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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Mitt Romney Never Thought...

Wed Jul 18, 2012, 03:58 PM

Star Member maddezmom (130,846 posts)

Mitt Romney Never Thought He'd Have To Release Tax Returns: Bain Sources

Source: HuffPost

WASHINGTON -- Mitt Romney has been determined to resist releasing his tax returns at least since his bid for Massachusetts governor in 2002 and has been confident that he will never be forced to do so, several current and former Bain executives tell The Huffington Post. Had he thought otherwise, say the sources based on their longtime understanding of Romney, he never would have gone forward with his run for president.

Bain executives say they've been instructed to keep company and Romney-specific information completely confidential, tightening the lockdown on an already closed company.

But pressure has been building on the presumptive GOP nominee. On Tuesday, the conservative National Review added its voice to a chorus of Republicans pushing him to disclose his returns from the years before 2010.

The Obama campaign has been hammering Romney for the past few weeks over his time at Bain, which Romney claims ended in February 1999, but which documents and his own testimony show lasted much longer. The ultimate prize for the Obama campaign would be a trove of Romney's tax returns.


Read more: http://www.huffingtonpost.com/2012/07/18/mitt-romney-tax-returns_n_1682539.html?utm_hp_ref=politics

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Arrow 35 replies Author Time Post
Reply Mitt Romney Never Thought He'd Have To Release Tax Returns: Bain Sources (Original post)
 maddezmom Jul 2012 OP
LineReply Stoopid elitist Republican
 BamBamBane Jul 2012 #1
LineReply This doesn't surprise me.
 Ruby the Liberal Jul 2012 #2
LineReply Never ask a question or push an issue unless you already know the answer. There's that chess again.
 monmouth Jul 2012 #3
LineLineReply He's hoping this will blow over
 Stargazer09 Jul 2012 #4
LineLineLineReply Most definitely. You can see his annoyance in his face and his tone of voice for even being
 monmouth Jul 2012 #5
LineLineLineLineReply Exactly
 Stargazer09 Jul 2012 #7
LineLineLineLineReply Mitt is from a world where big business IS America.
 Spitfire of ATJ Jul 2012 #17
LineLineReply Well, when I call the IRS
 nichomachus Jul 2012 #9
LineLineLineNew Reply Would not be wise to do.
 LiberalFighter Jul 2012 #31
LineLineLineLineNew Reply There are ways to get the info without leaving a trail.
 nichomachus Jul 2012 #33
LineLineLineNew Reply What you're suggesting is illegal
 leftynyc Jul 2012 #34
LineLineLineNew Reply It would be a disaster
 Sgent Jul 2012 #35
LineLineReply I think you are right and Mitt is gonna drop out
 Botany Jul 2012 #11
LineReply Motives of Republicans Calling for Release of Mitt's Tax Returns
 bucolic_frolic Jul 2012 #6
LineLineReply Wouldn't that be nice?
 Stargazer09 Jul 2012 #8
LineLineLineReply any republican is a guaranteed disaster.
 barbtries Jul 2012 #10
LineLineLineLineNew Reply Oh, I definitely agree
 Stargazer09 Jul 2012 #28
LineLineLineReply "Wouldn't that be nice?"
 Spitfire of ATJ Jul 2012 #18
LineLineLineLineNew Reply Yes and no
 Stargazer09 Jul 2012 #29
LineLineLineLineLineNew Reply It's red states the Republicans are focused.
 Spitfire of ATJ Jul 2012 #30
LineLineLineNew Reply I would rather stick with Mitt as their nominee
 LiberalFighter Jul 2012 #32
LineLineReply Shudder
 spinbaby Jul 2012 #13
LineLineReply I think they want to get someone else in there as soon as possible... n/t
 progressivebydesign Jul 2012 #14
LineLineLineReply "I think they want to get someone else in there as soon as possible.."
 Spitfire of ATJ Jul 2012 #21
LineReply I suspect this is all BS floated by the Romney campaign
 cleduc Jul 2012 #12
LineLineReply No problem...
 jaysunb Jul 2012 #22
LineLineReply that's how they got Dan Rather
 renate Jul 2012 #24
LineLineReply I disagree
 PSPS Jul 2012 #25
LineReply I have a feeling if they are ever going to be released..
 AsahinaKimi Jul 2012 #15
LineLineReply Well if he does drop out,
 cleduc Jul 2012 #16
LineLineLineReply This message was self-deleted by its author
 AsahinaKimi Jul 2012 #19
LineReply Can any republican reading this explain why Mitt refuses
 Kingofalldems Jul 2012 #20
LineReply What a moron!
 Zyzafyx Jul 2012 #23
LineNew Reply So if he had said during the primary
 Politicalboi Jul 2012 #26
LineNew Reply He's not going to drop out or release his returns. He's raised more than $400 mil, has the delegates
 riderinthestorm Jul 2012 #27

