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(Fox News)   Turns out that Mitt Romney pays a higher tax rate than 97% of you. Who are you going to believe, FoxNews backed up by the IRS, or your own 1040?   (foxnews.com) divider line 514
    More: Interesting, Mitt Romney, romney, Fox News, IRS, tax rates, Scott Pelley, Tax Foundation, capital gains taxes  
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4787 clicks; posted to Politics » on 26 Sep 2012 at 1:52 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-09-26 10:07:20 AM  
Thanks, FOX News! Now I can just send a letter to the IRS telling them I've overpaid my taxes for years and ask when I should expect that refund.
 
2012-09-26 10:08:21 AM  
I bet when they say 'rate' they really mean 'actual amount paid'. Let's see if I'm right.
 
2012-09-26 10:09:29 AM  
OK, then he'll have no problem, you know, RELEASING THE PAPERWORK proving that, right? No?

Then you're still lying.
 
2012-09-26 10:09:37 AM  
yeah, and all those "poor" people have refrigerators and telephones, so they aren't really poor.
 
2012-09-26 10:10:28 AM  
FTA:

While Romney may or may not pay less than the average middle-class earner -- depending on how one defines middle class and how one defines tax rate -- one thing is clear: Romney does pay at a lower rate than the typical wealthy person.

SCIENCE!!
 
2012-09-26 10:10:37 AM  

Rev.K: I bet when they say 'rate' they really mean 'actual amount paid'. Let's see if I'm right.


Yeah, probably this.
 
2012-09-26 10:12:25 AM  

Rev.K: I bet when they say 'rate' they really mean 'actual amount paid'. Let's see if I'm right.


Effective tax rate, not including payroll tax.
 
vpb [TotalFark]
2012-09-26 10:14:32 AM  
My own 1040.
 
2012-09-26 10:14:37 AM  
"If we ignore all these taxes regular people pay, then Romney pays more"

There. I just saved everyone some time.
 
2012-09-26 10:16:39 AM  
Meh. I paid at least 24% of my income to the IRS in 2011 and that was my effective rate because I have no deductions or exemptions.
 
2012-09-26 10:22:36 AM  

RexTalionis: Meh. I paid at least 24% of my income to the IRS in 2011 and that was my effective rate because I have no deductions or exemptions.


Well, that's clearly your own fault. Why don't you make most of your income the same way Romney does? Those loopholes are there for everyone you know.
 
2012-09-26 10:27:38 AM  

RexTalionis: Meh. I paid at least 24% of my income to the IRS in 2011 and that was my effective rate because I have no deductions or exemptions.


No dancing animals of any kind?
 
2012-09-26 10:29:08 AM  
I pay 17% in Federal taxes alone (just check last year's filing). And I make about 1 millionth of what he makes for just breathing (when he is reminded to breathe, that is). But you know what? I like having an FDA, EPA, air traffic controllers, a police department, a safety net for people who need it, etc.

Sure that a-hole pays more in absolute terms. HE SHOULD! He uses proportionally more of society's stuff (roads, air space, public services, etc.) to make his money and exist, then he OWES more. Hell, he owes extra for forcing people onto unemployment and welfare every time he bankrupted a company. He also owes pain and suffering to the communities he RAPED when Bain came calling.

/He also owes a crap ton just for the disposal of his batteries.
 
2012-09-26 10:34:32 AM  
Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.
 
2012-09-26 11:23:22 AM  

GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.


Thank god you're in charge of deciding how much is too much for the rest of us.
 
2012-09-26 11:30:11 AM  

netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.


Conservatives get to pick which wars are started. Liberals get to decide tax rates. Fair?
 
2012-09-26 11:48:07 AM  

mrshowrules: netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.

Conservatives get to pick which wars are started. Liberals get to decide tax rates. Fair?


Ahh, the politics of jealousy.
 
2012-09-26 11:50:58 AM  
The problem isn't that he pays a low tax rate. It's that he pays a low tax rate and he wants to change the rules to lower it even more. I can't begrudge someone for playing the game, but trying to change the rulebook so that you have an even easier time winning is bullshiat.
 
2012-09-26 11:52:49 AM  

netizencain: mrshowrules: netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.

Conservatives get to pick which wars are started. Liberals get to decide tax rates. Fair?

Ahh, the politics of jealousy.


Make it party neutral. If you start a war, you have to pay for it. Fair?
 
2012-09-26 12:03:37 PM  
GAT_00 2012-09-26 10:34:32 AM

[codswallop]

You're certainly holding that dick to be self evident there.

Why don't you let go of it?
 
