 PM

Forget Mitt. I want the same rules as Geithner.

The Rogue Tomato on July 30, 2012 at 3:45 PM

Anything trending on twitter related to this yet?

tom daschle concerned on July 30, 2012 at 3:46 PM

Let’s do a comparison calculator of Obama’s golf outings, vacations and Arugula consumption.

RadClown on July 30, 2012 at 3:47 PM

Maybe that’s because the real administration power on these issues is senior adviser Valerie Jarrett, who shares the president’s most absurd economic theories, like the virtues of raising taxes on job-creating small businesses even in a time of economic distress.

aquaviva on July 30, 2012 at 3:47 PM

Once you get your “results” comparing capital-gains apples to income-tax oranges

Not going to bother.

Great article, Erika! Your writing leaps off the web page.

MisterElephant on July 30, 2012 at 3:47 PM

Erika, allow me to nitpick just a little:

comparing capital-gains apples to income-tax ordinary income oranges

Both are income tax, but income of different character (capital gains as opposed to ordinary) is taxed differently.

Also, allow me share my favorite tax law quote, from Judge Learned Hand, which you’ve probably heard before:

“Anyone may arrange his affairs so that his taxes shall be as low as
possible; he is not bound to choose that pattern which best pays the
treasury. There is not even a patriotic duty to increase one’s taxes.
Over and over again the Courts have said that there is nothing sinister
in so arranging affairs as to keep taxes as low as possible. Everyone
does it, rich and poor alike and all do right, for nobody owes any
public duty to pay more than the law demands.”
Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934).

acasilaco on July 30, 2012 at 3:47 PM

The comparison makes me wonder… Liberals and conservatives get to write the phrase “we pay zero federal taxes” differently – conservatives have to use a large letter “Z” in the word “zero”, as in whom they pay it to.

Archivarix on July 30, 2012 at 3:50 PM

What does Julia pay in taxes???…

PatriotRider on July 30, 2012 at 3:50 PM

might not work really well as 47+ or – don’t pay any taxes and probably a good chunk of them more than likely get money back from the government.

RonK on July 30, 2012 at 3:51 PM

Why didn’t Hussein raise the tax rates on day one of his coronation ?
He can still do it , what is stopping him ? It’s not like he cares for the Congress and the Constitution anyway.

burrata on July 30, 2012 at 3:51 PM

Forget Mitt. I want the same rules as Geithner.

…and Tom Daschle, and Jon Corzine, and Nancy Pelosi, and Chris Dodd, and on and on and on

DanMan on July 30, 2012 at 3:52 PM

Waiting for HowMuchWouldYourHouseholdSpendIfItSpentAtTheSameRateAsTheGovernement.com

Might want to tweak that URL a little.

AndrewsDad on July 30, 2012 at 3:53 PM

Obama’s re-election depends on overturning ‘Thou shalt not covet’

faraway on July 30, 2012 at 3:55 PM

Mitt Romney’s tax rate is not his fault, nor should he be vilified for taking advantage of it. It is the fault of our tax code. That is all. And perhaps the question shouldn’t be, Why do some millionaires get to pay such a low tax rate and why aren’t they paying more (even though in actual dollar amounts, they still pay vastly more than those with lower incomes)? Maybe the question should be, Hey, why do I have such a high rate and why aren’t I paying less?

Wow.

Sorry but I usually like what you write but on this one I have no idea what you were thinking.

Mitt’s low rate is NOT just some accident in the tax code. It is a feature. When this rate went down the economy went up. This rate is only a portion of taxes paid as well. First the company pays taxes then the profits are taxed again as Capital Gains. So that is why you are “paying more” you are not necessarily paying more it depends on how much the company paid first.

Your argument seems to support Obamas to a large extent.

I am very thankful there are people like Mitt Romney that will invest in companies. That means people can work for those companies. Without this special rate there would be far less investing and far fewer companies to work for.

