CNN POLL 75 of Financial Experts Say Romney Victory Would Impro

CNN POLL: 75% Of Financial Experts Say Romney Victory Would Imp...
http://www.breitbart.com/Big-Government/2012/07/14/CNN-POLL-75-...
CNN POLL: 75% OF FINANCIAL EXPERTS SAY ROMNEY VICTORY WOULD IMPROVE MARKETS
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by WYNTON HALL (/COLUMNISTS/WYNTON-HALL) 14 Jul 2012
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A recent CNNMoney survey (http://money.cnn.com /2012/07/11/investing/stocks-fiscal-cliff-election /index.htm?iid=Lead) found that 75% of money managers and investment strategists believe a Mitt Romney victory would lift U.S. markets. The survey also found that "many are also hoping for the GOP to gain control of both the House and the Senate."
Leading up to the November elections, 80 percent of those surveyed agreed that the stock market will remain volatile and possibly get worse. John Praveen, managing director and chief investment strategist for Prudential International Investments Advisers says investors are not sanguine about lawmakers' ability to keep America from driving off the fiscal cliff: "In case investors are not sufficiently convinced that policy makers and politicians are up to the task of handling the fiscal cliff in a reasonably effective manner, financial markets are likely to again fall sharply, similar to the plunge around the debt ceiling debacle in 2011." Chase Investment Counsel President Peter Tuz was more direct: "At this point, I think markets would appreciate a clear Republican mandate. That provides the best chance for continued low tax rates. If investors see the likelihood of an Obama victory, coupled with Democrats retaining control of the Senate, they will
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1 of 12
7/16/2012 12:29 PM
react by taking advantage of the low tax rates that still exist, so a sell-off in markets would be a distinct possibility." The sputtering U.S. economic recovery, the European debt crisis, the slowing of growth in China, the need to cut government spending, and the looming expiration of the Bush tax cuts were cited as troubling economic signs for America's financial future.
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What a surprise a President who loves America would be better for the economy than a President who hates America.
A LIKE REPLY 1 hour ago 1 Like F
ANOTHERDAY
That must have really burned them up when the poll numbers came out.
A LIKE REPLY 1 hour ago 1 Like F
BOB SWEENEY
who are the 25% that think things will be better under Oblamer? I wouldn't want them investing for me
A LIKE REPLY 1 hour ago in reply to anotherday 1 Like F
ANDYD
If 75% of so called financial experts say a Romney win would improve financial markets why then would Wall Street still contribute huge sums of money to the Obama campaign ???????
A LIKE REPLY 2 hours ago F
BOB SWEENEY
They play both sides...not too hard to figure out

