Releasing tax returns is so much a part of running for President nowadays that when a candidate refuses to disclose it immediately raises the question: What is he or she trying to hide?
Mitt Romney, easily the richest candidate in the dwindling field of GOP presidential hopefuls, refuses to release his tax forms.
Why? Good question. What is the former Massachussets governor hiding.
We already know he is rich. We know he made a fortune from Bain Capital. So what’s the big secret?
Romney, after weeks of stonewalling, agreed Tuesday to release his most current tax return but not the ones for previous years. That could prove a problem if he becomes the GOP nominee because President Barack Obama released six years of tax returns in 2008 which forced a reluctant Hillary Clinton to do the same.
Romney says the law does not require him to release tax records. He’s right but the law is not the guiding factor in presidential elections. It’s public perception that a candidate who withholds tax returns has something to hide.
- Romney Says His Tax Rate Is ‘Closer to 15%’ (newser.com)
- Democrats call on Romney to release tax returns – Boston Herald (news.bostonherald.com)
- GOP Debate Audience Applauds Perry’s Call For Romney To Release Tax Returns (thinkprogress.org)
- Gingrich Ups Pressure on Romney to Release Tax Returns (blogs.wsj.com)