Published: October 26, 2012 9:18AM
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October 26, 2012 3:33PM
@ccbard - Don't you have the same ability to save and invest your money so that you can also earn your own capital gains? You are silly to think that the amount of money that could come from taxing the riches capital gains will make any dent in the current Gov't spending! The Gov't is a business and should be run like one. Growing are Gov't will only lead to everyone else having to pay more to run it. And if you think Obamacare isn't going to cost you more in taxes you haven't done enough homework. http://bit.ly/SJfCWW & http://bit.ly/NylXfP
October 26, 2012 10:48AM
Thank you for the photos it was an energized huge turnout in Defiance. I hope that people become more educated about Romney's plans for our future and visit his website where they can read the truth of what his plans are. I've studied Pres. Obama's record and have also researched Gov. Romney. I'm aware of the unemployment crisis in our state as well as the deficit that continues to grow. I believe Romney is our hope for the future and we certainly do need hope and change in this country. Thank you http://www.mittromney.com/issues/tax
October 26, 2012 9:28AM
I hope there are no workers there since Romney's tax plan is to tax workers and let super-rich capital gains workers pay no tax.
Romney’s plan is to keep the Bush tax cuts for the wealthy and stick workers with the bill.
If Romney were President, who would pay more tax?
A) A couple whose earns $200,000 from their jobs or,
B) A couple who earns $200,000 capital gains.
The working couple would pay a lot more!
Romney capital gains tax: zero tax.
Tax on working wages: $66,670 tax.
Romney wants a working family to continue to pay thousands in taxes, while those who make $200,000 from interest alone, would pay zero. Romney's plan "penalizes" working couples. If their income is $13,100, they would have to pay $2,121 tax. The capital gains couple may earn a whopping $186,900 more, but would pay zero.
Many capital gains earners are angry that Romney is only giving them $200,000 tax-free!
An economic advisor to Mitt Romney spoke in Boston this September and suggested a $2/gallon gasoline tax increase. To many of you in Ohio who need to drive to work, that would mean $6/gallon gasoline. Someone who trades stocks can deduct the cost of the trade, but there's no deduction for the cost of driving to work, even if gas reaches $6/gallon.