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Chris Christie Says Mitt Romney Should Release Tax Returns Now

» 94 comments

New Jersey Governor Chris Christie, the most visible of Mitt Romney‘s surrogates, has responded to the former Massachusetts Governor’s revelation that he pays about a 15% effective tax rate by going on a media tour suggesting that Romney release his tax returns now, rather than in April. Christie’s appearances on NBC’s Today Show and MSNBC’s Morning Joe show a subtle escalation in Christie’s call for quick disclosure.

RELATED: Mitt Romney Cops To Tax Rate ‘Closer To 15%’ And ‘Not Very Much’ From Speaking Fees

Before I get to Christie, though, it’s worth noting that The Today Show led into its Christie interview by reporting on, among other things, Romney’s gaffe about his $347,362.27 in speaking fees, which he characterized as “not very much.”

This is significant, because it’s one thing for that tin-eared declaration to be broadcast to the ThinkProgress crowd, but quite another for it to reach Today‘s much wider audience. Romney is trying to win the nomination now, but that audience will be judging him in the general election in months to come.

There’s also a clip of Romney snippily responding to a question about his shifting Bain Capital job creation claims, wherein he tells a reporter “Four companies, 120,000 jobs. Very simple.”

RELATED: Washington Post Fact-Checker Upgrades Mitt Romney Jobs Claim To 3 ‘Pinocchios’

Host Matt Lauer started out by directly asking Gov. Christie if Romney should release his tax returns now. “You’re a full disclosure guy,” Lauer said. “You like it when politicians reveal their financial situations and tax returns. Is Mitt Romney missing the boat?”

Christie responded, “I don’t think he’s going to. I think he’ll release the taxes.”

He then started to sort of defend Romney’s decision not to release his tax returns until April, saying “The most relevant information is the most recent, April.”

Gov. Christie then volunteered, “My practice all along is I release my tax returns every year as soon as they are filed.”

Pressed by Lauer on whether Gov. Romney should wait until April, Christie said “He already started to speak yesterday, about the rate he pays. I would say if you have tax returns to put out, you know, you should put them out sooner rather than later because it’s always better in my view to have complete disclosure, especially as the front-runner.”

Here’s that clip, from NBC:


A few minutes later, though, Christie appeared on MSNBC’s Morning Joe, and urged Romney to release his tax returns now without even being asked about it. Panelist Bob Woodward asked about yesterday’s politically inconvenient, 99%-unfriendly revelation.

“What is your reaction to Governor Romney saying that he paid only 15% effective tax rate?” Woodward asked.

Governor Christie immediately launched into a call for Romney to release his tax returns now, a tangential response to Woodward’s question, at best. “First of all,” Christie said, “the way I’ve conducted myself all along, I’ve released all my tax returns, and I did it in the campaign, went back a number of years and I released them every year after I file them, right after I file them, to the public of New Jersey so they can see everything. (Romney) says he’s going to release them in April, I hope he does.

“In terms of the 15% effective rate,” Gov. Christie continued, “for people who know this, I don’t think it comes as any great shock because the guy hasn’t been having a job where he’s been getting income over the last number of years. And so he’s been getting money from investment income, which is taxed at a different rate. The fact is, let’s get all the facts out there, see what the tax returns say, and I think everybody will know the story is probably much ado about nothing.”

Gov. Christie is known for his outspokenness, but it’s hard to believe that he’s just off the reservation here. Christie’s framing of this issue might be an indication that Romney does plan to move up his timetable. Alternately, the New Jersey Governor’s application of pressure, if not calculated, will certainly make it difficult for Gov. Romney to wait until April.

Here’s the Morning Joe clip, from MSNBC:


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  • Gloves Michael Donahue

    It came out today that Romney have given his church $4 million in the last five years.

    But somehow, the left will find fault with that and pick over this successful man’s tax returns like vultures. Mormon bashing will run rampant among the more stupid of his critics.

    Romney was and is a success. You want a failure running the country?

  • Anonymous

    This guy is definitely not on message or needs to adapt to nation wide campaign (by sticking to the message). Mitt does not want to release it, get it? 

  • Anonymous

    I agree 100%.  Release your tax returns….don’t act like an Obama.  And at the same time…Obama should release his college records.

  • Anonymous

    Are you a paid staffer for his campaign? Seriously am starting to feel embarrassed for you. 