Response to maddezmom (Original post)

Wed Jul 18, 2012, 04:00 PM

BamBamBane (41 posts)

1. Stoopid elitist Republican

Last edited Wed Jul 18, 2012, 04:01 PM USA/ET - Edit history (1)

Does America really want another stooped Republican pResident?

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 04:03 PM

Ruby the Liberal (23,509 posts)

2. This doesn't surprise me.

He thinks that the only authority he has to listen to is the SEC, and if he doesn't have to show it to the SEC, he doesn't have to show it to We The Help. Figured he could just buy what ever government position he was bored enough to want, and that would be that.

Betcha he would have structured some things a little differently over the years had he thought it through...

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 04:05 PM

monmouth (21,078 posts)

3. Never ask a question or push an issue unless you already know the answer. There's that chess again.

I have no doubt the Obama campaign knows exactly what Romney is hiding and this is going to be a death by a thousand cuts. To be honest, if Romney is that adamant about not releasing his tax returns, which I think he is, he might drop out. Just speculating.

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Response to monmouth (Reply #3)

Wed Jul 18, 2012, 04:28 PM

Star Member Stargazer09 (1,072 posts)

4. He's hoping this will blow over

After all, he's never really been held accountable for his actions before now. He expects the same treatment he's gotten all of his life: "Oh, you're rich, so you don't have to do anything you don't want to do."

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Response to Stargazer09 (Reply #4)

Wed Jul 18, 2012, 04:36 PM

monmouth (21,078 posts)

5. Most definitely. You can see his annoyance in his face and his tone of voice for even being

questioned on any of this. He is used to "respect" from all quarters and dammit, why is he not getting it now????

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Response to monmouth (Reply #5)

Wed Jul 18, 2012, 04:39 PM

Star Member Stargazer09 (1,072 posts)

7. Exactly

He's not used to being powerless, and he completely underestimated his opponent AND the American people. I'm looking forward to watching the implosion of Mittens. It's going to be messy.

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Response to monmouth (Reply #5)

Wed Jul 18, 2012, 05:55 PM

Star Member Spitfire of ATJ (7,384 posts)

17. Mitt is from a world where big business IS America.

That's why their first attempt to spin it was to say it was patriotic to avoid paying taxes.

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Response to monmouth (Reply #3)

Wed Jul 18, 2012, 04:49 PM

nichomachus (10,085 posts)

9. Well, when I call the IRS

The clerk who answers the phone can push a few buttons on her computer and see my tax returns.

Do you suppose her boss -- the Secretary of the Treasury -- might be able to do the same thing?

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Response to nichomachus (Reply #9)

Wed Jul 18, 2012, 10:52 PM

Star Member LiberalFighter (31,080 posts)

31. Would not be wise to do.

They would know who peeked at the filings. And would more than likely be a crime.

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Response to LiberalFighter (Reply #31)

Thu Jul 19, 2012, 11:02 AM

nichomachus (10,085 posts)

33. There are ways to get the info without leaving a trail.

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Response to nichomachus (Reply #9)

Thu Jul 19, 2012, 11:32 AM

leftynyc (10,330 posts)

34. What you're suggesting is illegal

More likely someone in the mccain/palin campaign has shared this info cuz I do think Pres Obama knows what romney is hiding.

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Response to nichomachus (Reply #9)

Thu Jul 19, 2012, 12:07 PM

Star Member Sgent (3,772 posts)

35. It would be a disaster

if the Obama administration did that.

Its a crime, it uses the IRS for political gain, and it would make Watergate look like small potatoes.

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Response to monmouth (Reply #3)

Wed Jul 18, 2012, 05:21 PM

Star Member Botany (36,048 posts)

11. I think you are right and Mitt is gonna drop out

from the very little i can glean Mitt might very well have broken the law
or at least pushed "it" to its limit.

