WHAT? Those who run for POTUS are rich? How.. no when!? did that happen!? Well, I thought they were regular working stiffs, just like me! Wow! They are millionaires? Really?

So, tell me. Seriously. Who doesn’t know that most of the people who run for (high) public office are not regular working stiffs. They have money. Most are “educated” beyond high school. And if you run for president, you best be packin’ more than a couple dollars in your wallet.

I don’t particularly care what their bank records look like, as long as they came by it legally. It ticks me off that such a hoo-haw is being made because Mitt paid his taxes! Come on people! How many of Obama’s people didn’t!?

Talking about Obama, do you really believe he is a working stiff? That he doesn’t pay absolutely the minimum he has to pay on his taxes? Really? If you do, then tell me true…

What color is the sky in your world?

Warren Buffets secretary makes between $400,00 to 600,00 a year with stock options if you want facts. Also Romney like all millionaires paid  taxes on his first amount of money earned, paid again on end of the year earnings and will pay again when he sells.So he’s getting triple taxed. He’s not breaking the law,he taking advantage of our system, if you don’t like it change it. but at least he pays taxes, what about about our sec of the treasury Gaitner?? He didn’t pay taxes where the hell is the criticism of him? And Sharpton has the nerve to ask is this fair?? How come he didn’t go to jail with Tawana Brawley when he & his client accused a all white man of rape which proved to be very false. Is that fair?

That is the slimestream media for you.  This is how they hope to win the next election.  They know their Man is severely unpopular, they know that about 80% of Americans think the country is moving FAST in the wrong direction.  They know, they KNOW that the PEOPLE will put them out of office next year unless they come up with some way to bamboozle the people again.  

Good thing for Obama that the entire “free press” is on his side.  Only then will he even have a snowballs chance.This rhetoric isn’t meant so much to convince VOTERS as it is intended to fuel the rage of the ignoramuses that comprise the OCCUPY movement.  Then, when it is CLEAR that the election is NOT going Obama’s way, he will go on TV and make a passionate plea for FAIRNESS which will be the trigger for the OCCUPY movement to kick it up into riot mode.  Problem solved, State of National Emergency till “peace” is restored.

Election OVER!

Powder Dry
PRAY for America on your knees DAILY
Keep LOVE in your heart

They keep forgetting to mention that his cap gains income is taxed at a lower rate. All legal.

they are all just jealous. here’s to all of us making as much money as we can, and hiding as much as we can from the government.

This is the wrong dialogue. It’s simple. Whether or not Romney pays more or less in his tax rate than most Americans is irrelevant. The point is, why aren’t most Americans paying less in taxes?

The dialogue must be – EVERYONE SHOULD PAY LESS!

Loved your Pray for America on your knees Daily… thank you

well Stu when are they not lying.

This is yet another example of the corrupt, left-wing media conspiring to undermine the electoral process.  This nonsense by the main stream media is destroying the fabric of America.  Because of their dirty ball playing, America must suffer with criminal presidents and house members controlling everything. All I can do is shake my head.

So… this is the Romney defense article? Where’s Paul’s or Gingrich’s? Or is this the Romney implicit-endorsement article meant to sway the sheep toward the Mormon Capitalist candidate? If you don’t drone behind Beck’s choice I guess he will tell you to return his books. How dare you read him if you don’t align your opinions to his! How dare you!

Legal but far from right.

It’s outrage, not jealousy.

Is anyone really surprised by all of this? 

FineTapestry is a useful tool for the left

and outrage based on ignorance is not justified

What would be right? Do you want him to throw away his money?
You want people like him to pay more? What about you? Would you pay more? Go ahead and do it! And stop harrasing those who won’t

It is worse than just jealousy; it is hatred to towards who’s better for being better.

The combined income of my wife and I was about $72,000. After standard deductions we paid about 6.5 percent in federal taxes

Just show the truth as simply as you can. He pays more in taxes than most, he also pays a higher rate than most (most being more than 50% of the country), there’s nothing to be mad about, there’s no reason to say he should pay more. Those who speak about an “outrage” are the only thing to be outraged about! They are counting on the worst in you, your ignorance and hatred.

Light always defeats darkness

I am 70 years old,we have never been rich but we never did without, my husband was a carpenter and became totally disabled when he was 47 years old, even with extra burden we never sat around and ask why me Lord,I was the breadwinner untill I retired, the tax laws were lenient and we usually got back all we paid plus extra, I do not and never will covet someone else’s money or worldly goods, we have had a lot of tax and money breaks due to my income, so if Romney pays 15% due to investment income who cares, just pay what is due even the Lord said render unto Ceasar what is due him, people should be concentrating on making a living and not mote and beam

John, 
You sound like a liberal, with your silent implication that the CG tax rate is lower.  Educate yourself a little bit and you will see that it makes PERFECT sense for it to be thus.  As you will see that historically the lower the top marginal tax rate, the higher the rate of job creation.  The statistics regarding this do not lie, although the media will spin and distort and oh, by the way, FOMENT CLASS WARFARE, which your comment is indicative of.  

Apologies if I misconstrued your intent

The biggest Liberal lie.

LIE=  De-regulation and “fat cat’s” from wall street caused the crash of the housing market.
REALITY:  The Dodd-Frank bill Forced banks to give home loans to people who couldn’t afford them, causing the housing bubble.  The housing market has been the base of our economy since the end WW2, so collapse the housing market=collapse the economy.  Of course this bill was passed in the guise of helping single mothers and people of color, yet now that it has caused the collapse of our economy it has hurt single mothers and people of color.  Another reason why politicians have no business trying to help anyone, all they do is hurt people.

What about GE not paying ANY taxes last year? And the damn fool president has Jeff Immelt right there as his guy for job creation? How does he get away with that s#*t?

All DemiNazCom Media are Liars.  Truth means nothing to them.  Impact of statements is everything.  Same as old ODumbo.  Shock the flock to steal the wool.

When people are paid to be dishonest, they do a great job of it, huh?

Truths are hard to say, Lies are easy to repeat.

