Montana Politics US Politics

Mitt’s Dirty Taxes

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Here’s what’s irksome about Mitt Romney’s refusal to release his taxes: he wants to keep things secret.  At this point, I’d hope most voters know that he’s withholding his tax returns and is the only candidate to do so since, what, the 1960s?!  So, either he’s clutching them like a roman candle to release in a last minute flourish showing how American he is paying his fair share, but of course, like many of us in Montana, likes his privacy, or, and more likely, his campaign has assessed his taxes and found that releasing them would do more harm to his campaign than keeping up this iron veil of privacy.

This tiny issue speaks to Romney as a whole: he keeps secrets, even if they hurt.  If elected, he’ll hold damaging information from the public, rather airing the dirty laundry and then trying fix the problem.  Everyone makes mistakes, even the President (shocking, I know!), and the American people can be forgiving of a few oopsies as long as the official is honest and working toward a solution.  So Mitt, if you want to do better with independent voters, release your taxes and don’t apologize for being rich.  Psst… we all know you’re more Daddy Warbucks than every-man.

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jessefranzen

I love Montana.

27 Comments

  • Romney has released his 2010 return and is going to release is 2011. However, from reading your missive it would seem otherwise.

    Aren’t the issues a tad bit more important than this red herring? Just today there was the warning from the CBO: http://www.washingtonpost.com/business/economy/recession-imminent-if-fiscal-cliff-of-tax-hikes-budget-cuts-not-averted-cbo-says/2012/08/22/05727792-ec86-11e1-9ddc-340d5efb1e9c_story.html

    In its report Wednesday, the CBO warned that the nation would be plunged into a significant recession during the first half of next year if Congress fails to avert nearly $500 billion in tax hikes and spending cuts set to hit in January.

    The spending cuts are the automatics if Congress fails to act. The tax hikes are all Obama’s.

    • Actually, both the spending cuts and the tax hikes are automatic. The tax hikes are because the 2001 & 2003 Bush tax cuts were both set to automatically expire in 2010. President Obama and House Republicans reached an agreement in late 2010 to postpone the automatic hikes until 2012. These tax increases have been scheduled far longer than the spending cuts.

      If you want to blame someone for the tax hikes, credit probably goes to Bush, who proposed the ten-year tax cut in the first place. If the budget surplus they enjoyed in 2000 disappeared by 2010, Congress had a chance to revisit the tax cuts. If you want a Democrat to blame, I suggest the late Sen. Robert Byrd, who created the Senate procedural rule that prevented the tax cuts from extending beyond the 10-year budget window.

      • The ten years was used because that is the maximum length of time that thy could be set in motion under reconciliation. Unlike Democrats, Republicans managed to evade the filibuster. Either Obama or Romney will extend them. They were meant to be and will be permanent until we have a meaningful change of leadership.

      • Nice misdirect, Craig, but Romney not releasing his tax returns is hurting him even with his own party. Romney can’t afford to lose any more voters – he is already behind.

      • Maybe I’m just not getting your razor sharp subtleties here, Craig, but Obama has released his tax returns.

        If you really want to compare oranges to oranges, where is Mitt Rmoney’s birth certificate, HMMMMM?

    • Tommorrow s/b exciting to watch the financial markets after the CBO warning sinks in. Seems far more important than the tax return nonsense. Will Obama roll over on tax increases?

      • Uh, a few notes Craig:

        1) via Krugman:

        “What the CBO says is that allowing the Bush tax cuts to expire and the sequester to kick in would hit the economy hard next year — because it would lead to a sharp fall in the deficit while the economy is still depressed. It’s pure Keynesianism, the same point that all of us anti-austerians have been making for years. If the right was at all consistent, it would be denouncing the CBO report for failing to take into account the impact of a lower deficit in deterring the invisible bond vigilantes and encouraging the confidence fairy.

        But whaddya know: suddenly the deficit is not an issue.

        Of course, it has been obvious all along that the whole deficit-hawk pose was insincere, that it was all about using the deficit as a club with which to smash the social safety net. But now we have a graphic demonstration.”

        2) The “tax increases” are not tax increases. They are Bush’s tax cuts expiring. Congress, not Obama will have to do something about them, if something is to be done. And Congress has nothing to do with Mitt’s tax returns. One does not preclude the other.

        3) Dow, -.88%; Nasdaq, -66%; S&P -.81%.

        Why the declines? From CNNMoney:

        “Stocks fell Thursday, as worries about a global growth slowdown resurfaced following weak manufacturing reports and a surprise increase in the number of U.S. jobless claims.”

        Not a word about the CBO report. Strike three, you’re out.

  • Top ten things Obongo needs to release.

    Maybe there needs to be some trading?

