So... I fire up the ol' computer this mornin' to find the
following story linked from Drudge: "Obama Campaign Offers Romney 5-year TaxDisclosure"
Why how nice of them! How generous!
(*SNORT*)
Here... read for yourselves:
Obama campaign manager Jim Messina made the
tax-disclosure offer to Romney campaign manager Matt Rhoades in a letter Friday
morning. Romney released his 2010 taxes and has pledged to release his 2011
returns. Messina said in letter that he wants Romney to provide three more
years of returns.
Obama's campaign has questioned whether there are years
when Romney paid no taxes. Romney defended his record Thursday, saying he has
paid at least 13% of his income in federal taxes every year for the past
decade.
"I did go back and look at my taxes and over the
past 10 years I never paid less than 13%," Romney told reporters after he
landed in South Carolina for a fundraising event Thursday. "I think the
most recent year is 13.6% or something like that. So I paid taxes every single
year."
Aides later said Romney meant to say 13.9%, the amount he
already disclosed for his 2010 federal return.
Hmm... I've gotta say, folks... I'm not exactly thrilled
with this "at least 13%" declaration. Are you?
Seriously... Republican... capitalist... Romney supporter (yeah - I'm addressing you!)...
does it sound "reasonable" to you that a guy like Romney can "get
away with" paying a "mere" 13% - or even 13.9% - to Uncle Sam in
federal income taxes on earnings in the millions?
Returning to the article...
On average, middle income families, those making from
$50,000 to $75,000 a year, pay 12.8% of their income in federal taxes,
according to the non-partisan Joint Committee on Taxation. In 2010 and 2011,
Romney made about $21 million a year.
Romney is able to keep his tax rate low because most of
his income is from investments, which are generally taxed at a lower rate than
wages.
OK, folks... now here's where we're gonna turn this
around and expose the blatant hypocrisy of one Barack Hussein Obama and the Democratic Party...
Did or did not President Barack Hussein Obama possess
close to absolute power during most of the first two years of his presidency?
Folks... in terms of the American political system...
when you have a president of one political party and a Senate Majority Leader
(with at the time filibuster-proof majority) of the same party and ideology
along with a Speaker of the House of the same party and common ideology...
that's as close as you get to "absolute power."
So... where was President Obama in 2009 and 2010?
Where was Harry Reid in 2009 and 2010?
Nancy Pelosi...? Where, oh, where was good ol' Nancy in
2009 and 2010...???
Folks... do any of you recall Obama, Reid, Pelosi, and
the Democratic majorities in both houses of Congress attempting to reform the
federal tax system so that millionaires (and billionaires) no longer have the
ability to pay "only" at least 13% of their earnings in federal
income taxes?
Folks... I don't recall it!
How'bout "carried interest," aka "hedge
fund managers tax loophole?" Did President Obama use each and every lever
of power at his disposal - both as President and titular head of the Democratic
Party - to get this loophole dismantled?
No... no he didn't.
Had he... the loophole would have
been done away with.
Again, folks... for almost two years - until the seating
of Senator Scott Brown - Obama, Reid, Pelosi, and the Democratic majorities in
both houses of Congress had what amounts to carte blanche to do whatever they
felt they needed to do. (Thus... ObamaCare.)
Folks... one can't be a friend of William R. Barker - or
a regular reader of Usually Right - without being aware of my views on
"tax fairness." While in theory I suppose I'd still support a
perfectly flat, non-progressive income tax (assuming a system where income
taxes exist), in practice I can support a progressive income tax... a flat
progressive income tax.
As to Barack Hussein Obama... while he and his surrogates
pound Romney for taking advantage of the tax system that actually exists,
disgraced Democratic political figure and financier Jon Corzine remains - even
today... even after MF Global... an Obama campaign contributor and bundler...
and... friend of Obama.
Folks... Wall Street backed Obama in '08 (particularly
Goldman-Sachs) and while that has changed in large part now, in 2012, Obama is still
buddy-buddy with many of the richest men and women in the country... men and
women who earn millions (and sometimes billions) the same way Mitt Romney
did... paying the same percentages in taxes (or in some cases no doubt less)
than Mitt Romney did!
My God... the blatant hypocrisy!
Does the 30 paragraph "My Way" article that
prompted this post address the point I've just brought up? Does the following
single line from paragraph 9 count?
That type of legal tax figuring is something Obama
has proposed changing, although his campaign notably said nothing about
Romney's self-described tax rate itself.
Nah... not really.
Folks... as I've been telling you all along... this year...
the Democratic partisan liberal media is gonna take out all the stops... take
off the mask and the gloves... campaign for Obama in the light of day as if
they literally are just another arm of the Democratic National Committee.
When blatant hypocrisy such as this tax hypocrisy shown
by the Democrats is all but ignored... you know the fix is in.
2 comments:
100% agreement. While I believe that the rate paid by Romney and others in this class is positively obscene, Obama has had more than ample opportunity to deal with it and has failed to do so. While. I would, as a matter of high priority, and I know that Romney would certainly not, it does not become a reason to vote against Romney given the actual policies of Obama (forgetting the rhetoric) leave the same result. What is the point of holding the uber rich in contempt for a failure to pay a percentage of their income consistent with (at the least) of those who work for them. Only policy matters, and Obama has nothing to show on policy.
Thank you, Mr. Leiter.
BILL
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