General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThey can throw 'class warfare' and 'envy' in our faces when we complain
. . . but Romney making $20 million-plus a year off of 'investment' income is just obscene. I just feel sick when I think about it and reflect on just how hard I work for next to nothing.
I wonder if the workers at the companies Romney's touting as his 'creations' are anywhere as prosperous as he is off of their labor? Of course not. It's disgusting. His taxpayer-enabled excess is an example of the worst of America.
jberryhill
(62,444 posts)It's Mitt Romney's spectacular and inspirational lifestyle which provides purpose and meaning to all that labor.
If you divided that all up by a lower range of proportions, nobody would be able to live the kind of life where they can dabble at trying to become president. And that's what America is all about! Are you against America? Do you think we should all just live like a wretched hive of European socialists? No! Of course not.
Now, look at the things you poor people get that Mitt Romney doesn't get. He doesn't have a job, but he doesn't get unemployment! He doesn't get food stamps. He doesn't get to send his kids to free schools where they get free lunches.
If anything, the working poor should reimburse Mitt for all those things he paid for with 15% of his income, which is a lot of money. Especially when he already gave more than 10% to a well known charitable organization.
Willard's been tearing down his own multimillion dollar homes and rebuilding them, just to provide a few extra jobs for the economy. Ungrateful, I am.
jberryhill
(62,444 posts)We might use the whip next time.
socialist_n_TN
(11,481 posts)For a VERY long time, it was more of a class massacre than a class war.
bigtree
(85,986 posts)from the SOTU: http://abclocal.go.com/wpvi/story?section=news/politics&id=8517683
. . . We need to change our tax code so that people like me, and an awful lot of Members of Congress, pay our fair share of taxes. Tax reform should follow the Buffett rule: If you make more than $1 million a year, you should not pay less than 30 percent in taxes. And my Republican friend Tom Coburn is right: Washington should stop subsidizing millionaires. In fact, if you're earning a million dollars a year, you shouldn't get special tax subsidies or deductions. On the other hand, if you make under $250,000 a year, like 98 percent of American families, your taxes shouldn't go up. You're the ones struggling with rising costs and stagnant wages. You're the ones who need relief.
Now, you can call this class warfare all you want. But asking a billionaire to pay at least as much as his secretary in taxes? Most Americans would call that common sense.
We don't begrudge financial success in this country. We admire it. When Americans talk about folks like me paying my fair share of taxes, it's not because they envy the rich. It's because they understand that when I get tax breaks I don't need and the country can't afford, it either adds to the deficit, or somebody else has to make up the difference- like a senior on a fixed income; or a student trying to get through school; or a family trying to make ends meet. That's not right. Americans know it's not right. They know that this generation's success is only possible because past generations felt a responsibility to each other, and to their country's future, and they know our way of life will only endure if we feel that same sense of shared responsibility."
text of SOTU: http://abclocal.go.com/wpvi/story?section=news/politics&id=8517683
Amonester
(11,541 posts)Glad to hear it from the President, though.
Thing is, he may already know NOTHING will be done.
KrazeeKrewe
(34 posts)Last edited Fri Jan 27, 2012, 06:24 PM - Edit history (1)
I don't care what narrative any party or media puts on our situation, the bottom line the USG socialized the rich & bankers. Many of the largest companies & their unions got secretly bailed out with a $16.115 TRILLION secret bailout. This was robbed from the citizens over many years as they made bad loans driving down the value of our wages. Those trillions should have been handed out back to the citizens who are the victims of this scheme & not the bankers who caused this mess. The citizens would have deposited this money in the banks or spent it stimulating the economy. At least the money would be in our named accounts instead of the bankers who screwed us in the first place.
Bailed-out Zombie Banks have screwed the people of Japan for 20 years. Now they are screwing US with the same exact scheme. I will not vote for any asshole who continues this policy. This money must be taken back from these companies or give the rest of us the same amount. And don't tell me they paid it all back. That is a load of crap. The Fed's balance sheet is stacked full of bad paper from these corrupt crony capitalist. Paying back $700 billion of $16.115 trillion is not a payback, it just covers the interest they owe us.
Just in case you were wondering: $16.1 trillion divided by the US population is $52,000 each or $160,000 per household. That would have saved most everyone from foreclosure.
Any Freaking Questions????????????????
Source: GAO analysis of Federal Reserve System data. GAO-11-696 Federal Reserve System.