Romney Says He ‘Probably’ Pays 15 Percent in Fed Taxes

If it is a choice between Romney and Obama, I and many Americans will definitely vote for Obama. We do not want a CEO “vulture capitalists” corporate raider in the white house. Contrary to what Romney touts, the oval office is very unlike running a business.

Sure, he can criticize superpacs in a debate and at the same time love them to the core because it will take a constitutional amendment to get rid of them anyway; something he would not be expected to deliver as a POTUS. So what the heck, sure speak out against them if it’s politically expedient. They are a tautological fact. He’s happy to be a hypocrite on that score. So are his corporate handlers. The mission critical objective is to get elected and kill the health care bill. Not because it’s a bad idea, but because it will upset the profits and status quo in the industry.

And what exactly is your record for job creation over the last 15 years, A Cynic? Have you created over 100,000 jobs? If not, don’t criticize him, he’s done a much better job than you.

(by the way, I’m not going to vote for Romney, and I’ve never voted for a Republican my entire life).

Billionaire Willard Romney II doesn’t want to let the cat out of the bag (how much he made & how little he paid in taxes) until he’s run the the other GOP candidates out of contention. Then he’ll time it just right so that voters have forgotten by November… Romney pays only the lowest 15% rate in taxes because its all non-earned, capital gains income, that Reagan & double doses of Bush provided to the uber-wealthy- rich man’s welfare.

The point is, Romney created Jobs — more than Obama has!

When you create good jobs, it has a spiraling effect: it creates even more jobs for suppliers of
services, material, equipment to these companies.

Here’s Obama’s record of jobs:

Obama CLOSED Hundreds of auto dealerships – Hundreds, if not thousands of JOBS –when he bailed-out G.M.;

Obama not only Lost Half-a-Billion Dollars Loaned to Solyndra – LOST the JOBS TOO;

Obama not only Lost Millions of Dollars Loaned to Evergreen Solar – LOST the JOBS too;

And reports are, there are 11 More “solyndra’s” coming, too…..

Boeing in S.C.- Jobs “on hold”, due to NLRB / Unions trying to Stop it.

He “probably” pays even less than 15%, probably a lot less. Does anyone really believe that this self-proclaimed financial wizard who is so very reluctant to release his tax returns doesn’t know EXACTLY how much he pays in taxes? Politicians all think the voters are stupid and ignorant, and unfortunately they’re not entirely wrong.

“Romney said he “probably” pays only about 15 percent in federal taxes because most of his earnings come from capital gains”.

Now I know why he wants to eliminate federal taxes on capital gains. Also capital gains are not subject to payroll taxes so he would have to pay 0% taxes. Self-serving SOB!!!

Why should someone who risks only their capital pay lower federal taxes than someone who risks their life, military, policemen, firemen, coal miners and on and on?

snewsom2997: “Rich people are not stupid”. No, but you are. For the record, wealthy Democrates who make money from capital gains investments also pay 15%.

Forgot to mention the 100k jobs wages – don’t equal the 10k lost combined … minimum wage “Staples associate” jobs don’t even pay the rent in most places …

There are a couple of things Romney supporters need to take a look at. First, by his own admission, he is paying much less in a tax-per-income-level than the average citizen of this country. The tax loopholes available to the wealthy need to be eliminated, so they will pay their fair share of this country’s taxes. Second, his latest statements pertaining to job growth have no specific outline or plan on how jobs will be created. His statement about stopping US jobs from being ‘stolen by China’ is idiotic. Jobs are going overseas because of cheaper labor and the American consumer’s never ending quest to find the ‘cheapest of cheap’ price. China, India, Sri Lanka, etc. are not the enemy regarding job loss, its the large corporations run by executives like Romney who are ‘managing the bottom line and focusing on stockholder return,’ and think nothing of closing down US operations while paying themselves exorbitant salaries and bonuses. It will be interesting to hear his stand on the tax moratorium being requested by Google, et al, for bringing foreign profits back to the US at a 3% +/- tax rate. No jobs will be created from this proposal, as based on historic review, all major companies did with previous tax moratoriums was pay out large bonuses to executives and by back outstanding stock. If the average citizen of this country lets the tax moratorium occur, we deserve to get gouged while the large corporations and wealthy play the tax dodge ball game.

W O W !

That’s a lot higher than what GE paid last year.
How much does Bama pay?

Bama pays higher NOZ, because he gets a salary.

“Bama pays higher NOZ, because he gets a salary.” – lexingtonlady

Makes Sense.

Obama CLOSED Hundreds of auto dealerships – Hundreds, if not thousands of JOBS –when he bailed-out G.M….Posted by: Paul | January 17, 2012, 11:24 am.

LOL! Another factually challenged Right Winger. First of all, Obama didn’t close anything, you moron. Second of all, the Right’s defense of what Mitt did at Bain – consolidating businesses, eliminating some positions in order to keep the new business going – is exactly what happened at GM and Chrysler once the federal government loaned them the money to stay afloat. Yet when Bain did it, it was OK. “Sometimes you have to cut off an arm to save the body” and all that. When asked about the Detroit auto industry before the government loans, Romney said “Let them go bankrupt”. Which WOULD have killed the Detroit auto industry and a couple million jobs. As it is, and with the loans partly paid back, Obama saved those jobs for a relatively small amount of money.

Democrats might also pay 15% on capital gains, but they champion to raise the tax.

POSTED BY: LEXINGTONLADY | JANUARY 17, 2012, 11:53 AM=====The grand po pa of the dims Bill Clinton says otherwise..

There needs to be an explanation of how this can happen. It could be that he lost money on his estimated $250M net worth. This is entirely possible when the stock market and real estate markets go down. It is also possible losses from the past several years were carried over to offset current income. People with large net worths can lose money!!!!!

except . . . .he doesn’t get food stamps or have the government feed his kids at school. Posted by: Noz | January 17, 2012, 1:11 pm.

As far as you know………

And FYI, not everyone who doesn’t owe federal income tax at the end of the year is on food stamps or government assistance. No matter what the GOP tells you.

As an independent voter who took a chance on president Obama last election there is no way he will get my vote this time. Anybody but him….

ABC and the Military Industrial Complex just want to funnel people’s perception down to their candidate of choice. In other words, we really don’t have real choice to elect who we want and Bush proved that by stealing his election; we know well just get another puppet dictator and according the National Security and Homeland Security Directive or “Executive Directive 51” signed into law May 2007 this makes every subsequent president a dictator. ABC, why don’t you stop selling us down the pike with these war mongers and let Ron Paul have some Photo Opts here along with some media coverage; we’re tired of the illegal wars and dictators and the illegal unconstitutional Federal Reserve making their illegal debt; we all know the Federal Reserve is a complete PONZI Scheme and this Nit Witt Romney is just another fat cat selling us lies! Ron Paul is the real man for the job; he knows what the Fed is and so should you.

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