Mr Romney....Show us your tax returns

Mr Romney owes the American people a complete disclosure of his tax returns for at least 12 years, the same as his father provided when he ran for president.

I don't know about you but I want to see Mitt Romney's tax returns.  I know that I pay a lot of taxes every year.  My tax rate is a lot higher than Mr. Romney's.  The disparity in our tax rates make me want to know just how favorable the tax loopholes purchased by the super wealthy are.  How fair is it that on his $20 million in income he paid less than 14%?  I am a small business owner and cannot even begin to get my tax rate that low.  I also look at my IRA into which I can contribute approximately $6K per year and wonder how in the heck did he get over $100 million in his?  There's something corrupt in our tax code when huge benefits accrue to those who need them the least.

I don't think this is a partisan issue.  We need to have a bright light shine on the inequality in our tax code and the huge corruption in the elite class that are able to "buy" special favors through their contributions to our elected officials.

I especially am furious that those that are the richest get to classify their earnings as "investment" income and pay a 15% tax rate when all those who work for a living have to pay the graduated income tax rate.  Again, this is so unfair.

Know what I think?  I think the "rich" are concerned that we, The People, are having an opportunity to see how things really work in this country.  The blinders are coming off and I think we're horrified! 

Mr. Romney's refusal to disclose his tax returns, as is customary in presidential races, shows an arrogance and complete disdain towards the American people.  

