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What is Romney's position on putting up a wall along the USA borders?

 

It doesn't matter. Romney will never get elected. He's only in the running because all the other GOP candidates are even worse than he is as a choice (excepting Ron Paul, but Ron is not liked by the conservative base due to his not toeing the 'party' line and being more than a bit of a radical within the GOP, and so is ignored pretty much).

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I find it odd that he is quite eloquent and uses all the 'big words' in his blog post/'hard hitting conservative commentary', yet is extremely ignorant sounding and can't string together a coherent sentence in response to his detractors in his comment replies.

Teleprompter turned off?

 

 

 

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Obama Family Tax Shelter,

First family transfers wealth, avoids taxes

 

 

 

President Obama and his wife, Michele, gave a total of $48,000 in tax-free gifts to their daughters, according to tax records made public on Friday.

 

The president and his wife separately gave each daughter a $12,000 gift under a section of the federal tax code that exempts such donations from federal taxes.

 

There is nothing illegal about the president’s taking advantage of this tax shelter, but it does raise eyebrows given that he has lamented the myriad tax exemptions used by the wealthy—“millionaires and billionaires†like himself—to pay less in taxes. He has yet to propose a comprehensive plan to reform the byzantine tax code.

 

The Obama’s tax return indicates that the gifts, likely for their daughter’s college educations, began in 2007, when the maximum exemptible amount was $24,000 per couple. The maximum exemption has since increased to $26,000 per couple.

 

The Obamas paid a total federal tax rate of 20.5 percent on a gross adjusted income $789,674, which would typically fall within the top federal rate of 35 percent. According to an analysis of the president’s tax return, he may have paid a lower rate than his secretary despite making more than eight times as much money as she did.

 

His most recent tax proposal—the so-called “Buffett Ruleâ€â€”would increase taxes on about 4,000 millionaires and raise about $4.7 billion in new revenue per year, enough to cover about 0.4 percent of the projected budget deficit in 2012. Though the rule would apparently not hit the president himself.

 

Supporters of the rule have acknowledged that the projected revenue from the “Buffett Rule,†which the Democratic-led Senate is expected to vote down, is “not even a meaningful small amount.â€

 

The Obama’s untaxed gift to their daughters will leave American taxpayers to subsidize the college education of the children of the multi-millionaire Obamas.

 

Warning! J2 do not open link!

 

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