The Christian Science Monitor reports on Mitt Romney’s tax returns and it paints an interesting picture of what it’s like to be unemployed in contemporary America:
Republican presidential candidate Mitt Romney paid about $3 million in federal income taxes in 2010, having earned more than seven times that — $21.7 million — from his investments and making him among the wealthiest of American taxpayers.
At the same time, Romney gave nearly $3 million to charity — about half of that amount to the Mormon Church — which helped lower his effective tax rate to a modest 14 percent, according to records his campaign released early Tuesday.
For 2011, he’ll pay about $3.2 million with an effective tax rate of about 15.4 percent, the campaign said.
I don’t think Romney has earned an actual paycheck since he left the governor’s corner office in Boston. He’s been a bum and a deadbeat since January 4, 2007. As for private sector work, other than some stuff he did for the Olympics (does that count?) he’s been a shiftless layabout since he left Bain Capital in 1999.
And, yet, he somehow manages to pocket in excess of $20 million a year for doing absolutely nothing productive. He’s just a parasite on society who goes around the country badmouthing people with actual jobs, like the president.
And the best part is that this freeloading loafer pays 15% on his “income” while hardworking people like Newt Gingrich pay 31%.
So, what does this idling shirker have to teach us about job creation? In Romney’s America, do we all get to sit around doing nothing while checks roll in? Who will be left to fix our cars or replace the seawater pump impeller on our yachts?
I kid, but really, not.
A few days ago a caller reminded Thom Hartmann that the IRS officially designates capital gains as “unearned income.”
That’s a useful political meme if ever there was one.
The man hasn’t done a day’s work in five years.
He’s hardly EVER done a day of work!! After all, would he have gotten to where he was at Bain so fast if he wasn’t George Romney’s kid(or the kid of any ex-CEO/Governor)? No!!
I think he started on third base and is also highly driven… so he worked hard, he just doesn’t understand his own advantages.
And doesn’t understand that most people don’t get to stop working in their mid-forties and enjoy themselves for the rest of their lives.
He worked hard for about 23 years. And that’s all the hard work he’ll put in in his entire life.
Booman, you just don’t understand. Romney may not be working, but his investments are working … for all of us. For you and you and you. They’re creating jobs. Jobs on Wall Street. Jobs in China. The fact that they destroy far more jobs than they create is just the Invisible Hand’s way of ensuring that American capitalism remains competitive.
I’ll grant that running for President is hard work, if not the kind that pays.
The thing is that Romney has no connection to the things most people worry about. Mortgage on a house, car purchase, student loans, medical expenses, retirement at a decent age. I think it’s all a foreign language to him.
Plenty of other rich men have run for Pres and acted like regular guys, but Romney doesn’t seem to be able to fake it.
where can I find a “job” like that?
I can laze around with the best of them.
This guys such a pimp he doesn’t even have to lift a finger to magically create prosperitah. Dude just leads a righteous family life of seadoos and resort suites and concierge service and the virtuous profit rolls in like the blessed sea. How can the base resist this guy?
More seriously, if Mitt is going to sew this up, he needs to get out there and compete in terms of resentment and self-victimization and yes even some spicy but coded eliminationism. Bring it or go home cuz papa newt is bringing it and sellin the shit out of it.
Ouch. That stings.
I’ll say! So will the other right leaning print media rush to follow suit, to distance themselves? With Rush waffling does this mean the talk show hosts will follow suit? Will Murdoch change his course for survival of Fox so that the Party can at least win something down ticket?
I swear Romney manages to botch even a good comeback line. It’s really hard to imagine the picture of the Romney who is loading up his kids and poor dog into the white trash stationwagon for a vacation having the wherewithall to be successful at growing Bain if they ever let him make any presentations.
It’s awful really, but thank you for bringing this to my attention.
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