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Liberal_in_LA

(44,397 posts)
Fri Jul 13, 2012, 07:32 PM Jul 2012

Romney says he will release no more than two years of federal tax returns

Source: Ballot Box

Mitt Romney on Friday said he will release only two years of tax returns.

“We've complied with the law,” Romney told CNN. “The law requires us to put out a full financial disclosure. That I've done. I know there will always be calls for more, people always want to get more, and, you know, we're putting out what is required plus more that is not required, and those are the two years that people are going to have.”

“That's all that's necessary for people to understand something about my finances,” Romney added.

Read more: http://thehill.com/blogs/ballot-box/presidential-races/237879-romney-will-release-only-two-years-of-tax-returns



There must be something really juicy in the prior tax returns. If he Really really wanted to be prez he'd just release them.
49 replies = new reply since forum marked as read
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Romney says he will release no more than two years of federal tax returns (Original Post) Liberal_in_LA Jul 2012 OP
coward Marrah_G Jul 2012 #1
Nope, crook . russspeakeasy Jul 2012 #15
tax evasion and fraud. I smell it. roguevalley Jul 2012 #23
I do, too wordpix Jul 2012 #28
He doesn't even need a shovel. He's digging fine just as he is. Lionessa Jul 2012 #2
yup... handmade34 Jul 2012 #3
Or contrarily have found Lionessa Jul 2012 #18
rMoney is a crook. n/t SDjack Jul 2012 #4
If you think about it, Obama Only Released.... Grassy Knoll Jul 2012 #5
rotflmao. +1. n/t eggplant Jul 2012 #7
"full financial disclosure" means only the last two years? Trillo Jul 2012 #6
I'm thinking he still had those offshore accounts three years back. DCKit Jul 2012 #8
I had to produce income tax returns for a 20 year FBI background check, for a McAirline job. justice1 Jul 2012 #9
State - I want your state tax returns for the last few years Mittens. n/t Smilo Jul 2012 #10
What do you think he is hiding? oberliner Jul 2012 #11
He is hiding the fact that he was not living in his son's unfinished basement in 2010 Bjorn Against Jul 2012 #27
I am guessing he had offshore accounts somewhere, if not in Bain's name then in another's wordpix Jul 2012 #29
Wouldn't that be a hoot? sofa king Jul 2012 #36
LOL...Please let this happen.. Shankapotomus Jul 2012 #41
How much worse can it be? DaveJ Jul 2012 #12
Simply more evidence of the flat-out arrogance... WinstonSmith4740 Jul 2012 #13
I guess Mittens is Iliyah Jul 2012 #14
"He is not presidential material." MustBeTheBooz Jul 2012 #17
Clearly, there's enough "bad" in the older returns that make JBoy Jul 2012 #16
This message was self-deleted by its author bupkus Jul 2012 #19
How about all tax records? Rosa Luxemburg Jul 2012 #20
I'm REALLY intrigued about what could be in that return from 3 years ago Canuckistanian Jul 2012 #21
WE DID IT -- HE'S BLINKED! rocktivity Jul 2012 #22
Drip Drip Drip yardwork Jul 2012 #24
Can you imagine having THIS in the White House? aint_no_life_nowhere Jul 2012 #25
Can we pick which years? nt Mnemosyne Jul 2012 #26
I aso think....he should show us his certificate of live birth! slingsam Jul 2012 #30
I bet he filed his taxes IN KENYA!!! n/t Ian David Jul 2012 #31
But He Is Not Releasing Any State Returns DallasNE Jul 2012 #32
Too bad Mitt's dad isn't here to give him a stern lecture. alp227 Jul 2012 #33
While his returns may be perfectly legal leftynyc Jul 2012 #34
Ins't reformation of the Tax Code something The Pres. is saying he wants done in the Second Term? Volaris Jul 2012 #39
Something needs to be done leftynyc Jul 2012 #46
I agree, and the last thing Romney wants Volaris Jul 2012 #48
So we get to keep asking, "what's under the rock?" sofa king Jul 2012 #35
We need a hacker or insider who can get those returns. DCBob Jul 2012 #37
I'm not sure I like that idea. sofa king Jul 2012 #47
good luck with that, mitty. cali Jul 2012 #38
The hypocrisy bye Jul 2012 #40
for the record, Obama put his tax returns on the internet during the primaries four years ago fishwax Jul 2012 #43
OK, I'll correct you since you're wrong (but you knew that). Moosepoop Jul 2012 #44
Romney pleads the fifth on financial disclosure PATRICK Jul 2012 #42
Well there are two other options for why Mitt could be doing this. cstanleytech Jul 2012 #45
Presidential candidates should release at least 10 years of tax and medical records. hughee99 Jul 2012 #49
 

