Monday, February 20, 2012

R is for Romney and Rick Santorum

Romney released his tax returns only to show us that he makes a lot of money and is taxed at a rate 15.4% the lowest rate is 15%! Now this was of no surprise to some. It only show the enormous amount of money the U.S  could be getting to reduce the deficit if they actually taxed the rich at the current low rate it is. Because to pay the same tax rate as a guy earning minimum wage is absurd. Rick Santorum who has recently came on his white horse to apparently "save" the Republican party and trys to show himself as the guy who is most like you is also a millionaire. Nothing wrong with that except the fact that he pays at most 28.5% of his income to taxes. The current rate for the rick which Santorum is should be paying 35%. Now I don't blame these men for using the loopholes at their disposal to pay as little income tax as possible. I blame our government and the organization who lobby the U.S government into making the tax rate what it is now with all the loopholes. Now I get that there are tax reduction, but sometimes the rich have got to pay taxes.

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