Good to see you are well and back in form.

I think you're seriously misreading this law and have scrambled all the facts in you post here. Your logic is severely flawed and incomprehensible.

If someone releases tax return info without authorization that is a felony, no matter who it is; be it a corporate tax preparer or secretary or whoever had access to that information.

There are extra penalties if that person is also a government official.

If someone divulges his information himself, I guess it would be considered public knowledge now and wouldn't be applicable to this law. Romney did not release or authorize the release of any tax return information beyond the release of his 2010 returns. You're trying to put forth some sort of "fantasy conversation" that has no basis in fact.

If someone is indeed releasing Romney's tax return info without specific authorization that is a felony and punishable by fine and incarceration.

It is the job of the IRS and the FBI to pursue a federal investigation to determine the truth of what Democrat Senate Majority Leader Harry Reid is relating as to a Bain Capital employee divulging unauthorized tax info to him.

If he lies or doesn't cooperate, that is also a felony.

If I were Romney I would want Reid in the hot seat on this.

This is all smoke and beer farts.
Romney is wise to let them bitch about his taxes for the next 3 months and when it is too late to mount another attack, release them.

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I was hoping I was not the only one that felt that way. If Mitt the Twit is not paranoid about Big Brother or has not done something crooked, why not release them. If he is, then he should not be in this election at all. It is not to late to get another REP. Lets go with Sanitarium and Sarah. LOL what a cluster of missteps in the closing days. Obama can save all his donations for his friends running for congress that way he can get something done to help us all in the next four years.

I think it would be foolish for Romney to release his tax records. Since Romney has no divorce records, that Obama can get unsealed, he has to try something else. This is how Obama got in the Senate in the first place. Reid is not known for being an upstanding person. Make him prove his words.

You got that right o was down in senate race til that.All they have is go after his taxes .Mean while real unemployment u6 rate hits 15% ,so much for change but we still have hope,That is hope he is gone.

Some ask what is Mitt afraid of? I wonder what Obama was afraid of when he had is college transcripts sealed when most other Presidents redly produced them. What's the big secret about his college days? The lefties we're drooling all over themselves when Mitt released his last two years, all they found was a rich guy that paid millions in taxes and charity.

Obama and his minions literally have nothing left other than lies, diversion and demagoguery. That's it man, that's his strategy. He's already burning through his money faster than he's taking it in (hum... sound familiar?).

Mitt hasn't even started to unleash on him yet. Just wait.

It's funny reading the above posts. It is a perfect example of how people in an election year or any time keeps grabbing at any thing to discredit a candidate. If Romney did release his tax returns ,and probably find nothing out of the ordinary, what would you garb at next. I think he is more calculating than people think. Which makes him more intelligent than a 5th grader.

I have no idea who will win this election but I sure hope you are correct in your statement "Mitt hasn't even started to unleash on him yet. Just wait"

Seems to me and I sure could be wrong that he is playing rope a dope with them.....October surprise ???

I think what you see is what you get with MR. Hoping his VP selection adds some BAM.

This is truly laughable, coming from Harry Reid who oversees 4 years of no federal budget and not even a serious budget proposal from Obama and the Senate.

It's pure diversion, so as not to have to talk about this clown act for which we taxpayers pay the consequences:

"The cost, say analysts, is that Congress is once again allowing the federal budget process to remain rudderless and lawmakers unaccountable as the nation lurches toward fiscal crisis...."

No budget? No problem! The strange politics behind a budgetless America. - CSMonitor.com

Where are the 2011 taxes Mitt Romney promised would be released in July? These are the taxes that were due on April 15th. If I'm not mistaken, this is already August. Is he trying to put this second release off until after the election? His accountants have had six to seven months to complete these forms.

Speaking of taxes and Reid, this is the guy who would not allow a vote on a bill to stop the scams being used by illegals to rob our US treasury...just refused to allow a discussion on that bill.

That seems to be ok, but having more ammo to attack a candidate personally bothers you...go figure !!

Willard releasing 10 years or so, of returns would reveal his declared state of residence for each year, his gross income for each year, his taxable income for each year, and the amount of tax he paid or was refunded for each year.