Steveangell on July 30, 2012 at 3:56 PM

I’m coming out of my self-imposed ban to say that Erika Johnsen is the absolute best thing to happen to this site in a very long time. I wish you luck, Erika. You are awesome.

FruitedPlain on July 30, 2012 at 3:56 PM

I happen to have my tax records from 1964 to present; Income over those years varied by a factor of over 20:1. My effective tax rate varied thusly;

min = -1.67 % 2009
max = 17.85 % 1986
avg = 9.51 %
median = 10.37 %

Of note; 1) I paid a higher effective rate in my lowest income year than I did my highest income year. 2) I almost always under withheld and owed taxes in April.

Dasher on July 30, 2012 at 3:58 PM

With the vast majority of the demonuts not paying any income taxes at all. Can you see the idiots trying to plug “0″ into the calculator and expecting a result? The majority of the demonut’s base is currently on some sort of Government assistance i.e. food stamps or welfare, so the calculator doesn’t apply.

Tbone McGraw on July 30, 2012 at 3:58 PM

RadClown on July 30, 2012 at 3:30 PM

You beat me to it.

acasilaco on July 30, 2012 at 3:59 PM

Someone should open a site called “What Obama Smokes”. Everyone will be able to compare the quality and price of their weed to His Neverending Highness’s choice. Let’s sow the seeds of envy into the hearts of liberal voting segment.

Archivarix on July 30, 2012 at 4:01 PM

How about a webpage on how much the slob Warren Buffett still owes to the IRS? How about the backtaxes owed by White House staff?

By the way, does little Timmie have to release his annual tax forms? He does have a record, after all.

slickwillie2001 on July 30, 2012 at 4:02 PM

So didya’ll taxpayers see that $ 6,800 jacket y’all bought for the Mooch ? And even that couldn’t wipe off that scowl from her face !!

burrata on July 30, 2012 at 4:05 PM

Before the disaster that was the Carter Administration, unemployment income wasn’t taxed. But the country was ‘losing money’, so Congress decided to levy on it.

I, for one, don’t care about someone else’s tax rates. But if liberals have such an issue, then change the code to a flat rate applicable to everyone, close the loopholes, tax even welfare and food stamp payments, the value of Medicaid used, interest payments on mortgages for second and third homes (if that’s not there already), tax unions as corporations, eliminate the Earned Income Credit, and remove the ‘charitable’ status of groups like PETA and Planned Parenthood so donations made to them aren’t deductions, and their incomes are taxable as corporation.

Heck! Tax all the donations the Democrat and and Pub Parties receive under corporate tax laws, too.

Did I miss anything?

Liam on July 30, 2012 at 4:06 PM

Reoccuring pattern of liberal thinking:

1) Republican elected official opposes spending on generally accessible program (e.g., Social Security or Medicare).
2) Republican receives benefit from generally accessible program (which was funded in part with his tax dollars).
3) Republican branded a hypocrite by Democrat for abiding by generally applicable law because it was against their voting record.

1) Romney plays his statutorily prescribed tax rate.
2) Democrats don’t like fact that Romney had X as his effective tax rate.
3) Romney branded a tax cheat by Obama for abiding by generally applicable law that he had no involvement in enacting.

By logic, that should mean the following as well:

1) Democrat opposes tax cut.
2) Tax cut is made into law.
3) Democrat should be labeled a hypocrite if they do not pay the pre-cut higher tax rate that they opposed.

blammm on July 30, 2012 at 4:07 PM

Someone should open a site called “What Obama Smokes”. Everyone will be able to compare the quality and price of their weed to His Neverending Highness’s choice. Let’s sow the seeds of envy into the hearts of liberal voting segment.

Archivarix on July 30, 2012 at 4:01 PM

An FOIA demand to see how the Choomer and Moocher have been partying in the WH would be great eye opener too

burrata on July 30, 2012 at 4:07 PM

An FOIA demand to see how the Choomer and Moocher have been partying in the WH would be great eye opener too

burrata on July 30, 2012 at 4:07 PM

It’s Executive Privilege – haven’t you got the message?