  • Anonymous

    my friend’s sister makes $81/hr on the laptop. She has been without a job for 9 months but last month her check was $7555 just working on the laptop for a few hours. Read more on this site…CåŠhHÃ¥rd.¢õm

  • Anonymous

    ” You want a failure running the country?”

    It sounds to me like you probably voted to reelect George W. Bush, so for you to ask this question is pretty laughable.

  • Anonymous

    Wow, a political party is asking it’s presidential candidates to provide full, up-front disclosure of their entire backgrounds to ensure the vetting process is complete and accurate for the electorate.  What a novel concept that should be emulated…..

  • Anonymous

    How does tax returns relates to college result. It’s ridiculous. 

  • The Real Royal Emperor

    So, in the most self-serving fashion he releases or has released information on the money he gives which he can deduct, but he won’t release his tax returns. Apparently, because he pays a lower tax rate than our active troops in Afghanistan and our teachers in Alabama and our janitors in Chicago?  I think that’s not going to go over all that well. Rather proves Buffet is right, doesn’t it?

  • The Real Royal Emperor

    I doubt the campaign pays for such “services”. More likely, Little Andy Blightphart.

  • The Real Royal Emperor

    I bet your friend’s sister pays a higher tax rate than Willard. Probably more than your friend’s sister’s brother as well.

  • Gloves Michael Donahue

    You forgot to say firefighters and policemen.

    (Dem talking point guideline # 4)

  • Anonymous

    There is no doubt about it: Mitt Romney is the pure representative of the 1%. 

    He does not work and gets the yearly wage of a MainSt worker in one DAY if it is true what I heard and  I calculated right.
    When I immigrated to the USA somone told me, welcome to capitalism central. Yes, welcome to a country that blinds its people by boasting about being the land of the free. A groundless claim because one truth is not considered but valid. The rich rule over the poor and the borrower is servant to the lender, as Salomon says.

    So what went wrong? You cannot serve both, God and riches says the Bible.

    And in this respect the 99% of the USA are responsible as well. As long as they refuse to accept Christ as King of King, supreme lawgiver and head of all governments, they will not have a free society. Democracy is a smoke screen. It is ruled by the rich. Currently more than ever because of the huge national debt.

    Watch: German preacher’s thoughts on 2012 
    http://www.youtube.com/watch?v=gpLYq525SpM

  • http://gregingleright.weebly.com/ Greg

    His grade school finger paintings have also been hidden from view.  Was he a budding Dadaist critical of bourgeois capitalist society even as a child?  I think we know the answer.  Absence of evidence is not evidence of absence after all.  

  • RW

    Mitt Romney should release his income tax returns when he is closer to 1) the nomination and 2) April 15th.  Why should he release his personal financial information if he is not the nominee?

    As usual, the left is holding Romney to a higher standard than they hold their candidates.  At what point in  2008 did Barack Obama release his income tax returns? 

    I say – not a day sooner than Obama’s release date.

  • Anonymous

    Newsflash- its the law (in addition to economy-stimulating strategy) to have capital gains from investments taxed at only 15%.  If most of Romney’s income was from investments, he has nothing to apologize for for paying what he is supposed to (unless we are expecting him, unlike the rest of us, to voluntarily pay more).  The fact that so many on the left don’t know this (or want to acknowledge it) or feel Romney should somehow be ashamed of his success/wealth basically summarizes why the first term failed with the economy and how ridiculous it is to expect them to lead us back to economic prosperity.

  • Anonymous

    Expecting the man who said that he was going to have the most transparent presidency in history to release the college records which he had sealed is ridicules?    If you are president or running for president your life should be an open book.  Tax returns…college records…etc. 

  • Anonymous

    You are more proof that the Obama zombies don’t want to deal with facts.  They will follow him regardless.  

  • Anonymous

    They are obviously racist!  lol

  • Anonymous

    You are probably factually correct but the last thing that I would ever do is follow Obama’s example.  Romney….and all of the other candidates should do what Obama is too cowardly to do.  

  • Anonymous

    Ahhhh, I see. That cheap. 

  • Anonymous

    374,000 is “not much money” according to Mitt Romney..  He really said that.. The average household in south Carolina is living off of a little less than 40,000 dollars a year.. Mittens makes 40,000 a speech..  I don’t care if you drive a ferrari or even have a fleet of ferraris… Just don’t walk down the street lighting your cigars with 100 dollar bills in my face and expect me to vote for you for President.. Who say’s 374,000 dollars is not very much money ,with a straight face, to the people of one of the poorest states in the country..He’s a dick plain and simple.. A weird dick at that..

