Published: Sunday, Aug. 5 2012 12:00 a.m. MDT
This is not that complicated an issue.Looking at candidates'
tax returns is a time-honored tool the public uses to measure candidates'
statements about public financial policies against their personal financial
behaviors. Do they really "walk the walk," or are they "Do as I say,
not as I do"?Ronald Reagan released six years of his tax returns
when he ran for President. George W. Bush provided eight years' returns.
Romney is the first presidential candidate in history to have a
Swiss bank account. We are justified in asking why.Romney has a
401(k) retirement account valued at more than $100 million, when contributions
to 401k's are limited to $6,000 per year. We are justified in asking how a
$100M 401k is possible.Mr. Romney, if you want to prove that Harry
Reid is a terrible person, there is a simple and 100% effective way to do it -
release several years of your tax returns.Failure to do so
absolutely dooms Mr. Romney's candidacy.
At first everyone thought that Mitt would stonewall on his taxes for a while,
and then when the pressure got too great he would reluctantly release them and
face the music. After all what could possibly be so bad that Mr. Romney would
let his tax returns become the central issue in his campaign? We have seen the
Cayman Islands accounts, the Swiss bank accounts, the Bahamian offshore
accounts, and the huge tax breaks that Mitt claimed for his beloved olympic
horse Rafalca, what could possibly be more embarrassing than what we had
already learned? Either Mitt is pathologically passive aggressive or there must
be a real doozy somewhere in those tax returns!Harry Ried may be off base
with his accusations, but Mitt could put all the speculation to rest very
easily, and the guessing game won't go away until Mitt releases those tax
I believe that Reid crossed the line with his unsubstantiated accusation that
Romney has years where he paid no taxes.That said, it would be an
easy thing to refute. And would really damage the democrats if Romney released
many years of tax returns and PROVED Reid to be wrong.As George
suggested, "Even if it were true that accounting circumstances of gains and
losses permitted avoidance of payment of taxes in some years....."So, George is agreeing that it is possibly true. And that it would be no big
deal.So, then why not release them? Even some GOP leaders are
calling for that.It is damaging for him not to release. And I am
betting that Romney believes that it would be MORE damaging if he did release
them.Now I REALLY REALLY want to know whats in them.
Well, there is an easy way to disprove the claim of Sen Reid, assuming
it's not true.
Do you really think Reid came up with this on his own? Or do you think he was
told to make the attack by others in his party? Just as Mitt won't make
birth certificate attacks, nor will Obama suggest Mitt has tax issues. Take it
a step further, and be ashamed of the whole process.
Typical blame the messenger response... bottom line, if Romney is hiding
something in his tax returns, including the fact that he paid virtually none
over many years, it will not be acceptable to the American public. Romney owes it to both the GOP and the American people to be transparent in
his taxes. Yes, it may expose all sorts of legal tax loopholes and schemes, but
the American people deserve to know the facts and the privileges of being
Excellent letter Mr. Jackson. If Reid is so concerned about Romney's taxes,
he should have the IRS handle the investigation. Reid is only trying to deflect
attention away from the miserable Obama record! Democrats didn't care a
whit when their man Bernanke cheated on his taxes! Democrats take hypocrisy to a
There's no innuendo. Reid spoke based on a source he deems highly credible.
Everyone wants to go after the source rather than the substance. Romney can
clear this up in short order. What's he hiding? What financial activities
and entities with whom he has had dealings might be an influence on him if he
were to become president? Why is he so secretive? The nation has a right to full
disclosure for the person who wants to take control of the government. All I see
in response from Romney and his supporters are excuses and rationalizations. The
"kill the messenger" tactic won't make this distraction go away and
only leads to more questions. We deserve to know, Mitt, if you want to be
I would have preferred not to see Sen. Reid not pull a right winged stunt like
that. The stunt that is played almost daily by Fox and friends. The ones that
"bear false witness". The ones that start off "It has been
said...." The ones that call 70 plus members of Congress, communists or the
one that accuses an esteemed government official a spy for the Muslim
Brotherhood. I don't remember your outrage before George. Is something new
you are trying?
Reid never said Romney broke the law... half the point of all this is Democrats
want to expose just how ridiculous the tax code is that rich people can pull
all sorts of legal accounting tricks to get out of paying a lot of taxes.
