|This punchline is particularly painful considering today's political climate.|
And the association with Monstrous Satanic creatures certainly don't help it's skeevy reputation any. It's the attraction to darker elements that draw us in (with promises of candy) and skimpy costumes for women.
The ironic part is that Halloween, like Christmas, is a Pagan holiday. It just so happens that the latter became associated with Religious importance, while the former didn't.