Archivarix on July 30, 2012 at 4:12 PM

Obama’s Big Campaign Position: “I won’t allow the 50% of Americans who pay NO taxes to to bear the burden for the other 50% who aren’t paying their fair share!”

cribbed from a great cartoon making its way around the interwebs right now.

Harbingeing on July 30, 2012 at 4:12 PM

Did I miss anything?

Liam on July 30, 2012 at 4:06 PM

Yes, you did – Churches.

/ducks&covers

Harbingeing on July 30, 2012 at 4:17 PM

WHEN will someone on the non-socialistic side of the spectrum come forward and say-

Bull Shiite !! to all this class warfare pandering !!!

and ASK the question…. HOW DOES THE MIDDLE CLASS BENEFIT from seeing the “rich” people pay more taxes ? IT doesn’t.
Does it improve the MIDDLE CLASS JOB OUTLOOK ?? NO !

SO WHAT THEN IS THE PURPOSE of this class warfare if it does not benefit the middle class- only the Ruling Class?

Educate the voters that taxing the “rich” more, whether it be 3% or 10%, does not improve anything for the hard working citizens – WHEN DC IS ONLY GONNA PISS IT AWAY anyhow on give-aways and wasteful programs, like the one that teaches scrotum washing hygiene. WTF ?

The voting public needs to be told increasing taxes on the upper wage earners, albeit gives the emotional satisfaction some look for- does not put any money in their pockets or create any more jobs for them. Its just allows for more DISHONESTY FROM THE DC TAX (read CRACK) ADDICTS, and for the government to waste in what is a phony attempt to divide the USA with this FALSE class warfare.

Time for a Re-Direct. Stop trying to divide America, Ocommie.

FlaMurph on July 30, 2012 at 4:20 PM

Democrats. Promoting economic illiteracy for political gain since the time of Jefferson.

Gotta love it.

BKennedy on July 30, 2012 at 4:22 PM

So didya’ll taxpayers see that $ 6,800 jacket y’all bought for the Mooch ? And even that couldn’t wipe off that scowl from her face !!

burrata on July 30, 2012 at 4:05 PM

She had to just sit there while the American flag was raised and our anthem was performed. Imagine the Brits doing that to her!

slickwillie2001 on July 30, 2012 at 4:23 PM

Class warfare for dummies!

thatsafactjack on July 30, 2012 at 3:27 PM

Man, look at that beach in the background. :)

Hm.

I tried to set it really low, to see what the savings would be for someone at something like $25K and everything … but I can’t seem to get the slider to go beneath $50K for some reason.

Axe on July 30, 2012 at 4:28 PM

Archivarix on July 30, 2012 at 4:12 PM

Imagine this GOP ad :
( Video of Obamas dancing, disco lights, loud rap music)

Last Wednesday, the Obamas hosted their weekly party for a few rappers and Democrats in the WH.
( Video of the food and booze , superimposed on the menu )
Total cost to you the taxpayer was $ 1 milion.
It does not include the cost for security and clean up after the party .
This happens every Wednesday, except when they are on vacations
( Video of Obama golfing and Mooch in Spain)
So what did your family have for dinner last Wednesday ?
( Pictures of Ramen noodles, rice and beans, burgers and fries etc..)
Remember that , the next wednesday !

burrata on July 30, 2012 at 4:30 PM

When will I be able to view the Michael Moore tax calculator? Or, how about the Hollywood Obama Supporter calculator? I bet those would be a real hoot!

djtnt on July 30, 2012 at 4:34 PM

“Why does Mitt get a special deal? Because his time as a corporate buyout specialist means his income doesn’t come from a salary—instead, he brings it in through stocks, shares, and other investments taxed under the special rate.”

Aaaand???

Compare apples to apples.

More libtard FAIL.

