Basic Perspective

After my post yesterday about CEO's. I thought it might be good to back everything up with a little perspective. As I stated yesterday, people BELIEVE it is the wealthy CEO's that are greedy and that the rest of us are being bled to feed their need. REALITY CHECK!!!!!

Exhibit A
Mitt Romney's 2011 Taxes

Adjusted Gross Income: $13,696,951
Charitable Giving:          $  2,250,772
Total Federal Taxes:       $  1,935,708 (That's Million with an M)

So his his percentages paid in taxes were 14%
His percentage paid in Charitable donations were 16%


Now lets compare that to the average American family who make up the (give or take) 50% who are not super rich and also pay taxes.

Average Income:                  $45.000
Average Taxes Paid:            $5,060
Average Charitable Giving: $900

Average Percent Paid to federal taxes: 11%
Average percent of charitable donations: 2%

Romney has an income of roughly 304 times that of an average American, yet he is taxes at 382 times what the average American pays in taxes. Not to mention he gave roughly 2,500 times what the average American gives to charity.
If Romney paid .5% he would have paid $68,484 in taxes which compared is still 13 TIMES what an average American pays.

Are you getting the picture. the percentage doesn't matter, the number behind it does. If you do not understand percentages well enough to know that 1% for me is nowhere near 1% for Romney than shut your mouth.

SO you must be asking yourself, "Ok Joe, if Romney's is not the problem than who or what is?" I am glad you asked that fake voice in my head that mimics every liberal conversation i have ever had ever.

Time for the perspective

Get it?

On the scale that our federal gov. spends, Mitt Romney, with all of his wealth and taxes are all but a spec in the register.

The federal government spends about $6,750,00 a MINUTE!!!!! or even worse sounding $112,500 a SECOND!!!!!!!!!!!!!!!!!!

That means Romney's taxes would cover about 3 seconds of one day.

If they took everything Romney made it would cover about 2.03 minutes of one day. However since you took everything from him, you wouldn't get any taxes out of him next year.

Conservatives have been on the brink of going crazy trying to explain to the close minded liberals that there simply are not enough people in this country who pay taxes to cover these costs. NO MATTER WHAT THE RATE IS!!!!

We have said it a thousand times before and I am going to say it again.

We do not ahve a tax problem, or a percentage problem, hell we dont even have a loophole problem*, as much as we have a spending problem.




*I am against most if not all subsidies and corporate loopholes, I am in favor of a flat tax, I just recognize that the crack in the damn should not be fixed before the gaping hole.