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Did Mitt Romney not pay any taxes for a decade?

Original post made by Tax Payer on Jul 13, 2012

Mitt's dad set the gold standard for politicians when he released 12 years of tax returns, since then, every major presidential candidate has released years of returns.

Mitt Romney gave John McCain 23 years of tax returns in 2008 as a veep candidate prospect. McCain then chose an unqualified unknown over Mitt - was there something in the tax returns?

Today, Senate Leader Harry Reid said:

"His father, George Romney, set the precedent that people running for president would file their tax returns, let everybody look at them," Reid said. "But Mitt Romney can't do that because he's basically paid no taxes in the prior 12 years."

UPDATE: At a press conference later in the day, Reid reportedly had more to say about Romney:

'He not only couldn't be confirmed as a cabinet secretary, he couldn't be confirmed as dog catcher,' Reid told reporters at a Capitol press briefing, in response to a question from TPM. 'Because a dog catcher, you're at least going to want to look at his income tax returns.' Web Link

Did John McCain say something to harry in the senate cloak room a few years ago?

Something like:

☆ Reid: "Johnny boyo, why the heck did you pick her, of all people?!?"

☆ McCain: "Harry, you old dog, I would've picked Mitt, but the dude hasn't paid taxes in years - you'd have a stroke if you saw his returns!"

Well, they chose mild mannered Harry Reid, the Casper Milquetoast, the ol' Elmer Fudd of the democrat party to throw down the gauntlet.

There it lies.

This is the election, right here, folks. Seminal moment. Release the returns Mitt, or it is over, along with any chance of taking the senate. Every day he waits is going to kill him. Sharks are in the water.

Comments (61)

Posted by Ken, a resident of Midtown
on Jul 13, 2012 at 3:46 pm

Sounds like the Dems are running scared! When it gets to "RELASE YOUR TAX RETURNS!", it is desperation time.

8.2% unemployment. College grads with very little chance of landing a job...moving back in with Mom and Dad. And the Dems say, "Release your tax returns". Pretty obvious stuff.

Posted by Barney Fields, a resident of Downtown North
on Jul 13, 2012 at 3:54 pm

Info could have come from anywhere, like a disgruntled Romney aide, or even just a bluff by Harry Reed.

But I bet it was McCain or his people - in the 2008 election, Romney was widely despised by the GOP field. There's an incident described in the book Game Change about the candidates in a 'room', doing their business before going on stage to debate, talking amongst themselves and mostly about Romney, when the Governor walked in and a stony silence fell.

McCain was pretty ticked off at Romney for prolonging the 2008 primary. McCain's been called a vengeful guy with a long memory before, and he's pretty unhappy about a lot of things including his campaign finance law being flouted.

My bet is McCain, with payback.

Posted by obvious solution, a resident of Barron Park
on Jul 13, 2012 at 4:00 pm

Pretty obvious stuff is right. So obvious that every other candidate has done it.

Release 12 years like his father.

We already know about the cayman islands accounts. We already know abouth the swiss bank accounts. We already know he paid 13% total on 40 million in income. We already know he gives most of his charity to his church.

Nothing to hide. Make Harry Reid eat his words and take away the majority from him.

Posted by college transcripts, a resident of Menlo Park
on Jul 13, 2012 at 4:28 pm

Waiting for the far right fringe to demand Romney release his transcripts, um I mean tax returns.

After all, a long form birth certificate will prove he paid his taxes, ummmmmm......

Mitt, its time big fella. Nayeli and Perspective want to see your tax returns. If they can call for Obama's college transcripts as some sort of conspiracy, then surely they wouldn't be hypocritical enough not to demand tax returns.


Posted by Sharon, a resident of Midtown
on Jul 13, 2012 at 5:31 pm

We sure hope Obama keeps up these spurious attacks on Romney.

Of course Obama cannot run on his own record of his achievements in jobs, the economy, the national debt .

Obama is desperately trying to change the topic from the- Economy-

by trying to " swift-boat" Romney the Obama campaign is showing desperation and panic--keep it up

Posted by Barney Fields, a resident of Downtown North
on Jul 13, 2012 at 6:43 pm

Sharon - it's not spurious, nor desperate if they are working. Actually, the swing state polls show Obama is scoring with the attacks. Mitt just needs to release the tax returns and therefore the source of the attacks end.

Obama learned by watching Mitt Romney in the GOP primary. He saw Mitt go 6 to 1 on attack ads. Would have been silly for Obama to wait for Romney to do the same to him.

Having McCain leak these rumors is the serious issue. The GOP knew Romney would breed dissension in the party.

Posted by Sharon, a resident of Midtown
on Jul 13, 2012 at 7:04 pm

Todays latest shows them neck and neck-so Obamas swift-boat is a big fail

the issue is The US Economy

"The Rasmussen Reports daily Presidential Tracking Poll for Friday shows President Obama attracting 46% of the vote, while Mitt Romney earns support from 45%.

Five percent (5%) prefer some other candidate, and four percent (4%) are undecided."
Web Link

again-we encourage the Obama campaign to ratchet up its negative "swift-boat" strategy because it is really helping Romney-big time-

Crank it up-it is clearly a losers strategy

Posted by middle class, a resident of Adobe-Meadows
on Jul 13, 2012 at 7:29 pm

Taxes are for the middle class. The tax system is gamed to let the one percenters hide all their profits. That is why they are called TAX SHELTERS! Duh.

Posted by Barney Fields, a resident of Downtown North
on Jul 13, 2012 at 9:25 pm

Sharon, please re-read my post. I said polls in the swing states, not the Rasmussen or Gallup daily trackings. The swing state polls started tipping away from Romney a week and a half ago.

If you think this environment is helping Romney, please explain why he went on all the networks today to defend against it. That's a FIRST for him.

