Archive for Mitt Romney

Mitt Romney’s: Obama Voters are the 47% that pay no income taxes

47 percent pay no taxes mitt romney obama votersIn a private fundraiser a few months ago, Mitt Romney ‘explained’ to his crowd of wealthy donors that Obama firmly had 47% of the vote secured and that this 47%, are the 47% that depend on the government and “pay no income taxes.” Now, it’s categorically untrue that 47% pay no income taxes (it’s true that 47% pay no FEDERAL income taxes, and this doesn’t exclude them from paying state or other local income taxes, nor payroll or sales taxes–and these last two hit the bottom earners at a higher percentage than top earners).

The 47% who aren’t paying federal income taxes aren’t paying into this bucket because their wages have fallen below a certain threshold as more and more of their productivity goes to the top 1%. In terms of after-tax income, the bottom half has gotten most of the shaft. Mitt Romney and his puppet masters would have us demonize these low income earners for not paying federal income taxes.

Republican apathy toward this continuing trend is astounding. Here are the facts.

Mitt Romney on Taxing the Rich in America

“You know there was a time in this country where we didn’t celebrate attacking people based on their success.”

This was Mitt Romney’s response to a question regarding making sure the wealthy pay their fair share of the social security tax (more on that below).

What time in this country is Mitt referring to? Is it when the top marginal tax rates were more than double what they are now and there didn’t exist such a huge divide between the rich and everyone else?

Taxes top 1 percent and wealth disparity Read more

Obama Jobs Plan vs Romney Jobs Plan

Mitt Romney recently claimed  that Obama had no jobs plan, and added “Now I know we’re getting close to an election so he’ll come out with one soon, but three and a half years later, we’re waiting.”  But in fact, Obama introduced the American Jobs Act in September of 2011.  The plan received high marks by private sector ratings agencies.  Yet Republicans filibustered the bill.  Obama has recently brought the bill back into the limelight.

Timeline of Obama’s Jobs Plan: The American Jobs Act

Job Creation and Obama’s Jobs Plan

Obama Jobs Plan vs Romney Jobs Plan

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