@ Alfred, BRAC was a Bush Administration initiative. It's been in the works for
quite a while.
Shaun_,If you want to pay Mitt Romney's tax rate, please be my
guest. Pay the corporate rate of 35% on your earnings (income) and then pay 15%
on anything you receive from your investments. The government would be very
pleased to receive YOUR 50%.If you want to pay 15%, then get busy
and earn some money so that you can invest your excess. Let the federal
government take 35% of everything you worked for. Let them redistribute your 35%
to the 50% of the people who complain that 10% is too much for them to pay.
When you have made your fortune, and paid a fortune in taxes, then invest the
rest. Put it at risk. Take a chance that it will return a profit. Build a
business. Hire some people. Take a risk that your business and your employees
will give you a return on your money. IF you get a return on your money, then
you, like Mitt Romney, will pay an additional 15% of that invested money to the
government.If you don't have what it takes to make that journey,
then don't complain about those who do have what it takes.
@one old man:"wrz, you've been listening to the wrong
propaganda station. That 100,000 number has been shown to be very
wrong."You're probably right. It was likely much higher.@atl134:"That's not even the right number."Probably not. It was likely much higher."Bain didn't
create those jobs, the companies did."With Bain's help the
companies survived... without which there would be zero jobs."An example... Bain put 15 million into an Indiana steel company. The
county and local gov'ts put in 40 million total. If jobs were created there and
we accept the idea that investment allowed it to happen... then one must
acknowledge that 2/3 of the jobs came from the gov't. Bain of course bailed out
of the company taking 100 million or so out of it."The
governments would have put nothing in had it not been for the Bain capital
infusion. Governments don't create jobs. Businesses create jobs.
per Ultra Bob @ 10:02 a.m. Jan. 18, 2012Agreed. If it were up to
today's GOP the Constitution would start, "They, the corporations..."
Should Mitt get elected, his CPA can head the CBO; we'll have the deficit gone
with a few pen strokes.
@J Thompson. Why are you even defending his tax rate? It is flat out wrong that
middle class Americans pay a higher rate than someone who makes millions of
dollars. I don't care if he got it by selling cookies on the corner or leverage
buy outs.And by the way Romney never gave me a job.
J has an interesting point. Mitt's really not rich at all, but an unfortunate
victim of tyranny, forced to pay until he's down to his last quarter billion.
Haven't the rich suffered ENOUGH? I also admire J's technique in name calling,
but avoiding censure because he wasn't speaking about a specific person.
Finally, I hope Mitt stands still next time someone attempts to ask all those
questions J raises about his finances.
Romney is a carrer corprate raider. He cares about one thing, making money. He
destroyed the lives of tens of thousands of people, by destroying their jobs,
and in the case of the steel mill, he left the us government the tab of 44
million in pension payments after he filled his pockets. He is a perfect example
of what is wrong with american capitalism. GREED. Just like the greedy people on
wall street. You vote for whoever you want. I'll stick with my president. A man
who looks out for the poor, the down trodden, and the middle class. OBAMA 2012
Blue,Who's saying that Mitt Romney is lying? Learn to ask the right
questions. FIRST, ask him WHY he is paying 15%. NEXT, ask him the tax rate on
the money he made that allowed him to invest his extra money. THEN, you will
know, just like the rest of us know, that he paid the full rate allowed by law
on the money that he invested. THEN, you will know, just like the rest of us,
that he was taxed TWICE, once when he earned the money and again when the money
worked for him.If you think that almost 50% of Americans can't pay
10% income taxes, then why do you think that anybody should pay 35% corporate
taxes and then another 15% simply because he didn't spend his money, but put it
to work so that YOU and I could have a job?
JThompson,The 15% figure came from Mitt himself.Who's
No, that's fine. Too much religion, wedge issues, all that republican nonsense.
It's good that you don't where to start. If you understood the tax code, even
just a little bit, you would know exactly what I'm writing about, but unless you
own your own business, like I do, and unless you pay people, like I do, and
unless you have to match "contributions", like I do, and unless you
have to pay taxes on your income and then again on the profits that your money
makes, like I do, then, of course, you wouldn't know where to start.When you do your homework, then you'll know where to start. One
thing is certain. Paying 35% and then another 15% means that the FEDERAL
government is taking 50% of the money that YOU worked for, that YOU earned, that
YOU invested so that other people could have jobs.If YOU think that
anyone should pay 50% of his income to the government, then please lead the way.