Lionessa

(3,894 posts)
2. He doesn't even need a shovel. He's digging fine just as he is.
Fri Jul 13, 2012, 07:34 PM
Jul 2012

I really don't think he's going to make it through the nominating process. I think there's going to be a republican coup that puts someone like Chris Christy, or Jeb Bush, a fresh face, booting RP to curb. That's what I think.

handmade34

(24,017 posts)
3. yup...
Fri Jul 13, 2012, 07:39 PM
Jul 2012

been saying that for weeks now ... unless the republicans have just given up on the presidency and focusing on the congress

 

Lionessa

(3,894 posts)
18. Or contrarily have found
Fri Jul 13, 2012, 08:28 PM
Jul 2012

that having just enough "power" to get nothing changed is working just fine and lining their pockets quite well. What is there really left to aspire to. They don't need to lead, they just need to get everything to stay right on the course it is on.

 

DCKit

(18,541 posts)
8. I'm thinking he still had those offshore accounts three years back.
Fri Jul 13, 2012, 07:50 PM
Jul 2012

You know us common people wouldn't understand.

justice1

(795 posts)
9. I had to produce income tax returns for a 20 year FBI background check, for a McAirline job.
Fri Jul 13, 2012, 07:50 PM
Jul 2012

I don't think it's to much to ask, of someone who wants to be POTUS.

 

oberliner

(58,724 posts)
11. What do you think he is hiding?
Fri Jul 13, 2012, 07:58 PM
Jul 2012

That he managed to pay next to no taxes some years or something even beyond that?

Bjorn Against

(12,041 posts)
27. He is hiding the fact that he was not living in his son's unfinished basement in 2010
Fri Jul 13, 2012, 10:34 PM
Jul 2012

Mitt Romney voted for Scott Brown in the Massachusetts special election in 2010, the problem is he did not own a home in Massachusets in 2010 which would make him ineligible to vote. Romney claimed his primary home was his son's unfinished basement so that he could vote, if his tax returns were to show that he was living anywhere other than his son's unfinished basement it would be proof that he committed felony voter fraud. That is why he can't release his returns.

http://www.bradblog.com/?p=9397

wordpix

(18,652 posts)
29. I am guessing he had offshore accounts somewhere, if not in Bain's name then in another's
Fri Jul 13, 2012, 10:42 PM
Jul 2012

He does not want it disclosed that he's got millions stashed here and there all over the world except in the US, where he'd have to pay taxes on the interest, dividends or whatever.

Shankapotomus

(4,840 posts)
41. LOL...Please let this happen..
Sat Jul 14, 2012, 10:40 AM
Jul 2012

I would be chuckling insanely to myself all the live long day for the next four years if this happened.

DaveJ

(5,023 posts)
12. How much worse can it be?
Fri Jul 13, 2012, 07:58 PM
Jul 2012

We already know Romney stores his money offshore.
We already know Romney eliminated jobs for personal profit.
We already know Romney made every effort to avoid U.S. taxes.

None of this bothers Repungant-can voters at all. They actually like it. In many way he was betting against America. But but I feel there must be something more.

I can't fathom how disgusting it might be, only his ilk probably is capable of whatever sicko things he did.

WinstonSmith4740

(3,436 posts)
13. Simply more evidence of the flat-out arrogance...
Fri Jul 13, 2012, 07:59 PM
Jul 2012

born of money and the access to power it brings. We're the "little people". We don't deserve to know whats going on, since we can't understand it anyway, along with the "college kids, baby-sitters, and nails ladies".

By the way gentlemen. This is what it felt like back in the 70's whenever women wanted to be kept in the loop in business, and our bosses patted us on the head and told us not to "worry your pretty little head about this stuff".

Iliyah

(25,111 posts)
14. I guess Mittens is
Fri Jul 13, 2012, 07:59 PM
Jul 2012

relying on stealing the elections with his cohorts, i.e., gov goppers and their legislators.

Welcome to your 2nd term, Pres O.

He definitely has something to hide and yes, he knew and controlled Bain and yes he knows what is happening with his offshore tax haven accounts.

He is not presidential material.

MustBeTheBooz

(361 posts)
17. "He is not presidential material."
Fri Jul 13, 2012, 08:27 PM
Jul 2012

Agreed. But, I seem to remember sometime around say, 12 years ago, another obviously not ready for prime time candidate declared on his campaign plane, and I'm going off of memory here, "We're gonna win Florida. I can guarantee that." And the rest is recent history.

