Romney still can’t shake income tax controversy

[NNN0LHI]

http://www.mcclatchydc.com/2012/08/17/162693/romney-still-cant-shake-income.html

WASHINGTON — In a year when a sputtering economy might be expected to give him the upper hand in the presidential race, Mitt Romney finds himself on the hot seat on income taxes, fighting perceptions over whether he’s paid enough and how much he’d tilt future rates to benefit the rich.

Democrats again hammered the former Massachusetts governor Friday over his steadfast refusal to release more than one completed and one draft tax return. They also hit him over his disclosures that he and his wife, Ann, paid an average 14.6 percent of their $42.5 million in income to the U.S. Treasury in 2010 and 2011.

More than half of Romney’s income during that time came from capital gains, which are taxed at a lower rate than income.

[Ichingcarpenter]

1. And you people

And you people don't need to know anything else about it

[liberal N proud]

2. It raises serious questions!

[annabanana]

3. The longer he waits the guiltier he looks. . .n/t

[ananda]

4. Hehheh

nt

[Major Hogwash]

5. The entire tea party coalition in the House is quaking in their boots today because of it.

They think that if Romney holds to his word and doesn't release his income tax returns, he may lose the election this fall pretty badly.

But, what they are really afraid of is that he will give in and release his income tax returns and then they will all lose their jobs in the House this fall for supporting him!!!

[spanone]

6. keep holding out mitt...it's the gift that keeps giving

[CabCurious]

7. He WILL release a few more years of returns

He has to do something to try to make the story go away.

I won't be surprised if he just releases some kind of "summary" of it, rather than the actual forms.

[BumRushDaShow]

8. He told us to take his word for it...

I want to see his retroactive payments and penalties for his off-shored money in a Swiss account and taking advantage of the Tax Amnesty.