Welcome Guest
( Log In | Register )
The time is now 7:54 pm
You last visited May 22, 2017, 7:05 pm
All times shown are
Eastern Time (GMT-5:00)

Republicans will pay the costs of Romney's tax returns

Published:

By Colby King

Washington Post 07/22/2012


Mitt Romney is not obligated to respond to Democratic demands that he release more than two years of his tax returns. He does, however, owe assurances to the delegates who will gather at the GOP convention in Tampa next month that their party nominee’s taxpaying history will not pull down Republicans in the fall.

True, there may nothing to hide in Romney’s tax returns, no questionable activities in the Swiss bank account he once held, no examples of gaming of the U.S. tax code, no politically embarrassing offshore investments.

But as Newt Gingrich said when asked during the debate in the South Carolina Republican presidential primary if Romney should release his tax returns, “Look, he’s got to decide and the people of South Carolina have to decide. But if there’s anything in there that is going to help us lose the election, we should know it before the nomination. And if there’s nothing in there — if there’s nothing in there, why not release it?”

Republicans have the most to lose if Romney is hiding something that is truly damaging. Finding out after the convention will be too late.

Fending off calls to release more tax records, Romney said, “I’m simply not enthusiastic about giving them hundreds or thousands of more pages to pick through, distort and lie about.”

Romney and his supporters are no political slouchers. With their vast campaign coffers, they should have no trouble shooting down distortions and lies.

The GOP, more than Democrats, should understand Romney’s finances. After all, they, not the opposition, will have to promote and defend their standard bearer.

The New York Times quoted Alvin Stephens, a marketing student in Bowling Green, who dismissed Romney’s argument that his tax matters and the source of his wealth are private.

“It’s his business, but it’s also our business, too, because we’re going to be trusting him with everything we are as a people,” Stephens said. “It would be nice to know why isn’t all his money in the United States. Why aren’t all of his investments staying in the United States paying for jobs in the United States?”

Republican conventioneers likely will want to know the same thing.

Entry #232

Comments

1.
Comment by scorpio - July 25, 2012, 9:27 am
i think mccain will leak what he knows sooner or later,the temptation is too big!
2.
TenajComment by Tenaj - July 25, 2012, 9:55 am
they only tell on each other in a witch hunt. half of the corruption exposed is because somebody didn't like them or they wanted something from it. they are pretty clanish. dems too.
3.
Comment by bobbya - July 25, 2012, 2:25 pm
The Republican AND Conservative nature IS To Lie! It's inbred in them! They are naturals at it as well as experts in distorting the truth etc.!

You must be a Lottery Post member to post comments to a Blog.

Register for a FREE membership, or if you're already a member please Log In.