Mitt Romney Video (Page 4)

Mitt's new press photo does not portray him that favorably

As for insensitive what do you call the Obamas' multiple overseas vacations while people are struggling to make ends meet?  One hotel was $3500 a night...

He traveled the world, went to college, started organizing communities... became a Senator.... made his first million off a book... didn't work one honest day in the Senate. Campaigned for two years, now is President. When he retires he will have full pension for the rest of his life. He will go to the speaker circuit, make a $100,000 dollars or more for a one hour talk, sell a few more books, do some interviews and never worry about another penny for the rest of his life. He will enjoy the benefits of his Office of around the clock security and health care for his entire family  that is head and shoulders above anything me and you will ever have access to.

What exactly does Obama have in common with the common working men and women of the middle calss??? HE IS a 1%er!!!

Really? 

Mitt's new press photo does not portray him that favorably

Enough!

Really!!!!

You think so?

I should have gone with all caps to start.

I'm just guessing here, but I would think when you're the President - ANY President, and you go on vacation...  The Secret Service pretty much takes up the entire floor/wing for security purposes.  There's a massive entourage of security, Secret Service, administrative staff, etc. that has to come along as well.  I would be shocked that it's only $3,500 per night.  They practically had the entire city of Charlotte here locked down during the DNC when the President got here.

I don't see a difference.  Yes, my tax dollars pay for these things, and at a far higher rate than many, including Mr. Romney (I'd love to pay only 13% of my income in taxes).  Sure my tax dollars fund these things, but if not for a government to collect those taxes and use them for those things, we would not have them.

Now, we certainly can quibble over how much each person should pay, or what the money should be spent on, but to suggest that you or anyone else isn't prosperous in part because of what the govt provided for you (if nothing but a safe environment in which to run your business) is just plain nonsense.  

You and anyone else who built a business or was successful in life generally worked hard to get there (Mr. Romney and myself included) couldn't have done so without hard work AND an atmosphere that allowed them to succeed, which in my case included my father's salary as an Economist for the govt, the schools I attended, the police who kept my home and business safe, the military who protected my country, etc., etc., etc...

Just to clarify, he doesn't pay 13% on his income.  13% is a blended rate between his income tax rate and his capital gains (plus deductions).  Romney likely pays the top % in the income category. You could do the same if you were willing to invest in the markets.

As for the rest, we can agree to disagree

Not according to the video of the debate last year where he asked for clarification from Newt Gingrich on getting rid of Capital Gains taxes and then went on to say "Then I would have paid no taxes for the last two years.." 

http://www.politico.com/blogs/burns-haberman/2012/01/romney-i-wouldnt-pay-taxes-under-newt-plan-111988.html

So to me that means that he likely pays little to NO income tax.

Wouldn't that make him part of the 47% who pay no income tax?

lol

Not according to the video of the debate last year where he asked for clarification from Newt Gingrich on getting rid of Capital Gains taxes and then went on to say "Then I would have paid no taxes for the last two years.." 

http://www.politico.com/blogs/burns-haberman/2012/01/romney-i-wouldnt-pay-taxes-under-newt-plan-111988.html

So to me that means that he likely pays little to NO income tax.

His 2010 tax return lists:

• Income: $21,661,344
• Capital Gains Income: $12,573,249
• Dividend Income: $3,327,678
• Adjusted Gross Income: $21,646,507
• Itemized Deductions: $4,519,140
• Charitable Donations: $2,983,974
• Taxes Paid: $3,009,766
• Effective Tax Rate: 13.9%

The estimated 2011 return:

• Income: $20,908,880
• Capital Gains Income: $10,700,179
• Dividend Income: $1,905,753
• Adjusted Gross Income: $20,901,075
• Itemized Deductions: $5,688,179
• Charitable Donations: $4,020,572
• Taxes Paid: $3,226,623
• Effective Tax Rate: 15.4%

I believe his "I'd pay no taxes" comment was a bit of an exaggeration to refute Newt due to the difference between his GG and income levels.

I would not call $3million, "no income tax"

 And Josh is right... Vote Gary Johnson...

Look, he chose he words poorly, no doubt.  However when he refers to the 47% he's talking about the percentage of voters that he's never going to reach.  When he says "it's not my job to care about them" he means it's not his job as a candidate to try to sway them.  He needs to focus on the swing votes in the middle.

Does it still "sound" bad?  I guess.  But it's not the meaning that the media is trying to portray it as.

As for insensitive what do you call the Obamas' multiple overseas vacations while people are struggling to make ends meet?  One hotel was $3500 a night...

Thanks for the info. My point still stands though that if someone was earning capital gains only, they are part of the 47% who he is lumping together. Which is why the topic of 47% pay no income tax is much more complex than they are loafers.

I am quite willing to invest in the markets, but my money is all tied up in children.

So there is this.  Again, another left leaning blog, but pulls info from the non-partisan Tax Foundation.

http://www.addictinginfo.org/2012/09/17/fact-checked-romneys-47-of-non-taxpaying-americans-from-red-states/