No argument from me about the economy being the top issue. But reality has intruded the last couple weeks and the Governor is playing defense in a big way. That's why they leaked the Condi story to Drudge - to deflect.

My guess is the democrat party smells blood in the water with the tax returns, the outsourcing and the cayman island shelters. They aren't going to stop until the governor makes them stop by releasing the returns. Frankly, I don't get what he is hiding. We all know he is wealthy. Geez, they have a million dollar dressage horse in the Olympics. That's already baked into the numbers and won't hurt him.

Why won't he release them?

Posted by Perspective, a resident of Greater Miranda
on Jul 14, 2012 at 6:21 am

LOL: Can't run on a record, can't run on a plan, so..let's gin up smears on "tax returns" and "outsourcing".

I don't care what Mitt Romney, or anyone, does with his privately earned money. I don't care if Romney followed the law and placed his money anywhere. I can guarantee if he hadn't paid some taxes, we would all know it by now. I can guarantee that everything he did has been legal.

I care what Obama and the Dems and RINOS are doing with OUR money, our CHILDREN's money and our GRANDCHILDREN's money, especially the illegal parts.

If politicians had to account for their false financial promises like private corporations, everyone who votes for unfunded promises would be in jail.Instead, they live a life of luxury on our tax dollar.

I am DONE.

Posted by Crescent Park Dad, a resident of Crescent Park
on Jul 14, 2012 at 6:25 am

Interesting how opposition tactics evolve. This is not the first time we have had wealthy candidates and/or sitting presidents. For example, both Bush 1 & 2, JFK, FDR. All of a sudden it is a bigger deal.

Posted by Perspective, a resident of Greater Miranda
on Jul 14, 2012 at 6:30 am

Agreed, CP Dad. Somehow, Kerry's wealth ( not earned, married into) was no big deal. JFK's wealth (not earned, inherited) no big deal. Reid's wealth ( how did he get so rich off a Congressional salary?). Pelosi's wealth ( again..what??). And don't look at donations! And Obama's net worth is over 10 million now..on a "salary" of $400,000/year. Wow..somehow magically having a net worth of more than twice what you earned is not on the scope. Why? Because rightwingers don't care how much someone earns, whether by luck, work, or inheritance. It is THAT person's.

But Romney's wealth, EARNED, along with years of volunteer work, and millions in THAT is bad!

Posted by Sigh, a resident of College Terrace
on Jul 14, 2012 at 8:00 am

"But Romney's wealth, EARNED, along with years of volunteer work, and millions in THAT is bad!"

It's not his wealth that is bad, but the fact that he is trying to come across as a "man of the people". Honestly, I would be more supportive of Romney if he just came out and said, "Yeah, I'm elite and wealthy. Get over it."

I think he's trying to use the George Bush playbook to connect with the public, but doesn't have the personality to pull if off. I wish he would stop trying.

Posted by Barney Fields, a resident of Downtown North
on Jul 14, 2012 at 10:11 am

Who (who of any consequence, not anonymous posters here) has said wealth is bad? I missed those quotes, please share them!

Talk about a straw man! Really, Perspective, that's a shameless deflection indicating you've got nothing to add to the discussion.

The only candidate not to release his/her tax returns is going to draw attention. The attention has arrived.

Governor Romney may choose to not release his tax returns, going against the norms established bu his father 40 years ago, norms followed by Reagan, Dole, both Bush, McCain, etc. - Romney even gave 20+ years of tax returns to McCain.

Voters then may choose between the illusion of transparency vs someone hiding something. Voters will then listen to accusations like Reed and see nothing offered to disprove them when the solution is very simple. Every candidate releases their returns, why is Governor Romney so special? Does he feel entitled above and beyond all other candidates? Or is he hiding something? Does it go beyond Swiss bank accounts and Cayman Island shelters and dummy corporations?

That's why Rromney is facing steady erosion in swing state polls. The tax returns on top of the Bain date questions are adding up and removing Romney from his only message - the economy. Once his Bain record is suspect, Romney has nothing else, as he refuses to run on his record in Massachusetts, for obvious reasons.

***This is the game changer*** You are witnessing it in slow motion in front of you.

It forced Romney onto all the networks this weekend. That's a first. He is probably stuck releasing some more returns (my guess is a couple year, I do think there's something in them that is politically unpalatable) sooner or later. The longer he drags it out, the worse the narrative gets.

Posted by hates successful folk, a resident of East Palo Alto
on Jul 14, 2012 at 10:26 am

perspective, Obama made much of his money from 3 best selling books. That allowed him to pay off his student loans. Also his wife was very successful. Why do you hate hard working successful folk?

Agree that perspective is using wealth as a straw man on the transpaency of tax returns. Romney is hiding something HUGE otherwise he would release them. Or maybe he has daddy issues like Dubya.

Perspective... Do you think Barack Hussein Obama is an American?

Posted by wealth is smokescreen, a resident of Adobe-Meadows
on Jul 14, 2012 at 11:14 am

The wealth thing is not the point, dude gotta show his taxes. The other posters are wrong anyway. Romney had given more to his trust fund babes than the other proesdents are worth, lika hundred mill.

Rmoney made 40 mill last year and only paid 12 percent. Being loaded ain't the issue. Hiding stuff is. It ain't the crime, its the cover up. Well for lighter folk dat is. Fer everyone else its the crime that gives ya time.

Dude hiding something whyelse won't he show it

Posted by Sharon, a resident of Midtown
on Jul 14, 2012 at 9:45 pm

The Obama groups are desperately trying to change the topic from his failed policy on the Economy and Jobs.

