Indecision 2012 - Tax and the Mitty

  • Aired:  01/18/12
  •  | Views: 39,145

Mitt Romney pays the same 15% tax rate as the guy who drives that f**king bus behind him. (4:22)

WE KNOW, MITT ROMNEY'S STRENGTH

IS HIS BRILLIANT,

DETAIL-ORIENTED BUSINESS MIND

>> ANYONE MAKING UNDER $200,000

A YEAR, WE'LL ELIMINATE ALL

TAXATION ON INTEREST DIVIDENDS

AND TAKE THE CORPORATE RATE FROM

35 TO 29.

THE PLAN I PUT TOGETHER IS 59

DIFFERENT ACTION STEPS.

>> Jon: 59 ACTION STEPS!

BECAUSE 60 WOULD BE LIKE HOW

MANY [BLEEPED] STEPS DO YOU

NEED?

AND 58 WOULD BE, WHERE'S YOUR

PLAN, MAN?

ALL THESE NUMBERS RIGHT AT THE

TOP OF HIS HEAD.

IT'S LIKE THERE'S NO QUESTION

ABOUT MONEY THAT CAN STUMP MITT

ROMNEY.

>> GOVERNOR, WILL YOU RELEASE

YOUR INCOME PLAN RECORD.

>> I HADN'T PLANNED ON RELEASING

TAX RECORDS.

THE LAW REQUIRES US TO RELEASE

ALL OF OUR ASSETS, IF THAT'S

BEEN THE TRADITION, I'M NOT

OPPOSED TO DOING THAT.

TIME WILL TELL.

BUT I ANTICIPATE THAT MOST

LIKELY I'M GOING TO GET ASKED TO

DO THAT AROUND THE APRIL TIME

PERIOD AND I'LL KEEP THAT OPEN.

>> Jon:, I MEAN, YOU KNOW,

CERTAINLY I DON'T INTEND IN ANY

WAY TO BE HOLDING UP THE

PROCESS.

I CERTAINLY WOULD WHEN I'M ASKED

AND THE QUESTION -- OH, MY GOD,

BATMAN.

[LAUGHTER]

[CHEERING AND APPLAUSE]

ALL RIGHT.

SORRY.

JUST GIVE US THE BIG PICTURE.

WHAT PERCENTAGE OF YOUR INCOME

DO YOU PAY IN TAXES.

THE TOP RATE IS 39%.

MAN OF YOUR MEANS, YOUR

ACCOUNTANT IS PROBABLY HIGH

20s AND MAYBE 30%.

WHILE YOU'RE TELLING ME, I'LL

HAVE A SIP OF THIS HOT CUP OF

COINS.

>> IT'S CLOSER TO THE 15% RATE

THAN ANYTHING.

[LAUGHTER]

>> Jon: I THINK I PULLED A

TONGUE MUSCLE.

THAT'S NOT AN EASY SPIT TAKE.

SO MITT ROMNEY PAYS THE SAME TAX

RATE AS THE GUY WHO DRIVES THAT

[BLEEPED] BUS BEHIND HIM.

HOW'S ROMNEY PULL THAT OFF.

>> MY LAST TEN YEARS, I'VE... MY

INCOME COMES OVERWHELMINGLY FROM

INVESTMENTS MADE IN THE PAST

RATHER THAN ORDINARY INCOME OR

RATHER THAN EARNED ANNUAL

INCOME.

AND THEN I GET SPEAKERS FEES

FROM TIME TO TIME, BUT NOT VERY

MUCH.

>> Jon: [LAUGHING]

OF COURSE NOT, WHO WOULD PAY

MITT ROMNEY TO SPEAK.

EVEN WHEN HE PRACTICES SPEAKING

IN FRONT OF THE MIRROR, HIS

REFLECTION FALLS ASLEEP.

IT'S PROBABLY NOT VERY MUCH

MONEY.

>> ROMNEY EARNED NEARLY $275,000

IN SPEAKING FEES IN 2010.

[AUDIENCE REACTS]

[LAUGHTER]

[CHEERING AND APPLAUSE]

>> Jon: DON'T WORRY, THESE

WERE LICKED BY MARIO BATALI

BEFORE I PUT THEM IN MY MOUTH.

$375,000, THOUSAND, IN SPEAKING

FEES IN ONE 12-MONTH PERIOD.

MOST AMERICANS WOULD THINK THAT

IS A LOT OF MONEY.

I BET.

I WONDER HOW MUCH MONEY I'D BET.

>> 10,000 BUCKS.

A 10,000 DOLLAR BET.

>> Jon: WHO ARE YOU?

I WAS THINKING LIKE $20.

A HYUNDAI AT BEST.

YOU KNOW WHAT, MITT, YOU'RE A

RICH MAN.

WE ALL KNOW IT.

CUT THE CRAP.

>> THE GREAT MIDDLE CLASS, THE

80% TO 90% OF US.

>> I KNOW WHAT IT'S LIKE TO

WORRY WHETHER OR NOT YOU'LL GET

FIRED.

THERE WERE A COUPLE TIMES

WHETHER I WONDERED WHETHER I

WOULD GET A PINK SLIP.

I'M ALSO UNEMPLOYED.

[LAUGHTER]

>> Jon: THAT'S NOT YOU.

THIS IS YOU, FRONT AND CENTER IN

THE YEARBOOK PHOTO OF THAI BETA

JACKOFF AT DOUCHE UNIVERSITY.

YOU'RE VERY, VERY RICH.

STOP PRETENDING, STOP RUNNING

FROM IT.

AND JUST OWN IT.

JUST COME OUT OF YOUR OBSCENELY

LARGE MAHOGANY PANELED CLOSET.

AMERICA, I'VE GOT SOMETHING TO

TELL YOU.

I AM FLAMINGLY WEALTHY.

LETTING US SEE WHO YOU TRULY ARE

CAN BE SCARY.

BUT IT GETS BETTER.

WE'LL BE RIGHT BACK.

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