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Mitt Romney pays lower tax rate than i do
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[QUOTE]Originally posted by glassman: [QB] i want to repeat that i don't disrespect Mitt Romney himself or even as a candidate for paying lower tax rates than i do. what has me angry is lawmakers have screwed up our system so bad and then they blame each other. Well both sides of blame game are correct. here's a perfect example. This article is from a local MS business journal: [b]Wednesday, January 25, 2012 -------------------------------------------------------------------------------- Cutting Subsidies Federal spending cuts should cut the bad while leaving the good By Becky Gillette Photography by Jay Adkins "Simply cutting the good with the bad will leave the Delta and its people even further behind," Delta Regional Authority Federal Co-Chairman Chris Masingill says. Congress is contemplating deep cuts in federal programs such as Medicare, agriculture subsidies, programs for flood control, and Pell Grants for college. If adopted, those cuts could have a particularly devastating impact in the Mississippi Delta—traditionally one of the most impoverished areas of the country. Delta Regional Authority Federal Co-Chairman Chris Masingill says while government should be more efficient and responsible, it is still important to invest in public infrastructure and workforce development. "Simply cutting the good with the bad will leave the Delta and its people even further behind," Masingill says. "We cannot let that happen. We must continue to work to drive smart public and private investment into our communities, helping grow our economy and create good-paying jobs." Mississippi receives a net benefit from federal spending, with the state receiving two to three times as much in federal funding as it pays in. "The IRS collects $3,721 per capita in Mississippi in individual and corporate income tax, which makes the state number 49th among states in the amount collected," says Dr. Marianne Hill, senior economist for the Institutions of Higher Learning. "Federal expenditures are $10,481 per capita, making the state rank number seventh in the amount of federal spending received." [/b] if you look around the US? you will find that RED states over and over are very similar to MS. Yes we are one of the worst, but when you get into Blue states? you get a reversal. The creepiest part of it is that living here? I don't see much good being done. I just drove 250 miles across the state and saw poverty for most of the drive. That's because the state is now mostly owned by Syngenta, Bayer Crops, Monsanto, you get the picture? They'll own more as these subsides are cut too, even tho commodity prices are skyrocketing. [/QB][/QUOTE]
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