September 19, 2012

A TAXING SITUATION



There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that's an entitlement. And the government should give it to them. 

And they will vote for this president no matter what . . . These are people who pay no income tax. 

-- Mitt Romney

I'm still quite amazed at not only what Romney had to say, but that he continues to so blindly stand by this statement. What a great way to alienate many of those who might have voted for you, Mitt, because there are a few folks under that 47% umbrella who call themselves republicans. Also, there are many reasons why they, as you see it, don't pay taxes.

First, WE (I am a proud 47%'er) do pay a tax, and it's called the payroll tax.

Second, there are many credits and entitlements available under the tax codes, and during the Cheney/Bush regime, those credits and entitlements were significantly expanded. It seems odd that now you, specifically, and Repugnicans, in general, want to end those so-called entitlements, and try to pass it off as everyone taking "personal responsibility and care for their lives" (something he also said in this now infamous speech).

Does this mean that if elected, you'll be repealing tax credits and entitlements to corporations like Exxon and General Electric?

Finally, I find it incredibly ironic to have someone who only paid 13% in taxes (based on income of $45 million dollars), then turn around and wag their finger at the rest of us about tax credits, entitlements, and "taking personal responsibility and care."

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