Know your enemy and what they think but, let me be clear;   only other liberals believe what a liberal says.

Stu is slacking.  Glenn needs to get on him.  13?  Really?  That is all he could find?  Wow, he is WAY overpaid.

Good for anyone that makes it big in this country.   That’s what’s so great about America.   You can succeed financially, talk about how you got there, and  unless your a politician, know that you’ve paid enough taxes to cover the gains.   Capital gains tax, Federal income tax, social security tax, medicare tax, state tax, city tax, service tax, breathing tax and death tax.   What exactly are you working for?  Good question I’d say.

What most people don’t realize is that when Romney was the VP of Bain & Company in 1977 his wages were taxed at the top Federal tax rate of 70%. When he became co-founder of Bain Capital his wages were taxed at the top Federal tax rate of 50%. He took what was left over and invested it and is now living off those investments. When they are cashed in they are taxed at the top federal capital gains rate of 15%. Romney has not only paid his taxes……he has paid more than most people should have to.

you forgot the crapper tax. it’s a new tax that Al Gore made to cut green house gases.

Page #36  http://www.irs.gov/pub/irs-pdf/p15.pdf

As noted below, we now know Buffett’s secretary makes between 200 and a half mil a year.   More Leftist BS propaganda since they know their followers have no use for the truth.  Here’s the Forbes link to shove down the leftist’s throats http://onforb.es/zTt0Xr

Thankfully, it’s not the 1980′s and we don’t have to listen to the same old, lying MSM anymore.

I just hope within my lifetime I see the day all these slime balls go the way of the Burgermeister Meisterburger.

When reading bullsh** like this, I have to ask myself if glenn’s cult leaders like stu are either idiots or are simply paid little puppets.
Mitt Romney has not done anything illegal.  He legally lobbied Congress and secured a tax plan that kept his investment profits at or below 15% and left the door open for him to hide his money in off shore accounts.
stu needs to ask himself a couple of serious questions though…
1.  He bitches about those who don’t pay taxes…ok…but how many of them are running for President as a Republican?
2.  Romney didn’t break a U.S. law…true…but did he break an ethical law by ensuring he pays less while those without Republican Congressman in their pockets pay more?

For today, and every day you post here, I will post your lies on every comment you make on this site….

Why don’t you just go away you liar and Phony Soldier. Everyone would understand that move on your part. Your hate and ignorance is not winning any converts here. You’re the butt of jokes and ridicule.

Please see a professional about your fixation on little children strtlk/mtclayboy.

You’re a lying sack of crap. You denied serving on a submarine, and knowing what SSBN was. I posted your words verbatim.

You’re a Wikipedia sailor and a lying puke.

Here’s your “one on one” you little puke of a man.

1. As mtclayboy you claimed that you served on a BOOMER. As strtlk you claimed not to know what a Boomer or a SSBN was “I don’t care” were your exact words. You also stated that you didn’t know where Bangor, Wa. was which is where Boomers (submarines) are fitted for duty.
Any real Submariner would know that. You didn’t!

2. You then changed your story and claimed that you were on a BOOMER. You lied.

3. As mtclayboy you claimed that you had damaged your ears while serving on a Submarine. As strtlk, you claimed that you damaged your ears while serving on a submarine.

4. As mtclayboy you claimed that you joined the Navy and served for five years on a submarine but according to the timeline you gave that was proven to be a lie. You lied.

5. As mtclayboy you said that you were a Fireman. As strtlk, you claimed you were a Fireman.

6. As mtclayboy and as strtlk, you posted the same bigotry and hate against Glenn Beck almost word for word even using the same spelling and grammatical errors and focusing on the children. I’ve posted many of them here already.

Are you catching on everyone? He’s a liar plain and simple and nothing he claims can be believed.

Folks, I have the posts of these two Phonies and have posted just a couple to prove he is a liar and just makes up stories about his Military Service. His latest story is right out of Wikipedia. His classified VMS crap is also right out of Wikipedia and US NAVY.mil. I’m a member there.

He wants to take me on “one on one” when he’s already proven in his own words that he’s a liar and a fake.

Flag the idiot so he can come back as another loser like his other fake ID “Vinny” where hes a 10 year Army Sargent on another classified secret mission that he can’t talk about.

There you go loser, “one on one” only I backed up my posts with facts and your own words as proof. Why don’t you have the balls to admit to your lies, tuck your head up your A$$, take your bigotry and hate and Phony Soldier ID and leave us honest people alone?

Once again, Here you are caught in your lies. These are your words verbatim:

strtlk said: on Hollywood elites want to be taxed more 09/24/11 07:51 PM

“1. No idea where Bangor, WA is. I thought Bangor was in Maine!
2. What the heck is a “Boomer” or SSBN? You know what…I don’t care!
3. Reminding people that glenn was a dead beat dad is a factual statement about him, not his innocent children. Nice try though slime ball.
3. Either talk about something relevant and stop this, you are jason bourne crap!”

Caught in your lies strtlk.

Thanks for proving me correct.

Folks, strtlk/mtclayboy has been caught in his lies, He’s a lying sack of crap.

The largest and most money absorbing corporation in the United States is the “U.S. GOVERNMENT”.  Our “GOVERNMENT” sucks in hundreds of billions of dollars into the ‘TREASURY” every month from all sorts of taxed, fees, you name it  vacuums our business sector like an F-15 turbine in reverse.  Yet, our beloved “GOVERNMENT” miss uses our taxed dollars in ways we can’t imagine.  “FRAUD”, “WASTE”, and “ABUSE”  is our “GOVERNMENT’s” favorite passtime.  “SOCIAL SECURITY”, “MEDICARE”, “MEDICAID”, etc…etc…All are in such a state of national financial disarray it’s going to take a power greater than ourselves to figure this mess out. To make matters more convoluted our beloved “GOVERNMENT” has just increased the national debt by another 1.2T dollars sending our national debt to a 16T dollars high.  We proud, and boasts to be the most powerfull nation int he world, along with the most of the most of the most.  But, at the rate we are going these trillions of dollars will turn into a giant chain that will flush us all down the mighty toilet. The very sad thing about us is that as long as we can afford our daily hamburger, fries, and coke every thing else is irrelevant.  But, even our hamburgers, fries, and cokes will become a luxury as soon as we reach the 20T dollars mark, or the chain might have been already pulled.

