Mitt, a winner and a loser?

[TexasWife25]

In both states(Ohio and Michigan), Romney won among those making more than $100,000 by 14 points, even though he lost among all other income demographics. This trend occurs in virtually every state that has voted thus far. A ThinkProgress analysis of exit/entrance polls from the 14 states that have conducted them shows that Romney consistently does best among those earning more than $100,000 or $200,000 a year, while more often than not losing among middle- and working-class voters.




http://thinkprogress.org/economy/2012/03/07/439843/analysis-romney-wins-big-rich/

Romney carried both Ohio and Michigan by winning the votes of 1 income bracket.

 

[mercury14]

And just in the nick of time he did a complete flip-flop on minimum wage. A couple weeks ago he affirmed his lifelong stance that it should be tied to inflation. This week he thinks it should be not only not tied to inflation, it should never be increased.

Strong, reliable leadership here.

 

[Drixxx]

The mom jeans aren't working.

http://mittromneyisatool.com/wp-content/uploads/2012/01/Mom-Jeans-Mitt-Romney-Photoshop.jpg

 

[TexasWife25]

A positive for Romney in this, not only are the rich voting for him, but hes actually getting more of them to turn out then ever before.

 

[Drixxx]

A positive for Romney in this, not only are the rich voting for him, but hes actually getting more of them to turn out then ever before.

Don't worry. His involuntary gaffe convulsions plus his chronic flip flopping will sink him. Nobody likes him outside the country club set.

 

[TexasWife25]

I think this is what will sink Mitt

http://www.washingtonpost.com/rf/image_606w/WashingtonPost/Content/Blogs/ezra-klein/StandingArt/change%20in%20tax%20rates%20romney%20obama.jpg?uuid=0EM-HmPkEeGJQdvjzWyqAw

I don't know too many people who will vote for someone who plans to raise their taxes.

 

[paganangel]

I think this is what will sink Mitt

http://www.washingtonpost.com/rf/image_606w/WashingtonPost/Content/Blogs/ezra-klein/StandingArt/change%20in%20tax%20rates%20romney%20obama.jpg?uuid=0EM-HmPkEeGJQdvjzWyqAw

I don't know too many people who will vote for someone who plans to raise their taxes.

i must be sniffing glue. i seem to be totally misreading that chart.

 

[KRCummings]

i must be sniffing glue. i seem to be totally misreading that chart.

No, you're not. The only raise by Romney is way over in the bottom fifth on the left. I didn't see it at first either.
It's 1.3% raise so while it's certainly shitty to raise taxes on the poorest people I can't imagine anyone getting too upset over it either.

 

[KinkyMichigan]

No, you're not. The only raise by Romney is way over in the bottom fifth on the left. I didn't see it at first either.
It's 1.3% raise so while it's certainly shitty to raise taxes on the poorest people I can't imagine anyone getting too upset over it either.

Would it actually result in them paying taxes? The majority of Americans in that bracket don't pay taxes currently so I'm not sure how much the 1.3% increase would affect that anyways.

 

[KRCummings]

Would it actually result in them paying taxes? The majority of Americans in that bracket don't pay taxes currently so I'm not sure how much the 1.3% increase would affect that anyways.

I have no idea. That's just what I read because I looked it up due to not reading the chart properly at first. I can't imagine they all don't pay any tax. Single people don't get many breaks even when poor.

 

[KinkyMichigan]

I have no idea. That's just what I read because I looked it up due to not reading the chart properly at first. I can't imagine they all don't pay any tax. Single people don't get many breaks even when poor.

I know. That would be me right now. Graduate student. Single. No kids. lol

 

[mercury14]

Would it actually result in them paying taxes? The majority of Americans in that bracket don't pay taxes currently so I'm not sure how much the 1.3% increase would affect that anyways.

What you mean is income taxes. Folks with barely any income don't pay much in income tax and if they have a family or something they can often get their net income tax to $0.

They pay all sorts of other taxes.

 

[KinkyMichigan]

What you mean is income taxes. Folks with barely any income don't pay much in income tax and if they have a family or something they can often get their net income tax to $0.

They pay all sorts of other taxes.

Thanks for pointing that out, Captain Obvious.

 

[DeepThroat_]

How does Mitt plan to balance the budget by only raising taxes on the poor? Magic?

 

[KRCummings]

What you mean is income taxes. Folks with barely any income don't pay much in income tax and if they have a family or something they can often get their net income tax to $0.

They pay all sorts of other taxes.

But the raise is in income tax so there ya go.
And what federal taxes other than income tax could you raise on the lowest percentile but not on everyone else?

 

[KinkyMichigan]

How does Mitt plan to balance the budget by only raising taxes on the poor? Magic?

Cutting government spending in various areas most likely.

 

[KRCummings]

How does Mitt plan to balance the budget by only raising taxes on the poor? Magic?

I don't think he's given a full plan yet. Most likely it's about as good as Obamas which is to say it probably sucks. They all suck and they usually don't happen the way they promise anyway so in the end it doesn't matter.

 

[mercury14]

Thanks for pointing that out, Captain Obvious.

It's obvious to you and I. But the right loves to spin this into "the poor don't pay taxes".

 

[mercury14]

Cutting government spending in various areas most likely.

No he's not. Defense, Medicare, and baby boomer pensions account for the overwhelming majority of government spending. And Romney has no plans to cut those things.

 

[1sickbastard]

He'll likely win the GOP nomination, but unless something drastic and unforseen occures, he loses to Obama in the general election.

 

[KRCummings]

He'll likely win the GOP nomination, but unless something drastic and unforseen occures, he loses to Obama in the general election.

Most likely but there is a feeling of overconfidence from the Left and things change once you get into a one on one fight. I wouldn't put money on him but if he keeps the Mormon shit in the background and stops saying really stupid shit about how much money he has then he might have a chance.

 

[1fromawoodpile]

The last Tax Foundation Survey (from IRS figures) in 2007 shows the following:

Taxpayers Share of Income Tax Paid

Top 1% 44.42%
Top 10 percent 71.22%
Top 25 percent 86.59%
Top 50 percent 97.11%
Bottom 50 percent 2.89%

Half of America is paying 2.89%!

I can't imagine that it has become more equitable under Obama.

Who isn't sick of the free ride for half a population of total losers?

 

[JackLuis]

The last Tax Foundation Survey (from IRS figures) in 2007 shows the following:

Taxpayers Share of Income Tax Paid

Top 1% 44.42%
Top 10 percent 71.22%
Top 25 percent 86.59%
Top 50 percent 97.11%
Bottom 50 percent 2.89%

Half of America is paying 2.89%!

I can't imagine that it has become more equitable under Obama.

Who isn't sick of the free ride for half a population of total losers?

That means Mitt is one of the people, a Loser!

 

[1fromawoodpile]

I voted for Santorum.

 

[mercury14]

The last Tax Foundation Survey (from IRS figures) in 2007 shows the following:

Taxpayers Share of Income Tax Paid

Top 1% 44.42%
Top 10 percent 71.22%
Top 25 percent 86.59%
Top 50 percent 97.11%
Bottom 50 percent 2.89%

Half of America is paying 2.89%!

I can't imagine that it has become more equitable under Obama.

Who isn't sick of the free ride for half a population of total losers?

It has changed. The rich are paying less of the share each year. Your 44.42% figure for the top 1% dropped to just 31.6% in 2011. And the top 1% had an effective income tax rate of just 21.5%.

You also have to keep in mind that social security tax is capped so the wealthy get to pay a lower percentage of their income towards it.

http://www.taxpolicycenter.org/UploadedPDF/411943_distribution_federal.pdf