Blogs > Frye on the News

Keeping his eye on the news and offering commentaries and insights on what is happening in Oakland County, around the world, on the tube and in the news.

Tuesday, January 24, 2012

Holy Tax Returns, Mitt Romney

Wow, $21 million a year without working.

That'll cure what ails this grand old country, but it may hurt the party. I know Newt vs. Obama would have provided for some good old fashioned sparks-a-flying debates, but I can't wait for Mitt vs. Barack and the president delving into the tax returns of the super rich.

How much is enough for someone who does not want to pay a dollar more in taxes than he has to? Where will the American people fall when it comes to this fight? I'm guessing Romney is not going to get too much sympathy from regular folks, considering NBC put his two year income (without working) at $43 million. Must be nice!


AFTER THE COMMENT:

Not sour grapes. I'm happy he's got enough money that his dividends and income from investments provides $20 million a year at least. Good for him. He didn't inherit his $150 to $250 million fortune. He earned it. I just wonder how this will affect his presidential run. Do Americans like the Super Rich enough to let them become president? Or do enough Americans not mind the pampered lifestyles of the super rich to vote them into the presidential office? I think these tax returns will keep Newt Gingrich in the race much longer than he deserves, based on his popular support.

1 Comments:

Anonymous Anonymous said...

Mr. Frye,

Please tell us why someone should pay more taxes than they have to. And please tell us why working hard and achieving the 'American Dream' as Mitt Romney has done is a problem for you.
It has recently been reported that about 40% of Mr. Romney's annual income is paid in taxes and given to charitable causes. Shouldn't anyone, no matter their income level, be 'allowed' to keep 60% of what they make without that being a problem? And finally, has Mr. Romney ever been accused of committing an illegal act or of any impropriety whatsoever to attain the economic security he has? Your comments sound like nothing more than sour grapes.

January 30, 2012 at 12:29 PM 

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