A Lie repeated a thousand times is still a Lie.

Was that green house gasses or out-house gasses?

Glenn – WHOSE CHOICE RIGHT NOW IS SANTORUM, NOT ROMNEY – and his company defend TRUTH. They don’t defend each candidate because they all need a “turn”. If anything, Gingrich needs to be ATTACKED because he’s a bloody Progressive and Paul should be attacked because he’s horrendous on foreign policy and in a few other places. Maybe if there’s some major smear job going on about one of them, they’ll get some defense. Just like both have enjoyed in the past from Glenn, Stu, and Pat.

Anyway, anti-Mormon bigots and capitalism haters like you don’t get to make demands, so shut up.

Outrage at what? Their own ignorance? Their zombie audiences for not falling into line fast enough? You’re a tool.

both LOL!

no callouses on his hands

If you use the 2011 1040 instruction and figure the tax owed by a single person who takes the standard deduction of $5800 and the 1 exemption allowed of $3700, they would have to make $62,500 and owe $10,006 to pay at a 15% tax rate.  At the same $62,500 income for a married couple with two children, they would have a standard deduction of $11,600, 4 exemptions allowed for a total of $14,800, a $2000 child tax credit, and a total tax owed of $2,569  that results in a tax rate of 4.1%.  If they itemize their deductions, the tax owed and rate paid would be less.  If you reduce their income to $50,000 in both cases, the tax owed would be $6244 and $694 respectively, and the corresponding tax rates drops to 12.5% and 1.4%.  So it is obvious that Glenn is correct when he implies the liberal media are lying As!hol#%.  Fortunately, 50% of the population don’t pay any federal taxes, because they are likely incapable of figuring out the taxes they might owe.  Unfortunately, the majority of this 50% are to lazy to inform themselves or not smart enough to know the media is lying to them.       

Stu does a great job of showing Americans why glenn sounds like such an idiot.  If beck’s fact checkers are as dumb as this little cult boy, his decline will be faster than America thought.

What is happening is typical of the Marxist left, selective outrage.  The
rich are evil in their pathetic schoolkid minds, but only the rich on the other side.  The left really has no sense of morality, they just feign it to meet the specific evil agenda of destruction of the individual. Like Reply

For today, and every day you post here, I will post your lies on every comment you make on this site….

Why don’t you just go away you liar and Phony Soldier. Everyone would understand that move on your part. Your hate and ignorance is not winning any converts here. You’re the butt of jokes and ridicule.

Please see a professional about your fixation on little children strtlk/mtclayboy.

You’re a lying sack of crap. You denied serving on a submarine, and knowing what SSBN was. I posted your words verbatim.

You’re a Wikipedia sailor and a lying puke.

Here’s your “one on one” you little puke of a man.

1. As mtclayboy you claimed that you served on a BOOMER. As strtlk you claimed not to know what a Boomer or a SSBN was “I don’t care” were your exact words. You also stated that you didn’t know where Bangor, Wa. was which is where Boomers (submarines) are fitted for duty.
Any real Submariner would know that. You didn’t!

2. You then changed your story and claimed that you were on a BOOMER. You lied.

3. As mtclayboy you claimed that you had damaged your ears while serving on a Submarine. As strtlk, you claimed that you damaged your ears while serving on a submarine.

4. As mtclayboy you claimed that you joined the Navy and served for five years on a submarine but according to the timeline you gave that was proven to be a lie. You lied.

5. As mtclayboy you said that you were a Fireman. As strtlk, you claimed you were a Fireman.

6. As mtclayboy and as strtlk, you posted the same bigotry and hate against Glenn Beck almost word for word even using the same spelling and grammatical errors and focusing on the children. I’ve posted many of them here already.

Are you catching on everyone? He’s a liar plain and simple and nothing he claims can be believed.

Folks, I have the posts of these two Phonies and have posted just a couple to prove he is a liar and just makes up stories about his Military Service. His latest story is right out of Wikipedia. His classified VMS crap is also right out of Wikipedia and US NAVY.mil. I’m a member there.

He wants to take me on “one on one” when he’s already proven in his own words that he’s a liar and a fake.

Flag the idiot so he can come back as another loser like his other fake ID “Vinny” where hes a 10 year Army Sargent on another classified secret mission that he can’t talk about.

There you go loser, “one on one” only I backed up my posts with facts and your own words as proof. Why don’t you have the balls to admit to your lies, tuck your head up your A$$, take your bigotry and hate and Phony Soldier ID and leave us honest people alone?

Once again, Here you are caught in your lies. These are your words verbatim:

strtlk said: on Hollywood elites want to be taxed more 09/24/11 07:51 PM

“1. No idea where Bangor, WA is. I thought Bangor was in Maine!
2. What the heck is a “Boomer” or SSBN? You know what…I don’t care!
3. Reminding people that glenn was a dead beat dad is a factual statement about him, not his innocent children. Nice try though slime ball.
3. Either talk about something relevant and stop this, you are jason bourne crap!”

Caught in your lies strtlk.

Thanks for proving me correct.

Folks, strtlk/mtclayboy has been caught in his lies, He’s a lying sack of crap.

I think most people are factoring in all of their other deductions with their taxes by factoring the TOTAL % deducted from their gross salary.  I am in the 30% bracket when I do this, but that’s not the % I pay in TAXES ONLY!  A higher % comes out of my check for other deductions.

