Election 2012

Tax Inequality on the Romney/Ryan Ticket

Via Benen:

Paul Ryan's income in 2010: $215,417
Paul Ryan's effective tax rate in 2010: 15.9%

Mitt Romney's income in 2010: $20 million
Mitt Romney's effective tax rate in 2010: 13.9%

Mitt Romney paid 2% less in taxes while earning 100 times more money.

Paul Ryan should be pissed! But he's not. In fact, if he had his way, he'd reduce Romney's tax burden even more. You know, because Romney and other people in the 1% of the 1% are starving to death.

  • Victor_the_Crab

    Anagram of the year! :D

    • D_C_Wilson

      Victor wins the internets for the day.

  • zirgar

    It looks like they both belong to the Church of Mor(e)mon(ey).

  • JMAshby

    Ryan is a true believer.

    • Draxiar

      And doing everything to avoid paying taxes is patriotic and truly American…can’t forget that little brown squishy nuggest of ideaology.

      • Nefercat

        Unless you are a little person who eagerly bustles over to H&R Block to file and collect your 100% legal blessed by the IRS refund so you can catch up on the bills, or repair the car, or maybe just get the kids some new clothes. Then you are a “taker”, with “no skin in the game”, who doesn’t want “to pay your fair share”, and who “doesn’t contribute” because you don’t pay any (federal income) taxes.

        Makes no sense to me, but then, I’m just a peasant.

    • mrbrink

      I think socially, he’s more of a true believer, which is frightening when people like that start crafting national budgets and making appropriations. But when it comes to numbers, I think he’s more an outright lying sack of shit playing the role of a true believer. He made more sense when he was a frequent advocate of cause & effect Keynesianism than he does now pushing wingnut economics full-time. There was once a part of his brain that was a lot more wonky than this current incarnation. When they say he’s a wonk, they’re not talking about Ryan of today, they couldn’t be, probably because they purposefully buried the updated memo, but I think they’re referring to Ryan of 2002 who was arguing well for stimulus and extended unemployment benefits. He’s trying to fit round pegs into square holes, now, because that’s where the republican party is, and it must be challenging for him to have to dumb himself down in order to keep up the charade.

      Nothing that comes out of his mouth makes any sense anymore. His budget is a sick joke. His pitch to seniors should be considered fraud. Nothing adds up for him. The numbers and the explanations don’t fit reality and it doesn’t really seem to matter now that he’s protected by right wing billionaires. He was wonky when he was advocating Keynesianism because you have to be, but when you’re pushing right wing garbage math and rotten ideology you don’t have to be wonky anymore. You can see the struggle in his face sometimes trying not to get caught up in his own bullshit. He has a line to toe and being on the wrong side of it poses a challenge worthy of his intellect. He has to try to be willfully ignorant, where it comes naturally to most of his peers. He plays it like a game now. “He’s playing you,” America.

      He’s become a rented mouthpiece for the only place where the runt of the litter can feel like a somebody. It’s a mutually-beneficial arrangement.

      He knows. Ryan knows how Keynesianism works like a serial killer knows his victim, and that’s a big reason why he’s such a valuable asset to right wing sociopaths everywhere.

      I think he’s smart enough to know better, but his thoughts are not his own anymore.

      If he’s a true believer, he’s been brainwashed and any semblance of his old self has been spirited away in a ritual sacrifice.

      • JMAshby

        I think he’s a true believer in right-wing social engineering, as Newt called it. Why? Because he can craft it to benefit himself. He’s a ladder-climber. If he can engineer things that will artificially place him at the top of the social pyramid? Great.

        Consider his love of Ayn Rand and glorified selfishness as liberty.

        Romney? Not so much. Romney is all about the money. There isn’t a single true belief in Romney that doesn’t come with a dollar sign. Whatever will make his buddies, his church, and his family rich is great.