2012-09-26 12:06:07 PM  
Fox really is trying to disguise the fact that Mitt Romney sends a smaller portion of his income to the IRS than most middle class Americans.

When they're trying to make taxes look oppressive, Fox "News" will be certain to include payroll taxes, excise taxes, gasoline taxes, sales taxes and every other tax they can think of. Taxed Enough Already!

But, if they talk about all those taxes in this case, it makes Romney look bad. So, they have to rejigger their formula. Suddenly, ONLY federal income taxes count.

Seriously, how dumb do you have to be not to notice that? Or, how brainwashed do you have to be not to care?
 
2012-09-26 12:10:05 PM  

netizencain: mrshowrules: netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.

Conservatives get to pick which wars are started. Liberals get to decide tax rates. Fair?

Ahh, the politics of jealousy.


When your argument devolves into Honey Boo Boo territory ("You jelly")... you might want to reconsider it.
 
2012-09-26 12:12:02 PM  
The claim, though, is open to debate. It only holds up in a particular scenario in which both income and all payroll taxes are counted.


WTF is this shat?

Ah yes, the "particular scenario" better known as "the real world."
 
2012-09-26 12:14:56 PM  

Coolfusis: Rev.K: I bet when they say 'rate' they really mean 'actual amount paid'. Let's see if I'm right.

Effective tax rate, not including payroll tax.


It's true. If you ignore some federal taxes that someone making $50,000 pays, they don't have a higher federal tax rate.
 
2012-09-26 12:19:11 PM  

netizencain: Ahh, the politics of jealousy.


Who ARE you? You aren't new around here but I've only recently noticed your terrible posts
 
2012-09-26 12:27:28 PM  

impaler: The claim, though, is open to debate. It only holds up in a particular scenario in which both income and all payroll taxes are counted.


WTF is this shat?

Ah yes, the "particular scenario" better known as "the real world."


Harmonizing the statistical quirks is hard.
 
2012-09-26 12:33:32 PM  

netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.


And what makes you think you are?

Kittypie070: GAT_00 2012-09-26 10:34:32 AM

[codswallop]

You're certainly holding that dick to be self evident there.

Why don't you let go of it?


The f*ck is this?
 
2012-09-26 12:54:41 PM  
The president's campaign presumably is referring to Romney's release last week of his 2011 tax returns, which showed he paid an effective tax rate of 14.1 percent.

yeah, but Romney didn't take advantage of all the tax breaks to which he was entitled...and according to his own words, anyone who pays more taxes than he has to is an idiot.
 
2012-09-26 12:58:40 PM  

Weaver95: The president's campaign presumably is referring to Romney's release last week of his 2011 tax returns, which showed he paid an effective tax rate of 14.1 percent.

yeah, but Romney didn't take advantage of all the tax breaks to which he was entitled...and according to his own words, anyone who pays more taxes than he has to is an idiot "if I had paid more [taxes] than are legally due I don't think I'd be qualified to become president."


Now with actual quote goodness.
 
2012-09-26 01:00:51 PM  

eraser8: Weaver95: The president's campaign presumably is referring to Romney's release last week of his 2011 tax returns, which showed he paid an effective tax rate of 14.1 percent.

yeah, but Romney didn't take advantage of all the tax breaks to which he was entitled...and according to his own words, anyone who pays more taxes than he has to is an idiot "if I had paid more [taxes] than are legally due I don't think I'd be qualified to become president."

Now with actual quote goodness.


well yeah, that too. the POINT here is that Romney (again!) contradicts himself. I just don't understand how he can keep making statements like this. it's election 101 stuff, Romney is tripping on his own feet.
 
2012-09-26 01:42:07 PM  

eraser8: Weaver95: The president's campaign presumably is referring to Romney's release last week of his 2011 tax returns, which showed he paid an effective tax rate of 14.1 percent.

yeah, but Romney didn't take advantage of all the tax breaks to which he was entitled...and according to his own words, anyone who pays more taxes than he has to is an idiot "if I had paid more [taxes] than are legally due I don't think I'd be qualified to become president."

Now with actual quote goodness.


Yeah but everyone in the world knows that he'll just file an amended return next year.
 
2012-09-26 01:48:48 PM  
His argument is that the money has already been taxed at the corporate level "at up to 35%"... but it's been shown that any corporation that actually pays a 35% tax rate needs to fire its accountant. GE, Exxon and all that.
 
2012-09-26 01:55:33 PM  
Sure on the income that he paid taxes on.......in the years he'll show us which coincide with when he started running for President.
 
