The Political Junkie offers an outside-looking- in view of the US. Each day, we will highlight news and opinion pieces from around the world that are focused on US politics and policy. Agree or disagree with the opinions you will read but take a few minutes to see yourselves as others see you.
In short, taxes don’t just smother. They can also fuel growth — when
they’re invested in highways or the Internet, in colleges or early
childhood education. They can create opportunities, as they did for Sher
Or for Romney himself. He built his Bain empire partly because he was
smart and hard-working, but also because of a great education and
because of tax breaks for debt financing. Tax loopholes helped him build his fortune, and other loopholes gave him the low tax rates to retain it.
If the Republican convention wishes to highlight and explain Romney’s
success, it should have a moment of silence to honor our infernal tax
Who built this country? Entrepreneurs, yes. But so did schoolteachers
and railway construction workers. Doctors and truckers. Scientists and
soldiers. You didn’t build it, Mitt Romney — we all built it.