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Owner59 -> Mr. Bet`ya 10,000 won`t release his tax returns?!?!!! (12/22/2011 6:03:45 PM)
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Oh really?
What is he trying to hide?
"Mitt Romney Declines To Release Tax Returns, Cementing Posture Of Secrecy "
http://www.huffingtonpost.com/2011/12/22/mitt-romney-money_n_1165595.html
In an interview that aired Wednesday night on NBC News, Mitt Romney definitively answered one of the lingering questions surrounding his presidential ambitions, saying he had no plans to release his tax returns should he win the Republican presidential nomination.
"Never say never, but I don't intend to do so," Romney said.
The statement marks an interesting point in the continuous frictions between political expedience and demands for transparency, as well as the benefits and downsides of both. Releasing his tax returns would have allowed voters to better judge Romney's financial history, as well as his potential conflicts of interest. It stands to reason that he would have gotten some credit for the disclosure, or at least less criticism for his pattern of non-disclosure.
But the tax returns would have also brought political headaches by displaying specific information about the former governor's immense wealth. They also would have likely disclosed the fact that he pays a lower tax rate than middle class voters (it is widely believed that Romney earns a good chunk of his money through capital gains).
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