[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Jimmy Dore: CHINA & 20 Nations To Intervene & End Israel’s Genocide!

20,000 Women. 350 Kilometers. Zero Pay. In One Week. How Did Ibrahim Traore Pull This Off?

Spain is in CHAOS! Revolution is in the air

Joe Rogan Ambushes Gavin Newsom Via Text With A COVID Question He Never Saw Coming

Batman Vs The Joker: Democrats Will Double Down On Chaos To Save Their Party

US Vows To Quit IEA If The Agency Keeps Pushing Green Transition

Tucker Carlson: People Are Frustrated That Certain Commit Crimes With Impunity

No news again, but the battle of the machines marches on...

Cash Jordan: Rioters ATTACK ICE HQ… Troops FLATTEN Uprising With ‘Zero Mercy’

Doctor Reveals What COVID Vaccines Do to the Lungs in Just One Week

Sorry paid off influencers, MAGA bot accounts, and Satan....but I'm not going to just "move on"

Marjorie Taylor Greene Bombshell Interview

Welcome To The Land Of The Free... Until You Express An Opinion

Putin ‘tells Iran to accept nuclear deal with no enrichment’

76% of Honey at Stores is Fake

"225,000 Ukrainians have now DESERTED the war" Ukraine is in a death spiral Col. Dan Davis

The New York Times Finally Stops Avoiding The G-Word

The Gaza Water Massacre: What Israel Just Confessed About Shooting Children

Powerful ERUPTION spit out volcanic mud and debris - Army Personnel ran for their lives

Another 'Conspiracy Theory' Comes True: California Bill Passes To Buy Fire-Ravaged Palisades For Low-Income Apartments

A 1,600-year-old church in the Holy Land has been torched. But not by ISIS.

More civilians have been killed while seeking aid in Gaza than were killed on 7 October.

MORE TRANS VIOLENCE

WAYNE ROOT: Here’s How Trump Turns the Epstein List Fiasco into Home Run

Maxwell Says Epstein Client List Implicates Top Democrats

Medical Record Review Of the Twins Who Died After Vaccination

New federal secrets exposed as Republican unravels Lee Harvey Oswald's hidden ties to CIA

Protest outside migrant hotel in Essex erupts into violence

Congressman Faces Eviction Over $85k Back-Rent For Luxury DC Penthouse

This Is Not Normal! We Just Had Four “1-In-1,000-Year Storms” In A Single Week!


(s)Elections
See other (s)Elections Articles

Title: Keep your mitts off my tax returns, says Romney
Source: independent.co.uk
URL Source: http://www.independent.co.uk/news/w ... turns-says-romney-6281830.html
Published: Dec 27, 2011
Author: Guy Adams
Post Date: 2011-12-29 03:58:30 by GreyLmist
Keywords: Mitt Romney
Views: 106
Comments: 1

Mitt Romney, [sic], is once more facing awkward questions about his personal finances after announcing that he will refuse to share his tax returns with the US electorate.

The decision, revealed during a recent interview, threatens to put [Romney], who is one of the wealthiest men ever to run for the White House, on the back foot heading into the start of the 2012 primary season, which begins with this weekend's Iowa Caucuses.

Almost every would-be President since the 1970s has published their tax return, but Romney announced that he intended to forego that opportunity during an interview with Chuck Todd of MSNBC. He did not seek to justify the decision, but said merely: "I don't intend to release the tax returns. I don't."

The comments were edited out of the interview before broadcast last week, but emerged during extended footage aired at the weekend. Asked about the issue on the campaign trail, Romney added: "We follow the tax laws, and if there's an opportunity to save taxes, we, like everybody else in this country, will follow that opportunity."

The remarks were seized upon by both Democrats and Romney's rivals for the GOP ticket, who have all promised to release their tax returns. "Why does Governor Romney feel like he can play by a different set of rules?" said the Obama campaign. "What is it that he doesn't want the American people to see?"

One possible answer is the size of Romney's bank balance. With a personal fortune estimated at $250m [£160m], critics have long said that he is out of touch with ordinary Americans. In a recent GOP debate, he casually offered to bet Rick Perry $10,000 over a disputed point of fact.

Another answer is Romney's use of tax loopholes. Though he publicly calls for fiscal discipline, it's probable that, like most of America's so-called "1 per cent," he exploits the nation's elaborate tax code to ensure that he pays a far smaller proportion of income to the IRS than the middle-classes. Analysis by the New York Times last week suggested that his burden was around 15 per cent, thanks to a Bush-era concession aimed at hedge fund managers.

A third potential reason Romney wants to keep his tax return under wraps is that it would reveal exactly how much he does, or does not, donate to charities. It would also lay bare the "tithes" he pays to the Mormon Church, in which he is a former Bishop.

Unease over Romney's wealth has been recently aired in GOP debates. He made his fortune at Bain Capital, a private equity firm which rival Newt Gingrich claimed made hundreds of millions of dollars from "bankrupting companies and laying off employees".

The decision not to publish a tax return also opens him to allegations of shameless hypocrisy. During the 1990s, when he tried, and failed, to secure a Senate seat in Massachusetts, Romney repeatedly challenged the incumbent, Edward Kennedy, to release his tax returns to prove he "had nothing to hide".


Poster Comment:

Mitt Romney worth .25 BILLION Refuses To Release Tax Returns

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: GreyLmist (#0)

All the candidates are whores and puppets of international banks and international corporations. Except Paul.

"There are only 800,000 state, local, and federal law enforcement officers in the entire country." - Vox Day

Turtle  posted on  2011-12-29   14:00:05 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]