RedNewEnglander on July 30, 2012 at 4:35 PM

Imagine this GOP ad :
( Video of Obamas dancing, disco lights, loud rap music)

Last Wednesday, the Obamas hosted their weekly party for a few rappers and Democrats in the WH.
( Video of the food and booze , superimposed on the menu )
Total cost to you the taxpayer was $ 1 milion.
It does not include the cost for security and clean up after the party .
This happens every Wednesday, except when they are on vacations
( Video of Obama golfing and Mooch in Spain)
So what did your family have for dinner last Wednesday ?
( Pictures of Ramen noodles, rice and beans, burgers and fries etc..)
Remember that , the next wednesday !

burrata on July 30, 2012 at 4:30 PM

Parties in little Bammie’s White House are typically twice a week, -one weeknight and one weekend evening. It’s outrageous that the liberal media will not report on the fact that they party like it’s 1999 twice a week. If a Republican did this the old media would be fighting to get cameras in, and interviewing whoever they could about what went on, and taping the limousines rolling in.

slickwillie2001 on July 30, 2012 at 4:36 PM

CurtZHP on July 30, 2012 at 3:26 PM

And what of the GOP? How many geriatric GOPer’s are paying 0% while collecting federal benefits?

ernesto on July 30, 2012 at 4:36 PM

Start a business. Build it yourself. Create real wealth. Get rich. Then you, too, can pay what Romney pays in taxes. Or more, if you wish.

kbTexan on July 30, 2012 at 4:43 PM

We are a 2 income family and have been in the upper 5% of those filing federal tax returns for the past few years. No big incomes, Just a school teacher and a cubicle drone. My wife says if we are in the upper 5% then we need better financial advise as we are surely not living the life of the rich and famous.

If I remember correctly, Turbo Tax says we paid 15.3% our our income in Federal taxes. This is a return with no capital gains, virtually no dividends and just the usual run of the mill deductions: property taxes, State and local, dependent deductions, mortgage interest and charitable deductions. I wish it was less but 15% is not bad and with no jumping through hoops. Of course owning your own hone is the key to this. Makes ya wonder what Buffet’s secretary is doing wrong.

JohnnyL on July 30, 2012 at 4:45 PM

I’d wager most of them are effectively tax exempt, at least where federal income tax is concerned.

CurtZHP on July 30, 2012 at 3:26 PM

..gord on ahead and click over there and attempt to use their *ahem* tool. It is highly inflexible in that (1) it does not allow you to enter YOUR parameters or tax liability and (2) does not give full disclosure as to how the computation is done.

It just gives some brain-dead savings figure insofar as I can see. What about the 49% WHO PAY NO TAXES? What about folks who have INVESTMENT INCOME or receive DIVIDENDS? What about other special circumstances?

Were I the RNC or Mitt’s campaign, I would do the same thing..

..actually, belay that. I would maybe do something that compares what these tools income tax liability would be if the Dems let the BUSH TAX RATES die or something.
Just because Instead.

Clearly, the Dems have mirror-fogging, mouth-breathing hands-always-out proles for followers. Good thing is that those who own/run/have built their own biz (with or without the help of the Feds) will know where the bear has shat in the buckwheat.

The War Planner on July 30, 2012 at 4:49 PM

I’d wager most of them are effectively tax exempt, at least where federal income tax is concerned.

CurtZHP on July 30, 2012 at 3:26 PM

..gord on ahead and click over there and attempt to use their *ahem* tool. It is highly inflexible in that (1) it does not allow you to enter YOUR parameters or tax liability and (2) does not give full disclosure as to how the computation is done.

It just gives some brain-dead savings figure insofar as I can see. What about the 49% WHO PAY NO TAXES? What about folks who have INVESTMENT INCOME or receive DIVIDENDS? What about other special circumstances?

Were I the RNC or Mitt’s campaign, I would do the same thing..

..actually, belay that. I would maybe do something that compares what these tools income tax liability would be if the Dems let the BUSH TAX RATES die or something.
Just because Instead.

