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Old 09-24-2012, 05:00 PM
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dellinger63 dellinger63 is offline
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Originally Posted by Danzig View Post
WASHINGTON (Reuters) - U.S. Republican presidential candidate Mitt Romney said he thinks it is "fair" that he pays a lower tax rate on his investment income of $20 million last year than someone who made $50,000 annually.

"Yeah," Romney said in an interview aired on Sunday on the CBS television show "60 Minutes," when he was asked if he thought his relatively low rate was fair.
Maybe because he's already paid income tax on the money the first time around and every year after?

BTW Tell that 'someone' who made $50K last year to save as much as possible as he will be able to pay a lower rate on investment income than he does on straight income.
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Old 09-24-2012, 05:06 PM
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jms62 jms62 is offline
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Maybe because he's already paid income tax on the money the first time around and every year after?

BTW Tell that 'someone' who made $50K last year to save as much as possible as he will be able to pay a lower rate on investment income than he does on straight income.
If someones sole income is investments then every dollar gained is the first time around.
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Old 09-24-2012, 06:06 PM
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dellinger63 dellinger63 is offline
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If someones sole income is investments then every dollar gained is the first time around.
Unless he picked his investment money off a tree it was taxed as income whether it be him or his father. Cigarette taxes have been raised thru the roof to prevent people from smoking. Wonder what raising taxes on investment income will do?

Of course this is the hidden plan Obama has publically stated before. Re-distribution of wealth and not just in the U.S. but worldwide.
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Old 09-24-2012, 06:10 PM
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Riot Riot is offline
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Of course this is the hidden plan Obama has publically stated before. Re-distribution of wealth and not just in the U.S. but worldwide.
I call BS on your massive lie. Quote where Obama has stated anywhere a plan to redistribute wealth, either nationally or internationally.

By the way - if Obama is stating something "publicly" where everyone can read it, it's not a "hidden" plan - just sayin' LOL
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