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Old 09-18-2012, 05:50 PM   #1
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Default 4,000 millionaires in Romney's '47%

This is what happens when you run a campaign with its foundation in fiction, and poor statistics.

4,000 of the richest in Romney's '47%' - Sep. 18, 2012

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The Tax Policy Center estimates that 4,000 households with incomes over $1 million ended up with zero federal income tax liability in 2011. Another 14,000 made between $500,000 and $1 million.

...

It's impossible to say how many households -- rich and otherwise -- would end up with zero federal income tax liability under Romney's tax reform proposals. There are still too many unknowns -- such as which tax breaks he'd be willing to curb to pay for his proposed tax rate reductions.
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Old 09-18-2012, 06:20 PM   #2
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Default Re: 4,000 millionaires in Romney's '47%

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Originally Posted by Holy Diver View Post
This is what happens when you run a campaign with its foundation in fiction, and poor statistics.

4,000 of the richest in Romney's '47%' - Sep. 18, 2012
I'm confused... because they're millionaires and have no tax liability he's wrong?

He's not wrong -- they have no tax liability.
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Old 09-18-2012, 06:26 PM   #3
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Default Re: 4,000 millionaires in Romney's '47%

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I'm confused... because they're millionaires and have no tax liability he's wrong?

He's not wrong -- they have no tax liability.
I think it shocks absolutely nobody that this confuses you.
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Old 09-18-2012, 06:45 PM   #4
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Default Re: 4,000 millionaires in Romney's '47%

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I think it shocks absolutely nobody that this confuses you.

What confuses people is why this should matters to anyone?

There are many people who for one reason or another might not pay taxes in a particular year. Like many of the 47,000,000 on Food stamps who don't have jobs or the means to support themselves.

The dems have campaigned for many years to win votes for promising handouts to the point that there is an underclass where generations have been wards of the government. They do vote mostly for dems who 'take care of them'.
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Old 09-19-2012, 04:38 AM   #5
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Default Re: 4,000 millionaires in Romney's '47%

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What confuses people is why this should matters to anyone?

There are many people who for one reason or another might not pay taxes in a particular year. Like many of the 47,000,000 on Food stamps who don't have jobs or the means to support themselves.

The dems have campaigned for many years to win votes for promising handouts to the point that there is an underclass where generations have been wards of the government. They do vote mostly for dems who 'take care of them'.
In this "Christian nation", a term and value system touted by the right, the bible says over 2,000 times to take care of the poor and 0 times to take care of the rich..
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Old 09-19-2012, 12:05 PM   #6
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Default Re: 4,000 millionaires in Romney's '47%

Reposted from one of the other half-dozen threads on the same topic:

Quote:
In 2007, the top quintile paid 67.8% of all Federal taxes (not just income taxes). The bottom quintile paid 1.2%. In 2008 (the last year of the Bush Reign of Terror) , it was 69.2% to 0.4% and in 2009 it was 67.9% vs. 0.3%. This includes payroll taxes.

The data don't seem to support what you perceive.

Source:

http://www.cbo.gov/sites/default/fil...ndFedTaxes.pdf
Keep on repeating this narrative, though. Maybe that will make it true.
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Old 09-19-2012, 12:15 PM   #7
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In this "Christian nation", a term and value system touted by the right, the bible says over 2,000 times to take care of the poor and 0 times to take care of the rich..


Well allowing people to keep their own money isn't giving them anything, unless one believes it really's the government's money, they allow to keep some portion of it.

As to charity that is perceived as a personal responsibility not something to be done remotely.


I love it when the separation of church and state who disdain Christianity invoke the Bible to allegedly support their policies.
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Old 09-19-2012, 12:21 PM   #8
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Default Re: 4,000 millionaires in Romney's '47%

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I'm confused... because they're millionaires and have no tax liability he's wrong?

He's not wrong -- they have no tax liability.
No, he's wrong because they all aren't Obama voters, they all aren't impossible to be convinced to vote for somebody but Obama, they all aren't dependent on the government, they all don't believe they are victims, etc.
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Old 09-19-2012, 12:55 PM   #9
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No, he's wrong because they all aren't Obama voters, they all aren't impossible to be convinced to vote for somebody but Obama, they all aren't dependent on the government, they all don't believe they are victims, etc.


He didn't say they were "all' Obama voter he made an off handed generalization at a private event that wasn't intended to be totally, factually correct.

As with many generalizations it is large true but not in all instances.

It is being spun this way by the Obamedia but most people who are not obama devotees understand the thrust of the comments.
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Old 09-19-2012, 01:50 PM   #10
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Default Re: 4,000 millionaires in Romney's '47%

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He didn't say they were "all' Obama voter ....
He said they were Obama voters.


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Originally Posted by patsfan13 View Post
...he made an off handed generalization at a private event that wasn't intended to be totally, factually correct.....
So you agree with me that he was wrong that they all aren't Obama voters, they all aren't impossible to be convinced to vote for somebody but Obama, they all aren't dependent on the government, they all don't believe they are victims, etc.


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Originally Posted by patsfan13 View Post
...As with many generalizations it is large true but not in all instances....
What does "largely true" mean? Since you say "not in all instances," do you think that the vast majority -- 40%? 45? -- were described accurately by Romney?


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Originally Posted by patsfan13 View Post
...It is being spun this way by the Obamedia but most people who are not obama devotees understand the thrust of the comments.
Nothing's being spun, they're his words, and it was a stupid comment.

It's amusing to hear you guys defend the comments, because plenty of folks on the right think they were idiotic. But folks like you write off anybody who dares criticize a Republican.

Bill Kristol, Peggy Noonan, Scott Brown, Susana martinez, etc. -- all Obama devotees in your world, apparently
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