Wednesday, September 19, 2012

The Romney Tapes

Now that everybody has heard Mittens pandering to his plutocrat friends and demeaning the memory of his father — who was a decent man — it hardly seems necessary to comment.  Well, when you get right down to it, my comments hardly ever seem necessary.  Nevertheless, comment I shall.

It should be no surprise that Mittens is, in his heart of hearts, an insufferable little twit.  Yes, it is true that that "the 47%" do not pay income taxes, albeit they pay a hell of a lot of other federal taxes.  Those who are employed (most of them) pay payroll taxes, which turn out to be a larger percentage of their incomes than than the combined income plus payroll taxes of a lot of top earners.  The cap on payroll taxes of roughly $110 thousand is unabashedly regressive — and if you figure in the "carried interest" advantages enjoyed by Romney and his fellow "lucky duckies," most of those low income workers pay a greater proportion of their income in federal taxes than the very rich.

Despite Romney's "doubling down" on his repulsive comments — essentially designed to capture the support of those who associate "the 47%" with the usual minorities — it's pretty clear that even the least involved are sickened by the Romney tapes.

Sorry, Mitt.  I'm pretty confident you won't surpass your father.  Tough shit.

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