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Old 09-17-2012, 04:06 PM  
dirk digler dirk digler is offline
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Romney: 47% of Americans are victims

I guess this maybe the kill shot for his campaign. I know some of you believe you this and won't find a problem with what he said but as a person running for POTUS you probably shouldn't write off 1/2 the country especially in a disparaging way.

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A hidden camera video of Mitt Romney at a fundraiser shows him talking disparagingly of people who will vote for President Obama.

Said Romney: "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."

He adds: "My job is is not to worry about those people. I'll never convince them they should take personal responsibility and care for their lives."
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Old 09-18-2012, 11:12 AM   #406
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Detoxing View Post
Just so i can be clear on the subject:

Does that 47% of "non tax payers" = People who don't pay taxes out of their pay check (or don't work at all)

or does it = People who don't pay an income tax at the end of the year?
I think it's referring to non-tax payers. If you're earning a weekly paycheck from a legitimate business, taxes are being withheld from your paycheck. Whether you qualify for a refund is another story entirely.

Keep in mind that anyone receiving Social Security benefits that isn't earning in excess of something like $2,000 a month on the side, isn't paying taxes. That's a **** ton of Senior Citizens. And Medicare isn't free, yet it's considered an "Entitlement".

More demonization by Republicans.
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Old 09-18-2012, 11:12 AM   #407
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Quote:
Originally Posted by Detoxing View Post
Just so i can be clear on the subject:

Does that 47% of "non tax payers" = People who don't pay taxes out of their pay check (or don't work at all)

or does it = People who don't pay an income tax at the end of the year?
Income tax at the end of the year. I believe it's a stat from the 2009 tax returns on the percentage of people that ended up with no tax liability after credits and deductions. Thus it includes a lot of people that do work.
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Old 09-18-2012, 11:15 AM   #408
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Quote:
Originally Posted by Detoxing View Post
Just so i can be clear on the subject:

Does that 47% of "non tax payers" = People who don't pay taxes out of their pay check (or don't work at all)

or does it = People who don't pay an income tax at the end of the year?
The latter.
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Old 09-18-2012, 11:15 AM   #409
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Wait just a minute. 47% < 99% , so what happened?
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Old 09-18-2012, 11:16 AM   #410
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Swanman View Post
Income tax at the end of the year. I believe it's a stat from the 2009 tax returns on the percentage of people that ended up with no tax liability after credits and deductions. Thus it includes a lot of people that do work.
That just can't be possible.

If you earn $50k a year at Sprint or wherever, there is no possible way that your tax liability is zero. Everyone has payroll taxes deducted from their check. If you file a tax return the following year that says your tax liability is zero and you're owed 20% or more of your income, the IRS will be knocking on your door in a matter of minutes.
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Old 09-18-2012, 11:19 AM   #411
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Pittsie View Post
The latter.
First off, "End of the year" is incorrect terminology.

You have to file a tax return by April 15th of the following year or file an extension by October 15th. If you fail to file taxes within three years, any refund due will not be issued.

Secondly, if you guys are claiming that people aren't paying even quarterly taxes and are waiting until April 15th of the following year, then those people claim to have zero tax liability, the IRS would pounce in a heartbeat.

Again, this can't be correct.
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Old 09-18-2012, 11:20 AM   #412
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Originally Posted by Pittsie View Post
The latter.
If it truly is the latter, then holy shit that is a blunder of epic proportions.
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Old 09-18-2012, 11:21 AM   #413
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Detoxing View Post
If it truly is the latter, then holy shit that is a blunder of epic proportions.
Again, that is just not possible.
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Old 09-18-2012, 11:21 AM   #414
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Quote:
Originally Posted by DaneMcCloud View Post
First off, "End of the year" is incorrect terminology.

You have to file a tax return by April 15th of the following year or file an extension by October 15th. If you fail to file taxes within three years, any refund due will not be issued.

Secondly, if you guys are claiming that people aren't paying even quarterly taxes and are waiting until April 15th of the following year, then those people claim to have zero tax liability, the IRS would pounce in a heartbeat.

Again, this can't be correct.
People that work have taxes withheld in their paychecks, obviously. But many workers end up having zero tax liability, thus get all their tax withholdings back when they file a return. Those workers usually make less than $20,000.
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Old 09-18-2012, 11:23 AM   #415
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Swanman View Post
People that work have taxes withheld in their paychecks, obviously. But many workers end up having zero tax liability, thus get all their tax withholdings back when they file a return. Those workers usually make less than $20,000.
I don't even understand how THAT is possible. A person earning less than $20k wouldn't qualify for a home interest rate deduction (how could they afford a house?), mileage, meals - any common deduction.

This stat just has to be wrong.
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Old 09-18-2012, 11:25 AM   #416
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Originally Posted by DaneMcCloud View Post


Are you completely unable to read between the lines? He says he's not for Socialized Medicine, then says he's for Socialized Medicine.

He tried to get socialized medicine passed in California. He was ALWAYS for it, but his party, at the time, was not.

Just like some Republicans are Pro Choice but don't make a stink about it.
Like I said before, your take is the drop-of-blood test applied to socialized medicine and it's an extremely uninsightful form of analysis. Reagan opposed socialized medicine although he supported the idea of a social safety net as almost all Americans do.
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Old 09-18-2012, 11:27 AM   #417
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Originally Posted by DaneMcCloud View Post
I don't even understand how THAT is possible. A person earning less than $20k wouldn't qualify for a home interest rate deduction (how could they afford a house?), mileage, meals - any common deduction.

This stat just has to be wrong.
Not really. Now its time to don my CPA hat. Someone who makes $20k a year will at least get the standard single deduction of $6k, bringing taxable income to $14k. That is taxed at 10%, which equates to tax liability of $1,400. However, the earned income tax credit can easily wipe that $1,400 out completely, thus having zero tax liability.
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Old 09-18-2012, 11:30 AM   #418
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Originally Posted by dirk digler View Post
.... I know some of you believe you this and won't find a problem with what he said ....
Yes i do, and no i don't.
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Old 09-18-2012, 11:30 AM   #419
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Originally Posted by Swanman View Post
Not really. Now its time to don my CPA hat. Someone who makes $20k a year will at least get the standard single deduction of $6k, bringing taxable income to $14k. That is taxed at 10%, which equates to tax liability of $1,400. However, the earned income tax credit can easily wipe that $1,400 out completely, thus having zero tax liability.
Earned Income Tax Credit. What is the rationale behind that?
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Old 09-18-2012, 11:31 AM   #420
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Originally Posted by DaneMcCloud View Post
And is that all you've got? After 15 or 20 civil responses to Tom Jay, you're calling me out on the Reagan quote?
I'm not calling you out. I'm responding to your post where you seem to ignore the fact that you've already proven yourself wrong.

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How about this, Pat. Can you be as truthful as he was? :


So what say you, Pat?
What issue are you talking about? It probably doesn't matter because no one can assure you that either of the candidates will do anything about any issue. How could I possibly do that?
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