Quote:
Originally Posted by Amber Lamps
Correct, If I earn through wages $100,000/year, I'm taxed right? Let's say 25% just for fun. Now I invest $20,000 in Dildos Inc and they turn a profit and I get a $5,000 dividend. I then pay 15% on that dividend. It's not double taxation.
The point is that I paid taxes on the money when I earned it, I pay taxes on the interest if I save it, I pay taxes on the money that I spend and I pay taxes on the gain if I invest. Why is that okay with everyone and why do you think that Romney or anyone else should pay more?  The stupid thing with Romney is that he "only" pays 15% because he's earning money solely from investments for the most part. He is not doing anything shady or illegal and it is evil and blatantly irresponsible for the media to portray it any other way. |
OK, look at it this way;
Romney bought and sold companies that were vulnerable. High debt, over leveraged, etc. Let's say he invests a million in Dildos Inc., and then sells off all the Dildo making machines for two million. He pays 15% on the million he just made. Illegal? No. Shady? Kinda.
Why? Because in addition to selling off all the Dildo machines, he also fired all the Dildo helpers.
Romney claims he knows how to help the middle class. He wants to deregulate business to the point where people like him have less hoops to jump through, when it comes to firing people, moving jobs offshore, and paying benefits. That doesn't help anyone in the middle class. It only helps douchebags like Mitt Romney.
JC