Romney's First Day in Britain: he insults Britain and London Olympics

[Danzig]

Originally Posted by Clip-Clop;879392[B

]% means nothing[/b], all measurements of this nature should always be in dollars. If I paid 50K last year and you paid 35K, I paid more, the % SHOULD be irrelevant to that discussion. The progressive tax rate is the right system but it needs some serious tweaking before it can work right.
The highest tax bracket is not that big of a number in a two income home near a major city.

i disagree. when you compare tax payments, if i pay a higher percentage of my income than you, than i paid more in taxes in relation to income.
if someone makes 10 times more than me, that doensn't correlate to ten times more in taxes.
dollar wise, romney may have paid more. but in relation to income, who paid more? obama surely makes nowhere near what romney makes per year.
if he made 80% less, than 'fair' would dictate 80% less in taxes. is that the case? that's what i'm asking, because i don't know. but it doubt it. but since dell asserts it's a fact, i'd like to see the numbers.

[Danzig]

http://news.yahoo.com/romney-tax-pla...130529619.html

an article on romney's tax plan. note the percentages, and who would benefit.

[Clip-Clop]

Originally Posted by Danzig

http://news.yahoo.com/romney-tax-pla...130529619.html

an article on romney's tax plan. note the percentages, and who would benefit.

I do not really agree with Rombo's plan either. Certainly know Obamas plans won't work (proof is in the history 2008-2012 and 1976-1980). Don't care much for Congress, can't say I really like the Senate at all. Supreme Court is kind of a joke too.

[Danzig]

Originally Posted by Clip-Clop

I do not really agree with Rombo's plan either. Certainly know Obamas plans won't work (proof is in the history 2008-2012 and 1976-1980). Don't care much for Congress, can't say I really like the Senate at all. Supreme Court is kind of a joke too.

yeah, i don't like this one. don't like him saying he wants the banking regulations they recently added to be removed either. rich paying less than ever, and he wants to cut it more. also don't like him saying he wants to grow the DofD. it's already huge. we need to step back, rethink our deployments. need a real retrenchment in that area-but it won't happen.
saw yesterday that ceo's are 4-1 in favor of romney-that ought to tell you something too.
house dems voted to keep the bush/obama tax cuts on everyone except the top level. house reps want it continued for everyone. i'd rather they let them expire than keep them all. guess we will see.

[Clip-Clop]

Originally Posted by Danzig

i disagree. when you compare tax payments, if i pay a higher percentage of my income than you, than i paid more in taxes in relation to income.
if someone makes 10 times more than me, that doensn't correlate to ten times more in taxes.
dollar wise, romney may have paid more. but in relation to income, who paid more? obama surely makes nowhere near what romney makes per year.
if he made 80% less, than 'fair' would dictate 80% less in taxes. is that the case? that's what i'm asking, because i don't know. but it doubt it. but since dell asserts it's a fact, i'd like to see the numbers.

The scale slides very rapidly when dealing with large incomes.
We are only using income taxes as the primary factor in the equation and that is a problem. If you make 200K a year, it is likely that the person making 10x that number is paying 10x the taxes (in $) when you factor in all tax paid vs. just income tax.

[Danzig]

Originally Posted by Clip-Clop

The scale slides very rapidly when dealing with large incomes.
We are only using income taxes as the primary factor in the equation and that is a problem. If you make 200K a year, it is likely that the person making 10x that number is paying 10x the taxes (in $) when you factor in all tax paid vs. just income tax.

also likely that the tax code (which needs reforming) helps out those at the top as well. of course it does-everything in congress is lobbied for by the very rich, of course everything will be done for their favor.

[Clip-Clop]

Originally Posted by Danzig

also likely that the tax code (which needs reforming) helps out those at the top as well. of course it does-everything in congress is lobbied for by the very rich, of course everything will be done for their favor.

and there you have it.

[bigrun]

Stewart covers Romney's trip to Britain,Poland and Israel...


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