Clearly, the Dems have mirror-fogging, mouth-breathing hands-always-out proles for followers. Good thing is that those who own/run/have built their own biz (with or without the help of the Feds) will know where the bear has shatt in the buckwheat.

The War Planner on July 30, 2012 at 4:50 PM

And what of the GOP? How many geriatric GOPer’s are paying 0% while collecting federal benefits?

ernesto on July 30, 2012 at 4:36 PM

So what if they are? What does that have to do with how much Romney pays in taxes? Class envy much?

CurtZHP on July 30, 2012 at 4:51 PM

how about a calculator to show how much of your bankruptcy or defaulted on loans were funded or excused by the government as opposed to say, oh, that of Gummit Motors or a solar panel company…

or compare how much money you got from lobbyists as opposed to say king barry and the democrats…

or to compare how much money you have owed to the IRS for years as opposed to say federal employees or congressmen or charley rangel… http://theweek.com/article/index/223605/tax-dodgers-on-the-federal-payroll-by-the-numbers

or to calculate how much money the government received from you for taxes on your yacht as opposed to the amount submitted to date by senator john kerry…( oh well that’s probably the same-0- never mind.)

mittens on July 30, 2012 at 4:52 PM

idiots…

cmsinaz on July 30, 2012 at 4:57 PM

What return did the bond holders at Chrysler?

tom daschle concerned on July 30, 2012 at 4:58 PM

CurtZHP on July 30, 2012 at 4:51 PM

I was responding solely to the comments that 95% of rank and file dems are exempt (a quip about them all being on welfare, of course). So I responded that the GOP has their own ready made non-tax-paying constituency: seniors.

ernesto on July 30, 2012 at 5:08 PM

ernesto on July 30, 2012 at 5:08 PM

I was not referring to welfare recipients. It’s a given they pay no income tax. As for seniors being a wholly owned non-tax-paying constituency of the GOP, that’s laughable on its face. If they were guaranteed GOP voters, the dems wouldn’t spend so much time and energy trying to scare them every election cycle.

What ever gave you the idea that seniors are automatic Republicans? Your cranky old neighbor tell you to get a haircut and a job?

CurtZHP on July 30, 2012 at 5:19 PM

So I responded that the GOP has their own ready made non-tax-paying constituency: seniors.

ernesto on July 30, 2012 at 5:08 PM

Seniors ,
as in seniors who have worked all their lives, paid their taxes and paid into the system ,
the same system which is going broke because it gives out many times over the ammount it collects,
to those who never pay a dime into that system?
Those like illegals and welfare moochers, you know
OBAMA VOTERS

burrata on July 30, 2012 at 5:26 PM

Thanks to OBOZO and the d-cRAT socialists, nearly HALF OF THE US doesn’t any federal income tax and most of those even get money from the government via refundable tax credits. So MOST AMERICANS pay ZERO or a NEGATIVE tax rate that well beats anything that Romney pays.

TeaPartyNation on July 30, 2012 at 5:30 PM

I need to petition for a better grade in Calculus.

In my second year of college, I needed a math class. I had taken Calculus I/II as a senior in high school, so I figured Third semester Calc would be a snap.

I worked much harder in the class than thosestudents from the Math track…that being the case, my C- should be adjusted (for fairness) to a B.

socalcon on July 30, 2012 at 6:16 PM

Seniors, as in seniors who have worked all their lives, paid their taxes and paid into the system, the same system which is going broke because it gives out many times over the amount it collects,…

burrata on July 30, 2012 at 5:26 PM

The thing about paying social security taxes — On investments one normally expects a ROI. From my personal SS contributions the ROI should be about $1,000,000 resulting in about $40,000 / yr, or about twice what SS actually pays.

Dasher on July 31, 2012 at 7:57 AM

DEMOCRAT: The SLOTH AND ENVY party!!!

landlines on July 31, 2012 at 11:25 AM

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