
Day: July 23, 2012
If You Want To Run For Office
Poor old Mitt is catching Hell in the media for his hesitation in releasing his tax returns….I understand that if there is something in there that can be used against , his wife mentioned that in an interview, then you might want to hold off on the release. But I also understand that the American people have the right to know about your tax situation, especially if you have a position that has benefited from current tax policies. He is running for president then the voter has a right to know as much about the person as they can handle…….
With all that said maybe a little advice for future candidates would help them in their pursuit for which ever office they feel they must acquire…….National Journal, not a bastion of liberalism, has a few ways to make yourself appealing………
1. Get rich the old-fashioned way. Create a product or service or business. Write a best-seller, like President Obama did. Run a successful company, like Herman Cain did. Jump on a trend early, like Virginia Sen. Mark Warner, who saw the potential of cell phones.
2. When you file your tax returns, imagine they will be on the homepages of every website in the world. Be prepared to defend your low tax rate and explain how you’ve used your untaxed money to create jobs. Alternatively, say you’d like to change the tax code so people like you pay more.
3. Related: Keep your money in the United States. Do not shelter income in Switzerland, Bermuda, the Cayman Islands or anywhere else. Repeat: keep the money at home.
4. If you have a lot of money, give away a lot of money.Think Bill Gates and Warren Buffett. If you have enough excess cash, you might be able to help eradicate AIDS or revolutionize inner city education. Tithing to your church and creating trusts for your kids don’t count.
5. When you leave a position, leave the position. Make a clean break. If you don’t, you will have a hard time arguing you are not responsible for what happened after you kinda-sorta departed, but were still CEO and sole owner. Sure, you may not be able to claim credit for good things that happen after you’re gone. But you won’t be on the hook for developments that are politically unpalatable, and possibly a serious threat to your presidential hopes.
Maybe if these things are observed then we would have a better idea of the person we may vote for in the future…..or not.