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Ann August 08, 2012 at 05:02 AM
LIKE LIKE LIKE oh this isn't facebook...
Ed August 08, 2012 at 11:45 AM
What has not been said is this. There are no such things as tax loopholes. The tax code is the tax code. When someone brings up "TAX LOOPHOLES" they are simply saying, "Thats a deduction that only the rich can get". Who do you think wrote the tax code? The better accountant that you have, the less taxes you pay. That is a fact. I doubt Romney or any smart business owner uses TurboTax. If the TAX code allows for Romney to have SECRET accounts and he has not broken any laws, then good for him. Why should he pay more than he legally has too. I pay the least amount of taxes as possible and try to take advantage of every deduction possible. So, if Romney has complied with the 2,000+ pages of tax code, then there is NO issue. As far as I know, the IRS hasn't levied any charges against him, so his returns must be legal and acceptable to the IRS. I'll bet anyone on this site that Romney has contributed more to CHARITY in one year than OBAMA, BIDEN, PELOSI and REID combined in the entire lifetime.
Ed August 08, 2012 at 11:52 AM
Rose, if you want to get a glimpse into the rarified world of the rich, then watch the TV show - lifestyles of the rich and famous. Just because Romneys is rich, don't be a hater. When OBAMA was pressed to produce his birth certificate, he did, two years into his term. So, if Romney gets elected, in 2 yrs, he can release his tax returns. The real question is, which 10yr old did OBAMA get to create his Birth Certificate that he produced on Photoshop.
Ed August 08, 2012 at 12:00 PM
Hey Dan, I remember all of us Repubs asking for his birth certificate before the election. 2 yrs into his term, he produced something that my 10yr old could have made on photoshop. Just ask yourself one question, why would someone refuse to produce their birth certificate? If someone asked me for mine, i could produce it within 1 hour - the original, not a copy.
Lisa Gaines August 08, 2012 at 12:24 PM
some of the above comments suggest that being poor=dumb??? Mitt was born rich. He was not "smart enough" to get rich.
lyn August 08, 2012 at 12:56 PM
But maybe his Harvard education and degrees have enabled him to use his "smarts" to accumulate wealth that people are sooooo jealous of. Heck, I wish I had some of it! Before you knock going to Harvard, remember Obama also went there.
joe ponikarovsky August 08, 2012 at 01:14 PM
i love this argument. show me one presidential candidate who has ever produced any of those documents. let alone a long form birth certificate, like obama has. fair is fair, indeed.
joe ponikarovsky August 08, 2012 at 01:25 PM
tom, people went on and on about his birth certificate forever. it was in the news constantly for years, just the same as this. i agree patrick that it doesn't make a ton of difference at this point. there's way too much questioning and shadiness already for me. it just reeks of another rich guy, who i'm sure would do his best to look out for other rich guys. rather than someone who has nothing to hide. not to mention all the off-shoring of funds to protect them and to invest in what he believes is a more superior currency. doesn't strike me as someone who believes in america. smart move, sure. but do you want that guy running the country? would you want a CEO running a company that buys as little stock as he has to, but urges all the employees to?
Ed August 08, 2012 at 01:53 PM
Lisa, he may have been born rich, but he is smart enough to stay rich. how many people are out there that either are born rich or became rich, then pissed it all away. I'd rather have a guy in the white house that is a capitalist and not a socialist.
lyn August 08, 2012 at 02:03 PM
Rose- Your main concern seems to be his IRA. What kind of info do you think you will find out about his IRA from his 1040's? Are you going to want to examine the last 12 years of all of his brokerage accounts as well?
lyn August 08, 2012 at 02:13 PM
Do you know much about IRA's? Do you know that a person can rollover a 401k, among other things, into an IRA? Do you know much about taxes and what info is on a 1040?
lyn August 08, 2012 at 02:21 PM
FYI- Course IRA 101 - Your IRA balance is NOT just a total of annual contributions to a savings account!
lyn August 08, 2012 at 02:50 PM
Your question shows that you lack much knowledge of taxes. So, just what do you hope to do with the tax returns once you see them? You obviously lack the ability to analyze them. Of course you will see big numbers - but will you be able to properly interpret them?
Brandon Scullion August 08, 2012 at 02:55 PM
all I am hearing is Blah Blah Blah Blah. Your wrong, I'm right. Blah blah blah blah.
Dan Marol August 08, 2012 at 08:33 PM
Jean - Please tell me if that laundry list of documents that you want to see from Obama is standard fare for a president/presidential candidate to relase? I don't even recall any other president releasing his birth certificate, do you? You're trying to make a comparison, but it doesn't fly. Presidential candidates have always released years of tax returns, and so has Obama. Romney does not want to release more than a year or two. That is the difference.
Dan Marol August 08, 2012 at 08:34 PM
On the other hand, Jean, it sounds like if Obama did release all of the documents that you requested, you would believe them to be fake anyway, right?
Dan Marol August 08, 2012 at 08:45 PM
Ed - Here is the difference. It has been standard fare for decades for presidential candidates to release years of tax returns...normal procedure. Mitt decided to show only one (maybe two) years. Suddenly (for reasons we can assume), the right wing wanted to see Obama's birth certificate. This request is unprecedented. However, if you feel that this should be a law going forward for all presidential candidates to produce a birth certificate, then I don't have a problem with that at all....just as long as its the same standards for everyone.
lyn August 08, 2012 at 09:02 PM
Dan- You are missing a big difference - not at all like the difference you point out. Releasing those 12 years of tax returns is not required. And, even if you don't like the info you would find in them, it would not disqualify him from becoming president. BUT, the birthers have suspicions or grounds, legitimate or not, for believing that Obama does not have a real birth certificate to prove he is a natural born citizen. And this would mean he is not eligible to be President of the United States - a much more severe revelation than having oodles of money and paying taxes at a low rate.
Rose Petsche August 08, 2012 at 09:53 PM
Tom, I am having trouble in responding to this post. At first I didn't think I should address your post. After all, after a senate campaign, after a presidential campaign and 3 years as president, if there were anything to your conspiracy theory it would have come out by now. That's all I really have to say.
