Heinz-Kerry taxes -- How to answer the critics

[detroit]

First off:

Investing in municipal bonds is perfectly legal and ethical. Any investor can buy them, though not all would want to. It is a very conservative strategy with very little "upside." Many people will choose to earn more, pay the tax on the extra income, and come out ahead in many cases.

Heinz-Kerry, however, probably feld she had had limited investment options. Many stocks and corporate bonds, for instance, would be hard to buy without an appearance of a conflict of interest for her husband.

She also probably is just a very, very risk-averse investor on principle. Not everybody is.

Second:

The system that allows people to buy muni bonds at low rates in exchange for not paying taxes on the income has served us well for generations. It's a system that has financed parks, roads, bridges, firehouses, police stations, and on and on - to the benefit of everyone. I can't believe that the GOP's hatred of Teresa Kerry is so extreme that they'd REALLY want to eliminate the tax-free status of municipal bonds (thus raising taxes everywhere) just to spite her.

So folks should just grow up. The Kerrys paid every dime they owed. End of story.

[MidwestTransplant]

1. Tell them to thank the Bush Tax Cut if they are complaining

Always said it benefits the rich most.

[jdj]

2. Honeychild, they are eliminating the New Deal to spite Hillary.

Not to mention Roe V. Wade, which is on the agenda too. Yes, they are that sick. Next illusion?

[detroit]

3. What I provided...

...is essentialy a set of "talking points."