Thursday, February 9, 2012

Taking ADVANTAGE . . .

. . . of the system. . . 
(from Factcheck.org)
Gingrich goes too far to say Obama has put more on the rolls than other presidents. We asked the U.S. Department of Agriculture’s Food and Nutrition service for month-by-month figures going back to January 2001. And they show that under President George W. Bush the number of recipients rose by nearly 14.7 million. Nothing before comes close to that. And under Obama, the increase so far has been 14.2 million. To be exact, the program has so far grown by 444,574 fewer recipients during Obama’s time in office than during Bush’s.

(from Reuters)
Unlike Americans who rely on a paycheck, Romney earns most of his income from investment profits, dividends and interest. The returns for 2010 and estimates for 2011 showed that he will pay a total of $6.2 million in taxes on income of $42.5 million. Romney and his wife Ann paid an effective tax rate of 13.9 percent in 2010 and expect to pay a 15.4 percent effective tax rate when they file their returns for 2011. Those rates are far below the top income tax rate on wages, which is 35 percent, because the U.S. tax code in recent years has favored investment income over wage income.

Let's stop folks from FREELOADING on government programs.



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