    10. State senate papers. In the 2008 primary, Obama criticized Hillary Clinton for not releasing papers from her eight years as First Lady–but failed to produce any papers from his eight years in Springfield. “They could have been thrown out,” he said.
    9. Academic transcripts. His supposed academic brilliance was a major selling point, but Obama (by his own admission) was a mediocre student. His GPA at Occidental was a B-plus at best, and his entering class at Columbia was weak. Can he prove his merit?
    8. Book proposal. Obama’s literary agent claimed he was “born in Kenya”–for sixteen years. His original book proposal exists–biographer David Maraniss refers to it–and seems to have embellished other key details of his life. Yet it has never been released.
    7. Medical records. In 2000, and again (briefly) in 2008, GOP presidential candidate Sen. John McCain released thousands of pages of his medical records. Obama, who had abused drugs and continued smoking, merely provided a one-page doctor’s note.
    6. Small-dollar donors. In 2008, the McCain campaign released the names of donors who had contributed less than $200, though it was not required to do so. But the Obama campaign refused, amidst accusations it had accepted illegal foreign contributions.
    5. The Khalidi tape. In 2003, Obama attended a party for his good friend, the radical Palestinian academic Rashid Khalidi. The event featured incendiary anti-Israel rhetoric. The LA Times broke the story, but has refused to release the tape–and so has Obama.
    4. The real White House guest list. Touting its transparency, the Obama White House released its guest logs–but kept many visits secret, and moved meetings with lobbyists off-site. It also refused to confirm the identities of visitors like Bertha Lewis of ACORN.
    3. Countless FOIA requests. The Obama administration has been described as “the worst” ever in complying with Freedom of Information Act requests for documents. It has also punished whistleblowers like David Walpin, who exposed cronyism in Americorps.
    2. Health reform negotiations. Candidate Obama promised that health care reform negotiations would be televised on C-SPAN. Instead, there were back-room deals worth millions with lobbyists and legislators–the details of which are only beginning to emerge.
    1. Fast and Furious documents. After months of stonewalling Congress, Attorney General Eric Holder asked President Obama to use executive privilege to conceal thousands of documents related to the deadly scandal–and Obama did just that.

  • I am so tired of reading “Ya, well he needs to release…” BS. The fact is, Romney is hiding his tax information from the American Public. There is no rational reason for him to do so unless they contain information that A) will look bad to the American Public (likely) or B) contain things that are questionably legal (possible). The simple fact that he is hiding them suggests he is not the right man to hold the Checkbook for the United States Government. Congress budget’s the money, but the President’s Administration spends it and if Romney is playing fast and loose with his own finances, what is to suggest he won’t do the same with America’s.

    Moreover, I am equally tired of hearing that he will release his current tax information at “a later date”. That is, again, bullshit. I have serious doubts that he will ever release that information at this point and all the protestations to the contrary mean nothing. Either he has that information and won’t release it (again likely) or he is holding that information with the “promise” to release it later as a means of bypassing the argument.

    Romney needs to come clean on his tax history…. Period. His failure to do so is reprehensable and this fiscal conservative will NOT vote for him because of it.

    • That does it, but I’m sure he doesn’t read this blog.

      I’ll call him and get the releases.

      We don’t want to lose the “fiscal conservative” Dillon MT vote.

      • Snark aside, Ingy, but right now he needs all the vote he can get – including the fiscal conservative vote in Dillon MT. There are those that will vote for him anyway because he is a Republican. There are those that will vote for him because he isn’t Obama (those people are pretty much one in the same, but I digress). What he won’t get is the independant or libertarian vote because of things like this. His numbers are plummeting and I don’t see them getting much better before November. Once again, you will are on the losing side pandering to someone that simply won’t matter after this election.

        • Yeah right, likely voters says it’s a tie, in August.

          Stolen quote: “”When has an incumbent candidate ever won when he is tied with his challenger on election eve? The answer is never – at least in the age of polling that began in the 1930s,” says Larry Sabato, director of the University of Virginia’s Center for Politics.
          Going over the final polls, he writes in the latest issue of his Crystal Ball e-newsletter, the most impressive finding is that the Gallup poll, for the first time in its seven-decade history, has given its final prediction as a tie: 49 percent for Bush, 49 percent for John Kerry, 1 percent for Ralph Nader and 1 percent divided among the Libertarian, Constitution and other tickets.”

  • The Newest Argument for Mitt Romney not releasing his Tax Returns…. Its against my religion!

    And the Romney side show on taxes goes full Tilt!
    ~Sigh~

    His father was such a good man. What a shame Romney is such a Dingle-berry on the Buttocks of Republican Politics!

    http://www.washingtonpost.com/blogs/plum-line/post/romney-releasing-tax-returns-would-violate-my-religious-privacy/2012/08/24/333ec2d0-edfc-11e1-afd8-097e90f99d05_blog.html

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