Falsely accusing Romney of a felony-- could mean very big trouble for the Obama group-

-It is too late for them to walk back from this false allegation-such false allegations may, in fact, be a serious Federal crime-

we will see soon

Posted by Ha, a resident of Adobe-Meadows
on Jul 14, 2012 at 10:57 pm

Sharon, that's a good one - I'm sure they are terrified about that.

I don't think Romney committed felonies, but I do think he has a lot of trouble explaining his complicated business life. I also don't really understand why he won't release his taxes - it is just tables stakes for being presidential candidate.

Posted by wealth is smokescreen, a resident of Adobe-Meadows
on Jul 15, 2012 at 9:45 am

Sharon, what does hiding tax returns have to do with Rmoney lying on SEC documents?

They are different issues.Bain was outsourcing jobs when Romney signed the SEC documents saying he was CEO and owner.

Is that the felony Mitt committed?

He should relase the answers. The tax returns.. what is he hiding?

Posted by whiner, a resident of Adobe-Meadows
on Jul 15, 2012 at 9:46 am

Romney needs to quit whining. He can't claim that Bain is his great American success story and then claim that he had no involvement with the company. A real leader takes responsibility for his actions, good and bad. America knows this. Why is Romney such a wimp?

Posted by Barney Fields, a resident of Downtown North
on Jul 15, 2012 at 10:12 am

Whiner - McCain agrees, as do most Republicans - we can't stand him! That's why the rumor of McCain leaking the tax return info to Harry Reed.

John Boenher said last week the only ones who love Mitt are a certain small group and a couple close friends in the one tenth of one percent club. The rest of the party, 95% of the GOP are holding their nose when they vote for him, if they actually get out and vote at all.

Here it is: "Mitt Romney has some friends, relatives and fellow Mormons ... some people that are going to vote for him." Web Link

Almost the entire party would choose someone else as a nominee at this point. Rick Perry and Newt Gingrich warned the party about Mitt.

Santorum: "Pick any other Republican in the country. He is the worst Republican in the country to put up against Barack Obama"

Santorum: "uniquely disqualified"

For those who claim the race is close - it isn't. The swing state polls are starting to reflect the devastating ads like this: Web Link

That is a destructive ad. That ad and what it represents, combined with not releasing tax returns, is a death blow to the GOP in 2012 - for president and down-ballot.

Time to get a white knight candidate in Tampa at the convention, someone who won't lose by 100 electoral votes like McCain.

Republicans Unite! Revolution in Tampa, ride Mitt out of town back to Massachusetts - save the party with a convention floor fight and pick a real candidate! America depends on it!

Let's at least get a candidate we can trust once he is elected.

Posted by Ken, a resident of Midtown
on Jul 15, 2012 at 10:57 am

[Post removed by Palo Alto Online staff.]

Posted by raison d'etre, a resident of Atherton
on Jul 15, 2012 at 2:59 pm

The Romney raison d'etre for his being a good candidate for president is he is a rich dude who made big bucks, paid his taxes and will create jobs for America. All good things.

If he is suddenly running away from his bio, what does he have left? A failed governorship that gave us Obamacare?

I feel that the primaries never gave me a chance to choose a good solid Republican nominee. I should have donated more before the California primary -- it was already over by then. I'd like to see Rick Santorum or Herman Cain get a vote at the convention. Either one stands a better chance against Obama and the democrat party.

Posted by Nixon, a resident of Nixon School
on Jul 15, 2012 at 3:39 pm

what is Romney hiding that is worse that every other guy that ran for president?

Posted by whiner, a resident of Adobe-Meadows
on Jul 15, 2012 at 3:45 pm

Does Romney really pay taxes on the millions of dollars he has stashed in offshore bank accounts? Why is he hiding his bank account and tax records?

Posted by Ken, a resident of Midtown
on Jul 15, 2012 at 6:06 pm

It is clear that Romney is hiding something, no doubt. Those tax returns are proof of it. I know, because the Daily Kos tells me so.

In the meantime, the unemployment rate is 8.2%, and the deficit and debt are at record levels. Explain that one.

Posted by whiner, a resident of Adobe-Meadows
on Jul 15, 2012 at 7:20 pm

Unemployment is high because of the Bush recession. National debt and deficit are still recovering from the failed hunt for WMDs in Iraq. How many trillions of dollars did that cost?

Posted by Barney Fields, a resident of Downtown North
on Jul 15, 2012 at 8:36 pm

Ken's deflecting. Let him start a new thread and then we can inform him of the bush/cheney job losses of 800,000 per month, and Obama creating 4 million new private sector jobs over the last 28 months.

One notes he mocks the fact his guy is the only candidate to not release his taxes.

Yet he still wants to see a long form birth certificate.

One post was censored and two of his deleted entirely today. Ignore him.

We need a real Republican to take over at the convention. Not another Bush/Cheney on steroids.

Posted by Ken, a resident of Midtown
on Jul 15, 2012 at 8:52 pm

>Unemployment is high because of the Bush recession

Still blaming Bush, eh?

It is well beyond time for Obama to man up and take the blame for his own failures.

8.2% unemployment, probably heading north.

No wonder we have this deflection to side issues, like Romeny's taxes.

Posted by Mike, a resident of Midtown
on Jul 15, 2012 at 11:02 pm

yo kenny

every other politician releases their returns

rmoneys father released 12 years, can't u read??????

whynot show the returns? what is he hiding?

Posted by why not?, a resident of Barron Park
on Jul 16, 2012 at 8:21 am

Does anybody know the official reason for not releasing a decade of returns?

Posted by Barney Fields, a resident of Downtown North
on Jul 16, 2012 at 9:01 am

"why not":

Romney went on Fox today and gave his official and unofficial reasons:

- official: John Kerry's wife is a big bad boogeyman who never released her taxes.

Ummm, Mitt, John Kerry released 20 years, even more than your father's 12 years. Pony up, big boy.

