Mother Jones has recently released a series of videos of a $50,000 a plate dinner fundraiser for Romney at the home of an investment banker. One section of his speech was particularly notable:
His comments are incredibly offensive to the working poor. Most who make so little they pay little income tax do not want to be in that situation; it’s because they make so little money they don’t qualify for a higher tax bracker.
Futhermore, evidence has shown that these people DO pay taxes, notably payroll taxes (which is just another type of income tax). The irony is that the percentage of income these people pay in payroll taxes is still likely higher than the percentage Romney has paid in the last 10 years since he is able to take advantage of every tax shelter under the sun plus the low rate on capital gains.