2016 Postmortem
Related: About this forum'Is that fair to the guy who makes $50,000 and paid a higher rate than you did?' Romney: "Yeah"
Published on Sep 23, 2012 by DemRapidResponse
bulloney
(4,113 posts)You and your ilk pay the lowest rate on your incomes and investments in my lifetime, yet the economy is sputtering when it should be exploding with jobs if your dogma is correct.
liberal N proud
(60,334 posts)I hate this fucking weasel!
LiberalFighter
(50,928 posts)He is throwing that stupid double taxation idea out there. If he is against double taxation he should be against cities and states and other entities tax our wages/income. Because that is also "double taxation". How about the sales tax? That is too.
But it is not double taxation. For that matter how is it double taxation in many instances when companies don't pay any taxes because they avoid paying taxes? But in those instances where companies have taxable revenue it is only on revenue they receive. When investors receive capital gains or dividends are they paying taxes on the whole amount divided equally amongst the investors or just the amounts that are dispersed and then taxed?
It is totally wrong for people to think they are being double taxed when the business income that is taxed wasn't THEIR money. Not until they receive those capital gains and dividends is it their money.
Just like the stupid death tax. People should be taxed on it because it wasn't their money until someone bequeathed it. No different than the wages people receive from their job. It wasn't their money until the company paid them.
baldguy
(36,649 posts)lunatica
(53,410 posts)Because I think Romney has been cursed lately.
Gman
(24,780 posts)For more reasons than I've had enough coffee to go into.
theKed
(1,235 posts)how many times that money got taxed before it ended up in Willard's offshore accounts. In fact, I'm sure it did get taxed more than twice. Taxed on the corporation, taxed on the sale of whatever was bought, taxed on the pay of whoever bought it, taxed on the company that paid the guy who bought it, taxed on the person who bought something from that corporation... why, gosh, you'd almost think that money keeps going around and around in some sort of "market circulation" or something! If money only got taxed once, ever, nobody'd pay much of anything!
Nobody cares how many times your money has been taxed before, dipshit, I care how many times you actually pay tax and in what amount.