Friday, September 21 2012 4:16 PM EDT2012-09-21 20:16:38 GMT
WASHINGTON (AP) -- Mitt Romney and his wife, Ann, paid $1.94 million in federal taxes on last year's income of $13.7 million, for an effective tax rate of 14.1 percent, his campaign said Friday. That's
WASHINGTON (AP) -- Mitt Romney and his wife, Ann, paid $1.94 million in federal taxes on last year's income of $13.7 million, for an effective tax rate of 14.1 percent, his campaign said Friday. That's
Off the Chain Opinion
(WKBK-DETROIT) For all his business experience and 8-years on the campaign trail, Romney still doesn't get the math.
Most every American I've ever met wishes to earn a living. But Romney says 47 percent of Americans don't pay income taxes, are dead beats who wouldn't vote for him anyhow. So he's writing them off.
That from the guy who wants to be president -- of all the United States one assumes. Well, Richie Rich has it wrong. While it is true that 47 percent of adult Americans don't pay federal income taxes -- 3 out of 5 in that group do pay social security taxes. That means they work but don't make enough to feed their kids. Know anybody like that Mitt? You must, I saw you cooking them pancakes.
So we give them a tax break. Even real conservatives like this idea because it encourages people to work instead of loaf on our dime.
Another 1 out of 5 of Romney's freeloaders are retirees collecting social security – a check they paid for when they were young.
That leaves the other 1 out of 5 who are students and people who used to work but now draw unemployment benefits. It also includes the chronically unemployed, the deadbeats and alcoholics who don't want to work. This group constitutes less than 2 percent of the population, according to the Center on Budget and Policy Priorities.
When I was a student, when I was laid off, I was part of the 47 percent. My retired mother is part of the 47 percent. My brother who just lost his job and doesn't draw a nickel in public assistance is part of the 47 percent. We're not welfare scammers. We've always worked. Or did and want to again.
Romney's statement is especially noxious considering the fact that he won't release all of his tax returns. He did release his 2011 returns Friday however, which revealed that he paid a federal tax rate of 14%. That's almost half what I paid. How can I get me some of that? You see, I'm taxed at a higher rate because I make my money by working and he makes his money by investing. That's a sweetheart deal the One Percenters paid for in Washington. And another thing, I keep my money right here in America, not in a secret Swiss vault.
So who else is a dead beat? According to the General Accounting Office, every year from 1998 to 2005 -- 55 percent of America's largest companies paid no corporate income tax – that's good for rich investors like Romney – but not the other 99 percent of us. Aren't corporations people Mitt?
Look, I wouldn't mind being rich and by many standards I suppose I am. I think the government in too many cases mishandles my money (see Ficano). I certainly wouldn't mind paying less taxes. But there is a difference between a crutch and a helping hand. If Romney is really willing to write off half the population, I don't think all the money in Boca Raton could build gates high enough to keep the rabble out.
Because the most dangerous man in the world is not the Have-not, but the Used-to-Have.
But what do I know? I grew up in Michigan.
Charlie LeDuff: Off The ChainCharlie LeDuff: Off The ChainMore>>
Friday, May 3 2013 6:10 PM EDT2013-05-03 22:10:10 GMT
LeDuff: Let me offer a short list of things acting Bob Mayor Warfield can accomplish in his few remaining days in office. Things that could cement his legacy as one of Detroit's greats.
LeDuff: Let me offer a short list of things acting Bob Mayor Warfield can accomplish in his few remaining days in office. Things that could cement his legacy as one of Detroit's greats.
Sunday, April 21 2013 9:33 AM EDT2013-04-21 13:33:35 GMT
Coverage of the Boston Marathon bombings has been equally breathless and embarrassing. Spot reports from media outlets who once prided themselves on accuracy and reliability have been little better than Twitter feeds.
Coverage of the Boston Marathon bombings has been equally breathless and embarrassing. Spot reports from media outlets who once prided themselves on accuracy and reliability have been little better than Twitter feeds.
Monday, April 15 2013 7:21 AM EDT2013-04-15 11:21:31 GMT
I went to the dentist Friday morning and got my tooth drilled. My head was numb from the Novocain. I needed a place to hide where nobody would notice. I found it: Detroit city hall!
I went to the dentist Friday morning and got my tooth drilled. My head was numb from the Novocain. I needed a place to hide where nobody would notice. I found it: Detroit city hall!
Friday, April 5 2013 8:43 PM EDT2013-04-06 00:43:42 GMT
Unknown to the citizens, the police officers and even the emergency manager himself, Interim Detroit Police Chief Chester Logan was quietly conferred full chieftain status.
Unknown to the citizens, the police officers and even the emergency manager himself, Interim Detroit Police Chief Chester Logan -- as he has been called for the past five months since Chief Ralph Godbee was bounced from office -- was quietly conferred full chieftain status.
Monday, April 1 2013 9:07 AM EDT2013-04-01 13:07:47 GMT
Emmett Moten owns the Hotel Fort Shelby in Detroit. He owes $170,000 in back property taxes. He has until Monday at 5 p.m. to pay a portion of the back taxes or face foreclosure.
Emmett Moten owns the Hotel Fort Shelby in Detroit. He owes $170,000 in back property taxes. He has until Monday at 5 p.m. to pay a portion of the back taxes or face foreclosure.
Monday, March 25 2013 9:52 AM EDT2013-03-25 13:52:46 GMT
Imagine Captain Edward Smith of the Titanic summoning his pursers to the wheelhouse after his ill-fated ship struck the iceberg. "Quickly gentlemen!" he shouts. "Rearrange the deck chairs. Perhaps no one will notice!"
Imagine Captain Edward Smith of the Titanic summoning his pursers to the wheelhouse after his ill-fated ship struck the iceberg. "Quickly gentlemen!" he shouts. "Rearrange the deck chairs. Perhaps no one will notice!"
Monday, March 18 2013 10:12 AM EDT2013-03-18 14:12:24 GMT
Many people are concerned about Belle Isle's future. The EFM is promising not to make any hasty decisions and to review the numbers first, but that could be a problem. There is no Belle Isle budget.
Now that Detroit has an emergency financial manager, a lot of people are concerned about the future of Belle Isle. Kevyn Orr is promising not to make any hasty decisions and to look over the numbers first, but that could be a problem. There is no Belle Isle budget.
Tuesday, March 12 2013 2:19 PM EDT2013-03-12 18:19:44 GMT
LeDuff: I don't know if an emergency manager can work in the city of Detroit. If anyone says different, they are lying. But I have to agree with one Detroiter's view, "Anything's better than what we've got right now."
LeDuff: I don't know if an emergency manager can work in the city of Detroit. If anyone says different, they are lying. But I have to agree with one Detroiter's view, "Anything's better than what we've got right now."