In response to:

Hey, Media, a $75K Mechanic Pays a Lower Tax Rate Than Romney

KYoung43 Wrote: Sep 27, 2012 9:28 AM
In addition to needing a basic course in economics as well as finance, the general public needs to learn critical thinking. Granted the sums on Gov. Romney's income tax returns would be impossible for most simple adding machines (or even the "Calculator" accessory on a computer), the basics of the tax rate and who owes more should be simple enough to figure out. The Capital Gains tax is the "second pass of the tax machine" from what I hear. So if Romney pays 13.7 percent or whatever, that's AFTER the initial tax on the money earned, before it is invested. Right?
justme16 Wrote: Sep 27, 2012 11:37 AM
None of these arguments can be won with simple math. As an example the so-called "Bush Tax Cuts for the RIGH". The FACTS are that the wealthy received a 3 percent reduction and (first year reabate) of the INCOME TAX they had already paid. The average Joe/Joanne, received a FIVE percent REBATE and subsequent reduction. FIFTH grade math reveals the truth. 5% of say $3000 of acdtual income tax paid is $150 a typcal family received about a $300 CHECK.. Now follow the bouncing ball. 3% of say 100,000 in ACTUAL taxes paid is $3000. Before the ink was dri the rabid libs took those numbers 3000 vs 300 and began the chant TAX CUTS FOR THE RICH. They know the average person in this country is so dumbed down (beginning in the 1960s
justme16 Wrote: Sep 27, 2012 11:40 AM
that all they will see is the numbers and their childish emotions driven by envy, sloth and gluttony will do the rest..thus the masses are spun up. Try communactiting with one who falls in this category and it is like talking to a brick wall. The plan for decades was and still is to dumb down the masses both psychologically (now women damand freeeeeee birth control or it is a war on them- meaning ifn you don't give them what they want they wont' like U very much and you are then a meanie or a hater (five year olds think and act that way)...It began in the sixties and these clowns have had forty years to inculcate the gullible minds of the youth of this nation calling it EDUCATION (indoctrination) culturization.
justme16 Wrote: Sep 27, 2012 11:42 AM
Those who even then paid no INCOME tax also received a check. It wasn't a rebate as they paid nothing to begin with. It can't be a reduction as they PAID nothing...so where did that money come from? Hell even in nature, the mother bird pushes its young out of the nest. These clowns want everyone in the nest for life as this is what gives them power. The latest case in point? Under Obamacare...people can stay on mommy and daddy's insurance until they are twenty-six. When the blue hades is one supposed to now grow up and start being personally responsible? Used to be eighteen.
Dbeaux2 Wrote: Sep 27, 2012 9:41 AM
Right, many would claim it would be better to eliminate this tax altogether to incourage more investment in our economy. There is a risk to investments already, why tax the risk taker, it only discourages the investor.
Ron4594 Wrote: Sep 27, 2012 11:50 AM
ONE TAX AND DONE is the ultimate answer to the whole economy.
If "journalism malpractice" were a crime, Nancy Grace would not be able to keep track of all the trials.

ABC news reporter Jonathan Karl recently said: "Mitt Romney ... made $13.7 million last year and paid nearly $2 million in taxes. His effective tax rate -- 14.1 percent. That's a lower rate than an auto mechanic who made $75,000 in pay."

Not again.

Back in January, anchor Diane Sawyer teased "Mitt's millions" on ABC's "World News": "What Mitt Romney's taxes really show about wealth, taxes and fairness." Then correspondent David Muir informed viewers: "(Romney's) tax rate? In 2010, about 13.9...