- unofficial reason: Mitt knows there's something bad in there and said as much on Fox: "people keep on wanting more and more and more, more things for their opposition research to pick through and make a mountain out of"

Mitt - there is either something to hide, or there isn't. If there isn't, there won't be any mountains, will there?

We must keep pressing so we see them before the convention and if necessary pick a new candidate. Hopefully we can - Rick Santorum looks better all the time.

Santorum: "Pick any other Republican in the country. He is the worst Republican in the country to put up against Barack Obama"

Right now Mitt has a mountain - he is the only candidate in DECADES to not release multi-year tax returns. It appears he is obviously hiding a lot, why else would an otherwise smart campaign create such a ruckus to hide this?

Posted by Williard , a resident of Meadow Park
on Jul 16, 2012 at 9:12 am

Like the so called conservatives always say about cameras and phone taps - if ya got nothing to hide, if ya done nothing wrong, then ya got nothing to worry about.

Mitty calls himself severely conservative, what's he hiding?

Posted by Be careful what you wish for, a resident of College Terrace
on Jul 16, 2012 at 10:23 am

"t is well beyond time for Obama to man up and take the blame for his own failures.

8.2% unemployment, probably heading north. "

Actually, unemployment is high because of significant job losses in state and local governments. The private sector is adding jobs. Smaller government = job losses.

Posted by Ken, a resident of Midtown
on Jul 16, 2012 at 12:40 pm

> Smaller government = job losses.

Not if the private sector is allowed to grow, without confiscatory taxation. As Kennedy said, "A rising tide raises all ships/boats".

Taxing millionaires is a prescription to reduce new hires, period. Even then, the amoung of direct tax income from the millionaires is a drop in the bucket. Class warfare is political hucksterism.

Obamaites are desperate. They have no answers, so they descend to a hail mary pass attempt. It won't work.

Posted by foolish pick, a resident of Portola Valley
on Jul 16, 2012 at 1:22 pm

Ken deflects some more, trying to divert the discussion to the discredited laffer curve, trickle down fallacies that cutting taxes create jobs. Hilarious anyone still peddles that garbage.

To quickly eliminate that canard: Clinton raised the top tier tax rate and created 23 million new jobs. Under Bush and Obama, taxes on the wealthy are at an all time low for our lifetimes, with Bush leaving office losing jobs at 750,000 jobs a month. Obama's only created 4 million new private sector jobs in the last 2 1/2 years - not nearly enough to off set Bush's losses.

Cutting taxes does not create jobs. Bush proved it.

Back to the topic: Mitt needs to release his taxes. There is BI-PARTISAN agreement that Mitt needs to be transparent. Many elected republicans, the last two RNC chairs, plus many, many strategists and consultants who make their living on the GOP brand and don't want to see it ruined by Mitt's petulant, childlike holding his breath to till he turns blue to get his way.

* Republican uber conservative Bill Kristol to Romney: "Here is what he should do: he should release the tax returns tomorrow. It's crazy. You've got to release 6, 8, 10 years of back tax returns."

* Republican and Former RNC Chairman and Mississippi Gov. Haley Barbour: Barbour told CNN Tuesday that he would release the returns if he was in Romney's shoes. "I would."

* Republican Alabama Gov. Robert Bentley "I think he ought to release everything. I believe in total transparency. You know if you have things to hide, then you may be doing things wrong."

* Republican Rep. Walter Jones (NC): (he is the "Freedom Fries" guy!) "I think he should release his financial records and I think if he does it in July it would be a lot better than in October," adding "Obviously people know he's rich, nobody holds that against him," Jones said, but added, "whenever you are asking for the vote of the American people that you need to fully disclose what your holdings are, if you have any." ... but he said Romney should release the last 6 -7 years of records.

* Republican Rep. Pete Sessions (TX), who chairs the House Republican re-election effort: "His personal finances, the way he does things, his record, are fair game," Sessions said. ... he called the issue a "legitimate question."

* Republican and former RNC Chairman Michael Steele: "If there's nothing there, there's no 'there' there, don't create a 'there.' Put out as much information as you can. Even if you don't release 12 years worth of tax returns, at least three, four, five. "

* Republican strategist John Weaver said, "Stop demanding an apology, release your tax returns."

* numerous other Republican strategists and consultans have called for release

And finally, let's also not forget that when President Obama sends the Senate a nominee for a cabinet post, Senate **Republicans** require the nominee turn over at least three years' worth of tax returns. By Senate GOP standards, Romney wouldn't even be eligible for a confirmation hearing.

Romney is not qualified by GOP standards.

Why the heck did the tea party fools pick this guy?

Dumb, stupid, foolish pick for a nominee.

Posted by Ken, a resident of Midtown
on Jul 16, 2012 at 1:41 pm

>To quickly eliminate that canard: Clinton raised the top tier tax rate and created 23 million new jobs.

During the boom and 'peace dividend'. Days long past.

There will not be another peace dividend, because the cold war is over, and cannot be won again. In fact, defense spending will be forced up, not down.

Can we have another boom? Heck if I know, but it won't happen if we raise taxes on investors, who take the risks.

The Obamaites are running scared.

Posted by Ken's hurting, a resident of Mountain View
on Jul 16, 2012 at 2:18 pm

Ken the deflector, prevaricating and evading to the best of his abilities! Not even attempting to hide his pivots anymore!

Who's running scared? Ken, who won't address the dozens of Republicans listed above calling for Romney to release his returns and quit hiding behind Ann Romney's skirts.

The polls are turning. Composite swing state polls have Obama up 100-130 votes, even with Rasmussen and Gallup included. While a lot of swing states are still close, many of them have Romney below the mid 40's and some down to 40 or 42. That is a lot of ground to make up when the candidate is hiding a big time secret in his tax returns.

Maybe this was the game changer Barney was talking about. It sure has Ken running scared!!!

Ken - do you support Romney? Was he your first choice?

Posted by Alice, a resident of Duveneck/St. Francis
on Jul 16, 2012 at 2:34 pm

Donald trump just told Miit to release them.

When you lose that jerk, the tide is really against you.

Ken hates Romney, he is just so unhappy he can't figure out what to say about him as the out-sourcer-in-chief.

Posted by Ken, a resident of Midtown
on Jul 16, 2012 at 3:11 pm

Obama team: Promise 5.6% unemployment by mid 2012, if we get our stimulus package. They got it.

Current unemployment rate: 8.2%.

If I had that record, I would be talking about my opponents's taxes too, unless I had something better to talk about, like a sex scandal.

Posted by Sharon, a resident of Midtown
on Jul 16, 2012 at 3:35 pm

The tax swift boating has run out of steam and is now back-firing-big time.

The Obama campaign is now accusing Romney of committing felonies


The election will be about the Economy, Jobs and the National Debt.

Obama does not want to talk about those topics because he failed to fix them.

Romney has a record of competence and achievement in both business and politics.

Obama has a record of promises -- hope and change-jobs- solvency-etc which he failed to achieve.

As Hillary Clinton said in 2008-"Shame on you Barak Obama "

The election is about


2/The Economy

All the rest is senseless bickering.

Posted by Etch-A-Sketch, a resident of East Palo Alto
on Jul 16, 2012 at 4:15 pm

Alice and Barney: wow, you and the other posters have Ken and Sharon pegged! They can't touch the tax return issue!

Love Sharon's lies - Romney was a success as a governor????


The dude was a loser!

He never brings it up because he was a failed one term governor. He saw the polls for reelection and ran away, much like Alice said, behind Ann's skirts. Next week, she flies to London to watch their million dollar dressage horse in the Olympics. Poor Mitt won't have ann to hide behind that week, but he'll be okay. What a common man he is!

So common in fact, that he takes more in tax deductions for his horses than Ken and Sharon earn in a year!

Total failure. Romney's slowly slipping but the corporate media isn't reporting it yet. Even Romney's pollsters admit it. Search for the stupid statement by Romney's Neil Newhouse and how Romney's not losing as bad as McCain yet.


This is the worst campaign staff ever.

Romney Campaign - Home of the Etch-A-Sketch!! And "we're only losing by a little so far!"

Release the returns so we can see how many taxpayer dollars are subsidizing Ann's horse habit.

Posted by Ken, a resident of Midtown
on Jul 16, 2012 at 5:12 pm

Barack Obama embraced Jeffrey Immelt, CEO of GE, the largest single outsourcer of jobs by a single company in U.S. history. BTW, GE paid zero (0) corporate income tax last year to the U.S. government.

Maybe that is another reason for the Dem's deflection to Romney's tax returns. Can't we at least get a good sex scandal going on here?That would be entertaining.

8.2% unemployment..., probably getting worse.

Posted by Ken's hurting, a resident of Mountain View
on Jul 16, 2012 at 5:21 pm

Taxes? Getting closer, Ken. GE and Exxon haven't been paying taxes for years - look it up before you post your drivel. A quarter to a third of the Fortune 500 doesn't pay taxes on a given year.


Ken is now looking at TAX RETURNS finally! yea, we knew your attention deficit/distraction would let you focus on Romney's TAX RETURNS eventually.

Obama has created 4 million hobs in the last 2+ years, the rate is going down. And it is WAY LOWER in the swing states, which is why Romney is doing so poorly in most of them.

Now his failure to do the basics that candidates do, to even meet minimum expectations, will cost him dearly.

What is so embarrassing in his tax returns?

Ken - do you like Mitt Romney? Do you love him as your candidate?

or would you rather the convention pick someone else?

Someone who will do what every candidate does - show his tax returns.

Ken and Sharon have a long list of Fox and tea bag party talking points to try and distract from the topic thread - giving an ipod to the queen, college transcripts, long frm birth certificate, etc...

They can't touch the topic thread - tax returns for every presidential candidate.

Posted by Ken, a resident of Midtown
on Jul 16, 2012 at 5:34 pm

8.2% unemployment. No amount of deflection will alter that fact, no matter how hard the Dems try to deflect. The real level of unemployment, including those who have quit trying, or who are severely underemployed, is much higher, and we all know this.

8.2%..and the Dems are desperately crying about Romney's tax returns (from their playbook, handed to them on a daily basis by Dem blogs). They could be trying to explain why the Obama program failed so badly, but they have no answers. At least give me a good sex scandal, like Clinton!


Posted by indefensible Mitt, a resident of Charleston Gardens
on Jul 16, 2012 at 6:03 pm

Ken - start an unemployment thread and have at it. Be happy to take the time to point out your errors.

One can't help you are on a TAX RETURN thread and have been completely afraid to defend the indefensible - a presidential candidate whose father gave 12 years of returns, who gave 23 years of returns to McCain, yet will not share with American taxpayers the most basic information.

Completely indefensible and Ken proves it every post.

Every time Ken ignores it, it makes the issue seem worse, just like Romney - every day leads more American taxpayers to wonder....

... what is Mitt hiding?

How bad is it?

Posted by Sharon, a resident of Midtown
on Jul 16, 2012 at 6:57 pm

In fact, Romney gave McCain 10 years of his tax records when McCain was vetting him for VP-there was nothing out of order with his records.

Romney is compliant with the tax laws-and is now neck and neck with Obama in the latest polls-and is raising more money from voters.

Obama is in desperate panic mode-frantically trying to change the topic from his terrible record on

1/ The Economy
3/The National Debt

He has had 4 years to deliver and perform and he has failed-end of story

Seal Team Six, the CIA and the Pentagon killed OBL-

-Obama just showed up from his golf game to watch the video and for a photo op.