YOU pay 50% of your money. YOU shut down your business when the government
gives your money to people who balk at paying 10% income tax. YOU lay off
workers when the government takes 50% of your money.Then you'll
Re: wrz - 1:12 p.m. Jan. 18, 2012 Salt Lake City, UT @Brother Chuck
Schroeder: "I for one am not their puppet, I can think on my own, I have a
brain and know how they work, do you?. Romney did put people out of work and
destroyed jobs in order to make money." I don't think you can think on
your own, Brother Chuck. Romney created a estimated 100,000 over seas American
jobs with his businesses, stuffing all his monies in off shore tax safe havens.
To avoid paying taxes.Reply back: With the population of the US over
400 million, that's a drop in the bucket. It's like hireing a few at Burger King
flipping burgers. In a civil dialogue among DNews readers and staff, here's my
truthful thoughtful comments. When you get as smart as Joseph Dalton Hooker
that was arguably the most important British botanist of the nineteenth century,
and a traveller and plant-collector, he was one of Charles Darwin's closest
friends and eventually became director of Britain's Royal Botanic Gardens, Kew,
I'll believe you. Not until then.I told you I would tell you the
truths.Didnt say youll like it.
RE: 1:12 p.m. Reply: Sen. John McCain told Sean Hannity that
choosing Sarah Palin was still the best decision he ever made. Well, today the
Arizona DMV took away his driver's license. Newt Gingrich has released a new
ad attacking Mitt Romney because he knows how to speak French. Well, Romney is
not the only one. John Huntsman speaks Chinese. Rick Perry, of course, speaks
gibberish, just like everyone else from Utah. At the last Republican debate,
Mitt Romney talked about his love of hunting. In fact, Romney said on his last
hunting trip, he shot three dear and fired two elk. At the first Republican
debate, they were standing behind podiums, then they had them at a round table,
and then one night they had them in bunk beds. Jon Huntsman has dropped out of
the race for president to return to his former job as the guy in the picture
that comes with the frame. President Obama is visiting Disney World on Thursday
to promote a new plan to boost tourism. Of course, it's going to be awkward when
he walks into the "Hall of Presidents" and sees them not making room
for Mitt Romney.
@J ThompsonWow. I don't even know where to start, so I won't. Do you
really believe all the things you wrote? If so, I've got a bridge I'd like to
The lies and "twisting" continues from the liberal left.They are now saying that Mitt Romney only pays 15%.What they so
conveniently leave out is that he already paid 35% corporate tax on that money
and THEN he invested his earnings. Now he is being taxed an ADDITIONAL 15% on
those investments.If any of us invested our money, WE would be taxed
just like Mr. Huntsman. We would be taxed TWICE, just like Mr. Huntsman. We
would be taxed when we earned the money and then again when that money earned a
profit.It is a bold-faced-lie from the Left that Mitt Romney ONLY
pays 15%. Should he or any of us be taxed TWICE? Is that what the Left wants?
Do they really think that taking money out of circulation is the best way to
create new jobs? President Obama has already shown us how he can
destroy 3 million jobs. How many more does he want to destroy before he learns
that people like Mitt Romney make OUR jobs possible? Just how many
people has President Obama hired in the private sector? HOW MANY?
@wrz"Yes, and created 100,000 jobs for Americans in the
process"1. That's not even the right number.2. Bain didn't
create those jobs, the companies did. 3. An example... Bain put 15 million
into an Indiana steel company. The county and local gov'ts put in 40 million
total. If jobs were created there and we accept the idea that investment allowed
it to happen... then one must acknowledge that 2/3 of the jobs came from the
gov't. Bain of course bailed out of the company taking 100 million or so out of
@Brother Chuck Schroeder:"I for one am not their puppet, I can
think on my own, I have a brain and know how they work, do you?. Romney did put
people out of work and destroyed jobs in order to make money."I
don't think you can think on your own, Brother Chuck. Romney created a
estimated 100,000 American jobs with his businesses.@Esquire:"As one who has worked at high levels in both government and
business, I assure you that government is not like business and cannot be run
like a business."What you say may have a modicum of truth. But
the element important in both government and business is leadership. Romney has
that capacity in spaces."... attacking Perry and Gingrich as
career politicians is nothing more than a rant because you favor someone
else..."Washington is full of career politicians. And look
what it's got us? Bloated government and an obscene national debt."The problems in the economy arose under Bush and were handed to
Obama."Yes, and Obama ran it further into the ground at an
(continued)All manufacturing would continued to be outsourced to
China, cheap labor, and no enviromental restrictions.If you want a
job - learn Mandarin and move there.The Corporate HQ would reamin in the
U.S. to avoid imports, tariffs ans still be eligible for Military Contracts and
Government bailouts.Welfare for people would become a failed policy
and a thing of the past.Meanwhile- Corporations, having all the rights and
privelegeds of people -- will still receieve Welfare. What remains
of the United States, could then invade Iran for their Oil, Occupy
them for his 2 terms in office, and and simply leave the next bill for the
next CEO and American, Inc. shareholders scrambling to find a way to pay
for it all.
wrz, you've been listening to the wrong propaganda station. That 100,000 number
has been shown to be very wrong.Even Mitt himself is flipping on it.
