Romney agrees: Tax code too easy on those in his bracket
If actions speak louder than words, then Mitt Romney agrees with Barack Obama that the federal tax code requires too little of rich people like himself.
I don’t know how else to interpret the fact that Romney artificially increased his own taxes in 2011 by taking fewer charitable deductions than he could have. By doing so, Romney’s effective tax rate in 2011 jumped to 14.1 percent, still lower than the rate paid by millions of his fellow Americans.
Absent that step, ABC News reports, “his effective tax rate could have been as low as 10.4 percent.”
And would Romney have taken that step if he wasn’t running for president? Highly unlikely. As the candidate himself told us back in July:
“I don’t pay more than are legally due and frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires.”
So to review:
Romney paid 14.1 percent of his income in taxes, a figure that could have and would have been as low as 10.4 percent if he wasn’t running for office. In contrast, the average effective tax rate paid by his wealthy father back in the ’60s was 37 percent.
Yet Romney continues to insist that wealthier Americans today can’t be asked to shoulder more of the financial burden, even as changes in the global economy continue to concentrate more and more wealth in their hands.
– Jay Bookman
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726 comments Add your comment
godless heathen
September 24th, 2012
12:15 pm
Taking less is not giving.
Giving less is not taking.
Peter
September 24th, 2012
12:16 pm
Hey idiots. I bet that lots of [D] politicians on capital hill made more money than Romney did ??
Well name them…. name caller.
Stevie Ray..Clowns to the Left of me Jokers to the Right, here I am...
September 24th, 2012
12:18 pm
WOW….RICHMAN POORMAN…are here have any original thoughts? Until they change tax code, why is this an issue?
Everybody pays “fairshare” according to IRS…excepting no small shortage of tax cheating elected officials over the years..
Taxing the rich will contribute 2% toward deficit…I think it should happen but who here disagrees with the idea than this amount is not remotely worthy of all the BS commentary..
Once again, President Trillions majors in the minors while welching on most of material promises from 2008..No leadership skills whatsoever…
That Black Guy
September 24th, 2012
12:18 pm
Stevie Ray..Clowns to the left and Jokers to the right..here I am…
September 24th, 2012
9:18 am
PETER,
Can you tell me exactly how many jobs Romney actually offshored or otherwise eliminated?
______________________________________________________________________
Stevie Ray, I’ve seen you ask this question numerous times and have yet to see anything in response other than a snarky/delfecting/smartazz response. Those answers tend to come from regulars here who pride themselves on “fact” supported answers.
And for those afflicted with a hyper active binary gland, I am NOT a Romney supporter. But I think if FACTS are demanded in statements about Obama then FACTS should be required in statements about Romney.
Not thinking that I have to wash the sack of either party affords me that position.
Peter
September 24th, 2012
12:18 pm
The war WAS funded…what it wasn’t was BUDGETED It was paid for by off-budget bills.
Really the WAR has been paid for ? Paid in full you mean and not on the Deficit books ?
Joe Hussein Mama
September 24th, 2012
12:19 pm
Towncrier — “Pollsters are like weathermen: they can predict imminent election results pretty well, but those a month or two in the future not so well. Aside from questions one might have about the continued reliability of polls in the face of increasing technological change, I think to cite them regularly (as Jay does) this far out from the election is silly.”
Shrug. I’m still hopeful that you’ll explain the *why* behind your discomfort with polls in some sort of substantive way. I recognize that you’re uncomfortable with them and that you’re concerned about ulterior motives on the part of many pollsters, but aside from those otherwise unsupported worries, I’m not sure what concrete issues you have with their work,
getalife
September 24th, 2012
12:20 pm
“Paul Ryan: Complaining Is ‘What Conservatives Do By Nature’” Aol.
Lie. They marched lock step with w destroying our country.
Peter
September 24th, 2012
12:21 pm
That Black Guy ………. Can you tell us how many jobs Romney created ?
Stevie Ray..Clowns to the Left of me Jokers to the Right, here I am...
September 24th, 2012
12:21 pm
STANDS,
I agree that many polls are good indications..however, most of them currently assume 2008 turnout numbers for BO…that may be a stretch..which likely voters will even choose to vote? The fact that Honey BOO BOO out performed both conventions speaks volumes for the interest in politics by the masses..
godless heathen
September 24th, 2012
12:22 pm
So if I have a $75 in my pocket and $25 in my shoe and I get held up at gunpoint on the street, and the robber only gets the $75 in my pocket, I should walk away feeling that the robber gave me $25?
