| steverhcp02 said: Im not confused at all. Romney is saying poor people who receive assistance fromt he government and end up paying no income tax after deductions are freeloaders who dont take responsibility for their lives. He used a blanket term saying "47% pay no income tax" then lumped all those people into the aforementioned categories of not taking responisbility for their lives.
So what Im saying is, these people obviously dont have capital gains which are taxed, cause theyre poor right? So in essence if it werent for Romneys cap gains, which he admitted in the debate are his entirety of taxes, hed pay no other federal taxes after deductions. So the only reason Romney pays taxes are because his wealth of money, is making him more money. If it werent for that hed pay no other taxes.
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Yes, basically all his income is from investments. He'd be essentially retired if he hadn't been running for president for about a decade now. So if there were no cap gains tax, he'd pay no taxes. But there is, so he does. What does any of this have to do with anything at all?
