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DeSanto
Guest
Obamacare = Romneycare. let’s not forget this was a republican idea supported by the heritage foundation…Karl Rove ring a bell.
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Luigi_Daniele
Guest
And yet, in spite of all of that one way or the other, a Catholic can not vote for a pro-abortion candidate, particularly when a non-abortion candidate is on the ballot.
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PJD1987
Guest
Irrelevant. It doesn’t matter who started it, it was a bad idea. And NO Romneycare is NOT Obamacare, another falsehood.
God bless.
-Paul
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DeniseNY
Guest
Nancy Pelosi has overseas investments
Debbie Wasserman Schultz has money in a Swiss account
Valerie Jarrett has money in Bermuda
And it’s alleged that Dick Durbin also has money in Switzerland
Debbie Wasserman Schultz has money in a Swiss account
Valerie Jarrett has money in Bermuda
And it’s alleged that Dick Durbin also has money in Switzerland
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LisaA
Guest
Actually with respect to your last question, I’ve gone on record as saying I would vote for Mickey Mouse over Obama although I have it on good authority he is a Democrat
With respect to your first statements, wow I’m amazed you know so much about the personal finances of Mitt Romney! I would be wary of making such claims with zero knowledge of either the Romney’s finances or our tax laws. Did you know Americans are taxed on their worldwide income? Just because money is in a bank account of another country doesn’t mean there are no taxes paid on the interest. Further to get money INTO the bank account indicates it was previously taxed.
You contradict yourself by first saying Romney and his ilk pay no taxes but those “pulling the wagon” ARE the ones paying taxes. Do you have any clue the percentage of taxes paid but the upper income Americans? Apparently not.
You’re also wrong that people don’t pay taxes because they “don’t make enough money.” Taxable income is legislated into being. It’s not determined by need. If you make $XXX you pay $Y in taxes. Further despite Nancy Pelosi’s constant mantra “Bush Tax Cuts for the Rich” it was actually a huge percentage cut for lower income people AND dropped more off the tax rolls completely than anything done by Clinton or other Democrats.
You have a lot of opinions DeSantos and some interesting personal experiences to share. But please quit passing off Democrat talking points as fact. It’s so easy to check the validity of these claims. You might be surprised.
Lisa
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PJD1987
Guest
Exactly. All it does is prove the fact that we need tax reform. Something Mr. Romney is a proponent of. Its all just a smokescree, completely irrelevant hogwash from the left. Class warfare at its worst.
God bless.
-Paul
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DeSanto
Guest
Nobody said it was illegal. That was the point. Quit taking me out of context people. And I am tired of being accused of spreading lies. It is a fact he hides money in swiss bank accounts to avoid paying in taxes to our country, PERIOD!!! We were talking about those that scam the system and take advantage of the rules. And yes, I do believe it is our business to know what a potential president does with their money. Are you serious?
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DeniseNY
Guest
Information on who already pays the most in taxes:Actually with respect to your last question, I’ve gone on record as saying I would vote for Mickey Mouse over Obama although I have it on good authority he is a Democrat
With respect to your first statements, wow I’m amazed you know so much about the personal finances of Mitt Romney! I would be wary of making such claims with zero knowledge of either the Romney’s finances or our tax laws. Did you know Americans are taxed on their worldwide income? Just because money is in a bank account of another country doesn’t mean there are no taxes paid on the interest. Further to get money INTO the bank account indicates it was previously taxed.
You contradict yourself by first saying Romney and his ilk pay no taxes but those “pulling the wagon” ARE the ones paying taxes. Do you have any clue the percentage of taxes paid but the upper income Americans? Apparently not.
You’re also wrong that people don’t pay taxes because they “don’t make enough money.” Taxable income is legislated into being. It’s not determined by need. If you make $XXX you pay $Y in taxes. Further despite Nancy Pelosi’s constant mantra “Bush Tax Cuts for the Rich” it was actually a huge percentage cut for lower income people AND dropped more off the tax rolls completely than anything done by Clinton or other Democrats.
You have a lot of opinions DeSantos and some interesting personal experiences to share. But please quit passing off Democrat talking points as fact. It’s so easy to check the validity of these claims. You might be surprised.
Lisa
american.com/archive/2007/november-december-magazine-contents/guess-who-really-pays-the-taxes
It’s from 2007, I’m looking for something more recent.
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PJD1987
Guest
Yes. I’m dead serious. You are spreading Democratic liberal bs, that have little to no foundation in fact. Please do your homework and stop being so gullible, that’s what the left is counting on, and you are smarter than that.
God bless.
-Paul
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Luigi_Daniele
Guest
And Obama uses TARP money to help car companies in Denmark.
Romeny is not “scamming the system”. He is taking after tax dollars and placing them in Swiss banks. This is after tax income. This means he has already paid taxes on it. Until it is illegal for an American to place money in an extra-US bank, it isn’t, well, illegal.
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LisaA
Guest
I think the theory is that means testing would provide less premium support rather than removing you from the program completely. I agree you pay in, you should get something back. But since Medicare tax is in EVERY dollar now, a highly compensated individual will pay in far more than he will ever use. He realizes that some of this is going to others and as you said, it becomes just another tax. Have you noticed they have quit referring FICA tax as “Social Security” and now call it “payroll tax” I think the idea is to make us forget we actually paid into the system lest there be nothing coming out!Here’s one where I disagree
You pay Medicare taxes in. Seems unfair that anyone, including the rich, should be means tested out of the program. It then becomes not a Medicare tax, but just a plain tax for these folks. Hardly seems fair.