@Blue:"Mitt is good at buying companies, breaking them up and
turning a profit by selling off the remaining pieces."Yes, and
created 100,000 jobs for Americans in the process. Not a bad record. He
invested in America. "Mitt has made a successful career from
focusing on maximizing his bank balance."That's what all
businessmen do. On the other hand, the current president focuses on increasing
the size of government, increasing government handouts, and running up the
national debt to level that it can never be paid paid off.
"Some years back, government decided to close down some of its military
bases in order to make the system more efficient and save taxpayer
dollars."That's right, Blaine. Called BRAC (Base Realignment
and Closure). But Congress passed the analysis task off to a committee and
merely voted up or down on the committee's recommendations. And the president
did nothing except get his pen out and sign a piece of paper.I think
we will find that Romney, as president, will roll up his sleeves and get
involved in directing governmental efficiency effort.
Based on Mitt's "Business skills" and "Successes", let's
imagine the America he'd create for us:He'd consolidate the finicial
sectors to the NorthEast - New York, Boston and Chicago.With the
Internet - all Federal employment would be moved to one central location,
Washington D.C. Agriculture - the MidWest produced grains and
vegatables.The unemployed could be rounded up and sent there to work the
fields to replace the illegal immigrants who've been driven out.Since California is heavily Democrat -- they could become their own country or
2. We could import fruits and nuts, and visit Disneyland as a foreign
country.The Pacific Northwest - with Boeing and MicroSoft remaining
America's top exporters can remain, but will become US territories and loose
House & Senate votes.Florida, and the Gulf States are full of
old retired people on Medicare.They are on their own.Maybe we can
strike a deal with the French -- and call it the Louisiana SellOff.Perhaps we could interest Canada or Russia in Alaska; so long as we retain
Mineral and Oil rights.Since Utah, New Mexico, and Arizona are so
counterproductive (take in more $$$ than putout) and already have high Hispanic
populations -- Mexico is free to reclaim them.
I see Romney can run a business very well, as long as it goes along with
"government welfare" bailouts for the rich, then tax the middleclass
to pay it back. Romney is under fire after news reports surfaced showing that
his company, Bain Capital, benefited from multiple federal bailouts amounting to
well over $50 million. The top-tier Republican candidate has flip-flopped on the
issue of whether or not taxpayers should be forced to bail out private firms,
but critics have seized on his controversial work at Bain to attack his
candidacy from all angles. The scandal over Romneys federal bailouts first
surged to prominence after a former strategist for the late Sen. Ted Kennedy
publicly released an unaired campaign ad made nearly a decade ago when Romney
was running for the Massachusetts Senate seat exposing a $10-million federal
bailout of Bain & Co. while Romney was at the helm. The attack ad, citing a
1994 report in the Boston Globe, noted that Romney worked with the Federal
Deposit Insurance Corp. (FDIC) to bamboozle the American people out of money
under the guise of "debt forgiveness." Plus he he had his predecessor
fire hundreds of employees.
Conservatives, republicans, business people only see things through business
colored glasses. They believe this country was created for business
purposes. They are probably right. The founding fathers were businessmen
wishing to increase their part of the pie of a new nation. But, to
accomplish their goals, they needed the help of a lot of people. They got that
help by saying a lot of blue sky notions about ordinary people and promising to
share with the people.The people did what they ask. The businessmen
got what they wanted. And the people went about demanding that the businessmen
prove up on their promises. The documents of the promises talk
about people, not business. So therefore many of us got the impression that
government is for people and not necessarily for business. And we like that
notion.So if government is for people and business is for the
accumulation of wealth for businessmen, business in not necessarily the best
experience for government leaders. Many government programs are
for the people, social security, Medicare, wage and hour laws, product quality,
health, education etc. etc. etc.Are there any business programs that
promote the general welfare of Americans?
May I raise the question: Who has been the greatest ex-businessman president in
our nation's history? Washington and Jefferson were both slave-owning gentleman
farmers. Hoover was a big success as a mining engineer. Polk also owned slaves
in the South. GWB kept needing bailouts for his oil business, then leveraged a
tiny baseball investment to riches. Truman managed a failed retail business. I
guess that leaves - Bush Senior, finder of oil, but bounced after a single term
in the White House. I have strong doubts that members of Congress would regard
President Mitt as their "boss".
