My verbose thoughts on the thing called Willard Mittens Romney III
In a spasm of arrogance, deception and elitism this weekend, presumptive Republican nominee Willard Mittens Romney III declared indignantly that he will only release two years of his tax returns, for 2010 and 2011, and that is all the American people need or deserve. And to justify this, the Romney campaign lied to the American people that John Kerry also only release 2 years of tax returns, even though every one on the planet with a brain knows he released 20 years of tax returns.
It seems to me that Romney has decided that releasing his tax turns back to 2000, which would satisfy any reasonable person's demand for transparency as it would coincide with his own father's 12 year rule as well as be exactly what the Obamas have produced, is simply a non-starter. Being the cold calculating businessman that he is, he has obviously run a cost benefit analysis, the result of which has shown him that no matter the political price he pays for not releasing, it would be much better than the political price he would suffer if he did release it.
Indeed, as others have speculated, it is likely that Romney's returns during the last 12 years show extremely high levels of income, more offshore accounts in Switzerland and the Cayman Islands, investments in things and companies that will hurt him on the right (i.e. abortion providers, etc), and probably proof that he paid a very low single digit or zero digit tax rate.
But this whole incident has me wondering two things: 1) has Romney accurately conducted that cost benefit analysis, and 2) what was Romney thinking over the past 12 years?
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