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Subscribe to RSS“Mitt Romney raised $100 million in August, his campaign told bundlers last week in Tampa, according to Politico,” per Political Wire. We’ve yet to receive any confirmation on this amount from the Romney campaign.
"Before Mitt Romney retired from Bain Capital, the enormously profitable investment firm he founded, he made sure to lock in his gains, both realized and expected, for years to come," the Washington Post reports,” via Political Wire. “He did so, in part, the way millions of other Americans do -- with the tax benefits of an individual retirement account. But he was able to turbocharge the impact of those advantages and other tax breaks in his severance package from Bain in a way that few but the country's super-rich can ever hope to do."
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Seems like the only thing Willard is proud of is how much money he can raise.
Obama would be proud too, if he had been successful.
Release those tax returns, Mr. Romney. Not likely since they would outrage so many hard working Americans who pay a higher tax rate than his 13.9% in 2010 on $20 million + income.
And what about your proposed tax cut for the rich? Is this simply a bribe to drive up your campaign contributions?
It is not a plan for creating jobs. The middle class is still buried in debt that the rich loaned them instead of giving them a share of their increased profits and greatly increased take home pay (3 major tax cuts in the past 12 years) in the form of greater wage increases and continued good pension plans.
Trickle down economics never worked to produce jobs, but only to increase the wealth of the wealthiest among us. 30 years of a failed Republican economic policy should be labelled a failure, not hailed as a cure-all for our present troubles with job growth. The net job gains of the Bush years of 1 million jobs did illustrate what 2 massive tax cuts for the rich can do. It drives them to make more money by exporting jobs and chopping up profitable companies for their own apparently insatiable appetite for greater wealth.
Wander how much of it came from ordinary everyday hard working people
According to Republican economic dogma, every speaker at the Republican Convention, except Romney, had parents that failed. None could be called successful.
Hedley,
How many were honest representations of personal achievement? What worries me is the lack of honesty within my former party. My fear is not of electing Romney (he seems like a nice fellow) but electing more neo-conservatives such as Bush-Cheney. The Republican party has gone so far to the right as to be unsupportable and willing to spread any untruth to win.
One can only hope that Romney's fund raising has an inverse correlation. Like an unstable star, it grows bigger and bigger until all reasonable bounds of gravity are defeated causing the star to explode and then shrink to a white dwarf. At some point I expect the Obama campaign to ask, "what are these contributors trying to buy, are they really patriots or are they trying to buy their tax advantages?"