  • Kevin Oyler

    The Democrats held a super majority the first two years of President Obama’s term. Can you tell me what they did exactly in that time period to change the current tax system so that it would be more fair to the American people?

  • RW

    I wish they had only vetted Barack Obama in 2008.

  • http://www.facebook.com/profile.php?id=1572984371 Cindy Nowicki

    And, you sir, I am sure, voted for Obama!…..

    The “Failure-in-Chief!!”

  • Anonymous

    Touché!

  • JustAsking2012

    Why would you assume that? Does that mean that people who mention left-friendly stories, are paid by the left?

    Are you paid?

  • http://gregingleright.weebly.com/ Greg

    Typical republican vampire… sucking the fun out of the conversation.

  • Anonymous

    Soon the only way to photograph Christie will be in panorama setting, he is growing wider by the day!  and Mitt Romney is a dick, an arrogant and clueless moron.  He  gives $4 million to his church because he has to, you cannot be a Mormon and not tithe! 

  • Hugo Daun

    Everybody’s college records are confidential (“sealed”), dummy.

  • Anonymous

    I want a job that pays “not much” you know $347,000 or so. He also said it’s simple 4 companies 120,000 jobs. Bet it’s not simple to them. Moron bashing is always IN. We never hear anyone bashing Obama’s family, kids , wife or mother in-law.

  • Anonymous

    Cindy do some research the Dow is up over the last 3 yrs as is job growth and there is a feeling of optimism.But that is probably everyone is getting the feeling Obama ha s4 more yrs in the WH.

  • Anonymous

    The middle class tax cut was 1.

  • Anonymous

    He don’t want to embarass the Republicans.

  • Anonymous

    Because the key word GOP

  • Anonymous

    Jesus was a socialist!

  • Anonymous

    We found out W was an Alcoholic from his college

  • Anonymous

    You gotta pay for the right of others to have multiple wives! He does have one thing goin for him he is a mormon AND a moron!

  • Anonymous

    He misspoke plain and simple- he was probably thinking in terms of a percentage of his overall income.  The question that is really important- does the success he had with businesses and his personal finances translate to helping the overall business economy?  I give him a lot better chance than the current admin that had no business experience and has already failed the first term. 

  • Anonymous

    And how many names does this guy post under? Every day it seems it’s a new middle name. Does he really get banned that often?

  • RW

    Why isn’t the Mediate commenting policy enforced when ceeza and cnick refer to Mitt Romney and Chris Christie as a ‘d|ck’?

  • Anonymous

    So what – he’s rich.  We would all like to have his money!!

    Christie knows more than I do about the importance of Romney showing his tax returns, but I still say, If he does show them – the election turns into his returns – and not the issues.. 

    I say wait until April.  But my opinion really doesn’t matter in this high wheeling election process.

    Romney needs to tell everyone in that audience tomorrow night that most retired folks, living off of investments pay the 15%.  This is nothing new or scandalous. 

    And then he needs to thank Newt and the members of Congress past and future for giving him – and the rest of the country – that benefit.

    Romney did not make the law – he abides by it.  Just as we all do.

  • Anonymous

    Hence the new found absence of every bit of santorum!

  • Anonymous

    Yes! I am honored to be the first to call Gov. McCheese a (very large) RINO.

  • Anonymous

    Yes, with facts

  • Anonymous

    Good God……..He can authorize them to be released!   That’s the point.  He won’t do it!  I had to provide my college records for my job and my job title is way below that of the president…..but guess what…I had to make them available or I wouldn’t be considered for the job    Dummy!

  • http://gregingleright.weebly.com/ Greg

    And what were those “facts” exactly?

  • Anonymous

    the repubs claim obama doesn’t understand business, and just understands raising taxes and holding back business with regulations. business earnings as a percentage of gdp is the highest since 1929(cbo) and business taxes as a percentage of gdp is the lowest since 1929(cbo). sounds like a bad business environment doesn’t it!

