Dan Mitchell Defending Tax Havens (and Mitt Romney) on Wall Street Journal Online TV
Published on Jul 13, 2012 by danmitchellcato
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(This letter was mailed before September 1, 2012)
President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500
Dear Mr. President,
I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.
It worries me more about how my tax dollars are being spent by you than what Mitt Romney did with his private money.
July 15, 2012 by Dan Mitchell
I’ve defended Mitt Romney for utilizing the efficient financial services sectors of so-called tax havens.
But I may have been focusing on the trees and missed the forest. By highlighting the perfectly legal nature of Romney’s investments and commenting on the valuable role of tax havens in the global economy, I’ve neglected the main argument, which is that people have a right to do whatever they want with their own money and it’s none of our damn business.
What is our business, by contrast, is what politicians are doing with the money they confiscate from us. This Lisa Benson cartoon helps to make that point, though it would be even better if she had written “Romney’s Stash for His Own Money” and “Obama’s Stash for Our Money.”
P.S. Lest anyone think I’m being partisan, the headline of this would be just as accurate if I added “How Bush Spent My Money” or “How Romney Would Spend My Money.” Bush, after all, followed the same fiscal agenda as Obama, and Romney’s track record suggests he will be similarly profligate.
Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your commitment as a father and a husband.
Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, email@example.com