Thursday, January 19, 2012

Romney's an embarrassment.

It's not enough that because nearly all of his income comes from capital gains, his effective tax rate is lower than what most middle-Americans pay.  Now it comes out, he's hiding up to $30M of his fortune in the tax haven known as the Caymen Islands.  (IRS audit coming?)

So if you follow Romney's actions, a 15% tax rate on millionaires is too much, such that they feel encouraged to move their investment incomes offshore to countries to avoid that 15% capital gains tax rate.

F'ing embarrassing, Mitt Romney is.  No shame whatsoever, for trying to dodge American taxes, even though he's already paying a lower rate than most Americans.

No comments: