On Sixty Minutes, Rmoney claims that his tax rate is so low because capital gains are already taxed. Liar. Rmoney was paid "carried interest" as a capital gain rather than as salary in order to get a much lower tax rate than the average tax payer. He knew that, but lied anyway figuring that the average voter was too stupid to know the truth.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
He is a politician trying to win office and you don't expect lies? Even when Obama wasn't running, he was still sending out Jay Carney to spin stories(lie) to make things look better than they are. For example, the Fort Hood shooting as workplace violence instead of terrorism. The shooter was communicating with Al Quaida.
Thomas Sowell: There are no solutions, just trade-offs.
this guy seems to lie very easily and spontaneously. He will do ANYTHING and say ANYTHING. I think this campaign of constant "reboots" will FINALLY end his career as a professional running for office guy.
Wily Fox aka Angela wrote: this guy seems to lie very easily and spontaneously. He will do ANYTHING and say ANYTHING. I think this campaign of constant "reboots" will FINALLY end his career as a professional running for office guy.
One can only hope. This guy's 15-minutes-of Running-for-president is FINALLY OVER!.... YAY! Soon, the only decision he'll have to make is which one of his houses to hang out at next...
Wily Fox aka Angela wrote: this guy seems to lie very easily and spontaneously. He will do ANYTHING and say ANYTHING. I think this campaign of constant "reboots" will FINALLY end his career as a professional running for office guy.
One can only hope. This guy's 15-minutes-of Running-for-president is FINALLY OVER!.... YAY! Soon, the only decision he'll have to make is which one of his houses to hang out at next...
Think the Obama campaign is as confident as you? They recently were campaigning in Wisconsin, a state that hasn't been Red in a long time.
Thomas Sowell: There are no solutions, just trade-offs.
The money in question may not be the traditional capital gains from the sale of stocks, but it is listed on Schedule D line 12. And guess what the title of Schedule D is? It's "Capital Gains and Losses".
The result of Schedule D is then entered on form 1040 line 13. That line is called "Capital gain or (loss)."
To summarize, of his $13,696,951 AGI, he made $3,012,775 in interest which is taxed as income.
He had $3,649,567 of ordinary dividends.
And he had $6,810,176 capital gains which is usually taxed at 15% if long term. Plus other lesser income.
So what did he lie about again? If it's called capital gains on the federal tax forms, what's wrong with Romney using the same term?
