The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Political Asylum

URL:  http://boards.fool.com/we-view-obama-this-way-you-have-to-be-evil-to-30296079.aspx

Subject:  Re: Lest he have contact with reality... Date:  10/2/2012  6:50 PM
Author:  1poorguy Number:  1820293 of 1960849

We view Obama this way, you have to be evil to want to make people dependant on government as Obama is trying to do.

That's a strawman. Obama is doing no such thing. None of his actions have fostered dependency.

Here's a breakdown of the 47%. It's really a very tricky number because many/most of those folks DO pay taxes of one sort or another (including payroll taxes).

http://www.guardian.co.uk/world/2012/sep/18/romneys-47-perce...

http://articles.latimes.com/2012/sep/19/business/la-fi-hiltz...

There are more google hits if you're really interested.

This is the key point:

The key number he cited is that 47% of Americans "pay no income tax." The statistic is true as far as it goes, but it doesn't come close to reaching the finish line. In fact, its shock value derives from the legerdemain of focusing solely on the federal income tax. This misleads Romney and his audience into thinking that the group in question is mostly people on a lifelong dole.

The truth is that the vast majority are people who are working or who have worked in the past. Their ranks include millions of Americans who are now retired, living on Social Security and Medicare benefits they paid for throughout their working lives. Many others are those who were booted into culverts by the economic crisis and are today struggling to get back on the road.

Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us