Wednesday, January 25, 2012

Who Pays What in Taxes

About Mitt Romney's taxes...
Between 87 percent and 97 percent of American taxpayers have an effective tax rate that is lower than the 15 percent rate under which Mitt Romney says he falls.
But, hey, let's not let the facts get in the way of a good ol' class-warfare smear.
Democrats, "progressives" and other connivers hoping to capitalize on the ignorance of the Menckenian "boobeoisie" made much of Mr. Romney's statement that his effective tax rate is about 15 percent.
They then bloviated along some variation of the line that "here's yet another rich bastard taxed at nearly half the rate of most working Americans!" Or, as one New Jersey newspaper editorialist put it, it's yet further proof that the "game is rigged for the fat cats."
How embarrassing and shameful for those lacking the intellectual wherewithal to understand the facts and for those intentionally misrepresenting them.
Read the rest here...

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