Posted by my guess, a resident of Adobe-Meadows
on Jul 16, 2012 at 7:30 pm

My guess on Mitt's tax records is that in 2009, he paid little or no tax. Like most high rollers, he likely had a terrible year and took write-downs to soften the blow and offset gains, and ended up with little or no taxable income. During the boom years (2004-08) he was likely minting money, as mega-buyouts surged.

But if that's the worst of it, it actually isn't that bad. One has to wonder if it will be an anti-climax when it finally comes out.

Posted by Ken, a resident of Midtown
on Jul 16, 2012 at 8:19 pm

8.2% unemployment. The tax thing is a desperation play, in order to avoid the 8.2%

Think about it: 8.2% unemployment! A failure, by any standard, by Obama. No way around it.

Posted by silly or stupid?, a resident of Barron Park
on Jul 16, 2012 at 10:16 pm

This is silly, he should just release them. We all know he made a ton of dough and hardly paid any taxes.

This is a stupid way to lose an election. Just release the damn things.

Posted by Keep looking at the smoke and mirros, a resident of Greater Miranda
on Jul 17, 2012 at 5:37 am

Top Ten Reasons To Dislike Mitt Romney:

1. Drop-dead, collar-ad handsome with gracious, statesman like aura. Looks like every central casting's #1 choice for Commander-in-Chief.

2. Been married to ONE woman his entire life, and has been faithful to her, including through her bouts with breast cancer and MS.

3. No scandals or skeletons in his closet. (How boring is that?)

4. Can't speak in a fake, southern, "black preacher voice" when necessary.

5. Highly intelligent. Graduated cum laude from both Harvard Law School and Harvard Business School...and by the way, his academic records are NOT sealed.

6. Doesn't smoke or drink alcohol, and has never done drugs, not even in the counter-culture age when he went to college. Too square for today's America?

7. Represents an America of "yesterday", where people believed in God, went to Church, didn't screw around, worked hard, and became a SUCCESS!

8. Has a family of five great sons....and none of them have police records or are in drug rehab. But of course, they were raised by a stay-at-home mom, and that "choice" deserves America's scorn.

9. Oh yes.....he's a MORMON. We need to be very afraid of that very strange religion that teaches its members to be clean-living, patriotic, fiscally conservative, charitable, self-reliant, and honest.

10. And one more point.....pundits say because of his wealth, he can't relate to ordinary Americans. I guess that's because he made that money opposed to marrying it or inheriting it from Dad. Apparently, he didn't understand that actually working at a job and earning your own money made you unrelatable to Americans.
My goodness, it's a strange world, isn't it?
Personal Information:
His full Name is: Willard Mitt Romney
He was Born: March 12, 1947 and is 65 years old.
His Father: George W. Romney, former Governor of the State of Michigan.
He was raised in Bloomfield Hills, Michigan
He is Married to Ann Romney since 1969; they five children.

B.A. from Brigham Young University,
J.D. and M.B.A. from Harvard University.

Mormon - The Church of Jesus Christ of the Latter-Day Saints
Working Background:
After high school, he spent 30 months in France as a Mormon missionary.

After going to both Harvard Business School and Harvard Law School simultaneously, he passed the Michigan bar exam, but never worked as an attorney.
In 1984, he co-founded Bain Capital a private equity investment firm, one of the largest such firms in the United States.
In 1994, he ran for Senator of Massachusetts and lost to Ted Kennedy.
He was President and CEO of the 2002 Winter Olympic Games.
In 2002, he was elected Governor of the State of Massachusetts where he eliminated a 1.5 billion deficit.
Some Interesting Facts about Romney:
Bain Capital, starting with one small office supply store in Massachusetts, turned it into Staples; now over 2,000 stores employing 90,000 people.
Bain Capital also worked to perform the same kinds of business miracles again and again, with companies like Domino's, Sealy, Brookstone, Weather Channel, Burger King, Warner Music Group, Dollarama, Home Depot Supply and many others.
He was an unpaid volunteer campaign worker for his dad's gubernatorial campaign 1 year.
He was an unpaid intern in his dad's governor's office for eight years.
He was an unpaid bishop and state president of his church for ten years.
He was an unpaid President of the Salt Lake Olympic Committee for three years.
He t ook no salary and was the unpaid Governor of Massachusetts for four years.
He gave his entire inheritance from his father to charity.
Mitt Romney is one of the wealthiest self-made men in our country but has given more back to its citizens in terms of money, service and time than most men.
And in 2011 Mitt Romney gave over $4 million to charity, almost 19% of his income.... Just for comparison purposes, Obama gave 1% and Joe Biden gave $300 or .0013%.
Mitt Romney is Trustworthy:
He will show us his birth certificate
He will show us his high school and college transcripts.
He will show us his social security card.
He will show us his law degree.
He will show us his draft notice.
He will show us his medical records.
He will show us his income tax records ( I suspect when the public is educated enough to actually understand them, since it appears most of the public are quite ignorant)
He will show us he has nothing to hide.
Mitt Romney's background, experience and trustworthiness show him to be a great leader and an excellent citizen for President of the United States.
You may think that Romney may not be the best representative the Republicans could have selected.

At least I know what religion he is, and that he won't desecrate the flag, bow down to foreign powers, or practice fiscal irresponsibility. I know he has the ability to turn this financial debacle that the current regime has gotten us into. We won't like all the things necessary to recover from this debt, but someone with Romney's background can do it. But, on the minus side, he never was a "Community Organizer", never took drugs or smoked pot, never got drunk, did not associate with communists or terrorists, nor did he attend a church whose pastor called for God to damn the US.