The money, the media, the perfectly legal lies and propaganda, the money (yeah, I said it twice), the electronic voting machines, the money (that's three!), and purged voter rolls have got me worried. Talk me down! If I hadn't seen it in 2000 with Bush, and then again in 2010 with the Red Tide, I would give the system and American voters more credit. But I worry...

Must be the booze.

JBoy

(8,021 posts)
16. Clearly, there's enough "bad" in the older returns that make
Fri Jul 13, 2012, 08:26 PM
Jul 2012

running this gauntlet of crossfire the preferred alternative for him.

Response to Liberal_in_LA (Original post)

Canuckistanian

(42,290 posts)
21. I'm REALLY intrigued about what could be in that return from 3 years ago
Fri Jul 13, 2012, 09:02 PM
Jul 2012

Why the cutoff? He was long gone from Bain at that point.

What is he hiding?

rocktivity

(45,006 posts)
22. WE DID IT -- HE'S BLINKED!
Fri Jul 13, 2012, 10:03 PM
Jul 2012

Last edited Wed Jul 18, 2012, 01:29 AM - Edit history (1)

But two years won't do it -- we need 1999 through 2002, at the VERY least!


rocktivity

aint_no_life_nowhere

(21,925 posts)
25. Can you imagine having THIS in the White House?
Fri Jul 13, 2012, 10:22 PM
Jul 2012

We'd always be suspecting the President is a fraud, a tax cheat, and maybe worse.

DallasNE

(8,009 posts)
32. But He Is Not Releasing Any State Returns
Sat Jul 14, 2012, 02:36 AM
Jul 2012

And that is telling as well. Especially if he filed some years in New Hampshire.

alp227

(33,285 posts)
33. Too bad Mitt's dad isn't here to give him a stern lecture.
Sat Jul 14, 2012, 02:47 AM
Jul 2012

George W. Romney, an Eisenhower Republican who was a governor of Michigan during the '60s, actually released 12 years of tax returns when he ran for president in '68. In 1992, Bill Clinton did the same. In contrast, in 1980, Reagan released only his 1979 taxes. Also in 1976, "Jimmy Carter and President Gerald Ford both released their 1975 tax returns and it was noted that an investment tax credit signed into law by Ford resulted in a significant tax windfall for a peanut warehouse owned by Carter." (Source for all this: Politifact)

 

leftynyc

(26,060 posts)
34. While his returns may be perfectly legal
Sat Jul 14, 2012, 07:00 AM
Jul 2012

and he took those deductions that were available to someone with his wealth, the real message that should be loud and clear is that he (I'm almost sure) pays an effective tax rate that is less, maybe less than half, of that of someone in the middle class. It's the question of fairness that shows in the return he's already shown and will be in the one for 2011. I don't think it's prudent to claim there is illegality there if we don't know that for sure, but the unfairness of the tax code should be pounded into every citizen's head.

Volaris

(11,717 posts)
39. Ins't reformation of the Tax Code something The Pres. is saying he wants done in the Second Term?
Sat Jul 14, 2012, 10:06 AM
Jul 2012

what an excellent way to make The President's argument FOR HIM! Thanks, Mittens! As my neighbor the 'bagger would say.."That's mighty white of ya."

 

leftynyc

(26,060 posts)
46. Something needs to be done
Sat Jul 14, 2012, 05:37 PM
Jul 2012

I'd even be okay with leaving the top tier at 36% IF, and only if, they get rid of all all the loopholes and subsidies. But that's precisely why mittens wont release more returns. It must be even worse than the one where he paid something like 15%. Maybe even paid no taxes....and that that may be legal is simply as wrong as can be.

Volaris

(11,717 posts)
48. I agree, and the last thing Romney wants
Sun Jul 15, 2012, 04:46 PM
Jul 2012

is ANY discussion on the differences between the 1% and the 99%. He knows it would not only kill his campaign in this particular cycle, but it would stop the gravy train to all his 1%-er compatriots, and that CANNOT be allowed to happen, even if it means Mittens has to be the sacrificial lamb.

sofa king

(10,857 posts)
35. So we get to keep asking, "what's under the rock?"
Sat Jul 14, 2012, 09:00 AM
Jul 2012

The crime is always larger than the cover-up. It is both fair and rational to assume that in cases where one is evading the release of documents which would answer a particular question definitively, which is what Romney is doing.

It is also perfectly reasonable to point that out ad nauseum.

