Showing posts with label Income Tax. Show all posts
Showing posts with label Income Tax. Show all posts

Wednesday, January 25, 2012

Oh Mittsy! You're Just Like Me!!

Let's make this perfectly queer: I don't begrudge Mitt Romney, or anyone for that matter, being a millionaire or a billionaire or even a kajillionaire. But, what pisses me off about Mittsy is his constant "I'm just like you" attitude.
It ain't workin', Mittsy. Especially now that your tax returns have been released and we can all see just how unlike us you are:
  • Mitt Romney earned $21.7 million in 2010....just like me.
  • Mitt Romney earned $20.9 million in  2011.....just like me.
  • Mitt Romney paid a lower tax rate [13.9%...less than the 15% he originally claimed] than many middle-class Americans....just like me. 
  • Mitt Romney's tax rate was also well below what other wealthy people pay, which is 25%...just like me.
  • Mitt Romney makes more in a day [more than $33,000 in a day] than the average American makes in a year, and becomes a 1 percenter every week...just like me.
  • Mitt Romney paid almost nothing [0.1%] in payroll taxes because the tax is only assessed on earned wages; most working Americans pay 7.65 percent....just like me.
  • Mitt Romney has accounts in the Cayman Islands, Switzerland, and Luxembourg, countries notorious for tax dodging....just like me. [Aides said he closed his Swiss account in 2010 because it might have been “politically embarrassing.”]
  • Mitt Romney's [and Newt's] tax plans would slash Romney’s taxes to less than half what he pays now....just like me.
Now, let me say again, I don't begrudge Romney being a millionaire. I do, however, take issue with his lies that he's "just like me" and that he was also "unemployed" last year. I also take issue with the fact that if Mittsy Romney, or Newt Gingrich, get elected in November, they'll be looking out for their own.
But hey, that's just like me.


source

Thursday, January 19, 2012

Open Mouth, Insert Very Expensive Shoe

I'm thinking of asking Mitt Romney if really expensive shoes taste better than, well, say, PayLess shoes. I mean, he would know, right, having spent so much time putting his foot in his mouth.
Down here in South Carolina, where we cheer racism and boo Mexico, Mitt has finally announced that his tax rate is roughly about, oh, give or take, right around there, in the neighborhood of, hem, haw, 15%. Which is less than most middle class Americans.
Worth $250 million and he pays less in taxes than a single worker who, say they earn about $35,350 a year, pays 25% in taxes; families that earn less than $100,000 per year pay more than that.
Oh Mittsy, out of touch much.
But, after taking his foot from his mouth, Mittsy puts it right back in, and says his only "real" income last year--besides the millions he made from investments--came from monies he earned from speaking engagements, and it wasn't really that much.It was, in fact, $374,327.
Here's Mittsy: "[My tax rate is] probably closer to the 15 percent rate than anything. For the past 10 years, my income comes overwhelmingly from investments made in the past, rather than ordinary income or earned annual income. I got a little bit of income from my book, but I gave that all away. Then, I get speakers fees from time to time, but not very much."
And remember, this nearly 400k in speakers fees was earned while he was campaigning for president and "jokingly" said that he was also unemployed. 
Mittsy is the 1%. He will fight for the 1%.
Don't let his smarminess fool you.


source

Monday, January 09, 2012

Thursday, April 21, 2011

We Don't Pay No Stinking Taxes

from MoveOn:
 
So, on April 15, or maybe April 18, since we had a little holiday in there, Americans, most Americans, paid their, ahem, fair share of taxes.
Right?
Well, not really. Some Americans, or American corporations, thanks to corporate tax cuts and loopholes, paid little or no taxes.
Seriously. Take a look: