Pic Of The Moment: Romney Campaign Cites Congressional Study To Prove Feasibility Of Tax Plan

[EarlG]

Romney Cites Study Based On Repealing Almost All Middle Class Tax Breaks To Bolster His Tax Plan

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[WillyT]

1. K & R !!!

[Angry Dragon]

2. That was his plan from the beginning

[DoBotherMe]

3. Is the last bullet point correct?

Should it read, "Redistribute the top 1% tax liability to the middle class"?

[LuvLoogie]

4. You are correct.

[Skinner]

7. Whoops! Thanks for noticing.

We will fix ASAP.

[eyewall]

5. did you really mean to say "Redistribute tax liability

from the middle class to top 1%" ?

Maybe I'm getting the context wrong but to me that says we take the tax burden from the middle class and put it on the top 1%.

[LuvLoogie]

6. Big Whoops! Fix your last bullet point!

[EarlG]

8. Last bullet point fixed

Thanks everyone.

[Andy Stanton]

9. AWESOME GRAPHIC

Why would any middle class person be dumb enough to vote for the Rethugs?

[eyewall]

10. Repeatedly, faithfully, vehemently, and NEVER in their own self interest.

Yes, it's hard to believe.

[robbob]

11. And of course...

I'm sure the MSM is all over this right?

[LaPera]

12. Why is Mitt Romney hiding his policy from the American voters flip-flopping and lying on every iss

Mitt Romney's Foreign Policy - (Won't tell the American people until AFTER the election - WHY?)

Mitt Romney's Health Care Plan - (Won't tell the American people until AFTER the election - WHY?)

Mitt Romney's Budget Plan - (Won't tell the American people until AFTER the election - WHY?)

Mitt Romney's To Create 12 Million Jobs - (Won't tell the American people how until AFTER the election - WHY?)

Mitt Romney's Middle-class tax loop hopes he will Kill - (Won't tell the American people until AFTER the election - WHY?)

Mitt Romney's Tax Returns - (Won't ever tell the American people - WHY?)

Why is Mitt Romney hiding his policy from the American voters flip-flopping and lying on every issue?

[Peaceful Protester]

13. Somebody is ALSO going to have to pay for :

Last edited Fri Oct 19, 2012, 04:21 PM - Edit history (1)

[font color=#FFFFFF]......[/font]
• [font color=red]$2T military spending[/font] (their idea of small gov't) • [font color=red]increased outsourcing[/font] (their idea of more jobs)

[font color=#FFFFFF]......[/font]
• [font color=red]increased offshoring[/font] (their idea of banking) [font color=#FFFFFF].....[/font] • [font color=red]the next collapse[/font] (their idea of capitalism)

[Peaceful Protester]

18. Have you heard the news?

The wealthy have been swooping in and buying up homes lost during the financial meltdown and turning them into rentals.

So, wealthy businessmen, traders, bankers, etc. who once lobbied to deregulate wall street, sold predatory loans, bundled underwater mortgages and sold them to unsuspecting victims world-wide, causing a global financial calamity, are now...

...buying homes others were forced to relinquish during the financial meltdown and harvesting profits by turning them into unearned income.

Ain't vulture culture capitalism grand?

[elbloggoZY27]

14. Way out There

Repeal Congress maybe the solution and the GOP who really are the Party of No.

Like "POGO" WE HAVE MET THE ENEMY AND HE IS US" Walt Kelly was a political cartoonist who created POGO.

What a genius he was and the above is really correct in 2012.


Oh! how so sad.

[We People]

15. Looks like a "9 Point Plan" to me!

Thanks for the great find from TP

[RoccoR5955]

16. I love the fact that these are on the FB page

I can share them from there with a single click!
Along with all the rest of the great leftist stuff I share!

Thanks folks for making these, they are all great!

[Sunlei]

17. get a dancing horse, tax free political charity, a tax free church or you are doomed!

Romneys' peonage plan.

[2on2u]

19. The tax reductions giveth and the deductions taketh away sounds like a shell game.....

[golfguru]

20. Might work for me?

I rent...have no mortgage deduction.
I am retired with no dependents.
I have used STANDARD deduction for many decades. It is always more than
my itemized deductions.
I buy everything cash, no interest deduction.
My charitable deduction is giving stuff away to Salvation army (gave up almost all my stuff after last move from house to apartment) and buying girl scout cookies. No biggie here.
What is healthcare deduction? Have I been missing something here?

It seems to me I would benefit from tax bracket reduction and elimination of deduction.
However I am sure there are folks living in McMansions with high mortgages, and those paying lots of interest on credit cards and those who give 10% to church, etc who will lose.

[rablrouzer]

21. Read Romeny's Quote, then Look at Your Own Tax Return.

QUOTE:

But your rate comes down and the burden also comes down on you for one more reason, and that is every middle-income taxpayer no longer will pay any tax on interest, dividends or capital gains. No tax on your savings. That makes life a lot easier.

Now go get a copy of your own 2011 federal income tax return.

1. Have much interest income?
2. How about dividends?
3. Bet you didn't have much in capital gains!

We in the "Middle Class" are lucky to own a house. If we have "investments" they're almost all in "tax-sheltered" retirement plans. IRA. 403b. 401k

When that money comes back out, it is 100% taxable. Not interest. Not dividends. Not capital gains. All deposits and everything they earn are taxed as ordinary income.

By contrast, from the NY Times: "Mr. Romney, who made millions by running Bain Capital, a private equity firm, paid an effective federal tax rate of 14.1 percent in taxes, primarily because most of his income was in the form of capital gains that are taxed at a lower rate than ordinary income."

Wonder if Mittney can spell BONANZA ?

[hunter]

22. That's for certain.

I think the most "interest, dividend, and capital gains" I've ever had in a year was $14.

Maybe Mr. Romney can throw some pennies to the peasants too!

[golfguru]

24. I have lots of capital losses

but I can not deduct more than $3000 loss in any one year. That really sucks.
I risked my money in hopes of making some capital gains. Some years in past
I did have good capital gains. Then I had to pay tax on 100% of the gain. When
I have capital loss, IRS allows only $3000 deduction from AGI. How unfair!!!!

[rablrouzer]

25. Capital Losses

But if you were a corporation, closing a factory . . . .

[aint_no_life_nowhere]

23. I wonder how he'll try to wriggle out of this one

if it's brought up at the next debate.