Gawker and Bain and the Caymans - By Kevin D. Williamson - The Corner - National Review Online: "So we have evil offshoring — exploiting those poor marginalized Hungarian nerds — baroque tax-minimizing schemes, assets that will not be repatriated because of U.S. taxes, and that favorite sin of the Left: hypocrisy. In my mind, hypocrisy is a lesser sin than stupidity, and it is sort of stupid to write up a breathless account about Romney’s doing the precise same thing your company does. Incidentally, there is nothing in the Gawker report or the accompanying documents suggesting that Romney or Bain did anything improper. And neither did Gawker, for that matter: U.S. tax practices create very powerful incentives to pursue avoidance strategies. Gawker’s owners apparently know that, even if its writers lack the guts or the intellectual capability to acknowledge as much."
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