General Discussion

MaggieD

(7,393 posts)

39. Also very invested in defending Mitt, I see

Fri Oct 31, 2014, 04:22 PM

Oct 2014

How about the loophole Romney used to shelter nearly $100 Million in IRAs (far above the limit normal working folks/small business owners are allowed to shelter)?

http://www.businessinsider.com/heres-one-of-the-clever-financial-tricks-that-mitt-romney-used-to-become-dynastically-rich-2012-7

Now you are free to believe marginal tax rates are the issue even though they are not. Special loopholes are the problem. But I have work to do, and I don't get to live in fantasy land.

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Highlight:

Saez & Piketty--Why the 1% should pay tax at 80% [View all] Triana Oct 2014 OP

K&R.... daleanime Oct 2014 #1

What a load of crap MaggieD Oct 2014 #2

Missed the last paragraph in the OP? ieoeja Oct 2014 #3

Yeah, right MaggieD Oct 2014 #5

I doubt you would find a single democratic voter who would disagree with you. ieoeja Oct 2014 #9

No, it's NOT the same thing MaggieD Oct 2014 #15

now you are talking about corporations versus individual taxes hfojvt Oct 2014 #22

Tell me all about your small business MaggieD Oct 2014 #31

Then just incorporate. lancer78 Oct 2014 #45

No you don't MaggieD Oct 2014 #46

Let's do both, ... aggiesal Oct 2014 #4

Let's see Boeing or GE pay a dime of taxes first MaggieD Oct 2014 #6

I, me, my and mine! n/t ieoeja Oct 2014 #10

You don't even know me MaggieD Oct 2014 #12

Seriously. You have been a complete total jerk in every single post thus far in this thread. n/t ieoeja Oct 2014 #14

Funny, that's how I see.... MaggieD Oct 2014 #16

I assume you meant the "royal you" as referencing DU rather than me since I have already agreed ... ieoeja Oct 2014 #21

Agreed - thank you MaggieD Oct 2014 #35

That's how I feel as well - TBF Oct 2014 #23

Thanks. Nice to hear that someone else gets it MaggieD Oct 2014 #30

WOW, you need a new accountant. ... aggiesal Oct 2014 #44

We finally got a CPA for this past year - TBF Oct 2014 #47

GE does not pay individual income taxes hfojvt Oct 2014 #24

Oh please explain that.... MaggieD Oct 2014 #29

Where the heck are you getting $250 million? hfojvt Oct 2014 #38

Also very invested in defending Mitt, I see MaggieD Oct 2014 #39

okay since you have nothing hfojvt Oct 2014 #42

Why would he pay a higher rate when all he needs to do.... MaggieD Oct 2014 #43

And do what with it. Send it to banksters? People don't care about taxing these folks because they jtuck004 Oct 2014 #7

Exactly MaggieD Oct 2014 #8

no, the reason it is not thinkable hfojvt Oct 2014 #25

Eisenhower got up to 95%. I like Ike. marble falls Oct 2014 #11

Close the loopholes MaggieD Oct 2014 #13

I agree. Close the damn loopholes. JaneyVee Oct 2014 #17

And don't fall for a flat tax as a compromise. marble falls Oct 2014 #18

NEVER. JaneyVee Oct 2014 #20

Trouble with high tax rates is no one ever actually pays them! One_Life_To_Give Oct 2014 #19

that myth of the loophole is just so pervasive hfojvt Oct 2014 #26

Why? I will tell you exactly why.... MaggieD Oct 2014 #32

bullhoey hfojvt Oct 2014 #36

You seem very invested in defending loopholes MaggieD Oct 2014 #37

and you seem so invested in lower rates hfojvt Oct 2014 #40

You're flailing at the wrong problem MaggieD Oct 2014 #41

Because Tax Free Muni's pay even less One_Life_To_Give Oct 2014 #34

Close the loopholes, Buffett was right DFW Oct 2014 #27

Exactly right, IMO MaggieD Oct 2014 #33

it's nice how they provide cover for Obama and the Democrats hfojvt Oct 2014 #28

80% is only a good start. maced666 Oct 2014 #48