Newt Gingrich, who apparently doesn't want anyone to be
president if he can't be, has damaged Romney for the general election and
destroyed a Republican argument.
You see the Republicans always say taxes are too high and
can't be raised, in combination with budget cuts, to fix our astounding deficit
problems.
If Romney has earned $200,000,000 from taking over companies
and firing people and only pays 15 percent in taxes, how is our system of
government fair. How should those born again, anti abortion people feel about
someone who makes a fortune, yet pays less taxes than they do?
There should be taxes on oil companies. General Electric
should pay taxes as they help China build an aircraft to compete with Boeing, the American company
that helps so much in decreasing our deficit with China in balance of payments.
Romney doesn't pay any more than 15% in taxes because
there's a special law for buyout fund managers that lets them count their work
as capital gains so that limits their tax rate to 15%. In other words because
he didn't create anything, or build anything, or work at a real job, he gets
lower raxes than other people who go to work every day and try to make enough
to feed their families.
Newt Gingrich didn't just injure Romney, he injured the Wall
Street fat cats who used Republican concepts to avoid paying their fair share.