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pa28

(6,145 posts)
Sat Aug 11, 2012, 10:01 PM Aug 2012

Mitt Romney Would Pay 0.82 Percent in Taxes Under Paul Ryan's Plan

Every heard the term "class warfare"? They say we have to raise taxes on the middle class and gut Medicare and SS to pay for Romney's 1% tax rate.

Disgusting.

"Romney would have paid an effective tax rate of around 0.82 percent under the Ryan plan, rather than the 13.9 percent he actually did. How would someone with more than $21 million in taxable income pay so little? Well, the vast majority of Romney's income came from capital gains, interest, and dividends. And Ryan wants to eliminate all taxes on capital gains, interest and dividends."

http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/

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Mitt Romney Would Pay 0.82 Percent in Taxes Under Paul Ryan's Plan (Original Post) pa28 Aug 2012 OP
No wonder the rich think Ryan is "intelligent." aquart Aug 2012 #1
And 90% on much of it in my plan. Curmudgeoness Aug 2012 #2
Ironically fainaent Aug 2012 #3
Mitt's own plan is slightly more progressive. pa28 Aug 2012 #5
If Mitt(ifmit?) won, fainaent Aug 2012 #6
True. He chalked up a moderate record in Massachusetts. pa28 Aug 2012 #7
In his own words, he's an "extreme conservative". Scuba Aug 2012 #8
Let's say for moment he's centrist, then why the hell is he selling out to greedy right wing bigots? Hoyt Aug 2012 #9
Exactly. pa28 Aug 2012 #10
K&R gollygee Aug 2012 #4

aquart

(69,014 posts)
1. No wonder the rich think Ryan is "intelligent."
Sat Aug 11, 2012, 10:03 PM
Aug 2012

As opposed to the shortsighted dimtwit he really is.

Curmudgeoness

(18,219 posts)
2. And 90% on much of it in my plan.
Sat Aug 11, 2012, 10:04 PM
Aug 2012

Extreme times lead to extreme solutions. If it was good enough for WWII, it is good enough for "the worst economic times we have faced" as they call this.

 

fainaent

(51 posts)
3. Ironically
Sat Aug 11, 2012, 10:41 PM
Aug 2012

Mitt's own plan would only eliminate capital gains taxes on people with AGI under $200,000.

I think Mitt feels, for some reason, that he has a good enough image with independents, so he is using Ryan to charge the right base in order to get better voter turnout.

pa28

(6,145 posts)
5. Mitt's own plan is slightly more progressive.
Sat Aug 11, 2012, 10:58 PM
Aug 2012

However, if Republicans win big the Ryan plan is going to hit his desk. As some witty person suggested today he's just going to be an autopen for all the extremist legislation Congress will send.

 

fainaent

(51 posts)
6. If Mitt(ifmit?) won,
Sat Aug 11, 2012, 11:02 PM
Aug 2012

I would only hope that he go back to being more moderate, instead of a puppet. Wasn't his record as governor pretty centrist?

pa28

(6,145 posts)
7. True. He chalked up a moderate record in Massachusetts.
Sun Aug 12, 2012, 12:04 AM
Aug 2012

Unfortunately the deal seems to be as follows: Mitt gets to be president but he's just the guy who rubber stamps whatever bill Exxon, Goldman, the US chamber of commerce or the Koch brothers have their lobbyists write.

Here's Grover Norquist:

“We are not auditioning for fearless leader,” Grover Norquist told conservatives at the CPAC convention in February. “We don’t need a president to tell us in what direction to go. We know what direction to go. We want the Ryan budget. … We just need a president to sign this stuff. We don’t need someone to think it up or design it. The leadership now for the modern conservative movement for the next 20 years will be coming out of the House and the Senate.”

 

Hoyt

(54,770 posts)
9. Let's say for moment he's centrist, then why the hell is he selling out to greedy right wing bigots?
Sun Aug 12, 2012, 12:44 PM
Aug 2012

pa28

(6,145 posts)
10. Exactly.
Mon Aug 13, 2012, 12:18 AM
Aug 2012

He had to to ask permission from the LDS to characterize himself as a protector of women's rights. He just wants to be president and he'll say whatever it takes to make it happen.

What a pander bear. Values count and Romney seems to have few outside of his own interest.

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