I told you so...
Never like to say it, and maybe it happened quicker than I thought, but, umm, I told you so
Actually, I think the story has only partially come out, and I think my estimate of his tax rate (14%) may actually be high. People will not be happy to see that, in all likelihood, much of the Mittster's income has been sheltered in off shore accounts. He will have to answer why he doesn't think the US economy is worth investing in.
Mitt's own tax plan calls for a top rate of 35%. Mitt will have to ultimately answer why he should be able to keep 85 cents of every dollar he makes when many of the rest of us only get to keep 65 cents. In a nutshell, those kinds of policies go a long way to explain why the rich get richer and the rest remain stagnant.
Actually, I think the story has only partially come out, and I think my estimate of his tax rate (14%) may actually be high. People will not be happy to see that, in all likelihood, much of the Mittster's income has been sheltered in off shore accounts. He will have to answer why he doesn't think the US economy is worth investing in.
Mitt's own tax plan calls for a top rate of 35%. Mitt will have to ultimately answer why he should be able to keep 85 cents of every dollar he makes when many of the rest of us only get to keep 65 cents. In a nutshell, those kinds of policies go a long way to explain why the rich get richer and the rest remain stagnant.

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