  • Anonymous

    Romney’s downfall is that he can’t seem to find the truth.  He does everything he can to lie by taking statements of others out of context and delivering just plain lies. He says the president doesn’t have a JOBS plan – has he not been following any of the president’s speeches?
    The real question is “how much money does he have in the Cayman Islands” and why does he consider $364,000 just a “little” bit of money that he earned as speaker fees.  It seems this guy doesn’t really know how to “work”.  I guess I would have to ask his wife because maybe he has worked up a sweat during sex, but I doubt he has worked up a sweat working at any time in his life.  His understanding what constitutes “work” isn’t there.

  • Hout Bosques

    “the former Massachusetts Governor’s revelation that he pays about a 15% effective tax rate”
    Tommy, Tommy, Tommy: this is a Republican you’re writing about here, & one of the most transparently awful liars they’ve ever dug up. Ask yourself, What does a tortuous admission coming from Willard Mittens Rmoney Pate de Fois Gras Avec Grey Poupon Thurston Howell III actually MEAN when he says “about 15% … I think so”. 

    For starters, it means his rate is LOWER than 15%. Then it means it’s actually effectively a LOT lower than 15%, when you take into account two factors: 1. His tax-deductible tithings to the Mormon Church (My guess is they’re not actually at the standard magic underwear 10% level, but instead just high enough to get maximum tax advantage from the deduction.), and 2. His having parked a freakin’ mountain of cash in non-reporting off-shores, like the Bahamas & Bermuda & the Turks & Caicos & such. 

    This is what’s GOING to happen: Mittens is going to release his 2012 Tax Return & ONLY his 2012 Tax Return – which will be a magical tale of wonder & bull shit, & STILL won’t get up to a 15% tax rate.  

    Next, some bright lights in the NY Times or the WaPo or Think Progress or the DNC or the Obama campaign is going to sit down with that 2012 Tax Return for Mittens and compare the thing, line by excrutiating line, to the candidate declaration Mittens had to make by law last year – whereupon she, he, they or ALL of them are going to find (Go to the 3:50 mark.):

    http://www.youtube.com/watch?v=W0D6DZuTPsA 

    i.e. that there’s something going on that just. don’t. add. up.

    And from that point Willard Mittens Rmoney Pate de Fois Gras Avec Grey Poupon Thurston Howell III, & his campaign, and Fuppet News, & a veritable communion of Wall Street banksters, & the combined forces of the LDS churche, & all that part of the Republican party that knows what’s what & runs the joint a.k.a. The Establishment is going to go into full Muhammed Ali mode – or as he false-footed prior to the Rumble in the Jungle (at the first 20 seconds):

     http://www.youtube.com/watch?v=N44vdCqI7LI

    Except – Ali DIDN’T dance, not for long; he went into rope-a-dope. But Mittens et al, they’re going to try to dance. And he & they are going to look like this:

    http://www.youtube.com/watch?v=5xi4O1yi6b0 

    Look at the augurs – look at the polls – the deeper Mittens turns into a Republican, the more we learn how thoroughly despicable he is 0 & the more the polls teach us just how thoroughly unlikeable he is. 

    (And on top of everything else, Mittens is going to draw out his personal finances through the entire time from the end of April through to the RNC, at least. It’s going to be like Chinese water self-torture: drip …. drip …. drip ….)

  • Anonymous

    The way the congress rules apply now, you can no longer even get a bill to the floor unless you have a SUPER MAJORITY of 60 yeah votes.
    So, what I am saying is that NO, the Democrats did NOT have the majority necessary to pass any tax cuts.

  • Anonymous

    College records have absolutely no impact on tax in our country – but knowing whether this guy cheated on his income tax will tell a lot.
    All you need to know about Barack Obama is that he graduated cum laude from Harvard.  If that in itself doesn’t tell you something about his grades, it is because you are uneducated and don’t know the meaning of cum laude.

  • Anonymous

    Let me be the first to call Mitt Romney’s tax returns RINOs.

  • The Real Royal Emperor

    But, you specifically said he sealed them. He didn’t. They were sealed without him doing anything. You need to get your stories consistent. This is just like a trial in which Willard Romney were the Defendant.

    Q: What were you doing Tuesday, 12 December at 21:00 Hours?

    A: I was driving to my aunt’s house?

    Q: Which aunt?

    A: Uncle Seasmus?

    Q: What were you driving?

    A: I took the train.

    Q: What time did you leave?

    A: I stayed home.

    Q: What were you doing?

    A: Watching television.

