Mitt: I Won't Release My Tax Returns
Obama campaign blasts Romney for keeping returns secret
By Rob Quinn, Newser Staff
Posted Dec 23, 2011 3:01 AM CST
Updated Dec 23, 2011 5:00 AM CST
"I don’t intend to release the tax returns. I don’t,” Romney told an interviewer.   (AP Photo/Mark Lennihan)

(Newser) – Mitt Romney says that even if he becomes the Republican nominee, he has no intention of releasing his tax returns, reports the New York Times. Romney—one of the richest men ever to run for president—would be alone among nominees of recent decades if he fails to release his returns. If released, the returns would put the spotlight on Romney's immense wealth, and would probably reveal that he only pays 15% capital gains tax on the millions of dollars he makes every year from Bain Capital, the private equity firm he helped found, the Huffington Post notes.

The campaigns of Romney's Republican rivals were silent about his most recent comments on the issue, but President Obama's campaign pounced. "Mitt Romney is defying a practice to which every party nominee, Republican and Democrat, has adhered for decades," the campaign's press secretary said. "Even his father, George Romney, disclosed his tax returns when he ran for president in 1968. Why does Governor Romney feel like he can play by a different set of rules? What is it that he doesn’t want the American people to see?"

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Showing 3 of 131 comments
bennocap
Dec 24, 2011 9:55 AM CST
There are a lot of idiots who say he should release his tax returns. Have you thought about the reason for doing so? It is to make sure he is not getting money from foreign governments and other unethical sources. I believe he should release the information, however, it should be after he is elected. Otherwise, all he is doing is giving ammo to his opponents. Does that make sense to anyone? I have a problem with Pres Obama. No, it doesn't have to deal with race. It is the fact that he deliberately delayed in releasing his birth certificate. What about the issue of him getting a scholarship in the US for being foreign born. If he has nothing to worry about, he should have done it immediately. He also has no experience, Community Organizer... really. Sorry, he's also has a law degree. Like that should really help. All that does is make him understand how to get around the law. If it wasn't for the media, he would have been elected. By the way, all media biased in one form or another. Although, the majority here in the states is liberal. The liberal idiots want to think he's a genius. Obviously, it is now proven that he is not. All he has done is push a socialist agenda. If any of you morons believe that is a good idea, look at Europe. Of course, you will retaliate and say, look at the shape of the US. We have issues, every country does. Just keep in mind, that bankers and corrupt politicians have seriously damaged our country. If they acted ethically, none of this would have happened. We should fire them all and put term limits on Congress & Senate. Career politicians are doing nothing but making themselves rich. They are doing the same thing the unions are doing. Taking a little of everyones money and putting it into their own pockets. Wake up and cut the umbilical cord. Get your mouth off the tit. Make your own way and get off your ass. Your have the right to do whatever you want in life. Not the right to think you deserve it without earning it.
DontLikeYou
Dec 23, 2011 6:46 PM CST
Newser Dictionary: Troll - Anyone who disagrees with a leftist.
GeorgeFrank
Dec 23, 2011 4:38 PM CST
Romney is not acting as though he is at all familiar with politics. The longer he refuses to disclose his income, the more bizarre rumors will circulate -and haunt him. As with Obama:Until he released his birth certificate, at least 30% of Republicans did not believe he was a citizen. When he finally released it, only 10% believed he wasn't a citizen. The speculation about Romney's fortune will reach a damaging crescendo right around the time of the presidential election-the Dems will see to that. If he accepts politics the way it really is, he will release whatever the numbers are as far before the election as possible. The rumors will be a lot more damaging than the real numbers.