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NFL owner more interested in winning election than winning games
His New York Jets are struggling on the field, but team owner Robert Wood "Woody" Johnson told Bloomberg News today that it's more important to him to see Mitt Romney and Paul Ryan get elected.
Johnson, chairman of Johnson Co. and a great-great-grandson of the founder of Johnson & Johnson, is the New York state chairman of the Romney-Ryan campaign.
His Jets are 2-2 this season, and fans are smarting after Sunday's 34-0 pounding at the hands of the San Francisco 49ers. Nevertheless, Johnson has his priorities. When an interviewer on Bloomberg Television's "Market Makers" asked him whether football or politics was more important, Johnson responded:
"Well, I think you always have to put country first. So I think it’s very, very important, not only for us but in particular for our kids and grandkids, that this election come off with Mitt Romney and Ryan as president and vice president.”
That might be the best news coach Rex Ryan and beleaguered quarterback Mark Sanchez will hear all week.
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The reason the Jets owner is supporting Romney is obvious as Romney supports his rich friends.
A perfect example is Sidney Adelson in Las Vegas who has pledged to give $100 million to get Romney elected.
Romney’s tax plan would help Adelson in the following ways:
• Cut top tax rates, saving Adelson approximately $1.5 million on his annual compensation as chief executive of his casino company.
• Maintain the special low rates on dividends, potentially saving Adelson nearly $120 million on a single year’s worth of dividends, more than enough to recoup his political donations.
• Maintain the special low rates on capital gains, allowing Adelson to make back his political donations in capital gains tax cuts just by selling a fraction of his stock.
• Provide a tax windfall of an estimated $1.2 billion to Adelson’s company, Las Vegas Sands Corp., on untaxed profits from its Asian casinos, as well as a tax exemption for future overseas profits. Adelson’s casinos already enjoy a special foreign tax exemption from the Chinese administrative region of Macau, and Gov. Romney would make those foreign profits exempt from U.S. taxes as well.
• Eliminate the estate tax, potentially providing a staggering $8.9 billion windfall to Adelson’s heirs.
There is no reason to think Woody Johnson isn't planning on the same tax breaks…Vote Obama 2012.
*Sheldon Adelson, not Sidney...
Johnson is just another poor misguided republican. You almost have to feel sorry for them for they are delusional.
"Why should a millionaire without a income source have to pay taxes? At least they're not sponging off the rest of us tax payers..."
For starters, interest on investments IS income.
If they are not paying their fair share in taxes, yes they are sponging.
They benefit from social security.
They benefit from Medicare.
They benefit from Medicaid, HUD, WIC, food stamps, and job training if their income goes south. (I've seen it happen at least 4 times to unrelated people in unrelated situations at unrelated times in my midwest town to people I know and interact with personally. People who NEVER thought they would be on government aid lose everything and need the full gamut of government help to maintain a 1br apartment and food for their kids.
They drive on our bridges and roads and use our airports (more than the poor who have no cars and don't fly) - all of which take government maintenance.
They eat our food - which needs to be inspected by the government to be safe.
They use our power grid - which must be maintained.
They use our water system - which must be maintained.
They benefit from research in science and medical care - which, at is best, is supported by government (instead of corporations) to avoid bias and to meet the needs of Americans two generations from now instead of putting out scientific and engineering emergencies today.
They benefit from police and fire departments. These are maintained by our taxes. If these did not exist or were undermanned, the risk of loss to the wealthy is much greater than that to the poor.
They benefit from our military protecting our shores and protecting Americans and (wealthy) American investments abroad. How many poor people go abroad (other than for military service)? How many poor people own or invest in factories abroad? So the wealthy disproportionately benefit from this, but don't pay their fair share.
They benefit from the court system being fair and legal and properly maintained. And the wealthy use our court system just as much as the poor. We see the poor use it as a result of crime. And yet, the wealthy use the court system for divorce, child custody issues, and adoption just as the poor do. The wealthy also use the court system MORE than the poor for suing, for protection of intellectual property, for slander or libel, for contract law........
They benefit from a jail system that locks up those who are truly dangerous to others.
We need EVERYONE under the American tent doing what they can to contribute to America's next generation. I do not see those 4000 millionaires as doing their fair share. I also do not see millionaires like Romney doing their fair share either. They are PARASITES, and they do more harm than good.
I@Jane Doe
always knew that Liberals were well educated, well articulated and understod the world in which we live.
Well stated.
got news for you libs, most pro sport owners want Obama out!
Broncos,orioles,cowboys,Pats and on and on!! God Bless them!!
@republican disease
And most of these owners get their bread and butter from Liberals athletes.
You mythical comic book superhero cannot "bless" anything or anyone.
So you really think parasites such as the Obama phone woman really want to work? To contribute? Are you genuinely that much of a "useful idiot"? They wish nothing more than to feed off the work of others. They're hopeless because they're useless. Romney was correct about the 47%. It's just that you can't handle the death of liberal ideology.
There's no such thing as an "Obama phone". That program was started by RONALD REAGAN.
The only true happiness comes from helping others, being a part of something bigger than yourself. Those who spend their time worrying about parasites and free loaders subject themselves to a life of frustration and unhappiness.
Romney's own father was on public assistance during his early years, look it up, it's true. Humans are wired to help others and to reach out for help when we need it. It's a natural part of life. Every man for himself is a sad, dysfunctional approach to life.
You don't know what you're talking about. Millions of Americans in the 47% category Romney spoke about vote republican. Therefore, everything that Romney said about these people voting democrat is BS. But then again, perhaps Romney is right because alot of these republican 47%ers said they're so offended by Romney's outrageous comments that they're now going to vote for President Obama.
Obama/Biden by a LANDSLIDE!
No wonder the Jets stink.
He is as good at evaluating politicians as he is at evaluating quarterbacks.
He's an owner, not a coach. You liberals have no idea about football. Have you ever been to a game? Have you ever played the game? It's football not "Fulbol". His job is to sign the paychecks. There are plenty of people on the staff that have the game in mind. Who cares who he wants to win. Why is this news CNN?????
why are you wasting our time with your i g n o r e n t reply?
The jets are loosers just as their owner..
Too bad you're unable to spell "loser", loser.
GOP is CULT. Just remember 47% comment. Watch it on YouTube and google. Show your friends and email the clip. Obama12.
San Francisco_ 34 – Jets_ 0
A rich dude pushing for a Republican? What a shock.
If I was wealthy, I would vote for Mitt Romney too! Miillionaires who don't want to pay high taxes isn't stupid. They are only looking out for their best interest, as are the rest of us. The fact is, I am NOT a millionaire. I am a college graduate with a good job where I make $70,000 and have to pay $17,500 in taxes, because I fall under the 25% tax bracket. That leaves me with $52,500 a year. Well, after paying $14,400 a year in rent ($1,200 a month) and $5,000 a year in student loans, I am lefts with $33,100. Thus, each month I am left with $2,758. That's $689 a week and that's without taking into account healthcare coverage ($350 a month), car note ($400 with insurance) and bills (total roughly $500 per month). If I did, it would come out to about $377 per week in expendable income. $377 from a $70,000 job!
Imbecile. You don't take out expenses to figure out your bottom line income after taxes. I can see, however, that you are overpaid.
A filthy rich man that was born into a wealthy dynasty wants Romney for president so he can have big tax cuts. Makes perfect sense to me.
Yeah, thats one thing we've been missing is the 'old money' perspective right? Well here it is.
Well this would explain Sunday's beat down by the 49ers... Jet fan's who purchase the tickets and fill the stands should show him what's keeping him rich......
As if I needed another reason to despise the Jets.