Skip to main content

Under Paul Ryan's plan, Mitt Romney would have paid just 0.82% in taxes (no, that's not a typo)

According to Matthew O'Brien - associate editor at The Atlantic - under Paul Ryan's plan, Mitt Romney would only have to pay 0.82% in taxes. The only full year of taxes we've seen from Romney was from 2010, where he paid 13.9%. Under Ryan's plan, he'd only have to pay 0.82%. That means of the $21,661,344 he made that year, he'd have to pay only $177,650. Why? Because Ryan wants to eliminate all taxes on the following: Capital gains, interest and dividends and most of the $21,661,344 Romney made were from capital gains, interest and dividends. He did make $593,996 for speaking fees and books he's authored. So, why did Romney choose Ryan as his running mate? Because he's a young, attractive, up-and-coming member of the party? Sure. Those may all have been factors. However, it's difficult for me to look past that number - 0.82%. Many thought 13.9% was too low as it is. That's about 17 times the amount Romney would have to pay under Ryan's plan. If I were a member of the Obama team, I'd be repeating this number over and over and over again to showcase just how drastically different the two parties are and to say, "See? We told you they (the GOP) only care about the top 1%. The bottom 99%? We're with you!"

http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/

Comments

Popular posts from this blog

Boycotting jukeboxes because of TouchTunes

I love music and enjoy hitting the bar(s) over the weekend, so naturally, when the mood strikes me, I've never been coy about playing some songs on the jukebox. This past Thursday, a friend of mine turned 50, so several friends of her's, including myself, all met up to celebrate the occasion. At around 9:30, a friend of mine and I both chipped in $5 to play some songs on the jukebox. Four hours and 231 skips later, we gave up on hearing the songs we had selected, and went home knowing we had just wasted $5. This wasn't the first time such a thing had happened to me (and many others), and due to that, I'll be boycotting jukeboxes. Why? The scam known as TouchTunes. You see, here's how the plot typically breaks down. A person (or group of people) downloads the TouchTunes app on his/her phone, consumes one too many adult beverages, and due to this, has less care for spending extra money to hear the songs of their choosing right NOW. That's the thing with TouchTun...

Mentioned on Crooks and Liars and Hinterland Gazette!

Due to some tweets of mine, I got mentioned on the following two sites (all my tweets can be viewed here -  https://twitter.com/CraigRozniecki ): https://crooksandliars.com/2019/04/trump-gives-stupid-advice-george https://hinterlandgazette.com/2019/03/istandwithschiff-is-trending-after-donald-trump-led-gop-attack-on-adam-schiff-backfires-spectacularly.html

Face guarding is legal in college football and the NFL

I just wanted to remind fans and announcers especially, that face guarding is legal in both college football and the NFL. It all comes down to contact. So long as a defender doesn't make contact with an intended receiver, he doesn't have to turn around to play the ball. I can't tell you how many times every week I hear announcers talk about face guarding being a penalty. It's not. I even heard one announcer yesterday state, "If the defender doesn't turn around and play the ball, the ref will call pass interference every time." That's simply not true. Courtesy of referee Bill LeMonnier, he says this with regard to the rule at the college level (answered on 8/12/13): "NCAA rules on pass interference require the face guarding to have contact to be a foul. No contact, no foul by NCAA rules." In the NFL rule book, this is written:  "Actions that constitute defensive pass interference include but are not limited to: (a) Contact by a ...