Jefferson
September 24th, 2012
12:22 pm
Romney is being kicked under the bus by the GOP already. They have little to offer.
getalife
September 24th, 2012
12:22 pm
“My job is not to worry about those people” willie robme.
cons, he is talking about you and your family silly.
jewcowboy
September 24th, 2012
12:22 pm
“Thank you Mr. Romney for paying way more than your fair share.”
Which, of course, according to Romney himself, makes him unqualified to be President. Just out of curiosity, Romney does know what recording devices are, right?
Welcome to the Occupation
September 24th, 2012
12:23 pm
Not blind: “Hey idiots. I bet that lots of [D] politicians on capital hill made more money than Romney did ?? Where’s the out cry about them ???”
What do you not get about the difference between a politician who acts exclusively IN THE INTERESTS OF HIS CLASS, waging class war against the working class and others, and politicians who at least in spirit act AGAINST THEIR OWN CLASS?
Now, granted, today’s Democrats are nothing compared to FDR, or even a Kennedy, but they are light years removed from a parasitic stooge of the 1% like Mitt Romney who wants to FURTHER CONSOLIDATE our oligarchy as being by the rich, from the rich, and for the rich.
jewcowboy
September 24th, 2012
12:24 pm
“Can you tell us how many jobs Romney created ?”
I’m quite sure his investments have created a good number of jobs. The better question is how many AMERICAN jobs have those investments created.
JamVet
September 24th, 2012
12:25 pm
Hey idiots. I bet that lots of [D] politicians on capital hill made more money than Romney did ??
Then you would be the idiot.
Rep. Michael McCaul (R-Texas) is the wealthiest member of the US Congress. Only Issa and Kerry are anywhere near him. His net worth is $294Million. (Issa $220M and Kerry $193M)
Mitt Romney’s net worth (from what anyone can tell!) is about $250Million.
So unless exactly zero is lots of politicians, you are just making up nonsense out of thin air…
Stevie Ray..Clowns to the Left of me Jokers to the Right, here I am...
September 24th, 2012
12:26 pm
THAT BLACK GUY
We are birds of same feather when it comes to taking neither side seriously…
You are correct, I never get answers to many of the proported allegations by either side…The fact that 94% of elections are won by who spends the most money speaks volumes….to quote someone smarter than I….”its not an election..it’s an auction..”
Can you imagine how much good can be done with the 2 billion these self serving cronyists (is that a word?)will spend for a job that, for the next 10 years or so, that is impotent?
GT
September 24th, 2012
12:26 pm
If I woke up every day broke I think I would try a new lifestyle. That is how Georgia wakes up every day since the 1800s. And they in unison say thank you sir and I’ll have another. This is fine for you but why put your kids through the hell you call life? Something you are doing causes this poverty other states do not have, maybe you are like the Bass brothers in Andy Griffin and love the dirt. Keep lying to yourself and everyone else, keep voting for fictitious causes and skipping parties every few years because the one you are in can’t hang with bigots. This formula of failure, not Obama is your plight in life.
beam me up
September 24th, 2012
12:26 pm
The real story here is that we are still talking about Romney’s taxes. So long as the topics of the day are Mitt’s taxes and Medicare, the Republicans are losing ground because these are both winners for Democrats. I’m not exactly sure why they would choose to put Medicare Enemy #1 on the ticket, and then turn around and try to attack Obama on Medicare. Without Ryan, it might get traction. With him, it is laughable.
There does not seem to ever have been a coherent strategy to get Mitt elected. Polls show that 52% of Americans view him unfavorably versus 30% who view him favorably. It’s easy to see why, the guy comes off as phony and conceited even at his best. He simply refuses to provide any details at all on policies that he would pursue if elected. His whole argument seems to be “I’m not Obama, and the economy is lousy”, but he doesn’t offereany explanation as to why he would be a better choice aside from repeating the mantra of being against “big government”. What would government look like under Romney? If he refuses to say, then maybe it’s because he’s afraid the voters wouldn’t like it if they actually found out (kind of like his tax returns for years past).
