As the US election for president draws closer, dirtier the debates become. This does not only extend to President Barack Obama and Mitt Romney, but to the voters themselves. Since this election is so important to the United States, people who have not previously paid much attention to politics–myself included–have been roped into the huge battle for control. The battle has now been dragged into cyberspace.

Facebook has exploded with status and picture updates about the election and who individuals support, which creates tension among friends who are supporting different candidates. I know some of my friends are hardly talking to one another strictly because of fights they have had about politics.

My family and I have an agreement to not discuss politics because we support opposing candidates, and the fights would always turn ugly when the subject came up. However, the rest of the country is letting everyone know their position for the election; political conventions and rallies are happening left and right because everyone wants to get support for their candidate. In other elections, people were not as passionate about who they planned on voting for.

Sure, the election campaigns were aired on TV and everyone was subjected to the annoying phone calls sponsoring a candidate, but friends and families were not torn apart because of politics. Meanwhile, both candidates are trying to make themselves look as saintly as possible while simultaneously trying to make their opponent seem like the anti-Christ. The presidential debates have been the most public display of this goal. The debates have caused a huge stir with voters with trying to determine who “won” the debate.

Romney had better stage presence while Obama looked like he did not want to be there. Obama kept trying to play off of Bill Clinton and emphasizing how horrible George W. Bush was while not taking ownership of any of his own shortcomings. During Obama’s reign, the country’s deficit tripled and he added more debt than any other president combined.  But none of this is his fault, only Bush’s. Obama kept twisting Romney’s plan for taxes, which Romney defended and said that Obama was purposely misleading the public.

Romney continually challenged Obama, who never really defended himself fully. Since the debates, others have tried to make excuses as to why Obama did not seem to be present and involved. However, all the debates have done is created more of a gray area while the public decides which candidate is the biggest liar.

With the debates over, political commercials are always on TV. It has gotten to the point that I refuse to watch any TV until after the election craziness is over. Neither candidate is perfect, and it gets to be very depressing watching Romney have commercials saying how horrible President Obama is while Obama projects the opposite sentiment.

The election is a month away, and it is sure to get much worse before the ballots are collected and tallied. November is guaranteed to be a political bloodbath.   Image Courtesy of   new-york-city

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Mitt Romney has been, and continues to be, the candidate to beat for the Republican nomination. He has come under fire from every other nomination contender, as well as from the Obama campaign on the left. He is criticized for being “out of touch” with the middle class, as well as for shutting down companies and eliminating jobs under Bain Capital, the private equity firm which he used to run.

His fortune, which is somewhere between 190 million and 250 million, makes him one of the wealthiest men to run for office in recent times. He has described the amount that he made from speaking engagements as “Not very much.” This amount is revealed to be $374,327, an amount that, well into the six figures, is far higher than the income of the average American.

Criticized by opponents for not releasing his tax forms, Romney is beginning to succumb, admitting to paying somewhere near 15% in his taxes. This percentage means that most of Romney’s income is from investments, as opposed to from ordinary income, which is taxable by up to 35%.

This makes him one of the 200,000 millionaires who pay less in taxes than the average person who makes over 100,000 dollars a year. According to the Christian Science Monitor, if some of his Republican opponents had their way, Mr. Romney would be paying even less in taxes.

Coincidentally, Mitt Romney opposes the Buffett Rule, also known as the Millionaire’s Tax, which would increase the minimum tax rate paid by millionaires, ensuring that they pay at least the same percentage that middle class income families do. According to the New York Times, any time he is asked about taxes being raised on the wealthy, Romney deflects the question, insisting that the size of our government must be shrunk.

The bigger issue may be that the IRS values investments more than it does ordinary income. Regardless, the current tax rates make it so that those who make many times over the average income, such as Mr. Romney,  have to pay a much lower percentage in taxes than a middle class family.

Furthermore, Mr. Romney negotiated a retirement deal with Bain Capital that provides him with a substantial share every year. This will be even more income that will not fall under ordinary income, and so therefore only 15% percent will be subject to taxation. As a candidate, Romney has advocated policies that would continue to benefit people like him whose income comes mainly from investments.

Mr. Romney will perhaps be continued to be seen as out of touch, and these recent revelations will doubtlessly be unhelpful to his candidacy.

Image Courtesy of  http://www.flickr.com/photos/wacphiladelphia/

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