A LIKE REPLY 1 hour ago in reply to AndyD F
FGBOUMAN
If one looks at the utter incompetence of the banksters one would have to believe that this survey is a positive indicator for an Obama market and a negative one for a Romney market. Considering the doubling of the market under Obama, the former is more likely the case.
BATCOUNTRY
The possibility of four more years of uncharted fiscal direction with Obama or, a chance to pull this country out of decline. I know who I am voting for.
A LIKE REPLY 6 hours ago 4 Likes F
2 of 12
7/16/2012 12:29 PM
REAGANTEAPARTYCONSERVATIVE
CNN POLL: 75% OF FINANCIAL EXPERTS SAY ROMNEY VICTORY WOULD IMPROVE MARKETS Ok, let's get real and put this particular poll into the correct perspective and context. CNN POLL: 75% OF FINANCIAL EXPERTS SAY "A CAN OF ORANGE JUICE" VICTORY WOULD IMPROVE MARKETS The same would be said for a Newt, Santorum, Palin, O'Reilly, the Ringling Brothers Barnum Bailey Circus, etc, etc.. This is how bad Obama has destroyed the US Economy, not to mention our Energy supply, production, acquisition, exploration, etc, as well as the US Constitution, Individual Freedom, Liberty, Equal Justice under the Law of the US Constitution, the US Military, US Nuclear Deterrent- ie; America's Nuclear Warheads, Weapons and Delivery Systems, thus our US National Security, not to mention US International relations with our US Western Allies, and the list goes on and on and on.. So let's stop with the poll pandering BS..
FGBOUMAN
One rarely sees so many errors and falsehoods in a single sentence. Congratulations on that! Perhaps you are trying for the Guiness Book of Records?
A LIKE REPLY 3 hours ago in reply to ReaganTeaPartyConservative F
JAY JEFFERSON
The markets will do better....... for a matter of months at most before a national Romneycare kicks in. It's not a question at this point: Governor Gary Johnson is the only candidate running who's not Romney and not a commie.
FGBOUMAN
With supporters like you, Johnson doesn't need opponents. Get rational, guy!
A LIKE REPLY 3 hours ago in reply to Jay Jefferson 1 Like F
OUTTHEWINDOW
Want to lay blaim.. heres the chart of you screwed US.. there are 64D's and 35R's HMMM thats a two to one screw job.. whos got your back... http://uspolitics.about.com/od... Year Congress President Senate (100) House (435) 2009 111th D D - 55*** D - 256 2007 110th R D - 51** D 233 2005 109th R R - 55 R - 232 2003 108th R R - 51 R - 229 2001 107th R D* R - 221 1999 106th D R - 55 R 223 1997 105th D R - 55 R - 228 1995 104th D R - 52 R - 230 1993 103rd D D - 57 D - 258 1991 102nd R D 56 D - 267 1989 101st R D - 55 D - 260 1987 100th R D - 55 D - 258 1985 99th R R - 53 D - 253 1983 98th R R - 54 D - 269 1981 97th R R - 53 D - 242 1979 96th D D - 58 D - 277 1977 95th D D - 61 D - 292 1975 94th R D 60 D -291 1973 93rd R D - 56 D - 242 1971 92nd R D - 54 D - 255 1969 91st R D - 57 D - 243 1967 90th D D 64 D - 247 1965 89th D D - 68 D - 295 1963 88th D D - 66 D - 259 1961 87th D D - 64 D - 263 1959 86th R D 65 D -283 1957 85th R D - 49 D - 232 1955 84th R D - 48 D - 232 1953 83rd R R - 48 D - 221 1951 82nd D D 49 D - 235 1949 81st D D - 54 D - 263 1947 80th D R - 51 R - 246 1945 79th D D - 57 D - 242 Yellow years mark Presidential inauguration.
A LIKE REPLY 13 hours ago 1 Like F
THE_GREEN_DEVIL
The Dow's improved 33% since Obama took office. In 2011, the Fortune 500 recorded record profits, and they have record cash reserves. For the top 5%, incomes have increased almost 400% since 2001. And despite having gotten a $1 trillion tax break that we were told "job creators" needed to create jobs, job growth is stagnant, so obviously those tax breaks aren't doing anything in terms of job creation. Meanwhile, the bottom 95% of the country has gotten hosed the past 10 years.
GRUMPYANK
I can tell from this survey that the financial markets are really impressed with Obama's performance. But that doesn't mean you Obama propagandists can't keep trying.
3 of 12
7/16/2012 12:29 PM
6 hours ago A LIKE
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FGBOUMAN
Have a problem with facts, do you?