Hi Glenn…
I got something that you will might be interested with.
email me: tomer@tomerperetz.com 

who gives a damn what he pays.  HE’s not going to change anything for us.  HE’s just like John McCain..he’s going to be good at telling us what went wrong, but he doesn’t have the guts to change it.  HE’s one of them.   YOUR BOSS stepped in it big time,  you should probably stay out of politics since Glenn stinks at it, and focus on inspiring Americans to learn history, to protect their families, be good to Israel, Be self-sufficient…areas you excell in… you stink in politics and no one gives a damn about the phony tax rates that some CORPORATE RAIDER pays.  WE all know he’s a CORPORATE RAIDER…why didn’t you address that?  Oh, right, it’s ROMNEY.  YOU think he’s the only one who can beat OBAMA.  Instead of getting behind the person who really can…not the phony Bachmann or the “before-his-time” Santorum…Well, if NEWT gets a chance he will turn AMERICA around, and you are 1000% wrong about this PROGRESSIVE title you are trying to foist on him.   He’s a PATRIOT.   GEEZ!!!!!!

I fail to understand how this could really make a difference, I think that the regime has run outta steam, they are scrambling for anything they can get their hands on to make it look like they are the good guys. I really feel we need to go to a flat tax rate, well at least some sort of modified flat tax rate. The Irs is one of the biggest money vaccum’s they have, sucking in millions and millions of dollars and spending even more.

This is a diversion of the terrible record of obama. As long as these politicians made it legally, I really don’t care about this issue. I have a problem with their insider trading deal though.

I’m also more worried about the weakening of America’s strength along with the islamification of America

Can someone show a link to any of these tax tables, and are you including Social Security and Medicare into the effective tax bracket as tax, or something else?   I make a little over $100K a year running my sales area as a 1099/small business, after business expenses, I pay taxes on $80-90K of income, obviously, with sales, it varies every year.  I wrote a check for ~$25K in federal taxes, and almost $3K in state taxes (IL).  It’s 14 or 15% right away as a self employment tax at the federal level, and then the additional tax from the table.  So I think the 28% is about right for someone doing well, but not Mitt Romney well.  I am not pissed about someone doing better than me, but we only pay into social security and medicare (the first 14 or 15% of the 28-30% tax rate) up to $108K in income.  When your income gets into the millions, you aren’t paying that first 14 or 15% (since you probably won’t collect Social Security with an income that high, I understand and agree with that, but that’s how they come up with the numbers).  So as much as you randomly bash all these guys for giving half truths with out any links to data to support it, you are playing a word game here, too.

When your income gets into the millions, you aren’t paying that first 14
or 15% (since you probably won’t collect Social Security with an income
that high, I understand and agree with that, but that’s how they come
up with the numbers).  – should read, on a large percentage of your income

I would like to know what the effective tax rate of George Soros is, and whether these people are equally outraged and see him as equally evil.

The average American might pay 25% out of their check every week, but at the end of the year those who have paid into the system more then what they owe end up getting a refund check.  The average American making 60 to 100k a year usually pays about 9 to 10% in taxes after their refund check.  Never believe the left.

Why don’t the blame go to the Obama adminstration for Romney’s tax bracket? Quit lying about the tax rate and change if it’s wrong…Dems control what gets passed and what don’t write a bill and make Romney pay more, what? Oh that’s right, if you do that then Prince Harry Reid, Her majesty Nancy Palosie and all their minions pluse all the big name media stars of the leftest news organizations would have to pay more income tax than your average Joe the Plumber!

Mitt’s father gave him nothing, he had to earn the money
first, as an employee, he paid 35% on the income he earned as an employee, then
he invested the money he earned, now he lives off those investment for which he
pays and additional 14%, (Money he was already taxed on, 35%), so his effective
tax rate is…35% + 14% = 49% …get it…it is basic math! Warren Buffet did
the same thing, he earn the money, invested the money, and got doubled taxed on
the money…the Warren Buffet rule is a ruse to keep the pitch forks toting have
not’s away from Warren Buffet’s door!

still living up your butt i see.

I am married with 4 children.  We have figured that we would have to earn close to $70,000 a year to pay any federal tax at all.  We would love to be earning that much and are working on ways to achieve that and more.

I admire Mr. Romney and others like him [Huntsman Sr.] who have the skills and ability to make a lot of money, and then use that money to do good!

What really burns me is how many liberals are millionaires??? Are they not accepting huge pay and probably hiding it so they don’t have to pay alot in taxes?? Please……..

Hmmm, my FIRST question to these morons would be “If we TAKE more money from the “Rich”…how much of that will YOU get?”….(There’s no spin on this question, the answer is Zero!)….You can’t improve your lot by stealing from someone else!

Honestly, I’m sick and tired of people having to apologise for being successful. I’m NO fan of Mitt’s but if he earned his money legally (ragerdless of HOW, so long as it was legal) and he pays what he is legally required to pay, this is a NON ISSUe. The “American dream” is to be able to do exactly what he has done. There is no shame in it.

RON PAUL 2012 

I agree there are a lot of lies about taxes, and this article hits on a lot of them.  Yet, we made under 40,000, but we’re paying around 30% income taxes because of self-employment.  Perhaps we’re a minority: we’re among the minority that was laid-off and unemployed for almost two years, and when my husband got self-employment, we get heavy taxes.  I’m not concerned about Mitt Romney’s taxes or any wealthy person.  I am concerned about the seemingly random tax laws, however.

However, that annual 15% equals more than I have made in a lifetime. We should be looking at the tax program in a different light. The poor don’t have any money to tax, and the middle class is disapearing rapidly. So the only people left to tax are the rich. Taxes don’t really concern me because I am retired however we might ask the proper question. What will happen to the new taxes? Pres. Obama has never alluded to the destiny of any new taxes. Will he use them to pay down our debt, or use them to further beat us down with more debt. The opposite of more taxes is to cut spending, which I think most Americans would prefer. A 20% budget cut for all federal departments would be a good start. Cut the bloat from the donkee’s belly and he will be better qualified to work a full day.

You need to find a better tax person. There is no way you should be paying 30% in Federal taxes. 

In this country ‘legal’ IS right.  The laws of the land were created to be followed.  You have no right to try to inject your own morality into the discussion, as your idea of morality is probably completely opposite other peoples.  That is why we have rules to be followed regardless of our personal moral beliefs.

