HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Jon Stewart To Romney: Ho...

Wed Jan 25, 2012, 06:51 PM

Jon Stewart To Romney: How Do You Justify Making $57,000 A Day?

"How in the world do you, Mitt Romney, justify making more in one day than the median American family makes in a year -- while paying the same tax rate as the guy who scans shoes at the airport?"

VIDEO & MORE:
http://www.huffingtonpost.com/2012/01/25/jon-stewart-takes-on-mitt-romney-tax-return-video_n_1230530.html

24 replies, 3605 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 24 replies Author Time Post
Reply Jon Stewart To Romney: How Do You Justify Making $57,000 A Day? (Original post)
kpete Jan 2012 OP
unblock Jan 2012 #1
Canuckistanian Jan 2012 #3
They_Live Jan 2012 #2
Sparkly Jan 2012 #4
shireen Jan 2012 #6
deacon Jan 2012 #5
arely staircase Jan 2012 #7
Initech Jan 2012 #8
sarcasmo Jan 2012 #9
SammyWinstonJack Jan 2012 #15
Kellerfeller Jan 2012 #10
EOTE Jan 2012 #11
TBF Jan 2012 #13
Kellerfeller Jan 2012 #14
ieoeja Jan 2012 #19
Kellerfeller Jan 2012 #20
EOTE Jan 2012 #22
SammyWinstonJack Jan 2012 #16
EOTE Jan 2012 #23
Kellerfeller Jan 2012 #24
TBF Jan 2012 #12
Uncle Joe Jan 2012 #17
Bandit Jan 2012 #18
sabrina 1 Jan 2012 #21

Response to kpete (Original post)

Wed Jan 25, 2012, 07:17 PM

1. hey, his money works hard for the money!

it's not easy hanging out in the caymans all the time!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to unblock (Reply #1)

Wed Jan 25, 2012, 08:44 PM

3. As Rachel Maddow says

His money likes the warm tropical breezes of the Caymans. It's not there for the tax shelter!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Wed Jan 25, 2012, 08:40 PM

2. Actually

The guy scanning shoes at the airport probably has a much higher tax rate.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Wed Jan 25, 2012, 08:53 PM

4. The more zeros at the end of his portfolio numbers, the more jobs he's creating.

Doesn't everybody know that? Numbers in rich people's account statements make jobs spring up out of nowhere. It's magic.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Sparkly (Reply #4)

Wed Jan 25, 2012, 10:39 PM

6. i've heard of that, it's called the tinkle-down economy! nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Wed Jan 25, 2012, 09:53 PM

5. K + R

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Wed Jan 25, 2012, 10:54 PM

7. important men in quiet rooms need to be compensated nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Wed Jan 25, 2012, 11:08 PM

8. This is the *LAST* guy we want fixing the economy!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Wed Jan 25, 2012, 11:08 PM

9. More in a day than we make in a year,

he has no soul.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sarcasmo (Reply #9)

Thu Jan 26, 2012, 03:04 PM

15. More in a day then we collect (SSDI) in 2+ years. My son makes around 21k, so almost three yrs for

him.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Thu Jan 26, 2012, 02:51 PM

10. It's hard for me to get excited about this meme considering

 

Stewart makes as much in a day as the median family makes in a month and Letterman makes more than Romney did.

http://nymag.com/guides/salary/14497/index1.html

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Kellerfeller (Reply #10)

Thu Jan 26, 2012, 02:53 PM

11. Uhhh, but they pay far more in taxes than Romney does.

NOBODY is saying that you can't make obscene amounts of money, they're just saying that you should pay an appropriate tax rate on it. Romney paying a smaller percentage in taxes than I do is utterly sickening to me.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to EOTE (Reply #11)

Thu Jan 26, 2012, 02:54 PM

13. "NOBODY is saying that you can't make obscene amounts of money" -

and that is one thing that is very wrong with this country.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to EOTE (Reply #11)

Thu Jan 26, 2012, 03:02 PM

14. Two questions

 

A) Do you even know Letterman or Stewart's effective tax rate? If not, how can you make that claim?

B) Since you brought it up, what is your effective tax rate? With the kids, mortgage, and education tax credit, I'm sure I'm below 10% (I haven't done my taxes yet this year)

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Kellerfeller (Reply #14)

Thu Jan 26, 2012, 05:24 PM

19. Stewart is not trying to change the tax code so he pays roughly 0%. Romney is.

 


Republicans have advocated 0% capital gains tax, 0% inheritance tax and 0% dividend tax. They only want to tax people who have to work for a living.

Romney favors that. He would then only pay taxes on his speaking fees bringing his effective tax rate on all income down to approximately 0%.

Stewart does not favor that. So that is the difference.


And with one small business, a full-time job, a house and no children, I paid 19% effective tax on my income last year.


Reply to this post

Back to top Alert abuse Link here Permalink


Response to ieoeja (Reply #19)

Thu Jan 26, 2012, 05:34 PM

20. Not true

 

I didn't know his position on it. So I looked it up.

http://www.issues2000.org/2012/Mitt_Romney_Tax_Reform.htm

This says he wants to remove the capital gains tax for those making less than $200K. That is neither him nor Stewart.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Kellerfeller (Reply #14)

Thu Jan 26, 2012, 06:09 PM

22. I can't imagine either of their tax rates are less than 15%.

If they are, I'm sure Stewart will be in a world of hurt because of it.

As to my effective tax rate, I'd imagine it's around 16%, but that's just an educated guess.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to EOTE (Reply #11)

Thu Jan 26, 2012, 03:07 PM

16. No body is saying that you can't make obscene amounts of money. Well some body SHOULD! Obscene

amounts of money from shuffling money around and other useless non productive 'jobs' is what is wrong with this counrty and the World in general.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to SammyWinstonJack (Reply #16)

Thu Jan 26, 2012, 06:10 PM

23. I would agree with that.

But I don't think that's an issue that this country is quite ready to take up as of now.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to SammyWinstonJack (Reply #16)

Thu Jan 26, 2012, 06:26 PM

24. I would argue that actors, entertainers

 

sports figures, etc also make far more than they should. I mean seriously, $30M for Letterman?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Kellerfeller (Reply #10)

Thu Jan 26, 2012, 02:54 PM

12. And that makes it all better?

FWIW though I don't blame Romney, Stewart or Letterman - they are just doing what is expected under our economic system. It is time for capitalism to go.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Thu Jan 26, 2012, 03:23 PM

17. Kicked and recommended.

Thanks for the thread, kpete.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Thu Jan 26, 2012, 03:27 PM

18. Your title is out of context..

It isn't making $57,000 a day that Stewart was contesting it was the tax rate he paid on that money...

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kpete (Original post)

Thu Jan 26, 2012, 05:38 PM

21. Does anyone know what he spends all that money on? Does he give to any charities eg?

It IS obscene especially when you consider how he made the money.

So long as the labor that makes it possible for people to actually survive, that provides for the basic needs, his included, that people have, is not regarded as valuable, but people betting on the stock market are highly regarded this is what we g?et.

What is more valuable to a society, a teacher, a nurse, a construction worker, a mechanic, eg, or a stock broker? Which one could we do without and still survive? And how many like Romney could take care of themselves if they suddenly lost all their money?

It is a totally out-of-balance system, but then hasn't it always been that way throughout history?

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread