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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsInteresting tax theory...
I wanted to share this I thought it was an interesting article
http://www.huffingtonpost.com/paul-abrams/what-romneys-hiding-its-t_b_1908104.html?utm_hp_ref=politics
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Interesting tax theory... (Original Post)
Laurajr
Sep 2012
OP
obxhead
(8,434 posts)1. Some of the article here
Why does the press feign puzzlement about what Romney is hiding by not revealing his 2009 tax returns?
He has already revealed the extent of his foreign bank accounts, the approximate amount of his holdings and two years of taxes that are less than the middle class pays. Even if he had paid zero in some years, that is already baked into the political cake.
His disclosure of his 2010 account omitted information about his Swiss bank account at the Union Bank of Switzerland (UBS). Why is the press not asking for this form? UBS was fined $760 million for putting Americans into abusive tax shelters and forced to reveal more than 4000 Americans who banked with them under numbered accounts.
The 4000+ Americans who were exposed by UBS were offered amnesty from criminal prosecution for tax evasion if they closed their Swiss Account, recalculated and paid all back taxes and paid a 25 percent penalty on the largest amount.
More at link posted in OP
Welcome to DU.
Feel free to post 4 paragraphs of an article so we can get a general idea of what it's about before clicking the link. This is an excellent article and should be read by all.
love this site it is addicitive and thanks for the tips
kentuck
(111,091 posts)2. And the media need to do their job.
This is information we have a right to know. Why aren't they asking??
JaneyVee
(19,877 posts)3. Good article. We know he's definitely hiding something extremely damaging.