A LIKE REPLY 3 hours ago in reply to grumpyank F
THE_GREEN_DEVIL
But what about the numbers? Obama's being portrayed as being bad for business, yet business is recording record numbers. The real angle is that business wants all regulations removed so they can legally steal more money. The Kochs want the EPA disbanded so they don't have to spend so much money cleaning up their pollutants. Wall St wants the minimal regulations put in place after the crash of 2008 so that they can again be free to gamble and put the American taxpayer back on the hook when these gambles fail. So this isn't about improving the market. The market's doing just fine. This is about wanting to remove what pitiful protections for the American people remain and if they are, we're the ones who are going to suffer.
A LIKE REPLY 4 hours ago in reply to grumpyank F
BOB SWEENEY
You talk about the 'evil' Kochs but did you ever check out George Soros? He is a traitor to his own race and he helped the Nazi's during WW2, he has an agenda that's Un-American and will benefit him the most. He is the ultimate hypocrite
A LIKE REPLY 33 minutes ago in reply to The_Green_Devil F
BOB SWEENEY
The stock market is inflated with printed money from the Fed it's another bubble. Private business are hurting and not hiring, just drive around MOST towns and you will see all the business that have failed or are failing, consumer spending is tanking
A LIKE REPLY 1 hour ago in reply to The_Green_Devil 1 Like F
FGBOUMAN
Amen to that!
A LIKE REPLY 3 hours ago in reply to The_Green_Devil F
TXSOUTHERNGRACE
The DOW is being held up by the Fed so the bubble is false and very precarious.
A LIKE REPLY 12 hours ago in reply to The_Green_Devil 4 Likes F
THE_GREEN_DEVIL
No, the Dow is not being held up by the Fed. The Fed has nothing to do with the Dow. The bond market, yes, but not the stock market. But I do agree- the Dow is always false. More often than not, it's based on how investors feel about a business, rather than sound financial numbers. If we wanted truthful numbers, there would be a law that no stock could trade at a price that exceeds a 20/1 PE ratio. That should be the true measure of the economy- something based on concrete numbers, rather than on the whims of a bunch of greedy sociopaths.
A LIKE REPLY 4 hours ago in reply to txsoutherngrace F
FGBOUMAN
The 0% interest rate is a key support (as are quantitative easings) for the Dow because the lemmings in the financial sector think everyone else thinks that they are. Reality is beginning to intrude but won't have much effect until it has a lot.
A LIKE REPLY 3 hours ago in reply to The_Green_Devil 1 Like F
FGBOUMAN
Romney may well improve the stock market - but the stock market isn't the economy. If it were, our houses
4 of 12
7/16/2012 12:29 PM
would have recovered their values and unemployment would be down to three percent... Remember, under Obama, the stock market has nearly doubled... and frankly I don't see any way that Romney can top that performance, or even come close.
GRUMPYANK
So tell us, o wise one, how Obama is improving the economy. Try doing it without going to Media Matters for talking points.
A LIKE REPLY 6 hours ago in reply to fgbouman 3 Likes F
CRAIGPURCELL
Barry has gone easy on the Banksters - no time in the slammer for them... nor real reform like Glass Steagall reintroduced. Barry talks a good show but doesn't deliver. Mitt has car elevators and Dressage horses to which I can relate and I like the trim of his powerboats and jet skis.
A LIKE REPLY 9 hours ago in reply to fgbouman F
FGBOUMAN
One of his errors is going easy on the banksters, no doubt about that. But not only them, also all lying mortgage brokers who sweet talked financially illiterate people into taking out loans they could never pay back. The fact that Romney has built on his family wealth and connections and become very wealthy doesn't come close to Obama's progress from an absentee father, broken family, poverty, food stamps to becoming a multi-millionaire and president of the United States. To put it another way, Romney started on third base and made it to home plate. Obama wasn't even in the stadium or on the team and also made it to home plate. If you are in Romney's condition, by all means support him. If you haven't made it to at least third base by now, you are better off voting for someone who understands what it takes to get ahead in America.
A LIKE REPLY 2 hours ago in reply to craigpurcell F
10THGROUP
On Wednesday, November 7th, small business will begin hiring again. The sooner this economic dim wit, and his dim witted staff are gone the better off America will be.
FGBOUMAN
Exactly how will increasing our national debt (which is what Romney is proposing) by further reductions in the tax rate and increasing defense spending improve the situation?
A LIKE REPLY 2 hours ago in reply to 10thGroup F
PORKBEVR
Cut taxes, cut spending. It's a win-win. There are a few government departments that need eliminated too. Time to pull a few weaklings from the teat.
A LIKE REPLY 1 hour ago in reply to fgbouman 1 Like F
CRAIGPURCELL
I can't wait to be outsourced.

FGBOUMAN
Then vote for Mitt.

A LIKE REPLY 15 hours ago in reply to craigpurcell 1 Like F
GRUMPYANK
Or vote for the socialist dictator in the White House.

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7/16/2012 12:29 PM
CRAIGPURCELL
Will he give me Healthcare after I lose my job to India or China?

A LIKE REPLY 9 hours ago in reply to fgbouman F
BOB SWEENEY
Yeah but you or your fellow Americans will have to pay for it, there is no free lunch
A LIKE REPLY 1 hour ago in reply to craigpurcell F
ELKABONG
Markets responding positively to a pro-business president? Whoda thunk?