First of all Americans wake up. There is no such thing as the trickle down efect. If the “Rich” get any stimulus money it goes into their own bank account not to you. There is only one way a stimulus package will ever work. Spend Up! Take money from the rich and give cash to the under privileged and they will buy consumer goods and speed up our economy. Think I’m crazy? Well when Pres. Obama bailed out the banks what happened to the money? The banks gave all their leading officers huge bonus’s. Trickle down was effectively stopped. Raise taxes on the rich? To what end? Why, so they can spend more? Spending is a sickness in Washington. You can never borrow or spend your way out of debt. Fiscal responsibility is the only answer. In the short term it will hurt but it is truly the only answer.

Frankly, I’m not worried about their tax rates and what they paid.  I’m worried about MY tax rate and what I WILL play.

They understand, they have to, I barely graduated from high school and did not do very well in Math and that is being generous to myself–but I can see that they are just trying to keep CLASS WARFARE GOING–most people think that when they get the big tax-return back it is because the GOVERNMENT  is returning their MONEY–not so, above and beyond what we have deducted in taxes every year we get more money due to-DEDUCTIONS–Mortgage interest, 2 children, property taxes etc.–if it were not for these deductions(loopholes) we would not get as much money back every year. People see this–but they like to think it is their money(in a way it is–but it is OPM as well).

Here’s the thing.  If Mitt Romney wasn’t paying what he legally owed in taxes, and the IRS could figure out a way to slam him, they would go through him like a box of Epsom Salts. And did you know that the IRS changes their tax laws every 3 months and that when you call the IRS for information no one, and I repeat, no one, you talk to will give you the same, correct information.  They don’t even know what is going on.  I don’t blame them, but if they can’t give correct information how can our accountants be on top of everything. The IRS is out to extract every penny (actually, millions and millions of pennies) they can from us and then slam you with fines that are more than what they say we owe…and who is pulling the IRS strings?  It ain’t me.  

This proves that if you have a lot of money, you can put it in places to bring in an income which gets you a lower tax.  Money makes money.    Who needs 250M?? You can only manage it to make more and you really don’t need much more than $100,000 to live on – very  comfortably !! But maybe if you own your own plane–But
who needs  4-5  houses? You can’t live in all at once.  I am talking about NEED.  Now maybe having a full staff taking care of them until you come to stay there awhile is  creating jobs??? And owning a plane and keeping a staff to keep it in shape, food and cleaning until you’re ready to use it is creating jobs. BUT money does make more and it can do that for you  while you are living  out the remainder.  So the answer -SAVE  really do without the goodies and put that savings to work making more money – for a nice retirement  to make up for the SS that is going to have to dry up.

Every time you get a paycheck, you are the direct recipient of trickle down.

That’s exactly the most important right I have. Laws can be wrong, i.e. those that legalize abortion. Get a clue, Diane. Stop drinking the Beck-Cool-Aid. And please, abstain from taking my God given right to dissent.

They have lived in lies their entire life. “Rules for Radicals” gives them a pardon for any lie they ‘need’ to tell to achieve their goals. Thus, you can not embarrass them by pointing out the truth. Truth is irrelevant to any of their desires. In fact, Pride is taken from gaining power through deception. It is so easy for the lame stream media to ‘Pied Piper’ the useful idiots that will ‘Occupy’ anything but a true thought and a job.

my other ‘tax’ pet peeve is calling the amount we pay in Social Security and medicare taxes, — payroll taxes.  which confuses mmost people.  Then everyone is concerned about the stability of Soc Sec and Meciare – YET, people want the ‘tax break’ on their payroll taxes, so they only have to pay in 4.2% instead of 6.2% for Soc Secu – which means LESS going into that system which has real problems maintaining right now.  But, by saying “payroll taxes’ people are confused and most think they are getting a break on the federal income taxes — and you better make sure my social security is there when I retire!..  geesh.

Fine Tapestry – there’s a reason capital gains taxes and interest income are taxed at lower rates.  That’s because it’s income on money that’s already been taxed and it’s putting your own money at risk.  So you earn $50 bucks and you pay regular income taxes on that $50, and you take $10 of the after-taxes and invest it, at a risk.  Remember, you’ve already paid taxes on the $10 of investment, and you’re putting your $10 at risk.  Then you make $1 off the investment for that year.  The $1 profit is taxed at a lower rate because 1) the original $10 was already taxed, and 2) you put your money at risk.  Now suppose you got another $50 and the same scenario — you paid your taxes, and with $10 of what was left, you invested in in another venture.  But in this venture, you lost $5 instead of making $1.  On your income taxes next year, you can deduct the $5 loss, but all you recover is the taxes on that $5, not the whole $5.  So you’re out a couple of bucks.  That’s why capital gains and investment income is taxed at a lower rate.  

I agree, MarsBarsTru7 — I don’t think business/corporations should pay any tax, as it’s all just pass down to the consumer anyway and the individual tax should top out at 10%.  If the Federal government stayed within the limits set by the Constitution, it wouldn’t need so much money.  

I’m dizzy. No matter how you put it. When the system works to make the rich richer and poor poorer, then it’s rules are wrong. Your economic logic is mathematical, it should be anthropological. We are humans, not numbers.

Wrong! When a person gets a pay check, they are a direct recipent of their work for that employer. I am retired and a direct recipient of the money I put into SS with my employers matching funds while I was working. And for Obama to tell me that we are to broke to give me back my money is rediculous.

I agree with Amanda, this is a Non-Issue. There are plenty of other reasons not to vote for Mitt, his tax returns are not one of them.

You expected something different from these_____, you fill in the blank……

It is not the tax payers who are the issue or the problem in this country, it is the government’s inefficiency and careless spending!

The truth is, that WE ALL pay way too much in taxes, and, if you add in all the hidden taxes on cigarettes, liquor, telephone use, sales taxes, gasoline taxes, excise taxes of all sorts, school taxes, state taxes (both property and income in most cases) etc. an nauseum, we are ALL paying about HALF of what we make in taxes or “fees” (try getting a DL without paying a “fee”) .