Peter
September 24th, 2012
12:26 pm
“Can you tell us how many jobs Romney created ?”
I’m quite sure his investments have created a good number of jobs. The better question is how many AMERICAN jobs have those investments created.
Ok……… can anyone tell us how many American jobs Romney has created having been given his personal welfare via his 14% tax bracket ?
USMC
September 24th, 2012
12:27 pm
“Republican’s want WAR spending and Nothing else…….. unless it is welfare for the Rich !”
-not intended to be Factual Information.
Peter, work through your deep scars and go make something of yourself. When you are productive and successful, at whatever it is you do, you will no longer harbor hate and anger.
Your envy of others’ success and financial standing will fade away as well.
Everyday is a new day!
getalife
September 24th, 2012
12:29 pm
Vote to put the 12.5 million Americans back to work.
We know money boo does not care about those people.
The choice is clear.
There is only one sane choice.
Four more years!
getalife
September 24th, 2012
12:31 pm
money boo boo.
My bad.
USMC
September 24th, 2012
12:31 pm
“I’m quite sure his investments have created a good number of jobs. The better question is how many AMERICAN jobs have those investments created.”–jewcowboy
Mitt Romney has certainly created more jobs than any of the Losers on this blog, Jay Bookman, and Pres. Obama combined.
Ever heard of Staples???
Kamchak ~ Thug from the Steppes
September 24th, 2012
12:33 pm
Money boo-boo
Joe Hussein Mama
September 24th, 2012
12:33 pm
USMC — “Mitt Romney has certainly created more jobs than any of the Losers on this blog, Jay Bookman, and Pres. Obama combined. Ever heard of Staples???”
Staples existed long before Bain ever got a hold of it. Try again.
Towncrier
September 24th, 2012
12:34 pm
“…the polling by this time in the cycle has been reasonably good, especially when it comes to calling the winners and losers in the race.”
I think, given the many articles I have read recently on polling, is that Silver (and others invested heavily in the polling industry) are underestimating the rapid change in the way people communicate since even 2008 and the way that is affecting polling. The switch to cell phone only usage has been more exponential than linear since 2004 or so. And pollsters have no idea how many people are using VOIP since many of its providers don’t publish the phone numbers of their users. Additionally, technological advances like caller ID, VIP ringtones and call forwarding further complicate the landscape. In order to account for these “variables” and factor them rightly, more polling is required to establish baselines (that may change quickly or be different from place to place) and more assumptions must be made. So, increasingly it appears you have polls and assumptions based upon polls and assumptions based upon polls and assumptions based upon polls. In my view, it is becoming increasing like a house of cards. This particular election cycle should tell us a lot about the future of polling.
getalife
September 24th, 2012
12:34 pm
usmc,
It is true and you know it.
Does your back hurt from bowing down to the rich?
TaxPayer
September 24th, 2012
12:35 pm
An interesting read.
Erwin's cat
September 24th, 2012
12:36 pm
Doggone – who do you suppose your employer borrows money from to make payroll?
the cat
September 24th, 2012
12:37 pm
Kamchak! You should have provided a warning before viewing!!!
Erwin's cat
September 24th, 2012
12:39 pm
Staples existed long before Bain ever got a hold of it. Try again.
as 1 store in Utah
JamVet
September 24th, 2012
12:39 pm
Does your back hurt from bowing down to the rich?
Not to mention the scars on his knees!
Thirty years of the colossal failure (for 90% of Americans) called Reaganomics and they want more.
Inexplicable.
But George Soros and Donald Trump love him…
Peter
September 24th, 2012
12:40 pm
USMC…
I would prefer to have the group who will spend the money here in America in the White House.as compared to those who start War in the White house and then say Deficits don’t matter.
Since you relate to WAR and use it as a monicker as to whom you are, and not your real name because you want to hide………… I hope your scars are healed soon !
stands for decibels
September 24th, 2012
12:41 pm
however, most of them currently assume 2008 turnout numbers for BO…
er, what? Where have you read such a thing to support this statement?
Stevie Ray..Clowns to the Left of me Jokers to the Right, here I am...
September 24th, 2012
12:41 pm
JEWCOWBOY,
Wassup?
