The Conservative Cave
Current Events => The DUmpster => Topic started by: SSG Snuggle Bunny on January 24, 2012, 09:18:12 AM
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kpete
$60k a day!!!!!?
Last edited Tue Jan 24, 2012, 10:09 AM USA/ET - Edit history (3)
$60k a day!!!!!?
Mitt Romney Tax Returns Released: Paid Just 13.9% Rate In 2010, Had Swiss Bank Account
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$42.5 million in income translates to roughly $60k a day, more than most Americans make in A YEAR. There's rich, and then there's ridiculously rich. Especially when your vast wealth has come at the hands of the employees of the companies you own.
http://www.dailykos.com/story/2012/01/24/1057835/-Breaking:-Mitt-Romney-pays-139-tax-rate,-earned-$60k-a-DAY-(UPDATEDX2-with-full-returns)?via=siderec
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Key passage from Reuters story ...
Romney kept a Swiss bank account until 2010, when he closed it because it posed a "political liability":
Romney advisers stressed that the holdings in the Caymans -- along with those in a Swiss bank account that was closed in 2010 after an investment adviser decided it could be politically embarrassing to Romney -- were reported on tax returns and were not vehicles to avoid taxes.
http://news.talkingpointsmemo.com/2012/01/romney-reports-tax-bill-of-62-million-for-2010-11.php?ref=fpblg
FULL RETURNS HERE:
http://mittromney.com/learn/mitt/tax-return/main
hugabear
1. That is just grossly obscene
Nobody - and I mean nobody - needs that much money. Especially when there are so many people living in poverty, struggling to find enough to eat, take care of their families, or even find a place to sleep at night.
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liberal N proud
2. Explains why he is totaly out of touch with the real america
Most Americans don't make anywhere near $60K a year.
Greed is the only thing the Republican Party cares about!
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Voice for Peace
3. I could live in extreme luxury on 60k/year
truly.
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Ian David
4. He COULD have used that money to create 365 jobs a year.
Instead, he hoarded it in a Cayman Islands account.
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limpyhobbler
5. He thinks he pulled himself up by his bootstraps.
He has the nerve to claim taxes are too high. Everybody can see right through this guy.
http://www.democraticunderground.com/1002211837
I don't remember oall this outrage over John Kerry who never really did anything to earn his wealth except **** ugly women.
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Well, I can't afford to live in a tony community like kpete, so to me? if we're going to talk rich and ridiculously rich? kpete would fall into the ridiculously rich category when compared to us "po folk".
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Good point SGT on john Kerry, and you can add Biden, Gore, Pelosi, the Clintons etc. etc. etc.
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Predictable outrate is predictable.
:yawn:
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I have yet to see one post on DU about this outrage of wealth:
Clinton Filthy ****ing Rich!!!! Link!!! (http://politicalticker.blogs.cnn.com/2011/07/11/clinton-surpasses-75-million-in-speech-income-after-lucrative-2010/)
Washington (CNN) - Former president Bill Clinton enjoyed his most lucrative year ever on the speaking circuit in 2010, capping a decade of paid speaking events that has earned him $75.6 million since leaving office in 2001, according to a CNN analysis of federal financial records.
Hillary with more than she needs. Link (http://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/index.html)
(http://i.cnn.net/money/galleries/2007/moneymag/0712/gallery.candidates.moneymag/images/hillary_clinton.jpg)
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And I did some research a few days ago just for curiosity's sake. I can't find a solid number. But I guarantee you Mitt has helped create more jobs than Bill with his $75 Million.
There is a long list of Companies Bain helped start or kept alive:
AMC Entertainment, Aspen Education Group, Brookstone, Burger King, Burlington Coat Factory, Clear Channel Communications, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), Sealy, The Sports Authority, Staples, Toys "R" Us, Warner Music Group and The Weather Channel.
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I'd like to also add that Pelosi, with all her wealth, refuses to allow her employees to unionize!
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Hey Kpete, all that money he made is on investments he made to create jobs, you dumb bitch.
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I may be wrong, but for a second I thought I caught a whiff of envy among the DUmpmonkeys.
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I may be wrong, but for a second I thought I caught a whiff of envy among the DUmpmonkeys.
Envy over Romney? or kpete?
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Hey Kpete, all that money he made is on investments he made to create jobs, you dumb bitch.
Too bad Romney doesn't do important stuff...
...like chair committees to bring enhanced music programs to the children of ze ozzeh officers.
(http://images.broadwayworld.com/upload6/257304/tn-500_3.jpg)
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Oh, and how many people has George Soros screwed? where's the outrage over him?
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2012 Net Worth for President Barack Obama
Average Net Worth: $7,316,006*
Minimum Net Worth: $2,802,012
Maximum Net Worth: $11,830,000
Average 2010 Income: $4,335,938**
Min. Gross Income: $1,877,542
Max. Gross Income: $6,794,334
Name: Barack Obama
Last Filing: May 16th, 2011
Title: President
Salary: $400,000
Party: Democrat
Term Start: January 20th, 2009
Term End: January 20th, 2013
Hell that is to much according to most the DUmmies! And just wait until he is out of office. He will make Bill Clintons $75 Million look like chump change.
