Gee -- so that's what a loophole is for

... Romney pretends that significant savings will come from closing tax “loopholes,” but this is nonsense. Those loopholes were placed there specifically to reward the donors who pay the costs of our lawmakers’ political campaigns (just like the more straightforward across-the-board tax cuts for the superrich). Tea Party champions, including Senators Jim DeMint of South Carolina and Rand Paul of Kentucky, are trying to prevent the Treasury Department from cracking down even on wealthy expatriate tax cheats. The notion that these loopholes will somehow be eliminated—especially when they continue to be expanded every time the tax code is adjusted—is too childish for adults to take seriously, save perhaps for a few gullible reporters and right-wing pundits. ...Eric Alterman, The Nation