Nobody really can tell me the answer to first question…I know that an average amount (compared to national averages) of bankruptcies occured in the Bain portfolio…jobs were lost but may well have been offset by Staples alone..which I’m sure the LIBS will not give him credit for..
His offshoring of jobs is debatable..to me its irrelevant since the global economy requires the likes of APPLE, HP, and other brands ship 100,000’s or more jobs overseas in past 10 years..
http://factcheck.org/2012/06/obama-twists-romneys-economic-record/
http://www.washingtonpost.com/blogs/fact-checker/post/president-obamas-jab-at-mitt-romney-all-youve-done-is-send-china-our-jobs/2012/09/17/86dae6f8-0116-11e2-b257-e1c2b3548a4a_blog.html
A couple more interesting opinions..
Doggone/GA
September 24th, 2012
12:41 pm
“Really the WAR has been paid for ? Paid in full you mean and not on the Deficit books ?”
If you borrow money to buy a car…the car is paid for. It’s the LOAN you still have to pay.
USMC
September 24th, 2012
12:42 pm
“Does your back hurt from bowing down to the rich?”–Getalife
There is NO group called the “RICH”, getalife.
It is a made up name used for Socialist propaganda.
People with wealth or money don’t “GROUP” together.
They are individuals or small organizations who have accumulated wealth in a wide range of fields and methods.
Don’t envy; learn to be diverse and may be you too can learn to be successful.
Rising Tides Lifts all Ships!
RB from Gwinnett
September 24th, 2012
12:43 pm
Let’s hear some more whining from the 0% about how unfair 14% ($3.2MM) is.
TaxPayer
September 24th, 2012
12:43 pm
We have not forgotten about Mitt Gekko Romney.
Madmax
September 24th, 2012
12:44 pm
Interesting that Jay omitted the amount that Romney paid. Much better to say he only paid 14.1 percent than he only paid $X million in taxes.
philosopher
September 24th, 2012
12:45 pm
When we reach a point that we understand that if we are wealthy, it is because we had the tools and support to do so, we start growing a heart with a bit of humility. When we understand that there are many not so fortunate as ourselves and realize that we have an obligation to give back and offer opportunity and support to those who need it, hate and anger will fade away. Every day is a new day.
Kamchak ~ Thug from the Steppes
September 24th, 2012
12:45 pm
Kamchak! You should have provided a warning before viewing!!!
And take away the shock value?
Where is the fun in that?
stands for decibels
September 24th, 2012
12:45 pm
I think, given the many articles I have read recently on polling, is that Silver (and others invested heavily in the polling industry) are underestimating the rapid change in the way people communicate since even 2008 and the way that is affecting polling.
Of course that’s possible. However…
The switch to cell phone only usage has been more exponential than linear since 2004 or so.
Just FYI, Nate has written repeatedly on this topic (here’s a recent take) and IIRC he tends to weight more heavily pollsters who mix cell and landlines than those who do landline only.
USMC
September 24th, 2012
12:46 pm
Peter, you need to pull your head out of the sand and quit discriminating against the Global Economy. It’s a multi-cultural/Diverse Rainbow of cooperation that brings the people of the world together.
Don’t be bigoted an xenophobic.
the cat
September 24th, 2012
12:46 pm
The best part for me:
Romney chose his running mate, Rep. Paul Ryan of Wisconsin – like himself, a self-righteously anal, thin-lipped, Whitest Kids U Know penny pincher who’d be honored to tell Oliver Twist there’s no more soup left.
Read more: http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829#ixzz27PGSCZdx
JamVet
September 24th, 2012
12:46 pm
There is NO group called the “RICH”, getalife.
And their is no religion called Christianity either.
Rising Tides Lifts all Ships!
Yep, another clueless trickle downer who refuses to see what a total failure it has been.
Towncrier
September 24th, 2012
12:47 pm
“Staples existed long before Bain ever got a hold of it. Try again.”
You try again. From the Wiki:
Staples started with backing from private equity firms including Bain Capital; Bain co-founder Mitt Romney served on the company’s board of directors for the next 15 years, helping shape their business model.
Not Blind
September 24th, 2012
12:47 pm
Pelosi is laughing at the useful idiots that make up the [D] constituency
http://articles.nydailynews.com/2011-06-16/news/29687626_1_stock-gains-house-speaker-charles-rangel
TaxPayer
September 24th, 2012
12:48 pm
Those people living off their entitlements–the social security and medicare that they actually paid for–have not forgotten about Mitt Gekko Romney.