And - his signature and date of signing on each return.

What is the problem with that?

It will be interesting to see if he will require his VP pick to release their taxes.

This issue will NOT go away - Dems are wise to keep hammering away.

Some day you people will wake up, throw away your registration cards, stop being in love with candidates and parties and really see the issues. You address this as if this alone will solve all our problems. Why dont you post on the unemployment thread...spell out the jobs programs.

WHO CARES if he releases more than required...it means NOTHING but political hay and not one iota more. I dont care if he or Obama paid zero their entire life as long as it was legal.

Get involved in your country and the issues...try that for a change or do they not twitter issue related things ?

How do you feel about the sequestering issue that if not resolved is going to reduce our defense and cause massive layoffs all over the country ? How do you feel about the length of time people are not working as unemployment goes up ? How do you feel about our involvement in Syria and Syria in general where thousands are being kiled and slaughtered ?

i don't think anyone's tax returns are complete until the irs determines that they are complete. am i wrong?

A lot of people care - Cons saying Willards taxes don't matter doesn't make it so.

His stubborness is not playing well - his sinking poll numbers reflect this. People in his own Party are urging him to release them. This is a terrific issues for the Dems. Reid should just keep blasting away !!!!!

"if you have to explain, you're losing"

- W. M. Romney

and what wisdom is there in 'hammering away' - beyond the annoyance of deflecting attention from failed policies and actions?

i find the annoyance of flies, love bugs, no-seeums and mosquitos more acceptable that the hammering away of a political party that cannot stand up and defend it's policies.

An individual's tax returns are complete as soon as that individual signs his name and date on the dotted line and puts them in the mail. They can be amended at a later date by filing a different form. Mitt Romney filed and got an automatic extension by April 15, 2012, when he was required to pay any tax liability. Does anybody know when the extension deadline occurs?

The extension deadline is October 15th; however, you are correct all tax liability must be paid by April 15th. In fact, 90% of all tax liability must be paid by December 31st of the tax year; otherwise the tax payer is required to pay penalty and interest on the unpaid amount.

Based on Governor Romney's income generated almost exclusively from investment income and if he wants to avoid penalty and interest payments, he needs to have a fairly accurate assumption of his tax liability by the close of the tax year - in this case by December 31, 2011.

The widom is - Willards refusal to issue 10 years of returns, something all POTUS candidates do, is an issue for a lot of voters.

The fact that you find the annoyance of flies and love bugs more acceptable means nothing.

Dems are correct in talking about this issue. It plays well in middle america.

Willard is now even losing Florida !!!

You say the Dems see this as an ISSUE THEREIN lies the problem.....ignore the issues facing the country...again, if he paid NO taxes from day one and did it legally....I assure you that I dont care if Barrack gives me any more than the law allows


SO WHAT

If it's a SO WHAT ................ why won't Willard release them? Something tells me there's more than a SO WHAT involved here.

Personally, I welcome his refusal - the more he refuses, the better it is for Obama.

Well, Barrack is sure pushing anything but our countries problems. I sure hope the voters do not vote on anything but what is the right plan for the USA !

guess issuing 10 yrs of returns is something candidates USED to do! congrats to mitt for following the rules. it is NOT an issue - it is a DEFLECTION from the facts re the state of the us of a!

finding flies, loves bugs,etc more annoying SHOULD mean something to the hammerers - it means i am tuning them OUT and will NOT listen to their whining!

it is NEVER a good thing to lose listeners whether they are in middle america or not!

so what about the polls!

Let's see .......... Bin Laden is gone ........ Khaddafy is gone. Assad has one foot on a banana peel.

Dow is over 13k. 401(k)'s making $$ - finally................

165k jobs last month (remember when he took office we were losing 3/4 of a million jobs a month .........


he's got my vote

maybe for some - BUT my husband and i figure our return is complete when the irs and both of us agree on a final number re who owes who and how much!

deficit is not cut in half

unemployment is UP - AGAIN!

illegals are still pouring thru our borders

now the children of illegals can legally take some of those newly created jobs away from americans

obama has been secretly supporting the rebels in syria

banks are still not paying any interest to speak of on our savings

and obamacare is gonna kill me - just don't know if it will be financially or physically first!

mitt's got my vote!