This is just a partial list, but NONE of these taxes were in existence at the turn of the 20th Century:
Accounts Receivable Tax, Building Permit tax, CDL license tax, cigarette tax, corporate income tax, dog license tax, excise taxes, federal income tax, federal unemployment tax, fishing license tax, food license tax, fuel permit tax, gasoline tax (approaching $1/gallon), gross receipts tax, hunting license tax, inheritance tax, inventory tax, IRS Interest and Penalties–a tax on taxes, liquor tax, luxury taxes, marriage license tax, medicare taxes, personal property tax, property tax (real estate), service charge tax, social security tax, road usage tax, RV tax, sales tax, school tax, State income tax, state unemployment taxes, 8 different “fees” and taxes on telephone usage, utility taxes, vehicle registration taxes, watercraft registration tax, well permit tax, workers comp. tax. 

If people have a problem with what he is paying then let’s get the tax code reformed!!! No one has the guts!

Glenn doesn’t point this out, but there’s a second layer to this lunacy. When they talk about, say, a secretary, that supposedly pays so much more than Romney. Well, in ALL cases, to be in that situation they’d be making well into 6 figures, and after deductions to hit the effective 35% range would almost certainly be at $200k plus. Now remember what Obama wants, he wants to increase taxes for everyone making more than $250k. In other words, the same people they are pointing at as examples of the inequity are also in line to be taxed more! That is, of course if they really are paying as much more than Warren Buffett and Mit Romney as these people say they are. Wow.

Incorporate! You might as well gain the tax advantages if you’re going to pay the tax penalties of being self-employed. The current tax code despises non-corporate entrepreneurship. Your corp still pays the FUTA taxes, but you can expense almost everything. This is probably due to the fact that the tiny group of self-employed individuals around never got together and lobbied for reform. So just incorporate and take advantage of all of those perks that the corporations got through with their efforts.

You are comparing apples to oranges here though, whether you are self-employed or not, someone covers those expenses. For those employed by a corp, the corp pays those… they just don’t show it as part of their gross income. So to do an honest comparison between a sole-proprietor and an employee, you have to add back the FUTA to the employee, and then we’d all be at a much higher effective rate. I guess the illusion that when the employer pays it that it doesn’t come from us, works for some folks. Not me… I figure I’d be worth more if they didn’t have to pay to employ me.

Anyway, Romney undoubtedly has his personal income tax buried under lots of different corporations. So his individual taxes “look” much lower as would yours if your corporation was eating a big chunk of the taxes. So don’t be fooled by the double speak. The problem is Obama wants more money, and will use any argument to justify getting it. 

They should mention the fact that other countries import tax us to death! And we allow China to run all over us and Japan as well, i have no problem with citizens of either country but why are we overlooking the elephant in the room? They royally screw us on trade but the super wealthy including left wingers benefit from it in the short term while we rack up debt in the long run as a nation and lose American jobs and kill the middle class! We have a SPENDING PROBLEM! and STUPIDITY problem! China bends us over and in the meantime does military exercises when we visit to show how dumb we really are! We have a tax problem its called a DUMB Tax code.. not LOW taxes.. geeze like the Gov needs more money! THEY BURN IS LIKE ITS MADE FOR WASTING!!! they do NOT need MORE money!!! look how they spend it!!!!!!!!!!!!!! look it up!! I’m sorry but Bush and Obama both are the same.. big spending progressives! I prefer Bushes spending 10-1 over Obama’s! BUT BOTH wasted more tax money than ever should be spent! And what is to show for it? little to nothing! American has amazing people here military and non! Private sector and Public types… but those who have their hand on the wheel are seriously steering us into a collapse or one world order! probably collapse!

Whats the difference? He’s rich & of coarse he paying way to low taxes in proportion to working class individuals;six of one, half a dozen of another, politician!!!!!!!!!!!!

That’s not the issue.  Everything he did was legal.  The question is should it be?  (i.e. off shore Cayman, Swiss, and Irish tax shelters.) 

A typical well paid middle class secretary with no deductions might pay about 15% income tax.   She would have to earn $450,000 (not middle class) to have to pay as much at 32%, which would put her clearly out of middle class.

OMG! Either the libs R really mucking bad at doing their taxes and/ or math OR they just like spouting off crap, these kinds of rhetoric where the rich R getting scot off has got 2 stop! Even if all the ‘naires (including JB) have ALL of their assets confiscated by the U.S. gov, it’s not going 2 pay down the debt by much!

Just consider the sources of these lies.

The way I see it they are attacking Romney for paying his taxes as required, is that not correct? Now if I assume Obama paid his taxes he is guilty of the same, correct? Now Romney also gave 15% to charity and Obama 1%. Hmmm. Now when was the last time Warren Buffet paid his taxes?? What does George Soros pay in taxes??? Why is it wrong for one man to pay his taxes but it’s OK for other men to only talk about other people paying them?  Is the American public really this ignorant? Apparently 48% of them are. Do you pay your taxes? do you give to charity? You must be a very bad person if you do.

Can it be abrdged?

Stu, I think the taxes are a side issue, but if the Republican candidates let the media focus on it without countering and attacking the opposition, then we can chalk it up as another loss in the war of ideas. For example, it might be pointed out that Obama paid 26% on his 2010 taxes according to the White House website, which is also less than Warren Buffet’s secretary supposedly pays. However, the ideal Republican candidate will be storing up a barrage
of verbal ammunition to launch at the President, and saving them for the main
event. Because what we are now engaged is nothing less than a fight for an
America that respects personal liberties. The Republican candidate must present a vision of
how the future will look if the President remains in charge, and how it will
lead to an era of federal domination, high unemployment, and shortages in
healthcare. Then he should brand it in a way that is easily understood by all,
like calling the future American system Obacracy. In 1857, there was a struggle
in America for the minds of men between slavery and anti-slavery forces. The
anti-slavery forces were led by a small faction of abolitionist Senators, House
Representatives and newspapermen. These men “manufactured” the news and “seized
upon the issues,” according to Professor David M. Potter, although they were
not nearly as well financed as their opposition. Hopefully, the idea of socialism
as the supreme form of government will soon be as dead as slavery, and while
the Republican party now, like then, does not have the money of the opposition,
(think billion dollars,) it must win the war of ideas. 
   