Joe Hussein Mama
September 24th, 2012
12:49 pm
USMC — “People with wealth or money don’t “GROUP” together.”
Quick, someone tell residential developers about this!
USMC
September 24th, 2012
12:49 pm
“Interesting that Jay omitted the amount that Romney paid. Much better to say he only paid 14.1 percent than he only paid $X million in taxes”–Mel Gibson
Par for the Course! Jay Bookman merely repeats what he is told to say by his Leftwing Party Operatives.
Jay Bookman believes what he is told to believe according to the Party line. Purely Party Line!
JamVet
September 24th, 2012
12:50 pm
Let’s hear some more whining from the 0% about how unfair 14% ($3.2MM) is.
Lets here some more information about how people making one 5,000th what Mitt “He the patriotic American who hides money overseas” Romney does in a year and pay 16% or more.
Madmax
September 24th, 2012
12:50 pm
Stands – I listened to an interview (I belive it was on Hugh Hewitt’s afternoon show about 2 weeks ago)with one of the pollsters and he was asked about the sampling %’s used because in one poll taken in I believe it was Ohio, he sampled 13% more Democrats than Republicans and his response was that was the same ratio that Obama outdrew McCain in 2008 and that was within his +/- sampling error. He would never respond to the question as to whether that assumption made any sense.
Joe Hussein Mama
September 24th, 2012
12:52 pm
USMC — “Peter, you need to pull your head out of the sand and quit discriminating against the Global Economy. It’s a multi-cultural/Diverse Rainbow of cooperation that brings the people of the world together. Don’t be bigoted an xenophobic.”
Look at all that ethnic and multicultural diversity.
http://www.businessweek.com/articles/2012-08-09/romney-explains-his-famous-bain-photo
USMC
September 24th, 2012
12:53 pm
“Yep, another clueless trickle downer who refuses to see what a total failure it has been.”
More anger, bluster, and hate from a religious bigot who spends his whole life on a blog; not much success in the real world. Sad
Towncrier
September 24th, 2012
12:53 pm
“He would never respond to the question as to whether that assumption made any sense.”
A favorite political tactic: deflect when asked a question you cannot answer without shame or embarrassment.
Joe Hussein Mama
September 24th, 2012
12:54 pm
Towncrier — “You try again. From the Wiki:”
Thank you for the correction.
And I’m glad you’re paying attention to me this afternoon. Perhaps you will now favor me with some further *substantive* exposition regarding your mistrust of pollsters and polling.
jewcowboy
September 24th, 2012
12:54 pm
USMC,
“Mitt Romney has certainly created more jobs”
And destroyed more as well. But these job creation’s and destruction’s were never the point of Romney and Bain…simply side effects. The goal of Bain was ROI for the investors. Please, using this context, tell me how Romney’s executive experience is to effectively translate in diminishing the unemployment rate if Romney were to be elected.
GT
September 24th, 2012
12:55 pm
The problem with numbers is it said for effect and few of us have the slightest idea what it means. Romney paid over one million in taxes but if you divided that up upon us common people we would have paid over three million. In fact if all this money went to common people the tax collection would go up about three fold, the country’s money problems would disappear and productivity would be just about the same if not better. I also see us investing in each other more, not the idle rich hording their money, we would have a stake in the economy and want to see it grow so we could make more money. For once we are all on the same page, one country for all Americans and all of us loving it instead of feeding some foreign bank account and giving lip service to our national pride.
USMC
September 24th, 2012
12:55 pm
“Lets here some more information about how people making one 5,000th what Mitt “He the patriotic American who hides money overseas” Romney does in a year and pay 16% or more.”
More hate and envy from those who have chosen to fail in life. sad
TaxPayer
September 24th, 2012
12:55 pm
So how do those Romney family trusts work anyway. Mitt donates money to his family trust and takes a tax deduction for it. Then his trust makes money for him and he donates it to the trust and takes a deduction for it…
JamVet
September 24th, 2012
12:55 pm
Religious bigot?
Coming from the guy whose motto is, “The only good Muslim is a dead Muslim” that is damn funny!