It is not a personal attack. It is correctly pointing out evasive behavior which is almost certainly concealing a darker secret, one which the American people require to be answered if they are to make an informed decision.

If this were merely a question of alienating the public by disclosing how wealthy he is, Romney could have easily taken on a Daddy Warbucks persona five years ago, thrown some money around to carefully selected demographics, and turned his wealth into a political asset. He did not, and he did not even try.

So Mitt is definitely hiding something, and it is something big enough that he is willing to take a torpedo in the side to avoid disclosing it.

Naturally, I and several million other Americans like me suddenly want to know what that is. Not good for Mitt.

DCBob

(24,689 posts)
37. We need a hacker or insider who can get those returns.
Sat Jul 14, 2012, 09:40 AM
Jul 2012

McCain's got em... right? Maybe some former McCain staffer will be a "good samaritan".

sofa king

(10,857 posts)
47. I'm not sure I like that idea.
Sun Jul 15, 2012, 08:56 AM
Jul 2012

Floating his returns early might potentially damage the chances of successful criminal prosecution later. Romney's taking a lot of damage for this already, but he's not coming off the ball.

That means to me that he stands to lose considerably more than he already has by disclosing the documents.

I've really come to dislike the fellow and I'd rather see him get his ass whipped and go to jail than just see him get his ass whipped even harder. So I say let him hold back while the CID assembles a case against him.

 

bye

(1 post)
40. The hypocrisy
Sat Jul 14, 2012, 10:27 AM
Jul 2012

of this thread and this website are interesting to say the least. Nothing but a lurker to this site of which I stumbled onto last week. Correct me if I am wrong, but isn't this the same game oBama played just 4 years ago? Maybe rMoney, mittens, or mitty will release the remaining returns after they have been thoroughly and properly doctored.

fishwax

(29,346 posts)
43. for the record, Obama put his tax returns on the internet during the primaries four years ago
Sat Jul 14, 2012, 11:32 AM
Jul 2012

"Correct me if I am wrong, but isn't this the same game oBama played just 4 years ago?"

In what way? Obama's campaign released years of tax returns (dating back to 2000, iirc) in April of the campaign season.

Very nice of you to register in order to call the thread and website hypocritical, but your information and speculation are simply wrong.

Moosepoop

(2,075 posts)
44. OK, I'll correct you since you're wrong (but you knew that).
Sat Jul 14, 2012, 11:43 AM
Jul 2012

No, President Obama did not hesitate to release his tax returns when he was first running for president four years ago -- in fact, he was the first of the candidates at the time to do so, releasing his returns from 2000 forward in March of 2008.

I have no clue what your reference to "doctored" returns is supposed to be about. You simply made it up as you did the notion that Obama "played the same game" as Romney four years ago.

By your user name and the content of this first post of yours, I'm assuming that you don't anticipate being here long. You are most likely correct on that, at least.

Bye.

PATRICK

(12,397 posts)
42. Romney pleads the fifth on financial disclosure
Sat Jul 14, 2012, 10:48 AM
Jul 2012

This would be a nice meme resolution to the impasse(stonewalling too impolite, too reminiscent of retro-Nixon days when it mattered?). The meme would leave both sides frozen honestly in place so we can move on to a) a nice campaign meme("dummying" up) b) a nice slew of routine criminal investigations c) the real importance of the underlying issues(job destruction profiteering, offshore accounts, etc.).

Bravo to a rare instance of the Dems successfully pushing, against media fraud and pressure and GOP favoritism, for an attack meme with legal teeth in it. Maybe they might recall the power of the law and dissemination of truth needs responsible champions.

This isn't the Grassy Knoll. This is a candidate for the presidency with the simple records refusing to clear things up. The answers are there. Whether it is the principle involved or the guilt, Romney is hiding the evidence.

cstanleytech

(28,477 posts)
45. Well there are two other options for why Mitt could be doing this.
Sat Jul 14, 2012, 05:28 PM
Jul 2012

#1 Mitts using it to build up a story with the media like Bush did with his service record and then he releases it so it makes the media look like gullible fools and it will then pretty much quash any future news flat.

#2 Mitts trying to take the eye off someone else like perhaps his wife and her taxes? After all if the media and the public are focused on Mitt then they wont be looking into other places as much where the bodies are really buried in Mitts closet.

hughee99

(16,113 posts)
49. Presidential candidates should release at least 10 years of tax and medical records.
Sun Jul 15, 2012, 05:46 PM
Jul 2012

So the people can be sure that they're not hiding anything recent, at least.

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