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Stewart: Low tax rate encourages Romney’s betting

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Jon Stewart discussed the ever changing story of Mitt Romney and the release of his tax returns Tuesday night.

The Daily Show host was nothing short of outraged over how Romney’s tax rate is lower than those shared by middle class families.

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“The guy doesn’t even have a job, that job is interest,” Stewart said. “That’s the kind of money that might lead a man to make stupidly extravagant out of touch impulse bets.”

“That’s why when he throws that out of there like 10,000 bucks, ‘I’ll bet you what ever I make in the time it takes me to finish this sentence.'”

Stewart added: “How in the world do you, Mitt Romney, justify making more in one day than the median American family makes in a year, while paying an effective tax rate than the guy that has to scan your shoes at the airport?”

WATCH: Video from Comedy Central, which was broadcast on January 24, 2011.

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Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



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2020 Election

‘He believes he’s a king and a dictator’: Ex-GOP congressman backs impeaching ‘unfit conman’ Trump

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President Donald Trump was blasted on MSNBC on Saturday by a former Republican congressman for being an "unfit conman."

Rev. Al Sharpton interviewed former Rep. Joe Walsh (R-IL) about a recent New York Times op-ed he wrote calling for Trump to face a primary challenge from the right.

"There’s a strong case for President Trump to face a Republican primary challenger," Walsh wrote. "I know a thing or two about insurgencies. I entered Congress in 2011 as an insurgent Tea Party Republican."

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2020 Election

Heather Heyer’s mom says things have gotten worse since Charlottesville — but she has a solution

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CNN's Ana Cabrera on Saturday interviewed Susan Bro, the mother of Heather Heyer. Her daughter was murdered by a white nationalist terrorist during the "Unite the Right" rally in Charlottesville, Virginia in 2017.

"When you watch what’s happening in Portland, thankfully everything right now is peaceful, but does it sort of give you that knee-jerk reaction where your hackles kind of go up, just given everything your family has been through?" Cabrera asked.

"My hackles don’t really go down anymore," Bro replied. "I am constantly tracking these things around the country as they happen. Yeah, I think after two years ago, mine will never completely go down again."

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CNN

Trump-loving “hate group” leader struggles to defend chauvinism during CNN interview on Portland chaos

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Portland, Oregon on Saturday was the scene of another far-right mobilization by groups such as the Proud Boys and Patriot Prayer.

CNN's Sara Sidner interviewed Enrique Tarrio, who succeeded Gavin McInnes as the chairman of the Proud Boys. The group is listed as a hate group by the Southern Poverty Law Center.

Tarrio had traveled from Miami to take part in the far-right rally in Portland and appeared to be wearing body armor.

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