Romney in the debate revealed he would eliminating tax on interest, dividends, and capital gains. What a tax savings for many of the VZ investors who are collecting the great dividend paid by VZ. Can't wait to get this guy in office.
Not going to happen now it would have been great for the small investor. BO will do away with Bush tax cuts which means a tax increase for everyone and more tax increases to come for the middle class.
Yeah, he says he is outsourcing your dividends into his account in the Caymen Island, not European enough for you? Mitt says he feels just as comfortable outsourcing your dividend into his Swiss Bank account.
Did you ever hear the expression that "There is no free lunch"? You might want to stop and consider how Romney would make up this huge reduction in revenue. It sounds great, but the devil is in the details and Romney refuses to release how he would make up for the lost revenue for the 5 Trillion in tax cuts he has promised and the additional 2 Trillion in military spending he is championing. (Even though the Joint Chiefs say they don't need it to maintain our military.) We already spend more on military spending than the next 10 largest military budgets COMBINED!
You do realize that if Romney adds another 7 Trillion in debt the interest on our National debt will consume 100% of our national revenue. Lets not be stupid. We need to come up with a compromise plan that reduces spening and increases revenue and start paying DOWN our national debt. We owe that to our children and grandchildren.
Better the devil you know than the devil you don't know. I don't trust Romney. Even a third grader can see his numbers just don't add up...but if you don't like them, just wait a few days and he will change his position to whatever polls more favorability.
i have a good belly laugh every time i hear about the wealthy and the their cap gains tax breaks and
such ... then we hear a report about how most households have much of their wealth in the
stock market ... stocks are not only for the wealthy any more .. a whole lotta working stiffs have
their savings working ...
I sure don't mind paying only 15% on my long term cap gains and would love it , if my divs were not
touched either !!!!!!!!!
I would really like to see a compromise on the matter of taxing cap gains and dividends ... the
structure should be progressive ... something like , if a person's gross income is less than
100k(or some amount) , there is no tax on gains or divs , and scale up the % from there ..
such that those individual who have millions of $$$ of income from same don't get a free ride ..... but
pay their share that they can well afford ...
take away favorable cap gains and continue to tax dividends will hurt the working man far more
than the wealthy class ...
here's another good one for you ..... there's been a lot of press lately about women's wages vs
men's wages ... no doubt the men's wages , on whole , are ahead of womens , but check out
who the "wealthy folks" are who pay almost no taxes and whose net worth is in the millions ...
take stroll on many beaches in Florida , Rio , The Riviera .... 90 year prunes with more money
than you could count in a lifetime ....
Women Review Debate 3, Governor Mitt Romney Pasted The Test, Ready to Lead USA
By USA_Jewish_Women 10 22 2012
Debate 3: Women's Review: President Obama Was Arrogant, Disrespectfully Angry Condescending to Governor Mitt Romney on Oct 22, 2012.
Mitt Romney's Stunning turnaround in these past 3 debates
Obama has lost support among Jewish women voters.
Most Jews are Turn Against Obama across the 50 states,
A Jewish Women Focus Group of 7,890 on October 22, 2012
President Obama Was arrogant, angry, disrespectfully, condescending and much to aggressive, did not look very presidential at all.
Governor Mitt Romney looked much more presidential, ready to be commander-in-chief. America he said, needs a strong economy in order to have a strong military for our National Security now and in the future.
We came away from this debate with a very good impression of Mitt Romney, in that he would be a “ a safe pair of hands.”
We feel he’s tough enough to do what’s necessary, but laid-back enough not to do too much and get us into another war. Romney did not attack President Obama's policies, he simply pointed out a few improvements in a respectable way.
During the debate Governor Mitt Romney seemed more like the president and Barack Obama more like the candidate and challenger.
Governor Mitt Romney was calm, thoughtful, relaxed, steady and looked very presidential. He looked and acted ready to take the job as commander-in-chief. Expressed his views on Iran's Nuclear threat and the USA support of Israel, our good friend and ally.
He impressed us tonight, in that a vote for him is a vote for American security, peace and safety, a strong economy, a strong military, millions of higher paying jobs, prosperity and quiet peaceful life for us and our families.
The world is much to scary these days; Americans aren’t looking for a scary weak president.
Tonight we came away with the feeling that President Obama is more the scary one, in America's weaken relationship with Israel, a closer to Nuclear Iran, our weak economy and the huge 16 Trillion Dollars in Debt, that in itself Threatens our National Security.
We can not afford four more years of president Obama's spending and borrowing another 5 or 6 trillion dollars from countries like China. Our jewish women's focus group therefore endorse Governor Mitt Romney for the next president of the United States of America.
Obama's Re-Election is very questionable. Vote for Mitt Romney and Paul Ryan
I like the way Romney thinks
Romney’s plan would let households earning less than $200,000 a year collect capital gains, dividends and interest tax-free. That would encourage more Americans to build cash nest eggs and to own stocks and bonds above and beyond their retirement plans.
It's a way to get the money off the sidelines back into the market. Not sure what it would do to volatility though-- if not cap gains tax, everybody and their brother will be trying to day trade to catch up.
ORR-- since there is no div tax, it could stabilize things, allowing people to park their cash and let it reinvest and compound tax free.