President Obama is out there every day explaining to people how Mitt Romney's tax plan will increase their taxes up to $2000 per year while giving him and other millionaires an $87,000 tax decrease annually per the new tax report study.

The president can't do much about the sequestration, that the congress passed, since they all left town yesterday, not returning until September. Congress also left the Farm Bill, the Violence Against Women Act, and much more unfinished business on the table. But they did manage to vote on the English as the official language bill yesterday and several more abortion bills before they left town.

If that's the case, then you and your husband will have to wait seven years. That is how long the IRS has to review your returns and audit you. Always keep those returns and receipts in a safe place.

we know that - and we DO! thanx

A couple of points here - Banks are still not paying any interest to speak of on savings. Definitely true but interest on loans and mortgages is at a very low point also. Remember under Carter that interest on savings was paying 10% but interest rates on mortgages was 15%? What is good for some is not good for others.

Lots of conservative posters here have been arguing that Obama should start arming rebels in Syria. Good idea or not? Time will tell. I say not.

Obamacare is not going to hurt you financially at all - and you will continue to get the same quality and timeliness of healthcare you get right now.

I didnt read the arming of the rebels anywhere but assume it is true, just felt we should do something and not sure helping folks we dont know is correct.

BUT,,,what I would love for you to do is to read the abbreviated list of how we are to pay for Obama care...this is from the law itself and used by the CBO to cost it out (which cost continues to rise) and explain to me the certainty of these items so I can have your confidence that this will not hurt anyone financially.

1. .....Government payments to Medicaire advantage will be reduced by
132 Billion over 10 years

2. .....Medicaire payments for home health care will be reduced by 40 Billion

3. .....Extra social security taxes to be paid because of pay raised that folks
will receive in lieu of companies paying for health insurance

The above particular one intrigues me a lot..talk about maybe's

4. .....Medicaire payments for home health care will be reduced by 40 Billion

5. ..... A 3.9 tax on investment income for individuals over 200M and families over 250 M starting next year.

This next one is very intriguing...

6, .....Codification of the "economic substance doctrine" (Tax hike of $4.5 billion). This provision allows the IRS to disallow completely--legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks "substance" and is merely intended to reduce taxes owed.


That is just a few of them.....but lets start with them....to me, it is a no brainer that the cost will continue to grow as time goes by...tell me again to relax.

This does not include the tax we will pay if we dont have insurance, nor a number of others.

Finally, a post with an intelligent foundation!

Eight pages and 72 posts later we still have no resoultion concerning "Mitt's Taxes. This would indicate that we have some very strong candidates for Congress. Heck congressmen never get anything resolved either. Is this post grammatically correct?

buggyone - good news - loan/mortgage rates are low; bad news - i don't need either and am not selling a home so i don't need anyone to get a mortgage to help me there. [ps - i paid 14% back then but was glad to get the 10% back on savings - net 4% cost. was thrilled when we could refi to [9%, 6% and then 4%]

syria - yes, time will tell BUT the secrecy is the polar opposite of obama's campaign promise of transparency!

obamacare won't hurt me financially - what about the tax on investment income? mine might not be as much as mitt's or buffett's - but i still do a happy dance all the way to the bank when those dividend checks come in! how much of that is obamacare gonna take from me to pay for something for someone else!

Three congressmen have sent a letter to the Justice Department asking them to investigate how Mitt Romney accumulated between 20 and 100 million dollars in his IRA. They want to know how he got those returns in a tax free account. Was there insider trading? Was there something illegal?

That is wonderful...how will Obama create jobs that he did not in the last 3 years ?


By the way, how do you stand on Reid stopping any control over the tax scams being done by iliegal immigrants that cost us in the BILLIONS !

i so hope holder grants their request! it will absolutley seal the deal re how blind justice is in america under his direction!