Republicans and Conservate Leaders demand Romney release his tax returns

[Riot]

Originally Posted by Clip-Clop

I assume there is proof of these? You are saying he is breaking the law, correct? Even MSNBC anchors say he has likely done nothing wrong.
Or is this a theory?

Wow. I thought you read the news? Kept up with politics? No,huh? Yes, all those are factual statements, that have sorta dominated the news for the past several weeks? You missed all that stuff on the evening news? Like NBC, CBC, ABC? Do you read the Associated Press?

First: No, I am not saying he has done anything illegal.

For example everybody else's IRA, at a deposit of $2,000 a year, for 30 years has ... well, not multiple hundreds of thousands of dollars, due to specialized breaks the wealthy get regarding what can be considered a deposit, like Mitt

The important thing is seeing that Romney has hundreds of thousands in an IRA limited to $2000 a year deposits,

Yes, revealed in the one year of tax return he released.

paid little to no taxes in the past,

Yes, revealed in the one year of tax return he released (15% on income on $250,000 million)

and has avoided his American citizenship tax liability via hiding his money in other countries.

Yes. He released his one year of income tax return, which was contrary to his previously released campaign disclosure documents, and that discrepency - whoops, lie - lead to the press discovery and reveal that he has offshore accounts in several countries, and Swiss Bank Accounts.

If he did hid money offshore to avoid taxes, yes, that is most definitely against the US tax laws. The only way to know that is for him to release the tax returns showing it's not true.

What he probably is hiding, is that he's used every tax loophole he's entitled to, and thus has probably paid little to no tax (less than 15%) on his wealth.