Posted by That User Name is already, a resident of another community
on Jul 17, 2012 at 10:00 am

That User Name is already is a registered user.

Wonderful filibuster by "smoke and mirros" above. It's a copy and paste of something on a lot of websites, don't know the copyright implications of just pasting the whole thing rather than a link.

Doesn't address why Romney hasn't yet released his tax returns, like his father did along with all other major candidates. Like Mitt did in 2008 to McCain with 23 years of tax returns (not ten, you are wrong again, Sharon - look it up.)

As the conservative Dallas Morning News editorial board puts it: "In modern presidential politics, any candidate who doesn't release several years of income tax returns is foolishly swimming upstream against public opinion and political common sense. Extensive disclosure of tax information is a rite of passage all candidates accept the moment they declare for the presidency."

But again, 'smoke and mirros' - a great filibuster!

One could take some time and correct some of the facts misstated above or highlight the ridiculous rhetoric with reality, but that's for another thread. This thread seemed to be about Romney's tax returns and the central question:

- why hasn't Mitt released them like every other major candidate? He only released hsi 2010 return.

The reason?

Mitt's contract with Bain ran through 2009.

Mitt cannot be transparent. He has too much to hide, otherwise he would show us the returns.

We all know Mitt's wealthy and pays an absurdly low percentage in taxes. We all know he has 'magical' IRA's that grow in size faster than any working person can imagine. We know he has put $100 million into trust funds for his babies, and staked one son into a hedge fund that gets his friend's business.

That's all public knowledge.

What is Mitt hiding?

How bad can it be, to lose an election over?

Posted by Perspective, a resident of Midtown
on Jul 17, 2012 at 11:02 am

Perspective is a registered user.

Tell you what. Exactly how many years of taxes beyond the legal requirement do you want to see? It is sort of like "raise the taxes on the rich" question. How much is enough? What is the cap? Is 1 year more enough? 5? 10? 20?

That is the problem with this entire charade. It is a smoke and mirror, don't look at the record of this President, look at the non-issue of Romney's tax returns.

Would it be enough to have the IRS issue a letter of "no irregularities" ever found? What about Geithner, were you upset that he had "accidentally" forgotten to pay 2 years of taxes and only "remembered" them when he was appointed? No, under the protective cover of our media, he got a pass. If Romney has a year of tremendous losses in his history, which will then be translated into "no taxes" the following year, as our tax code allows, the left will gin up the ignorant public into believing that Romney "paid no taxes". This has happened to too many of us, and I have a feeling there have been years of tremendous losses in Romney's past which led to tax credits the following year. I support Romney on keeping the records accd to the legal requirement. Our public is, frankly, too ignorant..or actually, our mainstream media too ignorant/or deliberately misleading to trust with personal records when you are in the crosshairs non-stop.

That is why we shrug. Intelligent people know what this is. Unfortunatley, Alinsky and Goebbels were brilliant and knew human weakness and how to play them...and many people are proving them right.

Posted by Perspective, a resident of Midtown
on Jul 17, 2012 at 11:04 am

Perspective is a registered user.

BTW: Brilliant propoganda title to this thread. Been meaning to add my own new thread titled "Did Obama stay in a drug induced haze for 20 years, not just 2?" Make him prove his innocence!

Posted by That User Name is already, a resident of another community
on Jul 17, 2012 at 2:49 pm

That User Name is already is a registered user.

Perspective - isn't the Dallas Morning News conservative enough for you?

"Extensive disclosure of tax information is a rite of passage all candidates accept the moment they declare for the presidency."

As posted above, aren't the last two Chairmen of the Republican National Committee conservative enough for you?

- former RNC Chairman and Mississippi Gov. Haley Barbour: told CNN that he would release the returns if he was in Romney's place - "I would."

- former RNC Chairman Michael Steele: "If there's nothing there, there's no 'there' there, don't create a 'there.' Put out as much information as you can. Even if you don't release 12 years worth of tax returns, at least three, four, five."

Romney gave 23 years to McCain and McCain decided Romney was worse than a half term governor with an unwed teenage daughter as McCain's partner for the family values party ticket.

Romney's father gave 12 years of tax returns.

Why are you using smoke and mirrors with everything under the sun to hide the fact that Romney is hiding his tax returns from American taxpayers.

Romney says he's the man to write tax policy, but will not show his tax returns!

The poster above is correct - what a stupid way to lose an election.

Obviously, this will be the last time the GOP primaries will choose a nominee who hasn't already released his returns.

Dumb, dumb, dumb.

There's a good chance that this December, you're going to look back at this moment and smack your forehead with your palm.

That must be some nasty stuff that Mitt is hiding. Really bad. What a way to lose.

Posted by Perspective, a resident of Midtown
on Jul 17, 2012 at 5:47 pm

Perspective is a registered user.

Must be some nasty stuff Obama hid, not showing his birth certificate for what..3 years? And still hiding his college grades/transcripts, his passport(s).

What is Obama hiding?

The problem is that no matter WHAT someone says "against" Romney, we can go double or nothing with Obama. I am sensing most Americans know this, and are sick of the game Obama is playing.

BTW: My bet is that Romney is not going to release the tax returns because he lost a ton of money, or one of his businesses did..which let him/them take a tax credit for a year or two, which meant no or little taxes for that year or two. Obama and the Dems would go crazy saying "Romney paid only 2% in taxes!!"...and there are enough economic and business tax illiterates who would fall for it. Much the same way GE (shhh..never talk about that!! GE is a darlin' of the left now that Immelt is the Job Czar for Obama) didn't pay any taxes for a year or two after huge losses. But that would not enter into the Obama campaign, would it? Our tax laws are our tax laws, but unfortunately there are too many morons who glom onto "offshore accounts" as if they are illegal, and would glom onto a lower tax rate one year from business losses the year before, as "proof" of tax evasion or some silliness.

