Tuesday, July 17, 2012

What's Romney Hiding in His Tax Returns?


What's Romney Hiding in His Tax Returns? - Businessweek

National Review Calls for Romney to Release Tax Returns

Romney Dismisses Republican Calls to Disclose Tax Returns

Eugene Robinson: Problems of Mitts Own Making


OK, my hunch is that Romney is hiding something, probably several things, in his tax returns back to 2000-2001.  He probably paid little on no taxes some of those years (2008-2009), he put a lot of money in offshore accounts to avoid taxes, he has over $100 million in an IRA (retirement account) which is questionable if not illegal, he also likely reported income from Bain Capital, during the time he claims he was not connected with Bain at all, and when they "outsourced" a lot of American jobs.

And this is all another reason why Mitt Romney was the worst candidate the GOP could pick in this election (for the GOP).  Romney exemplifies everything WRONG with capitalism today: "collateral debt obligations," "credit default swaps," outsourcing,  growing inequality and poverty, low taxes on the rich while the debt grows, calls for austerity for the working class, but more tax cuts for the corporate rich...  they couldn't have picked a worse candidate (well, there's Sarah Palin, but even she's looking pretty good to the the GOP right now..)

Romney may be toast.. the GOP is panicking.. they may need to withdraw his nomination and choose another candidate at the GOP Convention.  I'm going out on a LONG, SMALL limb and predict now that if Romney is forced into releasing his pre-2010 tax returns, he will NOT be the GOP nominee.

Jim D. Maynard

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