The Meet the Press episode on 9/23/2012 had some “Surrogates”, and not the type from the Bruce Willis movie, come on to the show. Some interesting points where brought up, and most of the discussion revolved around the idea of the 47% of Americans that do not pay income tax.
Now what is really strange about the 47% of Americans that do not pay federal income tax is that Harry Reid implied that Mitt Romney was part of that 47% of Americans. Of the class of 47% Americans that do not pay federal income tax, it was said that it contains Mitt Romney. But Mitt Romney’s tax returns show that he has paid federal income tax. So Mitt Romney is part of the 53% of Americans that pay federal income tax.
In the line of Mitt Romney and his federal income tax returns, Governor Deal Patrick has some talking points.
Gov. Deval Patrick: I understand people’s interest and curiosity about Mitt Romney’s tax returns. I think it was his dad that said that tax returns for presidential candidates should be produced way back many years. And I think he produced 20 year’s worth of tax returns and more when he was being considered for vice president. But the more I think important issue is what is it he plans to do with my taxes and yours and everybody else’s. He has a tax plan out there where he’s talking about $5 trillion in tax cuts, adding to the deficit. No way to pay for that and no idea about how — what the impact is on the middle class.
Now, I have already talked about Mitt Romney’s tax returns. So I will not deal too much with what Patrick says on the issue of tax returns. What I will bring up is how people consistently go back to Mitt Romney’s father releasing his tax returns. Mitt Romney is his father’s son, and yet somehow people think that what Mitt Romney’s father did means that Romney must do it as well. If Mitt Romney’s father killed a kitten does that mean that Mitt Romney must kill a kitten as well? Mitt Romney’s father did set the precedent of releasing more than 2 years worth of federal income tax returns, likewise Mitt Romney’s father did set the precedent in killing a kitten. So Mitt Romney ought to kill a kitten like he ought to release more than two years of tax returns, all because his father set the precedent by doing these things. Ridiculous type of argument by using precedent, especially when these precedents are not necessary tests to hold the office of Executive of the United States of America. This even holds in cases where people who were not Mitt Romney’s father releasing more than 2 years of federal income tax returns or releasing federal income tax returns at all. Precedent of no gay black woman being President, or candidate for President, means that a gay black woman should not be elected because they do not meet precedent set by previous candidates.
Deval Patrick does make a good point about what does the Candidate for Executive of the United States of America plan to do with your tax dollars, or all American’s tax dollars. But Deval Patrick is wrong that taking in less taxes, i.e. taking less money from individual Americans, does not mean that they you will have a deficit. There will only be a deficit if the government spends more than it takes in. Having 5 trillion less in revenue from income tax does not mean you will have 5 trillion in deficit. You will only have 5 trillion in deficit if you spend that money when you do not have it. You will only have 5 trillion in debt if you spend the money when you do not have it. So Romney would have to spend more money than is obtained by income tax.
Now one obvious impact on all Americans in 5 trillion less revenue taking in federal income tax is that Americans will keep more of their money to use as they desire, especially middle class Americans. They will be able to keep more of their money instead of having the federal government taking more of their money. But it would, supposedly, mean that there is less money for the federal government to use to run federal programs. This means that some federal programs would have to be scaled back in order for Americans to keep more of their money, unless one wants to increase the national debt. So Romney would have to cut back on some federal programs in proportion to the loss of federal revenue.
Now what would Romney use the federal income tax money on? He would have to use it on what the Constitution says that the President must do. If the Constitution said that there must be 25 aircraft carries in the Naval fleet, then Romney would have to use that income tax money to make sure that there are 25 aircraft carries in the Naval fleet, and have to make sure that those 25 aircraft carries can necessarily do what they are suppose to do.
But let us go to this 47% of Americans are “dependent on the federal government”. This main point is based on something. It is based on that 47% of Americans do not give up money in income tax, which means the tax person (or IRS person) is not coming to get your money from you by April 15th. Instead, 53% of Americans will have to give up money to the tax man while 47% do not have to give up the money. But the money that the 53% gave up to the tax man is given to the 47% Americans, while the tax man takes a cut in making that transaction of money from one party to another party. What needs to be realized 47% of Americans make money at the end of the year while 53% of Americans lose money at the end of the year. What makes this interesting is that a large number of people are not paying into the system while another group is paying into the system, and those that are not paying into the system receive money from those who are paying into the system. You do all the work, if you are part of the 53%, while another person, if part of the 47%, gets all the reward of your work. This is equality, this is redistribution. Giving from the haves to the have nots.
How about, like Gregory David brought up in the debate between George Allen and Tim Kain in the Virgina Senatorial debate, everyone pays federal income tax? This means that the 47% who do not pay federal income tax be forced to pay federal income tax, like those 53% of American’s who payed federal income tax. This way those 47% of Americans are paying into the system like 53% of Americans, and this will make all Americans equal in how the law is executed. One group of people do not have pay federal income tax while another group of people have to pay federal income tax, and now all groups of people will have to pay federal income tax. That way if you receive some of these governments entitlements, which are usually funded by federal income tax revenue, then you are getting what you payed for.
Take this example from Ezra Kelin, the hack “journalist”.
Compare Romney to a single mother of two who works fulltime at Wal-mart who takes the earned income tax credit and whose children get health insurance through medicaid. Romney says she’s not taking personality responsibility. He says he couldn’t get her to take personal responsibility if he tried, yet Romney is someone who doesn’t even have to take personal responsibility for earning money anymore. He’s beyond all of that, and he’s carried that belief into his policy proposals, his policy platform matches his comments. He won’t raise taxes on the rich but wants to cut medicaid by over $1 trillion in the next decade.
Working at Wal-mart meets you will have a personal income that is below the taxable amount. Say that the taxable income level is 25 dollars. If you make 24 dollars then you do not have to pay the income tax, but receive money from the federal government. If you make 25 dollars or over, you have to pay the income tax. Medicade is a program that is funded for by personal income tax, so this person at Wal-mart is not paying into Medicade like the person who pays the income tax does. This person would not be taking personal responsibility if that means paying for the program that you are taking advantage for. In other words, this person would be obtaining something that they did not pay for. But we all know that nothing is free, so who payed for it? The 53% payed for that program.
I really have no clue what the line about “yet Romney is someone who doesn’t even have to take personal responsibility for earning money anymore”. But what should be noticed is that the 53% will have to pay less of their money taken by the personal income tax, and so medicaid will have 1 trillion dollars less than it had a decade ago. This means that 53% of Americans will keep more of their money, and those 47% of Americans would receive less money, within the next decade if Romney were elected.