FGBOUMAN
In March 2009 the Dow was at 6620. Now it is over 12,000 and has broken 13,000. I guess that must mean that Obama is one heck of a pro-business president. You think Romeny can beat that record?
A LIKE REPLY 15 hours ago in reply to elkabong F
360MAN
We have a pro-business president now. Goldman-Sachs, Immelt, outsourcing, H1B visas, "Free Trade" suicide, etc.... Hows that working for you?
A LIKE REPLY 18 hours ago in reply to elkabong 1 Like F
BOB SWEENEY
We have crony capitalism, pay to play govt deciding who wins and who loses
A LIKE REPLY 1 hour ago in reply to 360man 1 Like F
FGBOUMAN
Exports to China on track for being 3 times of that during the Bush presidency. Stock market doubled in value. Taxes at their lowest in thirty years. Seventeen tax reductions for small businesses... All in all, I'd say that it is working pretty darned good. It would be working a whole lot better if the Republicans in Congress would help the economy rather than try to destroy it.
A LIKE REPLY 15 hours ago in reply to 360man F
TXSOUTHERNGRACE
Ask O and Harry why they're sitting on bills.

ELKABONG
We have a pro-business president now. If you honestly believe that, I'm not even gonna try to persuade you otherwise. Manipulating the market through gooberment controls and incentives is not pro-business.
A LIKE REPLY 17 hours ago in reply to 360man 4 Likes F
360MAN
OH YES IT IS. Has been for decades. Ironically, the ONLY PRO-GOVERNMENT thing that should happen....that is actually provided for in the Constitution.....that actually paid for government before we had the INCOME TAX it is TARIFFS. Yet in this Alice-in-Wonderland wacko world somehow business interests OPPOSE tariffs......because they have long ago sold out this country and Americans and import their garbage from overseas.
A LIKE REPLY 17 hours ago in reply to elkabong F
FGBOUMAN
Seems you read your history - that makes you an outlier here, and that's
6 of 12
7/16/2012 12:29 PM
great. However you must realize that tariffs are really a merchantilist anachronism and probably cause more harm than good.
A LIKE 15 hours ago in reply to 360man 1 Like F
JACK BEE
So let's make it happen.

A LIKE REPLY 20 hours ago in reply to elkabong 1 Like F
MIKE
well he!! I don't need CNN telling me the improvemnt would be IMMEDIATE ..a dam tree stump would be better than this chairman ocommie and clowns...no more dem-wits, I can't afford any more of thier "toucie..feelie" CRAP!!!!!!!
A LIKE REPLY 21 hours ago in reply to elkabong 10 Likes F
360MAN
These are the financial experts that destroyed our economy? These people have no idea what they are talking about. Most "markets" should be outlawed just as they are in other countries and HAVE been illegal for much of our history like credit default swaps..... --------------http://www.cbsnews.com/2100-18... As correspondent Steve Kroft first reported last fall, they are essentially side bets on the performance of the U.S. mortgage markets and some of the biggest financial institutions in the world - a form of legalized gambling that allows you to wager on financial outcomes without ever having to actually buy the stocks and bonds and mortgages. It would have been illegal during most of the 20th century under the gaming laws, but in 2000, Congress gave Wall Street an exemption and it has turned out to be a very bad idea.
JNBSTRAIGHT
Go figure, banksters want Romney to be President! With their current popularity the world over and the LIBOR investigation going on that's a real ringing endorsement! It never ceases to amaze me how the GOP convinces their working class voters that supporting the financial class is in their best interest. It must be because they're morons.
A LIKE REPLY 1 day ago 1 Like F
FGBOUMAN
It's one of the great mysteries of our time. Why in the world so many working-class white men want to help those who have kept them down is hard to fathom.
A LIKE REPLY 15 hours ago in reply to jnbstraight 2 Likes F
GRUMPYANK
The great mystery of history is how so many working men can believe the mythology of the socialists - particularly when we've had many examples of socialism failing and being abandoned. But Obama is living in the past. His supposed new ideas are the old ones that have failed. And the leftist trolls are equally uninformed, and will keep trying to bolster him up.
GRUMPYANK
Since Obama acts like a socialist dictator, I doubt many people in the markets would be glad with a victory by him.
MIKE
jnb...such a nice little comrade fello...but in the future to gain full indoctrination status..the "Race thingy"
7 of 12
7/16/2012 12:29 PM
...but nice try..dem-wit!!!!!!!!!!!!

