Romney to Americans Who Pay No Taxes – You Are Victims and Losers!

11 comments

A secret recording from a closed-door fund raiser had Mitt Romney saying, “47 percent of Americans believe that they are victims…I’ll never convince them they should take personal responsibility and care for their lives…My job is not to worry about [votes from] those people. These are people who pay no income tax. Forty-seven percent of Americans pay no income tax.”

Mr. Romney’s figure of 47 percent comes from the Tax Policy Center, which found that 46.4 percent of households paid no federal income tax. But this hides the fact that most households did pay payroll taxes. If you factor in payroll taxes, which support Social Security and Medicare, the percent of households with a net liability of zero or less is estimated to be 24 percent. Of the 18.1 percent of households that paid neither income taxes nor payroll taxes, the center found that more than half were elderly and more than a third were not elderly but had income under $20,000.

The video is a big blow to the Romney campaign which has focused on promoting tax cuts for all, and specifically for the middle class. Now, he’s been caught on video suggesting that low- and middle-income Americans are already under taxed. So it begs the question as to whether he would really cut taxes for this large cross section of Americans if he does win the Presidency. Basically his off-the-cuff comments reinforce every negative view people have about Romney and his elitist leanings. To his credit though he took responsibility for his taped comments and did try to defend his viewpoint:

“The president believes in what I’ve described as a government-centered society, where government plays a larger and larger role, provides for more and more of the needs of the individuals….I happen to believe instead in a free enterprise, free individual society where people pursuing their dreams are able to employ one another, build enterprises, build the strongest economy in the world.”

While I consider myself an independent voter, I must ask the question to Mr Romney, “How much have you paid in federal taxes over the last 5 years?” Kind off hard to answer that question when he refuses to release his pre-2010 tax returns! Though I hope voters don’t make their presidential decision purely based on this news.

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11 Comments on "Romney to Americans Who Pay No Taxes – You Are Victims and Losers!"


Sunday 10:05 pm

Looks like Romney’s comments did end up costing him the election!

Carole
Thursday 9:52 am

I just can’t understand how blind people are to see that he hasn’t done what he promised – and isn’t even dealing with jobs/economy and the middle East! Too busy on Letterman or hobnobbing with JayZ & Beyonce… Probably has another expensive vacation for his family planned as well… Obama is weakening America and the sooner people realize it, the sooner we can make this country great again for our grandchildren! $16 trillion deficit and now we are spending $40 million per month buying bad mortgage securities when the banks are doing just fine??? What the hell is that all about? People need to wake up!

mikegorton
Tuesday 4:55 pm

Interesting…i thought this was an investment site, not another political blog where people can once again dump their illogical views . Here’s one…I feel bad for conservatives this time around. Any conservative that thinks Romney is going to do them right is ignoring his history and should get their head examined. Go ahead, vote your lesser of two evils.

Tuesday 10:37 pm

It is an investment site, but the tax statement intrigued me. I admit the heading is a bit aggressive, but I think I presented both points of view in the article. Also your investments, taxes and savings will definitely be impacted depending on which President wins.

Think4yourself
Tuesday 12:56 pm
Whoops! Another Romney CRIME folks! Telling the truth once again. How dare he!!! No, Obama’s supporters aren’t addicted to your tax dollars. No, they aren’t doing their utmost to put a policeman into every small business in the United States. No, the London Olympics had no issues of security, despite weeks of articles in newspapers around the globe stating the opposite. No, Obama isn’t a gittin’ down on Jay-Z’s hip-hop radio show while he refuses to even TALK to the prime minister of Israel. And yes, let’s all point out the unspeakable EVIL of Mitt Romney demanding that our government anticipate mass demonstrations on 9/11 and the security issues that led to the murder of four people. How dare Mitt point out that Obama’s administration made absolutely no preparations, or how Obama is trying to say it was all about a video that was published back in May, not new… Read more »
gail
Tuesday 12:59 pm

IT would be refreshing to have a leader, that isn’t afraid to speak the truth and not apologize constantly….pardon us for noticing Obama’s whole middle-east policy imploding…..the rebel/terrorists Hillary and Obama put in power are burning American flags and overrunning our embassy(s)…..Obama does nothing, he’s busy campaigning, and fundraising, like he did the past 4 years……Obama’s whole presidency is an empty chair.

johng
Tuesday 1:08 pm

You can’t keep taking from the taxpayers in this country, borrowing from China, and trying to sustain a welfare society to support tens of millions who can’t (or in many cases, won’t) find jobs. It is true. 47+% do not pay federal taxes. If they did pay something, maybe 1) they would feel more invested as a true participant in our society, and 2) be more concerned with how government taxpayer dollars are wasted.

mikeg
Tuesday 3:41 pm

The veterans who serve 20 years or more in the service, they get benefits — that’s government money. Those who are wounded on the battlefield, they receive government benefits. GI’s who go to school — they all get benefits. The way he said it, since it was so poorly phrased, those are part of the 47%

freemil
Tuesday 12:54 pm

So are military folks, who are dependent on government, are nothing but victims and freeloaders.

2ndverse
Tuesday 12:53 pm

It saddens me that so many commenters here (along with dear Mitt, ) define welfare recipients as lazy, incompetent leeches with no sense of personal responsibility. Due to unfortunate circumstances, I found myself turning for help when I could not feed my small children. Thankfully, the social safety net helped my family to keep going when, despite two working adults, the combined income was less than $16,000 year. Not once did we consider ourselves “victims”; instead, we kept working, we clipped coupons, and we went without a lot – we never “expected a handout”, but we did the right thing to turn for help at the time we did. Sometimes, when you’ve got empty cupboards and bare bank accounts, it IS taking personal responsibility to ask for help, to make sure your children are fed.

J. Kalin
Tuesday 12:51 pm

I’m retired and paid taxes my whole life. I still pay sales taxes, property taxes, and income taxes on both my investment income and my SS income. And my wife and I pay about $2400 a year for Medicare. We pay an additional $3000 + $1400 or so together for supplemental medical and drug insurance. I think we’re probably pretty typical. Maybe in fact we’re now getting more out (money-wise) than we are putting in, but for 45 years just the opposite was true. It evens out. This is not a free lunch (dinner or more likely evening supper). Why misrepresent it?

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