tom m August 08, 2012 at 11:12 PM
rose again I could care less about the conspiracy theory angle of the documents its the point that he refuses to release them and the media says nothing BUT when romney wont release 26 years worth of tax records the media gets all shark attack on him (double standards)
Dan Marol August 09, 2012 at 12:38 AM
Lyn - You've got to be kidding me. I know releasing tax returns is not required, as I said, it has been standard practice for decades. If it was normal for presidential candidates to release their long form birth certificate, and Obama didn't want to, then yes, that would raise red flags with me. You say the birthers suspected that Obama wasn't born here, and that is reason enough for Obama to show his birth certificate. How about some left wingers suspecting that Romney did something shady with his off shore money (I'm not necessarily saying he did), and want to see his tax returns? If there is something very shady in there, then yes, that could disqualify him from being president. Based on your argument, Mitt should release them, right? Or, how about I start a movement demanding to see Romney's birth certificate....would you then advocate Romney showing his? What if the next Democrat running for president doesn't want to show his tax returns, either. Would you applaud him, or attack him?
lyn August 09, 2012 at 01:09 AM
RE:"How about some left wingers suspecting that Romney did something shady with his off shore money (I'm not necessarily saying he did), and want to see his tax returns?" There is already a safeguard in place to see his tax returns. Did you ever hear of something called the IRS? Now you don't trust them or their audits? And, regarding Obama. A bit more serious. You are right, though. An accusation doesn't mean he should have to show it. But, if I were him, I would want to put all this question of my legitimicy to office to rest. There will always be a large percent of the population who wonder if he really was entitled to be pres. About any others and their tax returns - what do I care? So long as they show what is required and I know the IRS is in place to audit them.
lyn August 09, 2012 at 01:16 AM
By the way - I have voted for both dems and republicans. In this election, I will be voting for the lesser of 2 evils, or put another way, against one candidate. In other words, I'm not really in favor of the one I'm voting for - but he is the best candidate on the ballot. And, the ballot will have a mix of both parties I'm voting for - different offices. So lay off the partisan garbage.
Dan Marol August 09, 2012 at 01:56 AM
No, Lyn, I haven't heard of the IRS...please educate me (you're firing on all cylinders tonight). Did you ever hear of the Hawaiian Department of Health who verified that Obama had a birth certificate on file and that he was a citizen? Don't you trust them? By the way, Lyn, in case you have not been informed, Obama did end up showing his full form birth certificate, but that still hasn't satisfied the nut cases out there. I think you are just as guilty with so called "partisan garbage", as you argue over and over how Obama should show any record that people ask for, and that Romney doesn't need to show his tax returns, because all it will show is that he made a lot of money. That's not partisan? By the way, I am not a 100% Obama fan. I am voting for him, because I think Romney is not the answer to our problems. However, during the Republican primaries, I was in the Jon Huntsman camp and would have certainly considered voting for him, but he had no hope as he was not a flame-thrower like the others to satisfy the base. On a serious note, if I was Romney, and I knew that I would be running for president (which he's known for years), I would certainly close all of my off shore accounts from tax shelter countries and bring the money back to the U.S. It just looks bad, while not illegal, to want to be President of the US and have a lot of your fortune hiding from taxation in the U.S.
lyn August 09, 2012 at 02:11 AM
I'm not a birther - just saying what I would do if I were him to make sure my legacy was well written. Huntsman was the one we wanted in our household too! And, agree on the offshore accounts - I would bring the money home. And say we need to change the laws to make it more favorable to have people keep money here.
John McMillan August 09, 2012 at 02:49 AM
Jeeeeez, where do you get this "jealous" schtick? Has nothing to do with "jealousy." Like the other poster, I think that someone who hides his money in other countries, does not sound like someone who believes in America, and that I would like to put my trust in as our President. Sure, we'd all like to be rich, but I'm not condemning him simply because he's wealthy.
John McMillan August 09, 2012 at 02:49 AM
You're right, Brandon...
tom m August 09, 2012 at 06:20 AM
WAIT ......new and better news story on huffington post .......Mitt Romney Started Bain Capital With Money From Families Tied To Death Squads
Ed August 09, 2012 at 01:39 PM
Dan, wether or not its been a standard for candidates to release tax returns is not the point about the birth certificate. If a guy named Juan Gonzales ran for president, I'd like to see his birth certificate. I think it should be standard policy for ANY presidential candidate to produce a birth certificate. WHY, because its the only office that requires the person running for it, must be a natural born citizen. To be perfectly honest, It is shocking to me that proof of citizenship is NOT required. If there is any doubt about where someone was born, its is a legitimate question and the documents must be produced - and not just a blurb in the paper saying Barry was born.
Meadow Lane November 22, 2012 at 04:10 PM
Has anyone, this week, been seeking out Mitt Romney’s views on the Gaza crisis? Have there been calls to put him on a plane and have him sit down with Benjamin Netanyahu or Mohamed Morsi, and sort things out? Hillary Clinton handled that instead, and we seem to have a ceasefire. The urgent questions about Romney have been whether that was really him, photographed blurrily, pumping his own gas, or what he and Ann thought of Jacob imprinting on Renesmee in the new “Twilight” movie—which they saw over the weekend—and which vampire coven reminded them most of the Republican primary field. Last month, Romney was talking about the near-psychic bond he had with Netanyahu; that may have been nice for them, but it hardly seems to matter anymore to anyone else. By the time there was a ceasefire deal, on Wednesday, the Romney radar was alive to reports of a trip to Disneyland with his wife and grandchildren. There's lots to celebrate this Thanksgiving. At the TOP of my list is that THIS TURKEY was not elected... Go Obama! Onward and upward! Read more: http://www.newyorker.com/online/blogs/comment/2012/11/romneys-republican-disneyland.html#ixzz2Cy3grAfZ


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something