It seems fairly obvious to me why Mitt is not releasing his tax returns.
As the head of Bain he participated in one of the most egregious parts of our tax code which is the ability of hedge fund managers to classify a large portion of their income as capital gains.
As a result the total taxes paid by Mitt equals 15% which is about what the rest of us pay just for Social Security taxes. Democrats have been trying to close this provision of the tax code for years and Republicans have kept it open. The last thing Mitt wants is his tax return being used as exhibit "A" as to why the current tax code actually favors the wealthy relative to the middle class.
No way Mitt releases his tax returns while he was at Bain.
Oh, my the left has the perfect chew toy--a man who earned his way to the top and must be taken out in order to relieve him of his wins.
What a buncha lock-steppers!
Left (hut) Left (hut) Left left left (hut)
Left...
Only in the bizarro world of the right wing is someone called left wing because they oppose someone using power and influence to carve out ridiculous tax exemptions in the law that allow them to lower their tax burden to something than other what the poorest members of society pay.
I have no problem with Mitt making money.
I have no problem with Mitt paying whatever income tax we deem appropriate for those in his tax bracket
I have a major problem with Mitt and other hedge fund managers using their money to buy a ridiculous tax treatment that doesn't hold water for any reasonable person. If you thank that makes me left wing then you sir are exhibit A with what is wrong with the Republican Party and why I left it recently.
The Republican Party has completely lost touch with expanding jobs for this economy and is more concerned about protecting the wealthy with ridiculous tax breaks than creating jobs. The Democrats aren't much better. If you can't see this fact then clearly their is no help for the stupid.