So in other words, Reid is using the same tactics that the GOP has done for 3
years and 8 months?
To Midvaliean 7:49 a.m. Aug. 5, 2012Do you really think Reid came up
with this on his own? Or do you think he was told to make the attack by others
in his party? Just as Mitt won't make birth certificate attacks, nor will
Obama suggest Mitt has tax issues. Take it a step further, and be ashamed of the
whole process.--------------------------No -- this is
coming up because Mitt is trying to hide something. If he has nothing to hide,
he should release his (complete) tax returns back to 1999, when he claims he
left Bain Capital contrary to what is shown by his signed, filed financial
statements for Bain after that date. by not releasing his tax returns for those
years, Mitt is showing that there is something in his tax returns that would
hurt him worse than his not releasing them. It's time for Mitt to come
clean, and how the people of the Untied States how he handles his financial
affairs on a regular basis, instead of just one year (come to think of it, he
didn't release a COMPLETE tax return for 2010 either).
Mitt Romney should announce that he will release his tax records a few days
before the election.Here's why: If Mitt Romney were to release
his taxes now, people would strongly approve of what they see and would say,
"What wonderful, generous people the Romneys are." As a result, Romney
would surge to a huge lead in the polls. This in turn would cause wealthy people
and corporations to stop donating to his campaign.Clearly,
that's why he hasn't released his taxes so far.Of course,
I've been wrong before.
Was Harry Reid out of line? Sure. It was McCarthy-ite behavior. So how
about we make this deal? Harry Reid tells everyone who his source was.And
Mitt Romney releases his tax returns. The best response to dirty politics
is really just the truth.
I agree with the previous comment. And I would like to add: Although two
wrongs don't make a right, the GOP did request that the President produce
his birth certificate (which he didn't technically need to do). But he did
so to show has nothing to hide. He also has stated he is a Christian a number
of times and told us that he goes to a Baptist Church in Washington (and that
certainly doesn't need to be told) So, Mitt do the same and show everyone
you have nothing to hide with your taxes and the suspicious people will start to
go away. I hope you can.
Just as George Zimmerman found out, in America circa 2012 you are "guilty
until proven innocent". Harry Reid has no shame so it doesn't really
surprise me. The fact is Romney is a private citizen and his tax returns are
between him and the IRS. If some of you posters want to change the law and strip
more liberty from individuals then have at it. Until the law is changed you
should just move onto another topic because just like Harry Reid you're out
of line- unless you just don't believe in the rule of law.
blue, joeblow, omni scent, Baron scarpia, esquire, furry, kimberguilty
until proven innocent. yep, BO and the dems are turning us into the soviet
union.Eric S.harry should tell us who his source is - the one
committing a felony by releasing confidential tax information. Then BO should
release his college transcript.even ABC News (ABC!!!!!!) said harry
is irresponsible and out of line. ABC!!!! The All Barack Channel! said harry
is out of line!
"Just as George Zimmerman found out, in America circa 2012 you are
"guilty until proven innocent"Mr Martin would probably agree
with you.Unfortunately, he was judged and sentenced by mr Zimmerman.
His trial is already over.
"...Harry Reid descends to lowest form of politics...".On
arrival, greeted by Republicans.
>Lost in DCWell, I called Reid's accusations McCarthy-ite. And
SOME commentators on ABC News This Week agreed, if that's what you mean by
"ABC said. . . " See, ABC news is a news organization--their
newsgathering and editorial wings are separate entities. That's how news
works, in real news organizations. Unlike Fox News, which doesn't really do
'news' per se, but instead serves as the propaganda wing of the RNC.
As for the college transcript thing, three reasons why he shouldn't
release anything.First and foremost, there's no information relevant
to this election in his college transcripts. They'll show he went to
college, got good grades, got into law school, edited the Law Review. We already
know all that. Second, the Right doesn't really want them.
They're only trying for some false equivalency--Romney won't release
his tax returns, well, Obama won't release his college records! No such
equivalency exists; Romney is proposing changes to federal taxes, so it's
fair to ask what his taxes show. Would he personally profit from his own
policies?Third, the Right wants those records. Reason enough to withhold
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