In an interview with Robert Costa of NRO, Mitt Romney
explained why he doesn’t want to release any more tax
returns:
My tax returns that have already been released number into the
hundreds of pages. And we will be releasing tax returns for the
most current year as soon as those are prepared. They will also
number in the hundreds of pages. In the political environment that
exists today, the opposition research of the Obama campaign is
looking for anything they can use to distract from the failure of
the president ot reignite our economy. And I’m simply not
enthusiastic about giving them hundreds or thousands of more pages
to pick through, distort, and lie about.
I’m afraid this won’t hold water.
Look, the Obama team is going pick through, distort and lie
about Romney whether he releases his tax returns or not. In the
grand scheme of things, it’s better to get things out in the open
and let the chips fall where they may than be accused of having
something to hide.
With this in mind, it also isn’t about giving them (the Obama
team) this additional information, It is about giving the American
public this information and giving us a chance to decide for
ourselves. By saying his tax returns are hundreds of pages, he’s
saying been transparent is an inconvenience for him. Let’s put it
this way. If Romney doesn’t release additional returns this will
come up during the debates. It will most likely come up in
questioning from the media but it could also come during the back
and forth. If Romney questions Obama’s lack of transparency then
all Obama needs to say is, “And what about your tax returns?” and
Romney is immediately on the defensive.
Let’s not forget that during the GOP primary, Romney was at his
most vulnerable in January when he hedged on when he would
release his 2010 tax returns. That decision cost him South
Carolina. Once he relented, both the issue and Newt Gingrich’s
prospects quickly evaporated. Now the issue is back and it doesn’t
need to be. Where it concerns his taxes, Mitt is his own worst
enemy. If Obama can release seven years of tax returns then
Romney should release eight. Of course, it won’t satisfy President
Obama but it could help mollify voters who are currently on the
fence about Romney.
DRed| 7.17.12 @ 3:59PM
Somewhat off topic, but it's pretty ridiculous that anyone needs hundreds of pages to file a tax return.
CJW| 7.17.12 @ 4:09PM
Blame IRS. Get rid of the progressive income tax and use a flat tax or sales tax or combination. Then you do not need pages deductions, credits, etc.
DRed| 7.17.12 @ 4:51PM
You could have a progressive income tax that's far simpler than our current mess. It's not insanely complex because it's progressive.
Skippy| 7.17.12 @ 6:25PM
Yes, it is.
mike 3/505| 7.17.12 @ 4:07PM
"...it could help mollify voters who are currently on the fence about Romney."
Releasing his returns may be the lesser of two evils, but the above won't happen. Folks on the fence will be pushed to one side or the other by the price of gas on election day.
ncatty| 7.17.12 @ 4:23PM
Isn't two years of returns all he is required to release by the election laws?
Pete| 7.17.12 @ 4:31PM
It is crazy that he hasn't offered a trade: His returns for Obama's transcripts and the Fast & Furious documents. That would shut his purple pie hole.
SCPOret| 7.17.12 @ 5:27PM
Romney should hold a press conference and show up with a stack of tax returns, then put out the message that he will release a few pages at a time. But he will only release them when Obama releases his Occidental college records, his travel records, his records when he was in the Illinois senate, his records as a US senator, how he got a Connetticut Social Security number, the certified Hawaii birth certificate, etc.
That puts the shoe on the other foot and reminds the world of Obama's "Transparency".