    Q: What were you watching?

    A: I was reading.

    Q: What were you reading?

    A: I was asleep.

    Q: When did you wake up?

    A: I never went to sleep.

    Do you see the problem?

  • Anonymous

  • 12voltman1

    You’re backing a Liberal?

  • 12voltman1

    4 more years. Get use to it.

  • 12voltman1

    a bleeding heart liberal as well.

  • Anonymous

    I hate to break it to you, pal, but no president has ever released their college records. Look into it. People think Bush’s may have leaked but aren’t sure, but no one  is expected to release them. What we do know is that Obama both ran Harvard’s Law Journal and went on to work as a Senior Lecturer (equivalent to a tenured prof) at University of Chicago (top 5 law school). You don’t get to do either of those things if you were a C or even B student in law school.  

    So suck it up and deal with the fact that (a) you demand more from Obama than you do from every GOP president ever for some reason and (b) every sign is there that he aced college. 

    Fox, Limbaugh and pals are seriously out to warp your view of the world. I say that without any love for MSNBC or the Dems in Congress. It’s a fact that many of the complaints you hear about Obama in the right-wing media are fabricated just to p*ss you off so you’ll vote for the GOP. They are lying to you. 

  • Anonymous

    That’s hot. What’s her number, kid? I’ll call her. 

  • Anonymous

    Just saw Christie on TV… in his case it must add at least 100 lbs.  That’s not healthy at all.

  • Anonymous

    got_a_grip - get_a_grip are you a spokesperson for Mit or the whole GOP?

  • Anonymous

    Because it’s the TRUTH

  • Hout Bosques

    I think that it was more like $374,000 – numbers reversed? Anyway, it’s chump change. Crikey, we pay the president of the joint $400,000; Willard Mittens Rmoney Pate de Fois Gras Avec Grey Poupon Thurston Howell III drops more than that on a shoe shine. Or, at fifty bucks a pop, he’s giving that out at the rate of almost 7,500 poor black women AN HOUR. Man’s a frickin’ Mormon saint, is what he is. 

    (Only one question, Mister Mittens – about your campaign spokesperson’s claim that you keep a few jajillion in accounts in the Caymans, but “no way” has that got anything to do with tax sheltering. So – WTF is it doing there, dude? Laps? Paragliding? Polo? Working on it’s TAN? You’re so loaded, you send your MONEY on vacation? But we’re all sure you have some perfectly good reason OTHER than tax avoidance … not that your trained seal raised it or anything, but yeah, sure, there’s some other reason … oh yeah.)

  • Anonymous

    I hope Christie don’t get a VP position at $18 a muffin we can’t afford to feed him. Heck at $.50 a muffin we can’t afford to feed him!

  • Hout Bosques

    If you happened to read the 2002 Boston Globe series on Mister Mittens’ career at Bain CC, you would have read first person reports that Mister Mittens is actually, uh, famous or notorious or what have you among the Bainiacs as one of those people who sweat, profusely, all the time – not like how we all have to perspire somewhat all the time or we start to die from heat exhaustion, but like … real gooey, slipperly, slidey, squishy sweat – sweaty palms, sweat like a hog brow, sweat drooling down the insides of the arms & careening down off the back of his Hong Kong tailored magic tighty whities, schweddy balls – the works. He’s even got a towel guy next to him whenever he’s on the grip an’ grin circuit, as much to wipe down his own tell-tale schweddy mitts as to rid himself of the taint of the unwashed. 

  • Hout Bosques

    More like a commie bastard. All that spouting off about loving thy neighbor & going sharesies on the fishes & loaves, running banksters out of the temples. Dressed like a hippy weirdo; probably didn’t shower regular either. Comes off like one of them Occupy types.

  • Hout Bosques

    Douché!

  • Hout Bosques

    Oh for Pete’s sake … Go ahead: who is “they” who ‘failed’ to ‘vet’ him in 2008? What big blockbuster of a revelation do you suggest would have changed the outcome? Come on: name one.

  • Hout Bosques

    My recollection is that Obama’s tax returns were released ANNUALLY every year he served in public office, & that we had the full set of those through 2007 before the Democratic party primary process even started.

  • Anonymous
  • Hout Bosques

    Aww, he’s big boned – like a baby hippo is big boned.

  • Anonymous

    I guess in the Mormon religion lying and cheating on taxes is excusable.

