Guess What? 7,000 Millionaires Paid No Tax in 2011
Unless you’ve been hiding under a rock all morning, you probably know by now that Mitt Romney, during a reception for wealthy donors, said that 47 
percent of Americans pay no income tax, are dependent on the government, and will vote for President Obama ”no matter what.” Romney said that these people will vote for Obama because they feel that they are entitled to government handouts by way of food, shelter, and health care.
What Romney doesn’t mention is that the people who don’t pay income tax do pay other taxes, such as payroll tax, and state and local taxes.
Romney also doesn’t mention that these people don’t pay income tax because they’re to poor to pay it. But what Romney also omits from his conversation is that 7,000 millionaires paid no tax in 2011:
….among families making more than $100,000, there were also half a million tax units — enough to replace the population of Tucson, Arizona — that also paid no income tax. Even more surprising, 7,000 millionaires also paid no individual income tax.
It’s not the poor people who are cheating the system. Most of them really are poor, and don’t make enough to owe any taxes. It’s the rich – who make more than enough but take advantage of loopholes to get around paying taxes – who are cheating the tax system.
But since Romney is a member of that elite class, he will never focus on them, and prefers instead to direct the ire to the poorest people in the country. Once Romney release his tax returns, then we can discuss tax fairness.
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ROMNEY HOOD sat up one of his fund-raising dinners where people like him…who probably did not pay much in taxes either — munched on $50,000 per plate to hear Romney. That alone is outrageous…considering that these PLUTOCRATS and Romney were degrading working people…and others…and want to take away funds for people who have been hit the hardest. LEST WE FORGET… it was the REPUBLICANS…G.W. Bush’s Admin. that wrecked the economy from 2000 thru 2008 — and now it is the REPUBLICANS who are complaining about people “needing help.” It is all so ridiculous and insulting !!!! IT WOULD BE INTERESTING TO KNOW WHO PAID WHAT TAXES…of the people at that dinner for ROMNEY HOOD.
KUDOS TO President Jimmy Carter’ Grandson for bringing it full circle to The People……
What I don’t understand about american politics is how big business is allowed to support one candidate and not support the other. As Business they should be supporting both candidates. Supporting one says they are buying something from that candidate. More amazing is that the american people don’t seem to see this.
Americans do see it, but they also are Monday Night Football programmed so to speak. They don’t care if their side wins. These are the same people who believe that the period of Americas greatest job losses, 2007-2009, was on Obama’s watch. You can tell them Obama wasn’t sworn in until January 20, 2009, and they would care about the truth one bit. Just so long as their side win. Hope they realize the are voting for their own demise.
They do “contribute” (although that doesn’t necessarily equal support) to the two main parties’ candidates. They’ve learned to hedge their bets so that they win whoever is in office.
They pay tax other than personal income tax!
You didn’t mention they didn’t break any laws!
Now if both parties would change the laws and get rid of the loop holes.
You do recognize their are as many millionaire democrats as republicans, right!
I want to be wealthy one day, don’t you?
Do you really think the country would be better off without millionaires? If everyone made $30,000 per year, it wouldn’t be long before some had more than others, stop hating the rich and do or at least try to become rich!
Oh and pay only the tax you are required to pay!
Oh, if you are one of the 47% who paid no tax because you don’t make enough, don’t blame some one else, do what is needed to make more $$$!
You can if you try, try harder, you find time to do the things you really want to do.
You should want to become rich!
Cracker plz! Isnt that what right wing extremists like ur dumb white azz do constantly; blame blks & the poor for all the ills of the world while these greedy white corrupt gangster rich cause whole economies to fail, funnel their monies into offshore accts to keep fr paying their fair share of taxes, lobby to enact policies that take fr the poor to give to the rich as they steal the world blind. If thats what being rich is all about that aint nothin to aspire to; its unconscionable & right n line w. ur thievin avaricious murdering reprobate ancestors! As far as trying harder, who r u to reprimand anybody. Ur dimwitted @zz aint rich! B/c if u were u wouldn’t b on this site spreadin pathetic nonsense. U’d b somewhere robbin & stealin & taking advantage of others jes like the rest of ur folks.
Yet another one of Romney’s flip flops. I wonder how he will weather this one. As Clinton said, it takes some brass to accuse others of not paying the taxes that you claim you have paid, but won’t show anyone.
Tax his land,
Tax his bed,
Tax the table,
At which he’s fed.
Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.
Tax his work,
Tax his pay,
He works for
peanuts anyway!
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.
Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.
Tax his cigars,
Tax his beers,
If he cries
Tax his tears.
Tax his car,
Tax his gas,
Find other ways
To tax his a*s.
Tax all he has
Then let him know
That you won’t be done
Till he has no dough.
When he screams and hollers;
Then tax him some more,
Tax him till
He’s good and sore.
Then tax his coffin,
Tax his grave,
Tax the sod in
Which he’s laid…
Put these words
Upon his tomb,
‘Taxes drove me
to my doom…’
When he’s gone,
Do not relax,
Its time to apply
The inheritance tax.
Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax (currently 44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge Tax
Social Security Tax
Road Usage Tax
Recreational Vehicle Tax
Sales Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Nonrecurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax
STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world.
We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.
What in the heck happened? Can you spell ‘politicians?’
I hope this goes around THE USA at least 545 times!!! YOU can help it get there!!!
GO AHEAD. . . BE AN AMERICAN
Money Laundering and Tax Evasion Are Some of The Key Ways Money is Moved Out of The Country…Romney”,Whatcha goin do When They Come for You?….Check Out The Wealth of Some of The Politicians in Our Government:..Rep. Michael McCaul[R-Texas] $305.96 million—Rep. Darrell Issa[R-Calif.] $140.55 million.—-Rep.Jim Renacci [R-Ohio] $36.67 million.—Rep. Vern Buchanan [R-Fla]$36.49 million—Rep. Diane Black[R-Tenn$24.79 million…It makes you wonder,exactly How are These Politicians Gaining or Should I Say,Gam ing This Much Wealth? Where are Our Tax Dollars Going? This Should be Investigated Plain and Simple.
Why are the rich getting away with NOT paying taxes? Why are the poor paying taxes? I got it…there more poor folks than rich, so if u nickel & dime the poor for everything, the rich can maintain their lifestyle!
These so called presidents are a joke, u met one, u met them all! Quit voting, it gets worse every term. Its a total waste of time. These so called rich folks will pay the ultimate price come judgment day!
I don’t agree w/ not voting… but I will say that we need to stop voting for Republicans and Democrats. Both parties are horribly corrupted.