Did he steal from pension funds of the companies he took over?
Did he pay no tax for some years?
Did he file bogus paper work w/ the SEC and or the FEC?
Is he worth far more than he is saying?
Did he park his funds off shore in order to not pay taxes?
How can you get $100,000,000 into an IRA?

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 04:37 PM

bucolic_frolic (708 posts)

6. Motives of Republicans Calling for Release of Mitt's Tax Returns

I originally thought they were just trying to appear reasonable to the general voting public

knowing that the whole mess would blow over

Now ....

I'm beginning to wonder if they're thinking that if the tax returns are that bad and are
released and they can't carry water ... that they might have a chance to ....


DITCH MITT!!!

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Response to bucolic_frolic (Reply #6)

Wed Jul 18, 2012, 04:42 PM

Star Member Stargazer09 (1,072 posts)

8. Wouldn't that be nice?

The whole thing blows up, Mittens gets dumped, and the GOP are forced to scramble to find someone ready and able to take his place, mere months before the election.

Then again, I shudder to think about who they'd choose to replace him. That could be a scarier prospect than what we have with Mittens.

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Response to Stargazer09 (Reply #8)

Wed Jul 18, 2012, 05:07 PM

Star Member barbtries (15,011 posts)

10. any republican is a guaranteed disaster.

Obama must win reelection.

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Response to barbtries (Reply #10)

Wed Jul 18, 2012, 09:32 PM

Star Member Stargazer09 (1,072 posts)

28. Oh, I definitely agree

But a last-minute candidate would make the GOP appear weak and desperate, and that's a good thing. Anything that helps Obama is definitely a good thing.

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Response to Stargazer09 (Reply #8)

Wed Jul 18, 2012, 05:56 PM

Star Member Spitfire of ATJ (7,384 posts)

18. "Wouldn't that be nice?"

No. Because he's easy to beat.

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Response to Spitfire of ATJ (Reply #18)

Wed Jul 18, 2012, 09:37 PM

Star Member Stargazer09 (1,072 posts)

29. Yes and no

He seems easy to beat right now, but we haven't seen the worst of the attack ads yet. He and his ilk have a HUGE amount of money available to try and buy this election, and his rich buddies are willing to throw as much money into the fight as they can.

I'm nervous about November, despite the huge positives in Obama's favor. Elections have been rigged before, and with so much at stake this year, it could get ugly.

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Response to Stargazer09 (Reply #29)

Wed Jul 18, 2012, 10:45 PM

Star Member Spitfire of ATJ (7,384 posts)

30. It's red states the Republicans are focused.

Last edited Wed Jul 18, 2012, 10:46 PM USA/ET - Edit history (1)

They're still trying to get them to support a guy they think of as a rich city slicker.

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Response to Stargazer09 (Reply #8)

Wed Jul 18, 2012, 10:54 PM

Star Member LiberalFighter (31,080 posts)

32. I would rather stick with Mitt as their nominee

Otherwise, we risk a lower turnout on our side that would effect all Democratic candidates.

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Response to bucolic_frolic (Reply #6)

Wed Jul 18, 2012, 05:36 PM

Star Member spinbaby (11,006 posts)

13. Shudder

Imagine a Santorum Bachmann ticket.

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Response to bucolic_frolic (Reply #6)

Wed Jul 18, 2012, 05:44 PM

progressivebydesign (19,363 posts)

14. I think they want to get someone else in there as soon as possible... n/t

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Response to progressivebydesign (Reply #14)

Wed Jul 18, 2012, 06:03 PM

Star Member Spitfire of ATJ (7,384 posts)

21. "I think they want to get someone else in there as soon as possible.."

Uh huh,....and Rick Perry started started jumping up and down and waving his arms.....

Keep in mind that when people accused Bush of being stupid a lot of political insiders in the Republican Party said he was a LOT smarter then he seemed and part of that was an act to endear himself to voters.

When people say Rick Perry is stupid those same political insiders in the Republican Party refuse to do the same....

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 05:22 PM

cleduc (473 posts)

12. I suspect this is all BS floated by the Romney campaign

I think Romney will release a few more years when he was Governor (or not heavily active with Bain) that won't show much and then try to get away with that.

