Romney says he pays about 15 percent in income tax

[shmike]

Originally Posted by EpyonXero

Most of Romneys money comes from Bain Capital carried interest. This isnt interest from something Romney purchased in the past with his own money, this a cut of the profits from his companys earnings thats he is paid in compensation for work he did, in other words a salary. He only pays tax on it one time and its 15%.

Carried Interest is the perfect example of getting paid only when you make your company/clients money.

[Homeslice]

Originally Posted by Amber Lamps

Yea, it sucks how the GOP started a war in Libya, bailed out the banks, gave millions to failed solar energy companies, gave millions to a Finnish car company, subsidized the manufacture of an electric car that no one wants and that catches on fire... yep those dirty Republicans......

See you are stuck on the party rhetoric dick, kid... I don't fucking care whom is wasting my money, I want it to stop!!!!

Bailed out banks? Sure, but who started that? An allegedly "fiscally conservative" Republican.

[Papa_Complex]

Originally Posted by Homeslice

Bailed out banks? Sure, but who started that? An allegedly "fiscally conservative" Republican.

Well to be fair, he was a "neo-con." Fiscal conservatism died from neglect.

[EpyonXero]

Originally Posted by shmike

Carried Interest is the perfect example of getting paid only when you make your company/clients money.

I guarantee you that Romney was getting a salary at Bain Capital in at least six figures before he got to the point where his covered interest contract could kick in.

[shmike]

Originally Posted by EpyonXero

I guarantee you that Romney was getting a salary at Bain Capital in at least six figures before he got to the point where his covered interest contract could kick in.

If he was earning six figures in income then he is paying SS, medicare and federal income taxes along the same schedules that everyone else is.

[Homeslice]

Originally Posted by shmike

Carried Interest is the perfect example of getting paid only when you make your company/clients money.

Salespeople also get paid only when they make money for their employer.

Yet every dollar they earn is taxed as regular income.

[shmike]

Originally Posted by Homeslice

Salespeople also get paid only when they make money for their employer.

Yet every dollar they earn is taxed as regular income.

Yep.

The more a sales person fucks over their customer, they more they get paid.

[pauldun170]

This thread proves that old successful white men are discriminated against and they need to be protected like trannies and Chinese people under the civil right act and stuff

Bein real?
I has kept it real?
I has...I has

[Homeslice]

Originally Posted by pauldun170

This thread proves that old successful white men are discriminated against and they need to be protected like trannies and Chinese people under the civil right act and stuff

Bein real?
I has kept it real?
I has...I has

You seem to have made a new year's resolution to only add irreverency to threads, instead of actual contributions/points/counterpoints

I would have thought this was your kind of thread.

[Amber Lamps]

Originally Posted by Homeslice

Bailed out banks? Sure, but who started that? An allegedly "fiscally conservative" Republican.

Whatever....Again, I don't care who is responsible for throwing my money away.... I only mentioned these things in response to the party rhetoric that is being tossed around here.