Romney is right on.....!!!! 50% of this country are losers who can't buy anything but iPhone with food stamps money.....!!! just kidding...lol
Today, Mitt Romney Lost the Election
By Josh Barro Sep 17, 2012 6:02 PM ET
You can mark my prediction now: A secret recording from a closed-door Mitt Romney fundraiser, released today by David Corn at Mother Jones, has killed Mitt Romney's campaign for president.
On the tape, Romney explains that his electoral strategy involves writing off nearly half the country as unmoveable Obama voters. As Romney explains, 47 percent of Americans "believe that they are victims." He laments: "I'll never convince them they should take personal responsibility and care for their lives."
So what's the upshot? "My job is not to worry about those people," he says. He also notes, describing President Obama's base, "These are people who pay no income tax. Forty-seven percent of Americans pay no income tax."
This is an utter disaster for Romney.
Romney already has trouble relating to the public and convincing people he cares about them. Now, he's been caught on video saying that nearly half the country consists of hopeless losers.
It tells us all something that most of the posts here agree with Romney !! We are all tired of supporting lazy worthless bums!! These tards watch Chris Mathews tingling legs and believe what he and that sorry smelly chimp Sharpton say!! Pretty funny. I am gonna love watching that monkey family packing up and getting the heck out of our nations Capitol!
Let's look at the facts of those who Romney and others here call irresponsible and lazy:
Who are these 46 percent* of Americans who pay no income taxes (but who do pay a variety of other federal taxes, including payroll taxes that fund Social Security and Medicare)?
The Tax Policy Center , which generated that statistic in the first place, breaks it down for us. They are:
--Fifty percent of those not paying income tax are “tax units” — someone filing as an individual or a couple filing jointly — that simply make too little money. For example, ” … a couple with two children earning less than $26,400 will pay no federal income tax because their $11,600 standard deduction and four exemptions of $3,700 each reduce their taxable income to zero.” These are often working people — janitors, nursing home aides, Walmart clerks, etc. An income of $26,400 breaks down to one full-time job paying roughly $12.70 an hour.
--Two-thirds of those who do not pay income taxes do pay Social Security and Medicare taxes. The combined payroll tax on their labor of 15.3 percent exceeds the 13.9 percent effective tax rate paid by Mitt Romney in 2010. Because payroll and income taxes are collected the same way, many Americans may confuse the two and falsely believe that they pay income taxes and thus are not part of Romney’s despised 46 percent.
--Roughly 22 percent of those not paying income taxes are low-income elderly on fixed incomes. Individuals on Social Security with an income of less than $25,000 and couples with an income of less than $32,000 pay no income tax on that money.
--Roughly 15 percent pay no income taxes thanks to “credits for children and the working poor (the child tax credit, the child and dependent care tax credit, and the earned income tax credit).” Pushing those people back onto the income-tax rolls would requiring eliminating those tax breaks. A low-income working couple with three young children, for example, would no longer be able to deduct the cost of providing daycare for their children. That in turn would substantially reduce the financial incentive to work.
--Some 3 percent pay no income tax because their income is derived through Social Security disability, TANF (better known as welfare) or unemployment benefits.
--An estimated 2.6 percent of the 46 percent escape income taxes through “above-the-line” or ATL deductions, most of which are business-related expenses or items such as alimony; or because their income comes from tax-exempt sources such as interest earned from muni bonds.
--Another 2.5 percent escape income taxes because they have relatively low incomes but have significant education expenses, such as college tuition. For example, somebody working his or her way through college would fall into this category.
--TPC offers no data on how many tax units escape paying income tax through bank accounts in Switzerland or the Cayman Islands.
It's the best thing he could say; Now America knows he will not take care of those lazy fat slobs who want to just collect the government "dole out". These are the same 47 percent who pay nothing in taxes.
This truth hurts...sometimes it keeps someone from getting elected too. It is sad that the laziness of many americans causes them to vote for someone who will allow them to continue in their worthless activities.
The sad part is... He is right. Half of America consists of free loading lazy worthless people. The funny part is, these are the very same retards who will sit at home and forget to vote! No problemo my libtard friend. Obama is done for!! As for the lazy worthless freeloaders... Their days of sitting on their lazy butts and expecting the rest of us to support them are almost at an end!!