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Hell that is to much according to most the DUmmies! And just wait until he is out of office. He will make Bill Clintons $75 Million look like chump change.
He's been such a horrible President that he shouldn't make a dime, what has he done that's worthy of being paid?
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How does he rake in $4 million when his salary is only $250k?
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How does he rake in $4 million when his salary is only $250k?
Cattle futures?
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Wherte is the outrage over Warren Buffetts refusal to pay over 1 Billion in back taxes. Where is the outrage over how much liberal movie stars get and half the time thier movies or tv shows suck.
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How does he rake in $4 million when his salary is only $250k?
It's $400k, I think most of that came from book deals and his investments.
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Hmmmmmmmm
WHO'S GREEDY? Obama Gave 1% to Charity, Romney Gave 15%
http://nation.foxnews.com/mitt-romney/2012/01/24/whos-greedy-obama-gave-1-charity-romney-gave-15
Democratic presidential candidate Barack Obama and his wife Michelle gave $10,772 of the $1.2 million they earned from 2000 through 2004 to charities, or less than 1 percent, according to tax returns for those years released today by his campaign.
The Obamas increased the amount they gave to charity when their income rose in 2005 and 2006 after the Illinois senator published a bestselling book. The $137,622 they gave over those two years amounted to more than 5 percent of their $2.6 million income.
Romney charitable contributions
Tax year Taxable income Charitable donations Donations as % of income
2010 $21.7 million $2.98 million 13.73%
2011 (est) $20.9 million $4 million 19.14%
Uh Oh
Mitt Romney gave millions to charity. Joe Biden gave $369
http://harndenblog.dailymail.co.uk/2012/01/much-ado-about-nothing-mitt-romney-is-very-rich-he-also-gave-millions-to-charity-and-the-taxman.html
I'm really struggling to work out what all the fuss is about over this one. It seems to me to be much ado about nothing. Breaking news: Mitt Romney is very rich. He also gave millions and millions of dollars to charity and to the taxman.
In the early hours of this morning, some 550 pages of Mitt Romney's tax returns and a 2011 tax summary were released by his campaign. Just after dawn, there was a long campaign conference call for bleary-eyed reporters in which an accountant (who sounded exactly like you'd imagine Mitt Romney's accountant would sound) went into details of Mitt millions in mind-numbing detail.
There was an air of grumpy efficency about the call, which was led by Ben Ginsberg, who was George W. Bush's lawyer during the Florida election recount in 2000. At one point Ginsberg noted that 26 people from Chicago were listening into the proceedings, a reference to the Obama campaign headquarters.
So what were the headlines? He raked in about $42 million in 2010 and 2011. His effective tax rate was just below 14 percent, lower than that for many American taxpayers. He paid $6.2 million to the taxman and donated a staggering $7 million to charity, including $4.1 million to the Mormon church.
<SNIP>
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I guess Joe was all out of used underwear.
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I guess Joe was all out of used underwear.
Probably still has the marks in them from where his "brains" fell out. :lmao:
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Probably still has the marks in them from where his "brains" fell out. :lmao:
Hey, the underwear was only slightly stained.
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Hey, the underwear was only slightly stained.
A little at a time, a little at a time...
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I forgot about the underwear! :lmao:
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What the DUmbasses fail to understand is most of Romney's money is made from investments.
He's putting capital back into the market and back to work, while the DUmbasses would drain the accounts to smoke weed and eat Cheetos.
DUmb****s like them ought to just STFU and be happy someone is funding their social programs by paying their taxes. :argh:
I never will understand the envy DUmmies have for another's wealth.
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So what? Romeny could make a million dollars a day and I just would not care. Good for him!
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What the DUmbasses fail to understand is most of Romney's money is made from investments.
He's putting capital back into the market and back to work, while the DUmbasses would drain the accounts to smoke weed and eat Cheetos.
DUmb****s like them ought to just STFU and be happy someone is funding their social programs by paying their taxes. :argh:
I never will understand the envy DUmmies have for another's wealth.
That is what I was going to say, but I will add that if cheapskate Buffett wanted his secretary to pay the same tax rate that he does, why doesn't he pay her in stock instead of salary?
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Did Obama ever disclose what charities were the beneficiaries of the $2M dollar igNobel Prize he received?
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Did Obama ever disclose what charities were the beneficiaries of the $2M dollar igNobel Prize he received?
Reverend Wright? Acorn? China?
The Obama Retirement Fund (payable Jan. 21, 2013).
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Another thing I would like to point out. I am pretty sure that most the money Romney has was already taxed once when he earned it. What he pays on now is dividends. I wonder what his tax rate was when he was actually pulling in the $$$.
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Another thing I would like to point out. I am pretty sure that most the money Romney has was already taxed once when he earned it. What he pays on now is dividends. I wonder what his tax rate was when he was actually pulling in the $$$.
I believe it was 35%, or north of there. So, that means that he was taxed 50% total on the money.
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That's what pissing me off. Especially from people who ought to know better. This money has already been taxed.