BOB SWEENEY
Yeah, lets' hope Obama taxes,stimulates and regulates us into prosperity like he's done for the last 3 1/2 years.
ANNIE66
I'm kinda surprised CNN would conduct a poll like this, because there was no question that the responses would be heavily in favor of Romney.
A LIKE REPLY 1 day ago 9 Likes F
GRUMPYANK
Perhaps they're trying to re-establish themselves as legitimate news reporters. They can't recapture the leftist audience, which is probably watching MSNBC.
A LIKE REPLY 21 hours ago in reply to Annie66 4 Likes F
SOUTHERNLENS
I believe when Romney is elected, there will be the beginning of the greatest bull market in stocks ever seen. That is one reason among many I will be voting for him.
TXSOUTHERNGRACE
I agree ..... but we are going to have a strong correction first.

A LIKE REPLY 12 hours ago in reply to southernlens 1 Like F
KJINAZ
The other 25% are the Obama idiots who want to kill the markets. Will they succeed before the elections?
OREGONTEA
Leave it to a financial guy to tell us the obvious, too late and when prediction is as easy as falling off a log with your hands tied behind your back.
CROSSCUT
Even if you don't like Mitt the election is all about getting Obama out of the Oval Office. I'd vote for a sparkplug. If Mitt doesn't live up to expectations we can kick his butt out too in four years. Anybody but Obama.
360MAN
How many times are you going to be a fool? http://2.bp.blogspot.com/_oNfV...
A LIKE
REPLY
23 hours ago
in reply to Crosscut
MIKE
360 ..what's your point or just having a bath-salts moment??? cough it up comrade...declare
8 of 12
7/16/2012 12:29 PM
yourself to be an idiot and provide proof...

A LIKE REPLY 21 hours ago in reply to 360man 3 Likes F
GRAMERA
Do not need a poll to believe, if Obama the Liar wins the markets will crash. It would be instant collapse and straight into a Depression worse than 1929.
THE_GREEN_DEVIL
Maybe you could explain why, if Obama is so horrible for business, that the stock market has jumped from 9000 to almost 13000 these past 3 years Obama's been in office? Or maybe you'd like to take a stab at how, under this "socialist" anti-business president, the Fortune 500 recorded record profits in 2011 and have record cash reserves?
A LIKE REPLY 14 hours ago in reply to Gramera 1 Like F
CRAIGPURCELL
got a book deal?

A LIKE REPLY 2 hours ago in reply to The_Green_Devil F
PETEEE363
"A recent CNNMoney survey found that 75% of money managers and investment strategists believe a Mitt Romney victory would lift U.S. markets." the other 25% purchased their degree from the same place obama did!
SISQUINANAMOOK
I was going to post "the other 25% are his bundlers!"

A LIKE REPLY 1 day ago in reply to peteee363 11 Likes F
CRAIGPURCELL
The Casino is open for business!

