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Friday, July 27, 2007
posted by Timotheus | 6:43 PM | permalink

Romney took aim at Edwards recently...

"[Y]ou ought to be able to save your money and you ought to have a special tax rate [on your savings]... the tax rate ought to be absolutely zero. ... [Edwards is] going to announce today that he's in favor of a plan that let's you save $250 tax free. That's not going to pay for college, or retirement, or a car – maybe a bike..." – Gov. Mitt Romney (Gov. Mitt Romney, Delivered Remarks, Des Moines, IA, 7/26/07)

As Mitt-heads know, Romney has been proposing that middle class Americans be allowed to save some money and receive interest income, capital, gains, etc. on their investment savings without being taxed. Romney quite fairly pointed out that $250 is a paltry sum.

In response Edwards had this ad hominem barrage. Why didn't Edwards address the issue? Because the $250 is embarassing.

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