Romney says he pays about 15 percent in income tax

[Papa_Complex]

Originally Posted by Amber Lamps

Correct, If I earn through wages $100,000/year, I'm taxed right? Let's say 25% just for fun. Now I invest $20,000 in Dildos Inc and they turn a profit and I get a $5,000 dividend. I then pay 15% on that dividend. It's not double taxation.

The point is that I paid taxes on the money when I earned it, I pay taxes on the interest if I save it, I pay taxes on the money that I spend and I pay taxes on the gain if I invest. Why is that okay with everyone and why do you think that Romney or anyone else should pay more? The stupid thing with Romney is that he "only" pays 15% because he's earning money solely from investments for the most part. He is not doing anything shady or illegal and it is evil and blatantly irresponsible for the media to portray it any other way.

If it's income, why shouldn't it be taxed? I don't see the problem here.