TaxPayer
September 24th, 2012
12:58 pm
How is it that Mitt didn’t pay over 13.9 percent in federal income taxes back in the 90s before the Bush tax cuts. I thought he claimed to be a CEO or something way back then so shouldn’t he have been paying taxes on wages and even paying payroll taxes.
USMC
September 24th, 2012
12:59 pm
“And destroyed more as well….”–jewcowboy
You are very Narrow-minded, Jewcowboy.
Mitt Romney has CREATED wealth, whether it be through jobs, tax revenue for the government, or investor dividends.
Mitt Romney is a CAPTAIN OF INDUSTRY!
Let the Hate and Envy continue!
southpaw
September 24th, 2012
12:59 pm
getalife @12:22
Even if the name is fictitious, the quoted thought is right. It’s my job to worry about my family, not the President’s.
godless heathen @12:15 & 12:22
Well said and illustrated.
Kamchak ~ Thug from the Steppes
September 24th, 2012
1:00 pm
…who spends his whole life on a blog…
A regular here that comments about another regular’s presence here.
The joke that never goes stale.
JamVet
September 24th, 2012
1:01 pm
Just giving you back what you dish out so freely to see if you can take it.
Don’t cut and run like that other ex-marine, Del did…
Cosby
September 24th, 2012
1:01 pm
Ahh…Romney’s tax return…but lets not question Barry regarding the Middle East and that dismal failure, lets not question Barry regarding how he was privaliged and went to a private School, then on to columbia as a foreign exchange student..get the picture…romney and his tax return..a great one liner…but i do wonder if Barry, Harry and Nancu would ever alow the fair tax…but wait then Barry coould not promote class war fair!!!get the picture…
TaxPayer
September 24th, 2012
1:01 pm
18,000 people have come forward under that DoJ amnesty program regarding the tax cheaters hiding money in Swiss bank accounts. Show us your 2009 tax return, Mitt. Tell us all about your Swiss bank accounts.
stands for decibels
September 24th, 2012
1:02 pm
I listened to an interview (I belive it was on Hugh Hewitt’s afternoon show about 2 weeks ago)with one of the pollsters and he was asked about the sampling %’s used because in one poll taken in I believe it was Ohio, he sampled 13% more Democrats than Republicans and his response was that was the same ratio that Obama outdrew McCain in 2008
Ok, Madmax, so that’s one source that would tend to confirm what SR asserted. (any idea which polling firm he was with?)
Still. I’ve never heard quite so much complaining about the validity of samples as I have recently. And it makes me wonder, if it is such a widespread practice, why guys like Rassmussen aren’t calling them out?
Isn’t it just possible that major pollsters like (say) Gallup, who poll every day, actually do a pretty good job of sampling likely voters? And that if you average out the results (which Gallup does) to smooth them, they probably provide a pretty good view of how people feel about the candidates, both state-by-state and nationally?
Joe Hussein Mama
September 24th, 2012
1:02 pm
USMC — “Mitt Romney has CREATED wealth, whether it be through jobs, tax revenue for the government, or investor dividends. Mitt Romney is a CAPTAIN OF INDUSTRY!”
What *industry,* exactly?
stands for decibels
September 24th, 2012
1:03 pm
(and I should add, I am aware of the “likely voter” vs. “registered voter” bias. I believe most pollsters have moved to the “likely voter”s at this point, just a few weeks from the election.)
Stevie Ray..Clowns to the Left of me Jokers to the Right, here I am...
September 24th, 2012
1:03 pm
Stands,
You can also go to either Rasmussen or Gallup sites and search for poll assumptions…
http://sprblog.wordpress.com/2012/09/24/why-our-recent-polling-is-accurate-and-shows-a-close-election-for-president-by-james-lee-president-of-spr/
http://santitafarella.wordpress.com/2012/09/22/turnout-assumptions-why-does-rasmussen-show-better-numbers-for-romney-than-other-polls/
TaxPayer
September 24th, 2012
1:04 pm
Mitt found a way to create quite the extraordinary IRA. How did he manage to pull that off. Mitt, like the Mormon Church, is very secretive about these things.
TaxPayer
September 24th, 2012
1:05 pm
Mitt Romney is a CAPTAIN OF INDUSTRY!”