  • Anonymous
  • http://profile.yahoo.com/FP6KFF4U536O5J4VMZ622JELMI Cliff

    lol.  another opportunity for tommy christopher to post his daily rant against republicans under the guise of fairness and freedom of expression and protecting eugene robinson’s rights.  i’m surprised i didnt find a segment of this article where chris christie was called a black hating thug.

  • Anonymous

    I admire Christie, but Romney shouldn’t be coerced into acting before the traditional pace at which candidates. reveal tax returns. He’s not even the candidate yet, for crying out loud. This is buying into the screeching of the lefty/looney hate success crowd.

  • Anonymous

    Got some of them really good marrigajauna brownies, eh?

    ‘Cause, You are HIGH. 

    Optimism my azs. 

    Job growth, not quite-temporary (seasonal) hires. 

    Maybe its meth, and not pot. 

  • Anonymous

    Its not much in speaking fees…

    Start comparing apples to apples…Bill (I’m so rich, and don’t need a tax cut) Clinton made about-OMG, I forgot the total-82 Million over 6 years in speaking fees…

    No wonder he doesn’t want a tax cut, he really doesn’t have to work for his money, and there is probably some young thing in the podium ready to relieve him of his “pressure” while he speaks…

  • Anonymous

    We have a “failure” running the country now. 

  • Anonymous

    Right apples to apples. Bill admits with his amount of money he don’t need a tax cut. Where as Mit thinks 370 thousand isn’t much, and his tax rate is close to 15%, so it’s probably a little lower and wants to lower it! Oh yeh and Bill made that speaking money AFTER his terms.

  • Anonymous

    Moron job groth has been up for 25 months. Speaking of DOPE look in mirror!

  • Anonymous

    OK. $370 thousand a year might not be alot of money in speaking fees, for Mit (or anyone else for that matter)t-and I don’t know how many times he was paid, but he DID hold a job in the private sector for years; most people speaking to big crowds, get paid for it…

    And, you are right. Bill did earn that money after his two terms, and he flaunts it. He doesn’t respect that money, and I bet (because I have no facts on this particular matter) that he doesn’t give much to charity…I mean, I don’t think he’s ever held a real job-not like you, not like me…And $370 grand is certainly alot of money for a person that will never become a millionaire-and I’m talking me here. 

    Tax rates are different (lower) for Investments…I get that…The government wants you to invest money (like in muni’s, CD’s and bond’s)-that encourages growth in the economy…Plus, it should pay you in return. 

    Investments are generally made with cash that has already been taxed. 

    Then there is earned money, taxed at a higher rate, in general…While the tax is static throughout the year, its the rate of inflation and the cost of  energy (food and fuel-all types) that hurt the public at large…A business owner-on the books could have a record year for income, but, with inflation, and increased costs of petroleum (in virtually every facet of our society), that same business owner might just barely eke out a decent living for his family. 

  • Anonymous

    Speaking of moron…You haven’t noticed the pattern…

    Unemployment (that’s the opposite of growth) at 9% drops to 8.9% and the media goes WILD…Then, quiety, the numbers are revised right back up. 

    Hello!

  • Anonymous

    heres a pattern 25 straight months of job groth!

    Good Bye

  • Anonymous

    So please, please tell me why you would want to lower tax rates on the 1%?

  • Anonymous

    Don, I will tell you why I don’t want taxes raised on the 1%…Its just not fair.

    The top 1% makes an AGI of $343,927 a year…and pays a tax rate of about 37%…The top 1% paid about 37% of all taxes paid.

    My figures came from BankRate.com, after I went to the top 1% of wage earners on google;  (Kay Bell, Oct. 24th, 2011)

    Last year, my family was in the top 25%-$66-67 thousand dollar range for ’08-’09…

    I guess what concerns me most, is how little a person needed to make in those two years to qualify as the top 50% of wage earners…Its $32 grand in ’09, and 33 in ’08…the median income in Oregon is $35,000-median is not average, its smack dab in the middle. Half make more, Half make less.

    Only about the top half of wage earners in the US pay any taxes at all, and I know my tax rate for last year was well under 20%…So, tax rates are adjusted for income already…

    I would like to see a graduated tax bracket for all incomes filed within the US…A person won’t get back Medicare tax, nor Social Security tax, however, lots of people that don’t earn a lot do have FICA with drawn from their checks, only to get it back almost completely, or even more, due to the Earned Income Tax Credit…So, they get more money back than they paid in…That, my friend, is called Redistribution of wealth.

