Here's How Many Years Of Tax Returns Obama Has Released.

AP

Read your article re Romney's tax returns.  How about asking Obama to release the past ten years of his returns.

This is actually exactly the point.

And all other recent Presidents and Presidential candidates have released multiple years of returns.

And Mitt Romney's father, George Romney, also a Presidential candidate, released 12 years of returns, while saying that releasing a single year, as Mitt Romney has done, is meaningless.

Effectively, what Mitt Romney is saying by not releasing his returns is that he should be entitled to some special privilege that no other Presidents and Presidential candidates have enjoyed--just because he's made a lot of money.

That's ridiculous.

The sooner Romney releases his returns, the sooner we can make sure that he's not hiding something and move on to the economy and other critical issues facing this country.

In the meantime, we'll just have to assume that he is hiding something.

(And, obviously, he is trying to hide something--though presumably not something illegal. What he's hiding, presumably, is how fantastically much money he has made and how

startlingly low a rate of taxes he has paid, by virtue of some creative tax loopholes and the absurd "carried interest" tax rate on private-equity fees and so forth. Now, if Mitt Romney really believes that low taxes are good, he should stand behind the low tax rate he has paid. But, instead, he's trying to hide it).

By the way, this should not be a partisan issue. I understand that some folks are violently pro-Romney and anti-Obama and therefore instinctively side with Romney when he says that calls for him to do what Obama has already done are somehow unfair attacks on his character. But this is a potential future President Of The United States we're talking about. And God forbid Romney has abused some tax loophole or cheated in some way. Far better for the country to find that out now, before he's elected, than to find it out later and have him be forced to resign.

(Jeb Bush is still available, as is Chris Christie. If Romney gets blown up by a tax scandal, one of them could get drafted at the convention.)

Source: www.businessinsider.com

Category: Taxes

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