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Political Discussion
Reply to "ROMNEY: "I NEVER PAID LESS THAN A 13% INCOME TAX RATE""
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[quote=Anonymous]All this time wasted on discussing Romney tax returns. Do you honestly believe the tax returns reveal anything other than Romney is wealthy? However, the Obama campaign knows that whatever’s in them they’ll be able to twist into more cheap, populist, class-warmongering appeals. So it's nothing more than class warfare, about constantly repeating Romney is “rich," about trying to make legal tax deductions and credits seem sordid and shady, about trying to make Romney’s wealth appear ill-gotten and at the cost of ordinary Americans, and about taxing capital gains at a lower rate than earned income. Let's spend less time talking about tax returns and more talking about tax policy. That's what matters, the whole tax return thing is a diversion . The tax code is the antithesis of "fair" on all levels. Much of it is not set up to maximize revenue but to facilitate social engineering and curry political favor. It rewards behavior deemed desirable (electric cars, home buying) and contains loopholes and deductions designed to help narrow constituent groups. Both political parties engage in using the tax code to their perceived advantage. The result is a system which has strayed far from its original intended purpose, which is to fund the federal government. This would be a good discussion, but instead we focus on a tax return. [/quote]
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