Romney only pays at a 15% tax rate...wtf

[stirs]

It was a 30 minute discussion without flashy graphics and charts, I doubt Joe Q will tune in for that long. :)

Exactly, the publics appetite for facts is just not there. Spin city on all this.

[TheRealDeal]

Get better at life and you'll be able to pay "less" taxes too

[SamTheRam]

I wish we had a flat tax. The Dems will never let it happen. A flat tax is fair by its very definition. Everybody pays the same damn percentage. You make 100 grand, you pay 17 grand. You make 100 mill, you pay 17 mill. But the libs want to solve the world's problems with your money.

[Ja Rhule]

Looks like Romney uses Cayman Islands as a tax haven for many of his million dollars and who ever believes he transfer his money to Cayman Islands for a convenience is an idiot.

http://news.yahoo.com/details-vast-personal-fortune-trail-romney-075520731.html

[Panthro]

Get better at life and you'll be able to pay "less" taxes too

For those that didn't sleep with the bosses daughter then move into his McMansion it's easier said then done.

You should write a book. If it has pictures in it I'll read it

[g5jamz]

Romney is the posterboy for why we need tax law changes. Why blame him for taking advantage of what's available to him. It's like blaming someone for waiting an extra month for a stock to go long and get the reduced % taxation.

[Ja Rhule]

Romney is the posterboy for why we need tax law changes. Why blame him for taking advantage of what's available to him. It's like blaming someone for waiting an extra month for a stock to go long and get the reduced % taxation.

In other words, if Romney is a president, tax loopholes are not likely to change. So the guy that runs for a president uses the same loopholes that people say are wrong and should be prohibited? I'd be fine if some CEO or private investor did that but not the future president of US. Romney takes money from american families for personal gain.

[Doc Holiday]

I basically don't pay any taxes because what I do pay I get it back at the end of the year, that is with me working 2 jobs and running my own part time business.

you just have to make sure you file everything right, there are ways around everything

[Davidson Deac II]

Fwiw, I think I end up paying a little less than 10% of my income in federal income taxes, thanks to the deductions (mortgage interest, charitable donations etc...) that might go away if we had a flat tax.

[g5jamz]

This could be a Romney moment if he'd grab it and run with it.

Unfortunately...discussions of removing capital gains altogether has been discussed, so his personel income hit wouldn't be impacted.

All profit/income/dividends/etc.... flat tax.

[mmmbeans]

Get better at life and you'll be able to pay "less" taxes too

yes... the world would be a better place if we were all investment bankers.

[g5jamz]

If everyone were investment bankers...they'd have a better understanding about how you don't throw good money after bad.

[mmmbeans]

If everyone were investment bankers...they'd have a better understanding about how you don't throw good money after bad.

i'm not sure that would be the case.

[Zcustom]

Get better at life and you'll be able to pay "less" taxes too

It really is a shame that the knife wielding attacker you encountered wasn't more adept at piercing major organs.