Sanjay Sanghoee wonders, even despite Romney's Bain Capital irregularities, why and if a Presidential candidate should so openly avoid paying taxes. And what he says about taxes is dead right, too.
Romney and offshore tax havens
Verbatim:
"It is disturbing to think that a potential president of the United States would consider it acceptable to siphon money into offshore bank accounts in order to shield that money from taxes. Taxation, unpleasant as it might be, is the primary funding mechanism for our nation; without it we would be reduced to a wasteland of crumbling infrastructure, non-existent public services, and anarchy. Taxes fund most of our crucial public functions from road repair and public transport to the police force, welfare, and even trash collection."
We're already seeing difficult choices being made because of the tax cut and deficit legacy of the Bush years, compounded by the nasty recession that began at the end of the Bush administration and which bedeviled the Obama administration. Those choices are only going to get more difficult, and the GOP is squirming about the potential of tough Defense cuts. (And so are employers.) But still the GOP won't consider taxes as part of a deficit reduction package that might actually make a difference.
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