Math for Bachmanns

09/02/2012

 
At the recent Republican National Convention, congresswoman (and former presidential candidate) Michele Bachmann defended her former opponent against claims he was out-of-touch with the average American.

A USA Today reporter asked her, "(T)here are those who say, 'How can someone with that kind of vast wealth really connect with the American public, really understand what the plight of the American public is?'" 

Bachmann's response? "Well, President Obama is extremely wealthy. He and his wife have been wealthy for a number of years, and so I think that's really the issue." 

Go on - see it for yourself in the video below:
(posted on youtube Aug 28 by CallMeMayBe)
So, Bachmann says, Mitt Romney is the preferred candidate because Obama has too much money? 

Of course, we could just compare their tax returns side-by-side, now couldn't we?  (You can use the "view in full screen" options, located in the bottom-right corner of each of the Scribd columns below.)
This just in for Michele Bachmann: $20,808,805 is greater than $844,585. TWENTY FIVE TIMES greater, in fact. 

And it's FOUR HUNDRED AND NINETY NINE times more than the average American income of $41,673.83, too. 

Now, call me strange, but I can't help but notice that Romney got none of the $20.8 million from actual work. That's right - his multi-millions didn't come from any job. They came from interest on his other money. From stock dividends. And from rental properties, too. 

So who is it exactly, Bachmann, that's out of touch with the average American household? Mitt Romney, that's who. 

As for Bachmann herself? She's out of touch with reality.


Let's not forget that Romney has yet to release all of his 2010 returns, either. Some takes on that are because he may have filed an Offshore Voluntary Disclosure Program document - a one-time opportunity for those who committed illegal tax evasion to come clean and pay up. If that's the case - admitting a felony - Romney wouldn't be able to appear on the ballots of some states. 

Also read:
Reich's regard for Romney-Ryan's Wreckonomics
Tax Hackers
McCain team's 200-page report on Romney
Occupy Charleston occupies local Bachmann event
Starve the unemployed, Bachmann says
Bachmann brings bad weather - and bad bus drivers - to South Carolina




 
 
h/t to p_d!