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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat Has Romney Gotten Away With?
Even right wing TNR wonders:
Romney's Secrecy: Did He Get Away With It?
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"......In January, in a South Carolina debate just before that state's primary, Newt Gingrich hit Mitt Romney hard for releasing barely any of his tax returns: Look, hes got to decide and the people of South Carolina have to decide. But if theres anything in there that is going to help us lose the election, we should know it before the nomination. And if theres nothing in there, why not release it? The audience applauded, and when Gingrich proceeded to trounce Romney at the polls the following Saturday, voters told me that Romneys secrecy about his tax returns was part of their decisionthey didn't necessarily care what tax rate Romney paid, but they didnt like his declaration that it wasnt any of their business.
Back then, it seemed only a matter of time before Romney would buckle to pressure and release a critical mass of returnsif not the 12 years worth that his father released when he ran for president, then at least, say, five or six. But here we are, with just five days until the election, and Romney has released no more than the two years he agreed to release back during the primaries. This has left voters in near-total darkness about basic questions about his very recent past.
As tax experts have noted, there are any number of reasons why Romney doesnt want to release more of his taxesits possible he participated in an IRS amnesty program for secret foreign bank accounts; its more possible he gamed the system to avoid taxes on his huge retirement account and his sons $100 million trust fund, or that he paid very, very low rates these past couple years as a result of a tax code that favors people like him whose income is mainly taxed as capital gains.
(In releasing his belated 2011 returns in September, Romney asserted, without providing any evidence, that he had not paid an effective rate lower than 13 percent during the past decade.) Just this week, Bloomberg News offered a new shred of insight, into the way that Romney used the Mormon church to shelter some of his investment gains from taxes. But the fact is, barring some future leak, we're simply not going to find out what was so worrisome in Romneys taxes from only a few years ago.
Not only that, Romney hasunlike candidates Barack Obama, George W. Bush and John McCainrefused to identify his bundlers,the hundreds of people who have each raised hundreds of thousands of dollars for him. This has, among other things, spared him the sort of stories that Obama's had to contend with, looking at the unsavory connections and interests of his fundraisers.
And, of course, Romney has provided exceedingly scant detail on basic elements of his platform, such as how he proposes to replace the Affordable Care Act and the Dodd-Frank law, both of which he says he will do away with, and how he plans to make up the revenue lost from cutting tax rates by 20 percent across the board. The candidate has not answered any questions from reporters in the past three weeks.
In essence, Romney has managed to make it through an entire presidential campaign having openly flouted longstanding norms of disclosure by candidates. This raises some important questions, ones I'm surprised are not being asked more widely in the campaigns closing days (among the few to do so was veteran political correspondent Tom Edsall, with this sharp critique last week).
For the campaign press: how could it have allowed Romney to get away with stiffing it, and has it allowed him to establish a damaging precedent for future candidates?
For the Obama campaign: could it have done a better job of prodding Romney into disclosure? And for Romney himself: was the secrecy really worth it?
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http://www.tnr.com/blog/plank/109464/romneys-secrecy-did-he-get-away-it
oldhippydude
(2,514 posts)it looks like he will loose this election, otherwise he might set a "new norm".. that has disturbed me this whole campaign.. the man has essentially ran a whole campaign without being vetted.. that is unconscionable for someone running for the office of POTUS..
ProudProgressiveNow
(6,129 posts)Angry Dragon
(36,693 posts)Tumbulu
(6,272 posts)To bring in as much money as possible. So Romney has been allowed every possible allowance to keep the appearance of a tight race up and therefore their revenues and profits up.
hfojvt
(37,573 posts)The McCain and Kerry campaigns both managed to avoid much disclosure. By their spouses, who were the main money holders of the family.
And actually, the information we already have about Romney's taxes should be good enough to make serious hay with, but we do not seem to be trying to make that hay. http://www.democraticunderground.com/?com=view_post&forum=1002&pid=1167192