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I think that Romney's "punished for success" line will run out of steam. Even if it somewhat deflects the matter at hand, it also reminds people that he is extremely wealthy when most voters are not.
I agree with b_b. If I were a Dem strategist, I'd keep hammering him for hiding money offshore.
Blackspeare · 4300 days ago · link ·
What about those 1040's that show he paid no tax????
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He is definitely between a rock and a hard place vis-a-vis his returns. Either he can release them and have people dismayed at how little money he gave the gov't as a percentage of what a mind-blowing sum he hauled in. Or he can keep them secret and let all of us speculate about how little he paid the the gov't. Its ironic that his dad set the gold standard for how many years of returns a politician should release when running for office. I believe it was 12. My guess is that his accounting is borderline illegal and his calculation says that it is better to let the world think you're a criminal than for the world to know you're a criminal.
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thenewgreen · 4286 days ago · link ·
- My guess is that his accounting is borderline illegal and his calculation says that it is better to let the world think you're a criminal than for the world to know you're a criminal.
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Blackspeare · 4286 days ago · link ·
The tax code in the USA is unbelievably complicated. When first introduced it was a small simple tax on total income and even then some very famous people left the USA rather than pay it among them Charlie Chaplin. But as the economy grew, the federal income tax became became a vehicle to grow business, purchase homes, encourage investment, and became mired with loopholes as Congress played to each of their constituency. Eventually the tax code will have to be changed even though they are many sacred cows hidden in the myriad of pages.