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Yup, Rick Santorum went there. The former Pennsylvania senator, known for his less-than-enlightened views on gay rights, has opted for the “Some of my best friends…” approach. Earlier this week, when CNN’s Don Lemon asked him if he had any gay friends, Santorum replied enthusiastically: “Yes! In fact, I was with a gay friend of mine just two days ago. So, yeah, I do. And they respect that I have differences of opinion on that. I talk about these things in front of them, and we have conversations about it.
In what may be the perfect mix of issue, argument and spokesman, Bob Johnson has spoken out in favor of maintaining the carried interest tax loophole. To understand how rich and cosmically perfect this is, there are a couple things you need to understand. First, what is the carried interest tax loophole? It's a way for private equity managers to legally cheat on their taxes. The deal is that the manager takes most of his compensation in the form of a chunk of the profit on the investment deal he sets up.
Robert L. Johnson came to the Bush administration's attention when it needed him most. The cause of the White House's duress was an annoyingly munificent collection of millionaires, headed by Bill Gates Sr., who had banded together to oppose President Bush's plan to abolish the estate tax. In newspaper ads and press conferences, they held forth on the obligation of the wealthy to give back to society. So effectively did they seize the moral high ground that even the most fervent opponents of the estate tax resigned themselves to it.