The Gekko industry.
jewcowboy
September 24th, 2012
1:05 pm
Howdy Stevie Ray,
I’ll most certainly give credit to Romney for job creation, but that was never the mission of Bain nor Romney, but simply a side effect. Their mission was and is profit for investors. As I posed to USMC, using this context, tell me how Romney’s executive experience is to effectively translate in diminishing the unemployment rate if Romney were to be elected.
USMC
September 24th, 2012
1:05 pm
“Don’t cut and run like that other ex-marine, Del did…”
AMvet, I wouldn’t RUN from you.
I am sure that many of the “tough” talking bloggers, blog bullies, are usually not very physically impressive in person. And I choose not to fight and hurt anyone unless absolutely necessary.
Anyway, Your phat arse couldn’t catch me anyway.
We would probably sit down and have a few beers!
stands for decibels
September 24th, 2012
1:07 pm
but i do wonder if Barry, Harry and Nancu would ever alow the fair tax…
Has Speaker Boehner allowed a floor vote on it?
USMC
September 24th, 2012
1:07 pm
“The Gekko industry.”–W-2 Taxpayer
Ahhh yes, the seething anger and resent. Wealth Envy, I tell ya!
TaxPayer
September 24th, 2012
1:07 pm
Republicans on here are free to pay the same dollar amount in taxes as Mitt did rather than simply pay a higher percentage if they choose.
JamVet
September 24th, 2012
1:10 pm
USMC needs more trickle down!
http://i2.cdn.turner.com/money/dam/assets/120910110833-chart-average-wealth-story-top.jpg
Stevie Ray..Clowns to the Left of me Jokers to the Right, here I am...
September 24th, 2012
1:10 pm
JEWCOWBOY,
I have 3 PE firms as clients and anyone who confuses these firms with non-for-profits is naive…
LIBS..
I will repost this since I got no action last time…doubt I will get any responses..truth hurts..
http://www.washingtonpost.com/blogs/fact-checker/post/president-obamas-jab-at-mitt-romney-all-youve-done-is-send-china-our-jobs/2012/09/17/86dae6f8-0116-11e2-b257-e1c2b3548a4a_blog.html
http://factcheck.org/2012/06/obama-twists-romneys-economic-record/
jewcowboy
September 24th, 2012
1:10 pm
USMC,
“You are very Narrow-minded”
Of course, that says quite a bit more about you than I. Very interesting considering you’re saying that about someone who pointed out both sides of the coin.
USMC
September 24th, 2012
1:11 pm
“Republicans on here are free to pay the same dollar amount in taxes as Mitt did rather than simply pay a higher percentage if they choose.”–Taxpayer
If you don’t like how your taxes are prepared each year “Taxpayer”, quit letting H&R Block do your taxes for the early “refund” and get a real CPA.
Oh, you didn’t know you could do that?
TaxPayer
September 24th, 2012
1:11 pm
I see USMC chooses to deflect with faux claims of wealth envy rather than deal with facts such as the wealthiest not paying anywhere close to that 35% marginal tax rate or the fact that Mitt and Co. think that people living off of the social security and medicare that they funded are moochers, etc.
Joe Hussein Mama
September 24th, 2012
1:11 pm
SfD — “Still. I’ve never heard quite so much complaining about the validity of samples as I have recently. And it makes me wonder, if it is such a widespread practice, why guys like Rassmussen aren’t calling them out”
It’s pretty much an article of faith in the RW blogosphere that “liberal” polls are somehow flawed, but they can’t ever seem to tell you exactly HOW. Back in 2008, there were a good number of posters on Free Republic who just took it as an article of faith that you needed to add somewhere between the MOE (on a given poll) and 5% to whatever McCain’s results were to get the ‘real’ figures — never mind that the polls results of the last couple of weeks tracked the actual results fairly closely.
There seems to be some belief on the part of some folks — generally conservative folks — that the demographic makeup of a poll must necessarily track the political makeup of the broader population. Mathematically speaking, that’s not so, but I can see why some people might think that. But there’s a distinct difference from a poll that *happens* to overselect in one or more demographic categories and one that overselects *by design,* and that appears to be what those who object are confusing.
My wife told me last evening that she had stumbled across some sort of conservative polling site that *purported* to conduct ‘unbiased’ polling, but I haven’t had a chance to look at it in detail yet. Perhaps I’ll be able to elaborate further once I’ve picked apart some of their numbers.
jewcowboy
September 24th, 2012
1:12 pm
“What *industry,* exactly?”