@LDS Lib: that's a great example of the Big Tent philosophy of the Left. You
definitely showed love and concern for your neighbor, just like Christ asked us
to.Do you see the coveting and envying in your post? That's sad that
you denigrate others because of their successes. The letter writer
is spot on. The example given is perfect. We need more "base" closings
to get government under control and actually to the defined purposes contained
in the Constitution. But hey, who needs a Constitution when we have
Business skills?It becomes clearer and clearer everyday that Mitt
Romney is out of touch with America.He is the posterchild of the
elite 1%WallStreet connectedformer CEO born with a
Silverspoonnever worked a REAL jobminimal 15% tax rateCries he
ONLY made $375,000 last year - [not including Stock gains]He is the
antithesis of Joe the Plumber.@TwoBitsWorth | 6:44 a.m. Jan. 18,
2012 Salt Lake City, UT As a small business owner whose business has
been all but destroyed by the current administration....----??? What
the?...How did "Obama" destroy your business? Did he send in his
brownshirted thugs and break your windows?Specify your allegations,
or drop the hyperbole and FoxNews rhetoric, please.
We need less business skills and more leading.Less wall street, less
politicians making money off favorable legislation and insider trading, and more
As one who has worked at high levels in both government and business, I assure
you that government is not like business and cannot be run like a business.
There are many reasons for this, including the underlying purpose and function
of the two sectors. Anyone who says government can and should be run like a
business is either naive or deceptive. It is a fiction.Two other
comments. First, attacking Perry and Gingrich as career politicians is nothing
more than a rant because you favor someone else, who, by the way, has tried
unsuccessfully to be a career politician. He was elected to office once and
bailed out knowing he would lose in a run for re-election. And to
"TwoBitsWorth", frankly, I simply don't believe you when you say you
lost a business because of the current Administration. The problems in the
economy arose under Bush and were handed to Obama. Everyone knew that then, and
anyone with a decent memory will recall that now.
2nd-reposting Bain Capital, Mitt Romney and Clear Channel
Communications, that owns and syndicates the radio shows of Rush Limbaugh, Sean
Hannity, and Glenn Beck, among others. Clear Channel and its subsidiaries have
been criticized on several other fronts in recent times. Its Premiere Radio
Networks syndication service was exposed using paid actors to call into talk
shows and read scripts. Some cynics have even suggested that pro-Romney callers
on conservative shows have actually been well-paid propagandists reading from a
prepared script. Here's two of them, Former Alaska Gov. Sarah Palin told Fox
News Sean Hannity Tuesday night that she would vote for Newt Gingrich in the S.
Carolina primary, if she were a voter there. What was she paid?. Here's
another. Newt Gingrich prevailed in Monday night's Fox News debate, and Ron
Paul "was incoherent," Rush Limbaugh said today on his radio show.
What was he paid?. I for one am not their puppet, I can think on my own, I have
a brain and know how they work, do you?. Romney did put people out of work and
destroyed jobs in order to make money. How many jobs did he create at Clear
TBW: "As a small business owner whose business has been all but destroyed
by the current administration..."In what way has the current
administration harmed your business?Specifics, please.
Yup, just ask the people who used to work for companies that were
"saved" by Romney and Bain.Maybe he can recruit Jon
Huntsman to teach those people how to speak Chinese so they can follow their
jobs to China.
If a president want to cut federal spending they will have to the ability to
unite both parties behind them. This will take a rare person with the magnetism
of Reagan, or even Bill Clinton. Romney may have "business"
experience, but he is no uniter. The Republicans are voting for him with the
enthusiasm of a sick child taking castor oil. He is so un-charismatic that he
can't even get the GOP faithful behind him!
"We can see what government has done with our economy so far. We are on the
verge of financial ruin."That "ruin" was brought to
you by the Mitt Romneys of the world, who play with American families and their
pensions the way a desperate gambler plays with chips at a Las Vegas casino.Mitt is good at buying companies, breaking them up and turning a profit
by selling off the remaining pieces. Mitt has made a successful career from
focusing on maximizing his bank balance.I don't want him doing that
to America. We are not a corporation, we are a nation.
As a small business owner whose business has been all but destroyed by the
current administration, I see Mr. Romney as the most qualified to pull us out of
the mess we are now in. I was here to see first hand how he saved the Utah
Winter Olympics and proved his Leadership skills. I will be first in line to
vote for him if he wins the GOP nomination.