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If it is going on in Mountaindale New York, chances are you will find it in this blog. All opinions expressed, political or otherwise are those of the blog owner or other guest authors. We believe in the First Amendment, all views and opinions are welcome...so, lets have some lively debate. Send articles and press releases to marcwoodsocialimaging@gmail.com We Serve Mountaindale, Town of Fallsburg, Sullivan County and the Greater Hudson River Valley
Friday, August 17, 2012
Can I Have a 13 Percent Tax Rate?
Mitt Romney and his taxes are back in the news again today...he is telling the world that he looked over his past ten years of taxes, and states he has paid an AVERAGE of about 13 percent over that period of time! First, be willing to bet that almost everyone in the middle class paid a higher percentage of their income in taxes than that. Now, lets factor in a few things we paid that he probably did not.
1. Medicare/Medicaid taxes...those are paid on wages, not on the kinds of income that Romney has.
2. Social Security Taxes...again, something Romney does not pay because of the kind of income that he receives.
3. Workers Compensation.
Factor those three additional line items into the mix, and most middle class families see about 20 percent of their gross incomes going to taxes while Mitt Romney pays THIRTEEN PERCENT, and wants to lower that percentage more by giving himself and his other rich cronies earning over 2.5 million dollars a year an additional tax break of $250,000 a year!
The average of 13 percent...that does not answer a key question put to Romney...were there years when you PAID NO TAXES? Offer up your returns, and stop hiding the UGLY TRUTH.
Comments by IntenseDebate
Posting anonymously.
Can I Have a 13 Percent Tax Rate?
2012-08-17T09:44:00-04:00
Editor-Blog Activist
Mitt Romney on personal taxes|Mitt Romney tax dodger|Mitt show us your returns|Romney on average pays a 13 percent tax rate|