2012-09-26 01:56:47 PM  
"Fox News Fact Check" hahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahah ahahaha
 
2012-09-26 01:57:00 PM  

Weaver95: The president's campaign presumably is referring to Romney's release last week of his 2011 tax returns, which showed he paid an effective tax rate of 14.1 percent.

yeah, but Romney didn't take advantage of all the tax breaks to which he was entitled...and according to his own words, anyone who pays more taxes than he has to is an idiot.


he got that right
 
2012-09-26 01:57:12 PM  
I actually pay a higher percentage rate than Romney does.

Also would like to see how much taxes he paid on the Romney illegally held in Swiss bank accounts before 2009 amnesty program that he is hiding.
 
2012-09-26 01:58:42 PM  

impaler: The claim, though, is open to debate. It only holds up in a particular scenario in which both income and all payroll taxes are counted.


WTF is this shat?

Ah yes, the "particular scenario" better known as "the real world."


Right! On what planet would these two NOT be included?
 
2012-09-26 01:58:46 PM  

mrshowrules: netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.

Conservatives get to pick which wars are started. Liberals get to decide tax rates. Fair?


reverse that and we got ourselves a deal
 
2012-09-26 01:59:27 PM  
Fox News, We Distort You Obey!
 
2012-09-26 01:59:46 PM  

netizencain: mrshowrules: netizencain: GAT_00: Even if that's true, which it isn't, he makes more than 99.99% of us so he's still paying far too little.

Thank god you're in charge of deciding how much is too much for the rest of us.

Conservatives get to pick which wars are started. Liberals get to decide tax rates. Fair?

Ahh, the politics of jealousy.



Exactly, you're jealous of the wealth they control so you want to treat them with kid gloves.
 
2012-09-26 01:59:55 PM  

Corvus: I actually pay a higher percentage rate than Romney does.

Also would like to see how much taxes he paid on the Romney illegally held in Swiss bank accounts before 2009 amnesty program that he is hiding.


dude's rich but not to the extent we can start calling "money" "Romney" now.
 
2012-09-26 01:59:55 PM  
And I keep repeating myself. This has nothing to do with Mitt Romney's tax rate. This has EVERYTHING to do with he refusal to show 2002-2009 returns.
 
2012-09-26 02:00:16 PM  
timujin

His argument is that the money has already been taxed at the corporate level "at up to 35%"... but it's been shown that any corporation that actually pays a 35% tax rate needs to fire its accountant. GE, Exxon and all that.



Probably pays more in taxes in a year than the combined amount of every farker that comments on this thread does in a lifetime.....but the pseudo-outraged Dems keep shouting "MOAR......ROMNEY PAY MOAR TAXES"!
 
2012-09-26 02:00:46 PM  

eraser8: When they're trying to make taxes look oppressive, Fox "News" will be certain to include payroll taxes, excise taxes, gasoline taxes, sales taxes and every other tax they can think of. Taxed Enough Already!


Don't forget, the penalty for declining healthcare insurance is also a tax when you're complaining about taxes, but a fee when you're asking the Supreme Court to overturn it.
 
2012-09-26 02:01:21 PM  
IRS data from 2010 shows someone making between $50,000 and $75,000 on average pays an effective rate of 7.8 percent. Even someone making between $100,000 and $200,000 pays a 12.1 percent rate -- also lower than Romney's.

Bullshiat, I pay ~15% and I have the 1040 to prove it.
 
2012-09-26 02:01:22 PM  

netizencain: Thank god you're in charge of deciding how much is too much for the rest of us.



Oh look I found out where you get your politics from

"prior-Military now working on oil tankers."
 
2012-09-26 02:01:29 PM  
Fox News is the Corporate equivalent of Alex Jones
 
2012-09-26 02:01:35 PM  
Spin spin spin.

the bottom line is Romney, a multi millionaire, pays less a percentage then someone who actually works for a living. That's just wrong, and that situation needs to be fixed.
 
2012-09-26 02:01:59 PM  
when is a tax not a tax? when FOX News is trying to SPIN BABY SPIN!!!
 
2012-09-26 02:02:03 PM  
The campaign likely is trying to make the point that Romney's income -- at least the huge chunk of it that is derived from investments -- is taxed at a 15 percent rate, while others who earn their money from a paycheck are taxed at marginal income rates going all the way up to 35 percent.

The latter percentage, though, comes down once deductions and exemptions are included. The Tax Foundation estimated in a report in January that Romney's rate in 2010 -- which was also about 14 percent -- was higher than what 97 percent of Americans pay.


You mean the exemptions and deductions Romney is trying to put an end to?
 
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