The way it works in Italy, BTW, is that there are doctors that opt out completely. The best and brightest, if you will. You want to see them, you pay cash.
Again, with you 99.99% of the time.
You are also correct, there are more and more ‘concierge doctors’ who take no insurance or Medicare and deal directly with their patients. You are also correct that it’s the best and brightest who move into that type of practice, particularly as they get close to retirement.
As one poster noted, the regulations are unbelievable and there are serious consequences for even an inadvertent clerical mistake. Our practice spent in the high five figures to have all of our billing systems, personnel and procedures run through a rigorous test to be sure we are compliant. Once again, regulations that create costs but provide little in the way of value.
Lisa
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Brendan
Guest
‘Phenomenal’? As opposed to McDonald’s 38.1% ROE??
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JoeBowen7
Guest
But wouldn’t it be better for the American economy if this money were left in the USA and in American banks so that it could be used to support American business? By putting the money in overseas bank accounts, aren’t you instead choosing to support foreign economies?
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LisaA
Guest
Oh DeSanto I have to laugh…he HIDES money in Swiss bank accounts? Yet you seem to know all about it! Not a very good job of hiding it is he?
Others have pointed out the obvious…that it is after tax money in his accounts. He’s already paid taxes on the funds and will continue to pay taxes on the earnings. As I said, you pay taxes on WORLDWIDE INCOME. So if the money is squirreled away in another country, not only does a taxpayer have to list and pay tax on the earnings (interest/dividends/cap gains) he must also send in a completely different form with extensive detail about the accounts: where they are, how much is in them and what was earned. This is sent to a completely different IRS department and the items are checked against each other. Unless you would like to accuse Mr Romney of felony tax fraud, I think you better stand down on this issue.
Lisa
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Luigi_Daniele
Guest
You want the money back here, then lower taxes on investment income (long term capital gains). Which is what Romney intends to do.
Look, if I had enough money to make it worth it, and I trusted the governments there to be stable, I would do the same thing. My first responsibility is to my family.
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Havard
Guest
Mitt Romney was reporting his Swiss account to the federal government, so your allegation that he was using it to hide assets has zero basis in fact. Further, Swiss bank accounts are hardly shady, there are many reasons why Swiss banks are good options for holding liquid assets.
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LisaA
Guest
Well thanks to Dodd Frank and a lot of new regulations, American banks aren’t loaning out money. American corporations are also holding onto a lot of cash. Everyone is waiting and hoping and wishing Obama will go away and the economy can heal…
Lisa
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DeSanto
Guest
Actually with respect to your last question, I’ve gone on record as saying I would vote for Mickey Mouse over Obama although I have it on good authority he is a Democrat
I would not vote for slim shady, Will the real Mitt Romney please stand up?
With respect to your first statements, wow I’m amazed you know so much about the personal finances of Mitt Romney!
It’s called releasing your tax returns. Why do you suppose he refuses to release 2009’s. Surely he is not hiding anything, oh no of course not.
I would be wary of making such claims with zero knowledge of either the Romney’s finances or our tax laws. Did you know Americans are taxed on their worldwide income? Just because money is in a bank account of another country doesn’t mean there are no taxes paid on the interest. Further to get money INTO the bank account indicates it was previously taxed.
You can be very condescending. Could you please explain to my simple mind why on earth would he put money in a Swiss bank account then?
You contradict yourself by first saying Romney and his ilk pay no taxes but those “pulling the wagon” ARE the ones paying taxes.
Now who is spreading lies? Show me where I said he pays no taxes…please! And apparently I paid more of a percentage in taxes than Romney did and apparently im not doing enough, so explain that.
Do you have any clue the percentage of taxes paid but the upper income Americans? Apparently not.
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I do know actually. I know according to the Tax Foundation who analyzed tax rates over the past century concluded today’s income tax rates are strikingly low relative to the rates of the past century ESPECIALLY FOR RICH PEOPLE.**
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check it out … www.businessinsider.com/history-of-tax-rates-2012**
You’re also wrong that people don’t pay taxes because they “don’t make enough money.”
Yes, you have to make a certain amount even to be eligible to file although you should file anyway in case the IRS may owe you. www.IRS.gov.
Taxable income is legislated into being. It’s not determined by need. If you make $XXX you pay $Y in taxes. Further despite Nancy Pelosi’s constant mantra “Bush Tax Cuts for the Rich” it was actually a huge percentage cut for lower income people AND dropped more off the tax rolls completely than anything done by Clinton or other Democrats.
You have a lot of opinions DeSantos and some interesting personal experiences to share. But please quit passing off Democrat talking points as fact. It’s so easy to check the validity of these claims. You might be surprised.
You may be surprised. I’m not a democrat. I’m disappointed in the behavior of the right and am a concerned citizen of the unites states! Oh, and it’s DeSanto, any more insults?
Lisa
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Luigi_Daniele
Guest
You need to lighten up a notch, DeSanto, with all due respect.
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DeSanto
Guest
perhaps.
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