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Reply to "Romney Paid 13.9% Tax Rate on $21.6 Million in Income."
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[quote=Anonymous] [quote] Why do we attack Mitt Romney because he benefits from tax law.? Its not his tax law. A pp accused him of trying to make more laws to benefit himself-- how so? His highest job has been as governor from Ma, not congressman. [/quote] Well, it kinda is his tax law. A few years ago, when there was a move to change the tax rules for gains realized by hedge funds and private equity groups, there was an explosion of lobbying against the change, financed by "associations" formed and funded by, among others, Bain Capital. So is it his tax law, in that he is a dictator and instituted it, or waved a magic wand and Shazaam!, 15% tax rate? No, of course not. But he agrees with it, actively opposed changing it, paid significant sums to keep it as is, and benefits a great deal from it. It's as much his tax law as anyones. [/quote]
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