In 1857, the Republicans won by painting their enemies as villains
in an unending drama known as “Bleeding Kansas.” They pounced upon every event
of murder or intimidation that occurred there or elsewhere, as the result of
the forces of slavery, even when those forces were the murdered victims. While
it would be unwise and without merit to label the President a villain, there
are other monikers that apply such as: dangerously misguided. In an Obacracy,
the federal government sues the states as well as its own former CIA agents, and
intimidates private companies. In an Obacracy, the costs of thousands of new
IRS agents, combined with their enforcement of the full weight of Obamacare upon
the country by 2014, will cause the government to suck up and mismanage more
money than anticipated. This will send the economy into a downward spiral. A
similar scenario happened around 1938, during FDR’s second administration, when
higher taxes and government mismanagement consumed the country’s money supply
and sent a faltering economy back into depression. Factories stayed empty
because of the enormous costs associated with investment, and the same will
hold true under an Obacracy.

On the other hand, no drama is complete without a hero, and
the Republicans must present themselves as throwing off the shackles of tax
collectors and restoring the people’s freedom. They must be the ones who lead
the charge for tort reform, cheap energy, and market principles. A successful
campaign in the war of ideas must engage the people’s intention by seizing upon
every event and making it a drama, for surely that is what the Democrats will
do. Which leaves one to wonder, what kind of drama will Obama create?  

Paul Riegert, M.A.

Would anyone want a 99%er running the country? Would you go to a poor person for a job? If Mitt paid income tax at 28% on earned income and then 15% on the same income as invested capital gains, that means he paid 43% on the same dollars. Are people stupid? He pays 15% on 100 million, thats fine it totals up to more than any 99%er pays. Does he use more of the highway system than those paying NO taxes? Does he use more water or air or electricity? One human can only consume so much.

You are absolutely right.  Small businesses are on the IRS’s extermination list.  They want big business…an IRS agent told a fellow contractor that.  And our percentage rate was about 50% after the IRS audited us.  And lest you think we were holding back somehow so we deserved it, not so.  My husband keeps impeccable records.  Even the IRS auditor said so.  But still, she had to assess us with more taxes, probably to make her salary worthwhile.  She didn’t fine us because any errors were the accountants mistakes, but we still can’t figure out why we had to pay so much in taxes.  New accountant?  Yep.  It has been more than stressful.

Why don’t you do this same thing with a list of the things Obama has lied about? I think it would be very effective. You could probably quote the same people. I have found that a large number of people do not know what Obama is doing!S

This article is really pushing boundaries of “truth”. It is essentially comparing the income tax rates of earned income versus unearned income. Which is really comparing apples to oranges. Here’s the truth:
Romney A makes $20 million from his long term capital gains (Unearned income).Romney B makes $20 million from his annual salary (Earned income).
The difference is unearned income is taxed at a rate of 15%. Meanwhile, earned income (the tax most people know) is taxed at a tiered/progressive rate, based on income amount.
Now Romney A would have paid 15% in taxes on his unearned income. However, Romney B would have paid 35% in taxes on his earned income.
Obviously, this 35% is then lowered based on the number of deduction, exemptions, etc. you claim, but it still wouldn’t negate your tax burden by 20%.
If the tax rates were not adjustable and each paid the full tax rate (15% & 35% respectively).
Romney A would have paid $3,000,000 in taxesRomney B would have paid $7,000,000 in taxes or roughly 2.5 times as much.

This is the difference between the tax rates of earned income (most of us) and unearned income (the wealthy).
Disclaimer: I don’t blame the wealthy for being successful. That’s the American Dream. However, I do blame the legislators who pass tax law that is favorable to the wealthy.

When will someone in the media actually mention the TOTAL taxes paid, in dollar amounts?  When will the media stop intermixing incremental tax rates and effective tax rates in their examples?  And when will this administration ever acknowledge that the very same investment incentives they propose to spur investment in order to stimulate the economy are the very same tax breaks they denounced and used to villify the very investors who supported those programs.  It takes investment which yields financial gain in order to create productive industry, (i.e. jobs).  And why does the media villify Romney, who paid all the taxes he owed, but they won’t villify Tim Geithner, Obama’s pick for Treasury Secretary, who doesn’t even pay what he owes! 

I am so sick of the quintessential secular progressive inferiority complex that is class warfare being spewed forth on the internet and in print and in the 24 hour news cycle like drunken projectile vomit!!!  Self respect is the only thing that separates us from these losers!!!  I’m a broke a$$ college student and I still couldn’t be that stupid!!!  

I believe that’s called trickle up poverty!!!

I am an average,  albeit a bit nutty White, American, grandmother of 17 beautiful grandchildren, Mother of five lovely children and pride myself on having a bit of common sense.  I do not get it.  My husband and I have worked hard all our lives to provide all that we could for all those beautiful people I have just spoke about.  We have never been rich,but have always been hardworking.  I am a happy person, never have we not been without our struggles.        we work through them.  Who cares if Mitt Romney is rich.  What is the problem with that.  He has made his fourtune and  people are jelouse of that?  Get real people.  It just makes me so angry the way people think, sometimes.  You seem to me to be not only dumb, but you who feel this way about it must not have an ounce of common sense.  I am not an edcutated person.  I got my High School diploma, and shorty after met and married this hard working man, and started a family.  What is  everyone in such an uprour about how much he makes?  Just be hardworking, honest, fun-loving, and shut the heck up.

The people pointing the fingers are hypocrites and lairs.