A LIKE REPLY 2 hours ago in reply to Sisquinanamook F
RKMM
Since when did the democrats pen the word 'RICH', as a dirty word??? I have NEVER worked for a poor person!
DOUBLED75
We liberals have NO problem with being rich in fact we aspire to it but we understabd that low taxes on wealthy and corporations can't sutain our system. Reasonable taxation on wealthy and low taxation on the 50-60% at bottom is the only way to balance the flaws of pure capitalism which eventually leads to a very few people having most of the money and then things collapse because the masses have NO purchasing power. Money is like a pie, when they say the wealthy have the biggest share of the pie that leaves only crumbs for the rest of us. There is a finite amount of money and if you shift it all to a few the masses cannot create jobs by buying goods and services which create demand and then new jobs. Corporations now SIT on RECORD amounts of wealth because of low taxes and when things slowed down they simply downsized to retain their profits while many of us lost jobs, had benefits, 401k's, hours dwindle. The end result will be disastrous if we do not look back to the Great Depression. In the years leading up to it taxes were lower on wealthy than now and it caused this great shift of wealth we are seeing now. 1929 it all collapsed and FDR took office in Jan 1933 and raised taxes on wealthy from the mid 20's to over 90%. Unemployment was 25% and by 1941 it dropped to 9.66% as he created government jobs to build our great highway system, bridges, etc. The masses regained purchasing power and the economy grew. It was not until after 1980 that the tax rates dropped dramatically for wealthy and the great wealth shift began anew thanks to the Trickle Down Voodoo (Bush Senior's words)economics of the B rate actor Reagan and GW's follow up reductions. These two Presidents caused the debt to skyrocket with military spending and greatly reduced revenues while creating a MUCH larger gap between the rich and the rest of us. This is simple math not socialism. Get a clue people. Clinton raised rates up modestly on wealthy and balanced the budget. Do any of you people study history and the graphs that show the effects of all these ideological insane actions.
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7/16/2012 12:29 PM
A LIKE
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15 hours ago
in reply to rkmm
GREATNESSLOSTISLEGEND
Nice Liberal account of history. Facts please: FDR's polices CREATED the Great Depression. First it was a banking collapse caused by FDR in the first place. It was he, and others stopping the private sector from stopping a run on banks that led to 35 to 40% of the US money supply disappearing in Oct - Nov 1930. After Hoover, a progressive in his own right lifted tax rate on successful individuals and businesses from 25 to 60%, FDR took this to 90, and when that was not enough slapped an "unused profits tax" of 100%. It was curtailing investor return that stopped things cold. Who would invest a dollar for nothing fool. Unemployment peaked at 25% in 1930, it fell slowly to 16 in 1935, and rose again to 20% in 1936. Like today people dropped out of the workforce in droves. That 20% rate of 1936 would have registered at 25 if the workforce has remained the same proportion of population. FDR's polices for 8 years did nothing to alleviate the depression. At that point voters had enough and leftists who controlled policy were tossed. More favorable policies for business followed. Unemployment fell from 18% in January 1939 to 11% by Nov 1940. The unused profits tax was repealed, businesses were allowed to write off capital expenses in a manner that made sense. (FDR had stopped this). WWII stopped consumer spending cold war bonds siphoning surplus capital. At the end of the war pent up demand and a more pro business congress began to impact. This was followed by nearly doubling of family formation, much higher child birth rate, that in turn triggered a housing demand surge. Add to this introduction of consumer electronics. This happening while US foreign competition was basically bombed out of the game for nearly a decade. That my leftist friend is what ended the Great Depression. That "B" actor Reagan had an economics degree. The current man in office is reported not to have completed math 11. His degree is Government with a minor in Ethnic studies, (Basket weaving 401) Did you know these facts before going to your "charts" which are probably from some nonsensical leftist site, or university study? After Reagan some 23 million jobs appeared pulling the US out of a period of malaise worse than the recent crash. Like all Democrats when quoting Clinton's successful economy focus on income tax rate effectively lying by reason they avoid a larger drop of dividend and capital gains tax rate than the Bush cuts of 2003, and welfare reform which Obama undid last Friday. Budget outlook was also much improved by a large cut of defense spending. Democrats also lie about the gap between rich and poorer in the US between the election of Reagan and Bush leaving office. Fact is everyone's incomes increased, more people moved up than down. Fact is since Democrats took control of the House and Senate, then Obama taking the White House US medium household income has dropped by 11 points to 89 cents for every dollar they had in 2006. What policies created this situation? Community Re-Investment Act that created Pressure on banks (threat of IRS regulatory or outright removal of license) to loan to people with little or no credit. Democrat blocking of efforts by regulators to get on top of Fannie Mae and Freddie Mac. GAAP was thrown out the window on the altar of political