Mitt Romney will be on the front row at the State of the Union address.

Mittens thought he could drop his tax returns today and the discussion would be lost amidst all the SOTU stuff. Actually, he will serve as the perfect "1%er prop" for POTUS.

that's how he should be framed from now on.

and there are many others in this country who live on interest income...many who worked hard for years...are they tax cheats?

The issue is how Mittens got that money...canibalizing businesses and jobs to enrich himself and his "investors".

His tax rate spotlights the disparity of the system...he becomes the poster boy as to why we should repeal the boooosh tax breaks for the rich once and for all and revisit how capital gains are taxed. Personally, I'd go for a 15% for those with an adjusted income of 100k or less and then 20% to 500k and 30% for those with over one million.

Do you believe retirees who live on interest only (along with SSI) are not moral or ethical?

There are plenty of questions about Mittens "ethics" when it comes to how he earned the money in the first place (Bain) but the fact he's living off of interest only shows not his ethics but those of several decades of Congresses that have lowered tax rates that were purposely designed for the wealthy to exploit.

Absolutely.

I would question why American banks that employ Americans aren't good enough for Mitt Romney.

Why does Mitt Romney not support America?

At least that's what I'm hoping happens...that President Obama can turn Mittens Gecko into the poster boy of what the past 30 years of "deregulation" and greed has brought.

I'm convinced that Mittens thought that he wouldn't have to open up the books...or that he could deflect attacks on not just his wealth but how he earned it. We're seeing this is a real glass jaw...not only for those of us on this side of the sandbox but people in his own corrupt and inept party. Nobody likes this douchenozzle.

A year ago who would have known what an LBO or Venture capitalism was and how it affected this country. Thanks to Rmoney, he'll have everyone talking about it as long as his candidacy is viable.

Why should capital gains be taxed at a lower rate?

That's long been the right wing line why we should get rid of all capital gains. Supposedly this is money that you earned through wages or other forms of income (taxed at the 25 or 30 or 35 percent rate) and that you shouldn't have to pay any additional tax on that money if you choose to invest it and earn interest with it. A tax on a tax they say. Of course this ignores that once you reinvest and get a return on that money, it is new income. But just like other right wing games, they end when it requires them having to be responsible.


Many elderly live on interest income...their pensions. I favor them continuing to pay a lower rate as long as the amount earned is less than 100k a year. I'd raise the rate for those earning more...

Represents the 1% with gusto.