The Watering Hole: April 17, 2012 – Tax Day

I don’t think you’ll need reminding do you? If anybody should have an “Oops”-moment here’s the extension form.

Mitt Romney has filed an extension. This comes hardly as a surprise, given how complicated it is to track down all those investments all over the planet and to get a nice tax rate about some 15%. Honestly, is it worth the trouble? Look what you have to do to get it.

You have to shovel 100 million into a trust for your sons and, boy, is it complicated to get rid of that pesky gift-tax. But then, which parent doesn’t want their kids to have it better in life?

Look what you have to go through to get it. People actually try and ask you questions about your very personal decision how to optimize your own tax-load. Disgusting really. No respect whatsoever. But then, can you really just talk to your friends and donors nowadays without getting slapped around by the press. No way. Interfereing lot those hacks. And again they mention taxes. And Swiss bank accounts.

No friends, it is not that easy to avoid paying taxes, really not. But then, if Mitt were President…..