Of course Mitt Romney doesn’t want to show his tax returns. Among other things, he has stuffed millions and millions of dollars into Swiss bank accounts, effectively betting against America and, probably, avoiding U.S. taxes. This is, for a presidential candidate, unseemly.
Even the miniscule information that he has released shows he paid a lower rate, 13.9%, than someone who earns $40-50,000 per year.
It is delicious when Mitt talks about tax fairness. The super-wealthy never pay as much as the middle class. Never. Middle-income Americans will always pay more than the Mitt Romney’s of the world.
And Romney wants to LOWER the amount of tax paid by the wealthiest.
You know that NASCAR drivers like Jeff Gordon, Dale Earnhardt Jr. and Jimmie Johnson are very wealthy people, but financially they are far beneath Romney and the Romney circle of friends.
Mitt’s typical friends are the NASCAR team owners, the people who essentially own Gordon, Earnhardt and Johnson. We are talking about some real money here.
Mitt Romney is a nice guy, but he has never not had money. George Romney, his father, was CEO of American Motors. Mitt did not grow up in poverty.
Mitt is an astute businessman, and has turned his wealth into a giant fortune. Good for him, but he does not, cannot, identify with the average American. While this doesn’t make him a bad person, it would make him a less-than-ideal president.
What do I know? Much, maybe all, of his offshore largesse could be honorable and legitimate. Maybe it is all perfectly legal. Let’s assume, for the moment, that it is….
The real issue is that avoiding U.S. tax, even legally, is unbecoming for one who professes to be a super-patriot. (Go ahead Mitt, sing ‘America the Beautiful’ for us again.)
Super-patriotic presidential candidates would have no reason to hide their tax returns…