Isn't the whole off-shore account matter really more about character than it is legality?
Doesn't any American with hundreds of millions of dollars (or billions) have an ethical obligation to keep his money in U.S. financial institutions where it can help our economy grow? Or are we so committed to abstract capitalism that we've taken all moral questions out of economic decisions? Is it all only about profit at all costs?
At what point does a percentage point or two become secondary to the larger picture?
There have been many politicians on both sides of the aisle that have proposed simplifying the tax code, yet it never seems to get any traction. Why is that?
The only way to reform our banking system is to elect politician who understand that there is a moral element to economic choices.
I doubt you can find anyone in the so-called 99% movement who advocates stashing money in off-shore or numbered-Swiss accounts -- but hey, build another strawman if you like.
For example: The tax code would allow me to use my charitable deductions to lower my taxes, but if I did that I'd be using the government to fund part of what is supposed to be my donation -- so I don't claim them. I mean, if your church or your conscience moves you to tithe and you deduct your contribution, have you really tithed?
I more than understand that not everyone can afford to do that, but I expect someone running for President to hold himself to a higher standard.
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