General Discussion

NNN0LHI

(67,190 posts) Sun Jul 15, 2012, 11:07 AM Jul 2012

Bill Kristol: Mitt Romney 'Should Release The Tax Returns Tomorrow

http://www.huffingtonpost.com/2012/07/15/mitt-romney-tax-returns_n_1674325.html

The Huffington Post | By Lucia Graves Posted: 07/15/2012 10:54 am

WASHINGTON -- Political analyst Bill Kristol added on Sunday to conservative criticism of Mitt Romney's failure to release multiple years of tax returns, saying the presumptive Republican presidential nominee should bear the political consequences of his tax record.

"He should release the tax returns tomorrow. It's crazy," Kristol said on "Fox News Sunday." "You gotta release six, eight, 10 years of back tax returns. Take the hit for a day or two."

Kriston also called on Romney to engage in a "serious" debate with President Barack Obama over capitalism and redirect the political conversation back to the president's record on the economy.

The comments come after mounting pressure for Romney to release more than a year's worth of returns, something that's become common practice for presidential candidates. While Romney has released only his 2010 tax returns and an estimate for his 2011 filing, Obama has released tax records dating back to 2000. Romney's own father, George Romney, disclosed 12 years' worth of tax records when he ran for president in 1968.

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This is going from bad to worse.

Don

16 replies

= new reply since forum marked as read

Highlight:

Bill Kristol: Mitt Romney 'Should Release The Tax Returns Tomorrow (Original Post) NNN0LHI Jul 2012 OP

"Take the hit for a day or two." BumRushDaShow Jul 2012 #1

I think the hit more likely is how little taxes he actually paid Tom Rinaldo Jul 2012 #4

I would think the issue would be BumRushDaShow Jul 2012 #11

The hit would last more than a day or two I suspect. Tennessee Gal Jul 2012 #2

Please Willard...... Sedona Jul 2012 #3

The Faux round table started with VP selection which was so boring.. even for the commentators. DCBob Jul 2012 #5

Romney's not a fan of the "stop the bleeding / when you're in a hole stop digging" concept. Amerigo Vespucci Jul 2012 #6

Entitled pricks always expect to malaise Jul 2012 #12

I think the returns will show two things. Avalux Jul 2012 #7

Mitt to Bill Kristol: "Are you nuts?" kentuck Jul 2012 #8

I'm conflicted Zyzafyx Jul 2012 #9

I don't want Romney to release them NNN0LHI Jul 2012 #13

That is an excellent point Don! kentuck Jul 2012 #14

We all know what he's hiding Zyzafyx Jul 2012 #16

I'm freakin' lovin' it!! malaise Jul 2012 #10

If he relases them at all, Mitt will release his returns on a Friday in the late afternoon Jack Rabbit Jul 2012 #15

BumRushDaShow

(129,161 posts)

1. "Take the hit for a day or two."

Reply to NNN0LHI (Original post)

Sun Jul 15, 2012, 11:09 AM

Jul 2012

The hit may land him in prison Bill!! Or don't you get that by now?

Tom Rinaldo

(22,913 posts)

4. I think the hit more likely is how little taxes he actually paid

Reply to BumRushDaShow (Reply #1)

Sun Jul 15, 2012, 11:13 AM

Jul 2012

The multi year returns probably show that 2010 was the hgh water mark for actually Romney paying taxes - and he already has taken big heat for his 2010 tax rate.

BumRushDaShow

(129,161 posts)

11. I would think the issue would be

Reply to Tom Rinaldo (Reply #4)

Sun Jul 15, 2012, 11:24 AM

Jul 2012

the discovery of his tax shelters that weren't reported and other things. I.e., http://www.irs.gov/businesses/article/0,,id=180946,00.html

Hiding Income Offshore

Not reporting income from foreign sources may be a crime. The IRS and its international partners are pursuing those who hide income or assets offshore to evade taxes. Specially trained IRS examiners focus on aggressive international tax planning, including the abusive use of entities and structures established in foreign jurisdictions. The goal is to ensure U.S. citizens and residents are accurately reporting their income and paying the correct tax.

Tennessee Gal

(6,160 posts)

2. The hit would last more than a day or two I suspect.

Reply to NNN0LHI (Original post)

Sun Jul 15, 2012, 11:10 AM

Jul 2012

There is a reason he won't release them and it is probably because whatever is in them will expose him to more charges, whether criminal or ethical.

He is in deep doo doo and he knows it. They all know it.

Sedona

(3,769 posts)

3. Please Willard......

Reply to NNN0LHI (Original post)

Sun Jul 15, 2012, 11:12 AM

Jul 2012

please please please please please please please please take Bill Kristol's advise. Bill Kristol, who has been WRONG about EVERYTHING.

DCBob

(24,689 posts)

5. The Faux round table started with VP selection which was so boring.. even for the commentators.

Reply to NNN0LHI (Original post)

Sun Jul 15, 2012, 11:15 AM

Jul 2012

Then once it turned to Bain it got interesting. Romney is in trouble... even with many in his own party.

Amerigo Vespucci

(30,885 posts)

6. Romney's not a fan of the "stop the bleeding / when you're in a hole stop digging" concept.

Reply to NNN0LHI (Original post)

Sun Jul 15, 2012, 11:16 AM

Jul 2012

He thinks he's gonna double down and be a petulant little shit and come out on top.

Good luck with that, Willard. Good LUCK.

malaise

(269,072 posts)

12. Entitled pricks always expect to

Reply to Amerigo Vespucci (Reply #6)

Sun Jul 15, 2012, 11:25 AM

Jul 2012

be rescued - they usually get their daddies to pay for shit to go away.

Fugg you Willard! You're up shit creek without a paddle - the Obama team play great chess. Willard is a cornered rat.

Avalux

(35,015 posts)

7. I think the returns will show two things.

Reply to NNN0LHI (Original post)

Sun Jul 15, 2012, 11:16 AM

Jul 2012

He continued to receive a salary from Bain well beyond 2002; and with all his funny money business, didn't pay taxes at all for an extended period of time.

He has to release those returns; can't wait to hear how they're explained.