Runs 1 minute. This is the main clip, recorded secretly at the Boca Raton home of Marc Leder, CEO of hedge fund Sun Capital Partners.
Here are 2 good links on the subject:
Washington's tax break obsession is why 47% pay nothing
18,000 households earned at least $500k in 2011 and paid no income taxes
Romney quotes:
"There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. And the government should give it to them. And they will vote for this president no matter what. These are people who pay no income tax. My job is not to worry about those people. I'll never convince them they should take personal responsibility and care for their lives."
"My dad, as you probably, know was the governor of Michigan and was the head of a car company. But he was born in Mexico ... and, uh, had he been born of, uh, Mexican parents, I'd have a better shot at winning this. But he was unfortunately born to Americans living in Mexico. ... I mean I say that jokingly, but it would be helpful to be Latino."
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Longer version. Runs 3 minutes.
Approximately 46% of Americans owed no federal income tax in 2011, although many of them paid other forms of taxes. More than 16 million elderly Americans avoid income taxes solely because of tax breaks that apply only to the elderly, according to the nonpartisan Tax Policy Center.
18,000 households earned at least $500k in 2011 and paid no income taxes
Washington's tax break obsession is why 47% pay nothing
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Romney's clean-up press conference yesterday:
"It's not elegantly stated, let me put it that way. I was speaking off the cuff in response to a question. And I'm sure I could state it more clearly in a more effective way than I did in a setting like that," Romney said. "Of course I want to help all Americans. All Americans have a bright and prosperous future."
He continued: "It's a message which I am going to carry and continue to carry which is that the president's approach is attractive to people who are not paying taxes because frankly my discussion about lowering taxes isn't as attractive to them. Therefore I'm not likely to draw them into my campaign as effectively as those in the middle."