Can you imagine if President Obama had been caught on video at an event for wealthy donors thrashing the Jewish community? His campaign would be over. The same should hold true for Mitt Romney who thrashed 47 percent of Americans as lazy people who depend on the government for a handout. In other words, those people who support President Obama are the dregs of the U.S. Among the 47 percent are the elderly, those with special needs, working class families who by virtue of a tax break [child tax credit] from Republicans pay no taxes on their income, those who are poor, and those serving their country. Who’s the elitist? President Obama or Mitt Romney? Well, today Mitt Romney just hammered the final nail in his coffin. His presidential aspirations have been torpedoed and it’s all his doing.
So, he hastily called a press conference and answered three questions. LOL. I guess all that talk about caring for the middle class from both Mitt Romney and his sidekick was just pure bullshit. He doesn’t give a shit about the anyone who isn’t fabulously wealthy. Too bad he forgot that he father, George Romney, received welfare benefits when he returned to the U.S. with family, after they ran to Mexico so they could continue their polygamous lifestyle.
“It’s not elegantly stated…I’m speaking off the cuff in response to a question,” Romney told reporters Monday night in Costa Mesa, Calif.
Asked what assurances he could give to voters that he doesn’t say different things behind closed doors to his donors than he does at his public rallies, Romney said he gives “the same message” to all audiences.
“We have a very different approach, the president and I, between a government dominated society and a society driven by free people pursuing their dreams,” Romney said. Source
So, how much taxes has Mitt Romney paid in the last few years? Since he has money hidden in the Cayman Islands and had a Swiss bank account? Why should we trust him either?
The Republicans have had a field day attacking former president Jimmy Carter. Well, he may have gotten the last laugh:
Credited as a “research assistant” on the story is James Carter IV, the grandson of former President Jimmy Carter, who has been toiling online as an opposition researcher and is “currently looking for work,” according to his Twitter bio. Source
Here’s a simple breakdown from the Tax Policy Center of what households paid in taxes in 2011:
— 53.6 percent of households pay the federal income tax. Presumably Romney is okay with these folks.
— 28.3 percent of households pay no federal income tax, but they do pay the payroll taxes for Social Security and Medicare. That means they don’t need Mitt Romney to convince them to “take personal responsibility and care for their lives.” They already have jobs.
Most of the households in this group don’t pay any federal income tax because they qualify for enough deductions that their income tax liability has shrunk to zero. See this Tax Policy Center report for more, which gives an example of “a couple with two children earning less than $26,400. They get an $11,600 standard deduction and four exemptions of $3,700, and that takes their liability to zero.” Indeed, it’s worth noting that many of these deductions and credits were part of the 2001 and 2003 Bush tax cuts, which Romney wants to extend.
— 10.3 percent of households pay no federal income tax because they’re retired and elderly. Many retirees aren’t taxed on their Social Security benefits, which they earned by paying into the system over many years. If Mitt Romney secretly thinks that these households are all irresponsible freeloaders, he has a weird way of showing it, as he keeps insisting that he doesn’t want to cut Medicare or Social Security benefits for those over the age of 65.
— That leaves 6.9 percent of households which are non-elderly and have incomes less than $20,000 per year and aren’t paying the payroll tax. These poorer households pay neither income taxes nor payroll taxes. Perhaps Romney thinks that they should all pay more in federal taxes. It’s hard to say. But this is also a much smaller fraction of Americans. Source: Washington Post
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