  • Anonymous

    Yes, and he’s so articulate.

    the 57 states of America

    the marine corpse (thats my fav.)

    and then Hawaii (apparently where Barack says he was born) is really Asia. 

    Yes, he is just soooooo smart…OMG, I think I’m going to faint!

  • Anonymous

    Thats still the lowest late in probably my lifetime

  • Anonymous

    You say its the lowest in your lifetime…but, do you really know what your effective tax rate is from year to year?

    In 2005, we paid an effective tax rate of 21.5% on $135,393. Now, we itemize, and because of numerous moves from city to city or to another state. We paid $22,000 in taxes that year.

     What I’m saying, is that, no matter how much a person or a family earns, or pays, there is so much withheld from those numbers going to the IRS, that a real value can never be placed on the sacrifice one makes for an income. 

    I remember the year that my husband and I made about 34 grand…Between the two of us, we worked 5 jobs, I went to school full time, and became pregnant. Not only did we not qualify for any government assistance, we paid for our child, and we went through the county…We owed about $1200 to the government. that was hard to pay, too. On top of the 4600 total hospital bill.

    I believe that it is in the best interest of each family to work as hard as they can, to achieve the financial rewards they want. 

    But, people won’t work if they can’t reap the rewards.

     

  • Anonymous

    I wanted to respond here again.

    You said, “I want a job that pays “not much” you know, $347,000″ a year.

    You can have a job like that. You might not be able to manage to earn that kind of money working for somebody else, but if you have skills, you could be an entrepreneur. Start your own business.

    Its not easy. If it was, its not work. 

    The class warfare thing, though…There isn’t any sense in that. Don’t envy. It hurts you most of all. 

  • Anonymous

    It’s not class warefare those who have the most to gain should pay the higher price! If we were to be turned communist say who would hurt more when companies were turned over to the Government? the company owners.

  • Anonymous

    Lets put it this way. If a guy making $1 million a year is given $5k and a person making $30k is given $5k who is going to live different? Thats the part of the job of our Gov. to make sure the money stays in the hands of those who need it most. Not to put it in the hands of those who throw it on the pile with the rest of thier money!

  • Anonymous

    “Those who have the most to gain should pay the higher price.”  They do. 

    They pay when they earn, and they pay when they invest…

    EX: Take a $40,000/yr full time Winco employee who gets time and half on holidays, vs the $185,000/yr store manager who is salaried.

    The store manager already is taxed at a higher rate than the F/T employee. Employee works 40 hrs/wk and is done; Store MGR puts in 52-65 hrs/week in the store…Salaried…When you are salaried, you could put in 80 or 90 hours a week, go for WEEKS w/o a day off, PLUS, as the MGR, you are responsible for making sure your 300 employees are doing their jobs, not stealing from the store-which includes time; also, making sure freight is put up in timely manner, and stored in an orderly fashion…Not to mention, the biggie: Hitting YOUR projections on the P and L. 

    Not everyone has the capacity to Manage. That’s why managers are paid more…More responsibility, More time put in into the business at the store and at home, More sacrifice.

    And, finally, to answer your last assertion about turning communist: If the government took over American companies, and it could happen-maybe, doubtful, but maybe-yes, the company owners would lose (but what you don’t realize is that well established companies have been paying off for a long time, and lots of that money invested in capital growth investments, while at the same time re-investing in the business)…And so would every shareholder…

    Frankly, the government can’t run a business…Read or Watch Atlas Shrugged by Ayn Rand. 

  • Anonymous

    The person making 1 Million will use the 5K to a)pay off a debt, or part of a loan, or invest in something.

    The person making $30 grand, will use the 5K to pay off some debts, or a bill, maybe buy something else, but most likely won’t invest the money.Probably will go out to a nice dinner, and stock up on groceries, and maybe purchase some new clothing and shoes…It really depends on how financially “together” that person is…

    If this was my cousin-she would be able to invest the money, because she is pretty frugal, sticks to a budget, and saves for her vacations and emergencies. 

    Me…I would have pay bills, stock up on food for the family, food for the horses and livestock, emergency stuff. That money wouldn’t last a week. 

    $5 grand is not “chump change” to either person. 

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