Knowing the level of economic education of most people, I support Romney keeping his tax returns to himself until, when and if, he is good and ready with a plan to explain it over the screaming of the left. I gotta hand it to Obama, he has taught me the value of keeping stuff hidden...just ignore it.

Posted by That User Name is already, a resident of another community
on Jul 17, 2012 at 6:53 pm

That User Name is already is a registered user.

I just LOVE it! The full birther mode comes out! Hold your breath until you turn blue and maybe no one will notice that Romney is the only GOP nominee to not release his tax returns since his father did 45 YEARS AGO.

Romney's not releasing them because his Bain contract went to 2009, plus the usual Swiss bank account, Cayman Island shelters, etc.. but mostly the Bain deal.

More CONSERVATIVES tell Mitt to give up and release them before more damage is done to the Republican brand:

- George Will: "If something's going to come out, get it out in a hurry, I do not know why, given that Mitt Romney knew the day that McCain lost in 2008 that he was going to run for president again that he didn't get all of this out and tidy up some of his offshore accounts and all the rest."

Will said Romney is "losing [the argument] at this point in a big way"

- Matthew Dowd: "There's obviously something there, because if there was nothing there, he would say, 'Have at it,'" Dowd said. "So there's obviously something there that compromises what he said in the past about something."

"Many of these politicians think, 'I can do this. I can get away with this. I don't need to do this, because I'm going to say something and I don't have to do this,'" Dowd added. "If he had 20 years of 'great, clean, everything's fine,' it'd all be out there, but it's arrogance."

- Bill Kristol "Here's what he should do. He should release the tax returns tomorrow. This is crazy you've got to release 6, 8, 10 years of back tax returns. Take the hit for a day or two."

- And for fun, here's Rick Perry (Rick Perry is always fun!) Web Link

Perry calls for transparency, Perry has released all his returns since 1992.

You've lost, Mitt.

Release them.

Perspective - keep asking about birth certificates, passports and college transcripts, please.


Posted by Perspective, a resident of Midtown
on Jul 18, 2012 at 8:20 am

Perspective is a registered user.

I stick by my bet on why Romney isn't releasing more tax returns. Huge business losses leading to tax credits that won't be understood by most Americans and can be highly twisted ( like the Steel Mill story..GST was gonna close its doors and lay everyone off, till Bain bought them, along with others, poured in 100 million upgrading etc the factory, and turned it around for huge profits until all USA steel took a hit with the emerging Asian steel market. The union refused to make concessions, as it did at many other mills...and it went bankrupt in 2001, having had 8 more years of employment than they would have had without Bain. Oh, how strange. A few hundred miles away there is a steel mill that employs 6,500 people at an average salary of $80,000..gosh...started by Bain about the same time it was trying to save GST Steel. Odd nobody thinks of that..too busy looking at the shiny object to see the noose being looped around their necks.WSJ story on the "rest" of the Steel Mill story. Web Link

Odd, also, that it just emerged that a top bundler for Obama was in charge of Bain when the Steel mill went bankrupt, 2 years after Romney gave up all management to volunteer to save the Olympics. Web Link

Odd...gee. I wonder why Romney doesn't trust the media and public with his tax returns? After the tempest by innuendo and lies over something as straightforward as the GST Mill, I can understand his reluctance to trust the media to get it correct on tax returns.

But, I have to wonder, with the media always ready to cover for Obama, what is Obama hiding with his school records and passports? What took Obama so long to find his birth certificate? Why has there never been any outrage, let alone reporting, on Obama's ignoring Fed judges and our laws? matter. The important thing is Romney's tax returns.

Posted by That User Name is already, a resident of another community
on Jul 18, 2012 at 9:14 am

That User Name is already is a registered user.

There it is!

That perfectly describes today's Republicans for ya!

We'd be transparent but you commoners just can't be trusted to understand facts!

* "Romney doesn't trust the media and public with his tax returns"

Just trust the man who wants to write your tax code, he shouldn't show you his taxes, that's just silly! You're too stupid to understand! (rather funny that Perspective is willing to buy that...)

Now shut up and pay your taxes at a much higher rate than Mitt and vote for the only guy in half a century who doesn't trust you to see his taxes! So he can raise yours! And lower his!

23 years of tax returns given to McCain.

12 years of tax returns released by George Romney.

Ignore Perspective who is reaching so far as to try to re-litigate another Bain vulture capitalism story as yet another distraction.

Mitt, release 12 years like your papa did - time to grow up, big boy. Not one, not two. You showed McCain 23 years. We know you were in a show and tell mood with him, trying to impress him because John had 11 houses that he lived in and poor Mitt only had 6 mansions at the time.

Release twelve years.

What are you hiding from 2002?

Posted by That User Name is already, a resident of another community
on Jul 19, 2012 at 10:11 am

That User Name is already is a registered user.

Today we go from "Romney doesn't trust the media and public with his tax returns" to -

'don't ya worry your pretty little head about it darling, you commoners are so cute, why, bless your little heart!'

Mitt's wife on ABC: "We've given all YOU people need to know"

Don't worry your little head about all these silly big numbers, you're too dumb to understand!

12 years Mitt - what are you hiding from American taxpayers? Make it 13 years, go back to 1999, when you 'retroactively' claim to have retired.

Retroactive retirement, two takes:

the liberal Jon Stewart take, includes Batman/Bain - Web Link

the conservative Colbert Nation take - Web Link

Enjoy either or both.

Posted by curmudgeon, a resident of Downtown North
on Jul 19, 2012 at 1:01 pm

curmudgeon is a registered user.

"What took Obama so long to find his birth certificate?"

Where's Romney's?

Or Bush's (41 or 43?



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