Look the media if a herd of cattle. They all get their talking points and spread the same worthless sensationalism in order to feed the none thinking self important progressives.
These are just kids working to impress their friends and keep their jobs and MAKE MONEY!
These empty suits are frauds with NOTHING important to talk about. TV is a vast wasteland!!!!
We, the people are being fed garbage and these media empty heads keep throwing their slop to the hogs and MAKING MONEY!!!!

I understand that this is the first election since taxes were introduced that over half of those voting in the election will pay zero federal income taxes.  Thus is exposed the FAIR SHARE doctrine of the libs..

Eat the rich.  Then when there are no more rich, eat your neighbor.  Sounds like a good plan, don’t ya think?

This article is really pushing boundaries of “truth”. It is essentially comparing the income tax rates of earned income versus unearned income. Which is really comparing apples to oranges. Here’s the truth:

Romney A makes $20 million from his long term capital gains (Unearned income).
Romney B makes $20 million from his annual salary (Earned income).

The difference is unearned income is taxed at a rate of 15%. Meanwhile, earned income (the tax most people know) is taxed at a tiered/progressive rate, based on income amount.

Now Romney A would have paid 15% in taxes on his unearned income. However, Romney B would have paid 35% in taxes on his earned income.

Obviously, this 35% is then lowered based on the number of deduction, exemptions, etc. you claim, but it still wouldn’t negate your tax burden by 20%.

If the tax rates were not adjustable and each paid the full tax rate (15% & 35% respectively).

Romney A would have paid $3,000,000 in taxes
Romney B would have paid $7,000,000 in taxes or roughly 2.5 times as much.

This is the difference between the tax rates of earned income (most of us) and unearned income (the wealthy).

Disclaimer: I don’t blame the wealthy for being successful. That’s the American Dream. However, I do blame the legislators who pass tax law that is favorable to the wealthy.

my neighbor’s step-mother’s base pay is $80/HR 0n the c0mputer .She has been out of work for 5 months but last month her paycheck was $7597 just working on the laptop for a few hours. Here’s the site to read more,

View More

Thank Harry Reid that POS

It would be nice for everybody to see that his money was taxed at a higher rate when he made it.  15% on investments is well within the law when you have already been taxed on the money in the first place.  If all the pinheads out there want to be taxed twice than let them match his taxes.

I am not as concerned about Romney’s taxes
and hate to change the subject
but please be aware on the abortion issue Romney has stated he is pro abortion and will never change his mind yet now avows he is anti abortion. Please watch the long 5 minute video available on u tube and make YOUR decision when you vote carefully. Who can really beat Obama? Obama will use Ronmeys money against him. Romneys flip flops on abortion etc. He attacked first and hard against his GOP base with Carpetbombing. But taxes aside please check the video on abortion. U tube!

fair, fair share, fairness, reminds me of my kids, for pete sakes can the president change the record. What’s fair is to have all citizens pay the same percent to the feds, you work you pay this much, then let the feds live with in it’s means. The poor, well a wise man once said “the poor will always be with you”. We are able to take care of each other (if the other wants care) w/o the feds, we have done it before. I am a true capitalist, I want to make money and keep as much of it (if not all). I don’t see why the gov is getting involved with a personal contract/agreement (income tax) where is the freedom? 

Lies by Democrats, atttempting to divide America.

Romney Care funds Planned Parenthood too

Very cool line up of all the “best and brightest” minds of the left.   Of course, if there were a sarcastic font, I would have written that first sentence using it.   Do journalists have a check and balance to make sure the BS they spew is accurate or is  it the fact that they have access to the airwaves that “makes” it all good to go?   Don’t bother replying, we know the right answer. 

 The question you raise is not even the question that should be raised.  It should be “what about the 50% who receive money from the gov’t and don’t pay squat or do anything for it.”   Flat sales tax for all.   The IRS will never get it right, nor will the congress.   Flat it, period.  Everyone pays or they STFU.  Meaning, if you don’t pay, you don’t get to vote.   Take that and smoke it.

Gee, sounds too good to be true.    Sign me up, i’ll take a dozen.   idiot

If Soros is for Romney, shouldn’t we be against him (Romney)?

are you actually defending romney? Glenn, you used to be what i thought of as a prophet. Now, I don’t understand you at all.

BTW, Romney, being such a GOOD businessman, could have started several businesses with all that money he has, instead, he is taking advantage of tax laws which allow him to keep more of his money. Business taxes=35%; investment taxes=15%. That is another reason that we have a high unemployment rate. Why open a business? when investment pays so much better.

guarantee you it is 15%. at least he is in the business of employing LOTS AND LOTS of people…leftie, pinko communist people…but they do buy stuff with the money

Amanda, please think about romney and his money. if he is such a good businessman, why isn’t he opening businesses? He chose to put all that money in personal accounts which benefit him. If he used his ‘business skills’, he could single-handedly lower the unemployment rate.

oh richard, I so agree. I see what the ‘safety net’ has brought us. no representation without taxation…. heehee

melanie, what good? his money is in private accounts that benefit him, alone. If he is such a good businessman, why didn’t he open any businesses?  Huntsman, Sr. Is using his money for good. Romney, however, is only feathering his own nest. WHY?

If Romney is the best we can do for a candidate, I will stay home.
He is Obama lite.

Glen,

I hope you will continue the expose of Obama and his marxist.communist czars during the coming presidential election.  I really do miss your courageous comments and well documented truths about Obama.  The average american does not have the true and complete picture yet and we all really do need you to continue your work for us.

I pray to GOD that you help us.

how bout this; GE pays NO TAXES! ZIP! ZERO! NADA!

Romney is descended from Parley Pratt did you know that Glenn Beck?  Go look at Romney’s family GENEALOGY.  Romney is the best chance we got against Obama.  Why?  He has the money to WIN!  He has the brains, the looks, the good family, etc. etc.

better then Obama heavy.

You actually like Sawyer?  Cause she looks good or what?  She hasn’t made enough anti-America statements to not like her?  How many treasonous statements is enough?  How much dishonesty is enough?  If we could justify liking her ABC would have to fire her for insufficient sedition.