Dana Bash (CNN) says her source can confirm Reid's tax allegation

[Fuddnik]

132. I ran the question past a friend of mine, who would know better than us. I was half right.

He replied last night. He's the former head accountant for one of the largest corporations in the world, and he now has accounting firms in four cities.

First, my question.

"I'm having an argument with someone over Rmoney's tax returns. And
you're just the guy who can settle it.

Hypothetically, if Romney paid zero taxes (legally) for the last 10
years or so, I say to lessen his embarrassment, and scandal, that he can

have his accountants sanitize his previous returns by filing amended
returns, dropping a shitload of deductions, credits, and exemptions and
whatever else he claimed (legally), and pay a shitload of taxes to cover

it all up. Then, the amended returns become the official, legal returns,

and for all legal purposes, the previous returns never existed.

This is assuming that the previous returns were not fraudulent.

Who is right?


His reply:

Not so easy an answer....
First....he can only go back three years so the prior seven would not be
changed.
Second....yes ....he can file amended returns for the three years and he
does not have to take his justified deductions.....but.....it would have
to be done carefully so it would not be discovered by critics that he
filed a frivolous return......and have them attack his ploy of trying to
cover up to get elected. Also, the Firm that prepared them would have to
worry about filing false returns.....if they knew what he was
doing.......
Third.....The IRS would probably not attack the phony returns since he
would be paying more than he has to pay........
Fourth.....It is possible that the IRS would accept the prior seven
years returns adjusted but it would have to publish the facts....not
likely.
Several other problems come to mind........talk about
flipflopping.....wow...........
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And just for the record, even with his CFO and CEO background, he identifies more with blue collar people, and hates Romney's guts.