It's all a build up that this is really painful for him. The media goes off the deep end speculating the worst. Then when he releases a couple of more 'clean years', the GOP pundits will say "see? there wasn't a big problem. Mitt is a man of principle who didn't want his personal info distorted". The media will retreat embarrassed by their wild speculation. And that will take the heat off the years he really doesn't want you to see: 1997-2001 (or whatever). And it will help diffuse Bain.

He's known for some time that he was running for office. So he's been cleaning up his act for years. He just doesn't want folks to see what he was up to during his Bain years when he was making massive amounts of money in less publicly acceptable ways.

So this all strikes me as media smoke to avoid confirming their suspicions in the tax years that really matter.

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Response to cleduc (Reply #12)

Wed Jul 18, 2012, 06:18 PM

Star Member jaysunb (7,978 posts)

22. No problem...

there's lots more that has nothing to do w/ Bain or taxes. Coming soon to a tee vee near you.

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Response to cleduc (Reply #12)

Wed Jul 18, 2012, 06:48 PM

renate (7,928 posts)

24. that's how they got Dan Rather

Last edited Wed Jul 18, 2012, 06:49 PM USA/ET - Edit history (1)

Big leadup to a big scandal... introduce a tiny speck of possible doubt to suggest that the story might not be true... and then it was all "nothing to see here folks" as the MSM left Dan Rather twisting in the wind. Nobody dared follow up and risk Rather's fate.

Edited to add: Whoops! I meant to add--Welcome to DU!

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Response to cleduc (Reply #12)

Wed Jul 18, 2012, 07:05 PM

PSPS (4,196 posts)

25. I disagree

I understand what you're saying, but neither Romney nor his campaign team are up to that kind of stagecraft. If they were, they wouldn't have let this drag on for so long. The damage that's already been done to Romney is probably enough to scuttle his run.

No, I agree with the opinion that Romney knows that the returns he's hiding are politically toxic: paid no tax at all, some kind of criminal activity, or, my guess, profiting from criminal activity via investments shared by criminals and/or foreign despots like Gaddafi or Mubarak.

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 05:47 PM

Star Member AsahinaKimi (18,094 posts)

15. I have a feeling if they are ever going to be released..

It will be something juicy... that will make him look worse than he looks now. If they keep the pressure up, he may have to drop out if its all that bad.

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Response to AsahinaKimi (Reply #15)

Wed Jul 18, 2012, 05:50 PM

cleduc (473 posts)

16. Well if he does drop out,

I hope it's after the convention when they've spent a bunch of dough promoting him

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Response to cleduc (Reply #16)

AsahinaKimi This message was self-deleted by its author.

Response to maddezmom (Original post)

Wed Jul 18, 2012, 06:02 PM

Star Member Kingofalldems (11,083 posts)

20. Can any republican reading this explain why Mitt refuses

to release his tax records?

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 06:23 PM

Zyzafyx (124 posts)

23. What a moron!

 

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 07:18 PM

Politicalboi (9,486 posts)

26. So if he had said during the primary

Last edited Wed Jul 18, 2012, 07:21 PM USA/ET - Edit history (1)

That he wasn't going to release anymore taxes, I bet he never would be where he is now. We should turn this on him by calling him a cheater during the primaries. Bring Newt back from the dead. Maybe they can undo what has been done.

That would be a good ad. Get the baggers all worked up over the misrepresentation of Rmoney. Use the old primary ads with the GOP. Make them want to take over the convention and either run Ron Paul or Sarah. LOL!

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Response to maddezmom (Original post)

Wed Jul 18, 2012, 08:01 PM

riderinthestorm (13,177 posts)

27. He's not going to drop out or release his returns. He's raised more than $400 mil, has the delegates

Last edited Wed Jul 18, 2012, 08:05 PM USA/ET - Edit history (1)

he has a substantial portion of firebreathers (the 20 - 25% who will vote ABO - Anyone But Obama) and the approximately 2% Mormon US population already in his pocket. Plus the polls still show this race as very close. Clearly a substantial portion of the electorate is okay with rMoney just the way he is - sans tax returns.

He knows that whatever the shit-storm is NOW, will be 10x worse when we finally see what's in there. He has no reason to release. He'll wait this out until the media gets tired and starts saying that Obama is the unreasonable one for continually harping on it.

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