I’m a Rick Santorum backer so this article actually bolsters my candidate. However, as conservatives we should not be sucked into this debate about who pays more as a percent of federal taxes. Romney’s money comes mostly from investment, therefore he’s not subject to the income tax rate that Rick is paying. Who cares???? Do we want to squeeze off investment in this country? I don’t. We want to spur investment and you do that by keeping the capital gains taxrate low. Let’s not get sucked into the lefts argument.
The only time this whole thing about taxes is relevant is if a candidate cheated on his/her taxes. If they played by the rules and paid their taxes, then that should be the end of the discussion.
Why should someone who works nine to five pay a higher tax rate than someone who earns his income via “investments”. In Romney’s a lot of his income is not from “investments” but from carried interest while at Bain which is treated as income from “investments” but Romney never risked one cent of his own money. How about the corporate income tax is eliminated and all personal income is treated the same.
I’m with you. These attacks from the left seem to be expanding into whole new areas and frankly need to stop lest we destroy ourselves.