Tuesday, September 11, 2012

Mitt Romney and Tax Avoidance

What's Really Going on With Mitt Romney's $102 Million IRA - Atlantic Mobile
Zakaria said the "larger point at play" worth discussing is "that it shows that people like Mitt Romney and you have access to advice, mechanisms, strategies to build wealth that really ordinary Americans don't have access to. And that when you couple that with his agenda, which is to cut taxes further for those people, it gets to the heart of this idea that there are two Americas, one for the very, very, very rich and one for everyone else.""
Exactly. The preferential tax treatment of investment income is a joke. The joke, of course, is on us.

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