Friday, September 14, 2012

Arithmetic

Here's an emailed blurb about campaign finance that I found quite insightful and to the point (kind of scary too!). Full disclosure - it came from the Obama campaign.

Sheldon Adelson, the conservative billionaire Las Vegas casino owner, has pledged to give up to $100 million -- whatever it takes -- to defeat Barack Obama.

We know it's not out of love for Mitt Romney, so why part with so much money? As President Clinton reminded us last week, sometimes the answer is as simple as arithmetic.

So let's do the math: According to a new report from the Center for American Progress Action Fund, Adelson could see up to $2 billion in savings under Mitt Romney's tax plan versus the President's plan. That's how much Romney's policies would favor millionaires and billionaires.

If Mitt Romney wins -- $2 billion more for Adelson. If Barack Obama wins, millionaires and billionaires pay their fair share.

It's a highly cynical but straightforward calculation

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