Romney Tax Returns Show $45 Million Income

[SmittynMo]

22. This is total BS

I feel it is my duty to pay taxes each and every year. Now here's the kicker. I am an independent contractor, (consulting, and project management). Last year I made 75K, and have been unemployed for the past 4 months. My last gig ended in 2011. I have to pay double FICA because there is no employer to pay that portion of taxes. Current FICA for employee is 7.5% Another 7.5 for the employer, for which I have to cover. Beteeen myself and my wife, we fall in the 25% tax bracket (federal). Add another 6% state. Then add 15% for FICA. Thats 46% for being a self employed contractor. And even with paying 46% taxes, I am still ineligable for a UI check. Who can afford almost 50% of their paycheck going to taxes? I had to as there weren't any jobs I could find at the time. I am still actively pursuing a full time job somewhere, anywhere. The job market still sucks out there. I don' care what the numbers indicate. And now to see Romney paying 15%? There is really something wrong with this picture. Again, the 1% make all the money, get all the breaks, while the middle class gets screwed.

Signed,,,,,,

Bent over