The genius of democracy is the idea that in a room full of smart people, the smartest person is the room.
|By: masaccio Sunday September 23, 2012 10:30 am|
|By: Peterr Saturday September 22, 2012 9:00 am|
“There are 47% . . . who are dependent upon government, . . . who believe the government has a responsibility to care for them, who believe that they are entitled to . . . you name it. . . . These are people who pay no income tax.”
You know these 47% who pay no income tax: people like GE, PG&E, CenterPoint, ConEd, Tenet, Boeing, Verizon, Ryder . . .
Because, as Romney told us earlier, corporations are people too. Some are just lazier and more dependent on government than others.
|By: Jon Walker Wednesday September 19, 2012 10:15 am|
Effectively, this was an entire week wasted for a campaign when they have no time to waste. There are only seven weeks until the election and even fewer until early voting starts.
|By: Lisa Derrick Tuesday September 18, 2012 8:00 pm|
This song by Randy Newman is a parody. Not the funniest parody, not super satirically biting, and minus the images it looses a lot. But sadly there are a number of commentors on YouTube that just don’t get that. Is America getting stupider? Both Clint “I figure if somebody’s dumb enough to ask me to go to a political convention and say something, they’re gonna have to take what they get” Eastwood and Rick Santorum seem to think a large percentage is.
|By: Jon Walker Tuesday September 18, 2012 9:53 am|
The Obama campaign clearly feels they have a juicy new opening against Mitt Romney. With in less than 24 hours the Obama team has already seized on a video leaked to Mother Jones were Romney tells a room full of millionaire that 47 percent of the country is with Obama because they are “dependent upon government, who believe that they are victims.”
|By: David Dayen Tuesday September 18, 2012 6:34 am|
You may have seen by now this chart, explaining the identity of the 47% (actually 46.4%) of Americans who “pay no income tax.” As you can see, around two-thirds of that subset do pay Social Security and Medicare taxes. If you count both sides of that tax, the employer and employee side, you get to 15.3% of their income in taxes. Mitt Romney paid what, 13.9%, in the one year we know about, and almost none of that included payroll taxes because it derived from interest and capital gains income.