Moving paper.
stands for decibels
September 24th, 2012
1:13 pm
from SR’s second link @ 1.03:
Third, recent polls showing a double-digit lead for Obama are not believable, and are probably using the 2008 voter turnout as the basis of their survey model.
I wouldn’t believe a double-digit lead for Obama in PA either. but then, neither does Nate Silver–he projects a 6.6% lead.
Madmax
September 24th, 2012
1:13 pm
Stands, I’m not complaining about the way they are done other than the fact that the guy, when questioned, immediately went for his statistical blankie, and refused to answer the question. That tends to make me suspicious.
Joe Hussein Mama
September 24th, 2012
1:13 pm
Cosby — “lets not question Barry regarding how he was privaliged and went to a private School”
If you’re talking about Punahou in Honolulu, you should be aware that most of the kids that go there, go there on financial assistance. It’s *far* less upscale than Iolani Academy or the Kamehameha Schools.
JamVet
September 24th, 2012
1:14 pm
Most Americans below the upper echelon have suffered a decline in wealth in recent decades. The median household saw its net worth drop to $57,000 in 2010, down from $73,000 in 1983. It would have been $119,000 had wealth grown equally across household.
What an odd “accident”, huh?
Thirty years on and somehow Reaganomics had no hand whatsoever in the crushing of the middle class’s earning power…
jewcowboy
September 24th, 2012
1:14 pm
Stevie Ray
“I have 3 PE firms as clients and anyone who confuses these firms with non-for-profits is naive…”
PE firms?
“I will repost this since I got no action last time…doubt I will get any response”
What kind of action are you seeking? This isn’t Craigslist ya know
USMC
September 24th, 2012
1:14 pm
“Of course, that says quite a bit more about you than I. Very interesting considering you’re saying that about someone who pointed out both sides of the coin.”–Jewcowboy
Funny seeing that the Socialist/DemocRats on this blog, including Jay Bookman, PREACH diversity when it benefits them, but hate and discriminate on the global economy.
LOL! We humans are certainly Hypocritical.
Erwin's cat
September 24th, 2012
1:14 pm
As I posed to USMC, using this context, tell me how Romney’s executive experience is to effectively translate in diminishing the unemployment rate if Romney were to be elected
see Staples…he was on the board for 15 yrs…was Bain’s priority to create jobs?…no and yes
Bain’s priority was to grow Staples which created jobs and made Bain money…a win win
See the successful winter Olympics as well, which he did for free…
Are you gonna pretend that someone smart enough to make hundreds of millions of dollars doesn’t know a thing or two about business, the economy and how jobs are created?…or did the “idiot” just get lucky 250,000,000 times
Get Real
September 24th, 2012
1:15 pm
On a plane Krystal and Jammie; out earning a living so I can stay part of the evil 1%….will try and open your link Krystal….not sure if I will be able to as I am using a Blackberry
TaxPayer
September 24th, 2012
1:15 pm
Mitt Romney is Gordon Gekko. His Bain business model was to buy up companies and load them down with debt and then take that money in the form of advisement fees and then advise the newly debt-laden companies to pay off their debt. Yes, we know all about how Mitt made his money. He even did the same thing with the Olympics except that he stuck the taxpayers with the debt in that case. Release those tax returns, Mitt. Mitt the moocher. Tell us all about your Swiss Bank accounts, Mitt.
Joe Hussein Mama
September 24th, 2012
1:17 pm
not sure who — “Third, recent polls showing a double-digit lead for Obama are not believable, and are probably using the 2008 voter turnout as the basis of their survey model.”
AFAIK, only Rasmussen uses a likely voter model that takes voter turnout into account.
There may well be others, but I’m not aware of them if they do. And FWIW, some explicitly *disavow* a voter turnout model, based on the fact that the 2012 voter turnout figures are unknowable until after the election (and therefore you can only guess at what they will end up being).
clem
September 24th, 2012
1:17 pm
hey thin guy you imbecile, you should thought about your tax return when you voted for W
curious
September 24th, 2012
1:17 pm
Romney was (is) only interested in making a profit.
He couldn’t cared less about the company; he wanted that profit regardless of whether it succeded or failed. The employees were just tools to make the profit.