Romney's Tax Hike for the Middle Class

[whell]

Originally Posted by merrylander

According to this we are all on welfare

http://www.time.com/time/magazine/ar...123809,00.html

See? We ARE all soci@lists now.

[Rex E.]

Originally Posted by whell

See? We ARE all soci@lists now.

It's a shame that things like this have to be pointed out to folks but most are to ignorant of the fact and just plow on with their "rugged individualism".

Time for folks to realize they been on the tit most of their lives one way or another and to just start being more Soci@l and neighborly in general.

[BlueStreak]

Originally Posted by Rex E.

It's a shame that things like this have to be pointed out to folks but most are to ignorant of the fact and just plow on with their "rugged individualism".

Time for folks to realize they been on the tit most of their lives one way or another and to just start being more Soci@l and neighborly in general.

And that they've been paying the way for others, even through private insurance, their entire lives and they always will. It just isn't going to work any other way.

Dave

[barbara]

Originally Posted by BlueStreak

And that they've been paying the way for others, even through private insurance, their entire lives and they always will. It just isn't going to work any other way.

Dave

I think I heard it said best in a recent speech I listened to:

But we also believe in something called citizenship – a word at the very heart of our founding, at the very essence of our democracy; the idea that this country only works when we accept certain obligations to one another, and to future generations.

(President Obama, DNC Speech)
http://www.huffingtonpost.com/2012/0...n_1849133.html

[merrylander]

Originally Posted by barbara

I think I heard it said best in a recent speech I listened to:

But we also believe in something called citizenship – a word at the very heart of our founding, at the very essence of our democracy; the idea that this country only works when we accept certain obligations to one another, and to future generations.

(President Obama, DNC Speech)
http://www.huffingtonpost.com/2012/0...n_1849133.html

Amen, and I did not have it thrust upon me by birth, I asked for it

[Boreas]

Originally Posted by whell

See? We ARE all soci@lists now.

Far from it but we all, whether we choose to acknowledge it or not, benefit from "soci@list" programs. "Rugged individualism" was an important characteristic of American society when we were settling the frontier, though even then it had its drawbacks, but it's anachronistic and destructive today.

John

[Boreas]

Originally Posted by merrylander

Amen, and I did not have it thrust upon me by birth, I asked for it

Well, maybe the American "brand" but citizenship and a sense of the commons is as important in Canada as it is here. (Except for Toronto. Everyone hates Toronto. )

John

[merrylander]

Originally Posted by Boreas

Well, maybe the American "brand" but citizenship and a sense of the commons is as important in Canada as it is here. (Except for Toronto. Everyone hates Toronto. )

John

The fun part is that the only way to disavow your citizenship in Canada is to go to the government and tell them you don't want it (in person). Since the few times I have been there I was otherwise occupied I still have both.

That's Tarrana

[CarlV]

Good Stephanopoulos article on a Romney interview on Yahoo. Very scary actually.
http://news.yahoo.com/exclusive-romn...politics.html]

Feldstein says Romney's math will work, but he would have to eliminate the home mortgage, charitable, state and local tax deductions for incomes greater than $100,000.

When I pressed Romney on that point, he conceded that he actually hadn't read the Feldstein report that he and Paul Ryan cite on the campaign trail.

"I haven't seen his precise study," he said.

"I said that there are five different studies that point out that we can get to a balanced budget without raising taxes on middle income people. Let me tell you, George, the fundamentals of my tax policy are these. Number one, reduce tax burdens on middle-income people. So no one can say my plan is going to raise taxes on middle-income people, because principle number one is keep the burden down on middle-income taxpayers," he said.

Romney defined middle income as $200,000 to $250,000 a year.

"Number two, don't reduce the share of taxes paid by the wealthiest. The top 5% will still pay the same share of taxes they pay today. That's principle one, principle two. Principle three is create incentives for growth, make it easier for businesses to start and to add jobs. And finally, simplify the code, make it easier for people to pay their taxes than the way they have to now," he said.

I don't know where he gets his middle class figure, it certainly isn't the USG Census Bureau.

FOR IMMEDIATE RELEASE: TUESDAY, SEPT. 13, 2011
Income, Poverty and Health Insurance Coverage in the United States: 2010
Summary of Key Findings

The U.S. Census Bureau announced today that in 2010, median household income declined, the poverty rate increased and the percentage without health insurance coverage was not statistically different from the previous year.

Real median household income in the United States in 2010 was $49,445, a 2.3 percent decline from the 2009 median.

The nation's official poverty rate in 2010 was 15.1 percent, up from 14.3 percent in 2009 ─ the third consecutive annual increase in the poverty rate. There were 46.2 million people in poverty in 2010, up from 43.6 million in 2009 ─ the fourth consecutive annual increase and the largest number in the 52 years for which poverty estimates have been published.

The number of people without health insurance coverage rose from 49.0 million in 2009 to 49.9 million in 2010, while the percentage without coverage −16.3 percent - was not statistically different from the rate in 2009.
http://www.census.gov/newsroom/relea.../cb11-157.html

Or am I missing something here?


Carl

[CarlV]

I also like the part where he says he is quoting a report he hasn't read but starts off the interview with Obama is a liar. Again.


Carl