sTNOTE: romney:Wed May 16, 2012 8:59am22.214.171.124"This very top income group actually has a lower average effective income tax rate than the rest of the top 1 percent of returns because these extremely high-income returns are more likely to have income from capital gains and dividends, which are typically taxed at lower rates."
"Romney paid a lower tax rate than many middle-class Americans: Romney’s returns reveal that he paid an effective tax rate of 13.9 percent
Romney paid almost nothing in payroll taxes: Romney contributed just .1 percent of his income to Social Security and Medicare in 2010 via the payroll tax because the tax is only assessed on earned wages, but all of Romney’s income came from investments. Most working Americans pay 7.65 percent.
Romney has accounts in countries notorious for tax dodging: By now, it’s well known by now that Romney invests in funds based in the Cayman Islands, but Romney’s returns were “crammed with information about foreign holdings” and reveal that he held accounts in Switzerland and Luxembourg, countries famous for hiding money thanks their low taxes and strict banking secrecy laws. Aides said he closed his Swiss account in 2010 because it might have been “politically embarrassing.
Romney and Gingrich’s tax plans would slash Romney’s taxes: Romney already pays less than many middle class Americans, but under his proposed tax plan, his rates would be slashed in half."
- Top "fifth" is top 20%. Top 1% pay much LESS, sT, Tue May 15 10:00pmIDIOT!
- NOTE: romney: sT, Wed May 16 8:59am
- Prove it. SES, Wed May 16 6:11amYou're wrong. Again. As usual. Moron.
- 1/5 = 20%; math too hard for u. sT, Wed May 16 8:26amSo is thinking; if ROYALIST FIXEDnewsCORP doesn't SPOON FEED U, U are LOST!
- Prove it. SES, Wed May 16 9:46amProve that "Top 1% pay much LESS". You won't be able to. Because the top 1% pay much MORE. As usual, you have NO friggin' idea what you're talking about, you moron.
- When U find a link to what EFFECTIVE Tax RATE the top sT, Wed May 16 11:05am1% of income pay in ALL Federal Income & Payroll Taxes vs those who make $100,000 - $200,000/yr. (UPPER MIDDLE Class in CA), U let me know. Actually I would call it UNfair if the top 1% pay an... more
- It's all about "TOTal TaX BUrdeN". SES, Wed May 16 11:37amhttp://www.ctj.org/pdf/taxday2011.pdf Total Federal, State, and Local Tax Burden as a percentage of income: Top 1%: 30.0% Bottom 99%: 27.9% Bottom 20%: 16.2% Generally, 30% > 27.9% > 16.2%. You can... more
- STILL, Anonymous, Wed May 16 4:45pmEven the site says: The total effective tax rate for the richest one percent (30.0) is only about five percentage points higher than the total effective tax rate for the middle fifth of taxpayers.... more
- Liar. SES, Wed May 16 8:57pmsT: "Top 1% pay much LESS". Liar. They pay MORE. Go f*ck yourself, you ignorant dishonest piece of filth.
- .01% pay less; now prove THAT wrong, u sT, Wed May 16 10:39pmtax payer WASTE of $. How dishonest is it to get a gov. check why playing on the Internet? "Go f*ck yourself, you ignorant dishonest piece of filth." Do they know the filthy language U use at work? U ... more
- Proved that you're a liar. SES, Thu May 17 5:51amGo ahead. Keep spewing that lie that the top 1% pay much less. You have no credibility. You have no intelligence. All you have is a bad case of utter insanity.
- How much lower was it? Enough to justify U playing on the sT, Thu May 17 11:19amInternet WASTING Tax Payer $ while drawing your local government pay check WHINING about government WASTE? What an IDIOT U are! & a P.O.S.
- It's NOT lower. They pay MORE. SES, Thu May 17 12:27pmGet this through your fat ignorant head. The top 1% pay MORE, and NOT "much LESS", as you so stupidly and ignorantly stated. Liar.
- How much higher? Enough to justify U playing on the Internet sT, Thu May 17 2:53pmduring YOUR GOVERNMENT PAID WORK TIME? SERIOUSLY, IF YOUR SOURCE IS CORRECT & IT IS SLIGHTLY MORE; IT SURE AS HELL ISN'T NEAR HIGH ENOUGH, AND THE HIGHEST KICKS IN WAY TOO LOW, TO CATCH WAY TOO MANY... more
- SEE? Works up & he just quits PLAYING w/TAX$ here. sT, Thu May 17 9:44pmWhat a CLOWN!
- How much lower was it? Enough to justify U playing on the sT, Thu May 17 11:18amInternet WASTING Tax Payer $ while drawing your local government payment check WHINING about government WASTE? What an IDIOT U are! & a P.O.S.
- When U find a link to what EFFECTIVE Tax RATE that the top sT, Wed May 16 11:03am1% of income pay in ALL Federal Income & Payroll Taxes vs those who make $100,000 - $200,000/yr. (UPPER MIDDLE Class in CA), U let me know. Actually I would call it UNfair if the top 1% pay an... more
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