Harry Reid,Performance Artist

[Hobbes]

He just doesn't want it to be widly known that he pays a lower percentage of his income than the average middleclass person.He's "hiding" something that isn't even illegal. Again, there's nothing wrong with that, but how would it look? AWKWARD.

That's true no doubt.

It's also possible that there are one or two years where he really didn't pay any income taxes.
2007-2009 were pretty rough for anyone invested in the stock market and he could easily have had enough capital losses during those years to end up paying no taxes at all those years even though he would have had a comfortable income.

It's perfectly legitimate of course but it really doesn't work well in a campaign of 30 second sound bites.
Difficult to explain to the jobless masses.

If that's true, the decision to withhold those tax returns was a big mistake because it could have been overcome, but now it will linger on and on into the fall campaign and debates.

 

[yukonjack]

The deal is this. Like myself Mitt has multiple wives. That's because we still believe in and live THE PRINCIPLE. We don't want you to see how many dependents we actually claim. Nothing illegal about it since it's all by the book. Somethings about our lives we want to keep sacred/secret..... Why can't all the jealous haters just worry about real issues???

 

[Hobbes]

Of course this is all a canard to be totally honest about it.

What we really want to know is, How did he accumulate up to 100 Million dollars in a tax deferred IRA account in only 15 years?

The maximum contribution was $30,000 X 15 years = only $450,000.

The reason we all want to know is:

I'll have what she's having.