Mitt Romney is a welfare queen. [Without] the tax-breaks given to interest payment, the private equity business model would never have been born. Those tax-breaks are nothing but a taxpayer subsidy, paid for by everybody else picking up the slack for Mitt Romney and his crony corporate raiders.
“
| — |
Mitt Romney, ‘welfare queen’ (via theamericanbear) In the USA, corporations can write interest payments off their income taxes, while they have to pay taxes on dividends they pay shareholders. So, shareholders collect almost nothing in dividends, while banks and private equity firms collect trillions of dollars in interest payments. Those interest payments are an alternative form of taxation, and people like Willard M. Romney are tax recipients, not taxpayers. |
-
bonewhiteglory liked this
-
raisha reblogged this from stfuconservatives
-
ilysespieces reblogged this from stfuconservatives
-
theycallmeicebox reblogged this from reagan-was-a-horrible-president
-
koalastick reblogged this from stfuconservatives
-
davincisbarber liked this
-
suzyshere liked this
-
jmek liked this
-
ajora liked this
-
reasonedoverreaction reblogged this from reagan-was-a-horrible-president
-
cdppb reblogged this from reagan-was-a-horrible-president
-
analemma reblogged this from stfuconservatives
-
kat-mara liked this
-
saltedknifegreasy liked this
-
saltedknifegreasy reblogged this from reagan-was-a-horrible-president
-
humboldtoctober reblogged this from stfuconservatives
-
dendroica liked this
-
ghdos reblogged this from reagan-was-a-horrible-president
-
arenaoftheunwell liked this
-
monagray liked this
-
kileyrae liked this
-
silkthimble reblogged this from reagan-was-a-horrible-president
-
rarity-is-best-pony liked this
-
rarity-is-best-pony reblogged this from reagan-was-a-horrible-president and added:
Yes yes yes yes yes.
-
reagan-was-a-horrible-president reblogged this from vinylsticker
-
whenindoubtapplymoreglitter liked this
-
jambos6 reblogged this from sp-a-m
-
vinylsticker reblogged this from stfuconservatives
-
brooklyn-marie reblogged this from stfuconservatives
-
carlbgood liked this
-
pacohoney reblogged this from cosmopolitan-fascist
-
returntoappalachia reblogged this from stfuconservatives
-
fralcon liked this
-
literaryliberal reblogged this from stfuconservatives
-
returntoappalachia liked this
-
beverleyshiller liked this
-
bluej25 liked this
-
bloodyrainbows reblogged this from stfuconservatives
-
pxltypops liked this
-
gisanonymous liked this
-
ailuruses liked this
-
beahbeah reblogged this from stfuconservatives
-
jungfrukallan liked this
-
bonedust liked this
-
ivangelion liked this
-
xerxes93 liked this
-
misterscarlet liked this
-
mance--rayder liked this
-
sans-nuage liked this
-
neongreen-light reblogged this from socialuprooting
- Show more notes