need to buy votes by underwriting bad loans. This in turn led to leverage and credit default swaps we are all too familiar with. Bad players seeing an opportunity with the swaps knew too well they could cash in if they began to go after the default system. Mark to Market changes that forced banks to restate their bottom line daily was introduced by Schumer, Kerry, Dodd, Obama and other Democrats. In combination with removal of the Uptick Rule by Paulson and Geithner, this proved particularly useful for people like George Soros, and mid eastern sovereign wealth funds to manipulate the system and trigger the crash. Naked short sales hit 1600X the pace of 2007 at the peak when Lehman Brothers was destroyed. Notable Democrats in the House and Senate both blocked efforts by regulators to stop "dark market" manipulation in the first place. Bush piled on to this by not mentioning the danger in public despite constant warnings by financial experts of the impending danger. In other words Obama inherited not a Bush policy led crash, but a significantly Democrat one. My analysis places blame at 65 - 35% in favor of Democrats on this one. This is the biggest Obama lie of all, aided and abetted by a compliant media.
A LIKE REPLY 14 hours ago in reply to DoubleD75 10 Likes F
EDDIEXP3
Rich is not a Dirty Word, But Not Paying Your Fair Share of Taxes, and outsourcing American Jobs to other Country, make the word "Rich" Look bad in most American Eyes.
A LIKE REPLY 1 day ago in reply to rkmm 6 Likes F
GRUMPYANK
What's a fair share? Don't you think it's fair to have the people who pay no income tax now
10 of 12
7/16/2012 12:29 PM
pay something? The wealthier taxpayers are already taxed at a higher rate. And who provides most of the revenue? It's not the people at the lower end of the income scale. And finally, you don't speak for most Americans.
A LIKE REPLY 21 hours ago in reply to eddiexp3 10 Likes F
RIGHTUNITE
The only way to level the playing field is to have EVERYONE, and I mean EVERYONE PAY TAXES! I don't give a flying FRACK who the h*ll you are, we all need to pay taxes. That's part of the reason we're in this mess today. Not EVERYONE is paying their FAIR SHARE!
A LIKE REPLY 1 day ago in reply to eddiexp3 15 Likes F
JIM SNAPE
Start by eliminating the "tax loophole" that lets 50% pay nothing, and a certain percentage of those to get a refund, on top of paying nothing.
A LIKE REPLY 6 hours ago in reply to RightUnite 2 Likes F
KELTIC1
Neither Party really wants everyone to pay a fair share. Why don't the socialists ever want to socializes taxes? My guess is they would find it harder to divide folks & that interfers with that Lording over others thing.
SISQUINANAMOOK
You're right. The rich don't pay their fair share. They pay their fair share and the fair shares of the entire bottom half of the tax filers in the US. "In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income." What does the bottom 50% pay, you ask? You know, those people toiling away in the dust and the dirt to pay for what the rich refuse to? "The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent." Data for later years can be found here: http://ntu.org/tax-basics/who-... And as for offshoring (which Obama is not economically literate enough to know is different from outsourcing) how are those Fisker jobs in Finland paid for with our tax dollars doing? Or the jobs at a solar plant in Mexico? How Romney spent his own money is his business. How Obama spends tax money is our business. Those who criticize Romney for offshoring had better be prepared to criticize The One as a bigger offshorer by far.
MIKEMIN07
The top 20% already pay 94% of the taxes. How bout some frickin relief from the bottom up. We now have nearly 50% of the population on some kind of Goverment subsidy. The nation cannot withstand more taxes and intitlements. All anyone with half a brain has to to is look at France, Greece etc. They have been down this road already and it isn't pretty now.
ORANGEONE
Would never happen but let's go back to the country's formation. If you don't own land, no vote. If you don't pay taxes, no vote.
A LIKE REPLY 22 hours ago in reply to mikemin07 10 Likes F
MIKE
no Fed. ID Tax no. ....no vote...

A LIKE 21 hours ago in reply to Orangeone 7 Likes F
11 of 12
7/16/2012 12:29 PM
GRUMPYANK
The socialist argument is that people making the most money should pay for those who don't pay anything.
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7/16/2012 12:29 PM

CNN POLL 75 of Financial Experts Say Romney Victory Would Impro

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CNN POLL 75 of Financial Experts Say Romney Victory Would Impro

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CNN POLL: 75% Of Financial Experts Say Romney Victory Would Imp...

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They play both sides...not too hard to figure out

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Have a problem with facts, do you?

I can't wait to be outsourced.

Then vote for Mitt.

Or vote for the socialist dictator in the White House.

Will he give me Healthcare after I lose my job to India or China?

Markets responding positively to a pro-business president? Whoda thunk?

Ask O and Harry why they're sitting on bills.

So let's make it happen.

...but nice try..dem-wit!!!!!!!!!!!!

I agree ..... but we are going to have a strong correction first.

How many times are you going to be a fool? http://2.bp.blogspot.com/_oNfV...

yourself to be an idiot and provide proof...

got a book deal?

I was going to post "the other 25% are his bundlers!"

The Casino is open for business!

no Fed. ID Tax no. ....no vote...

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