Why George Romney Released His Tax Returns.

[nc4bo]

http://www.buzzfeed.com/buzzfeedpolitics/why-george-romney-released-his-tax-returns

Romney, T. George Harris wrote, "has a pronounced tendency to act as he sees fit, even if it might lead to embarrassment." The governor had answered a question about Mormon undergarments despite knowing that "it might inspire a national giggle," and his wife spoke with unusual openness about their marriage.

There was, though, one exception to this pattern: "He balked when I badgered him for a copy of his latest Form 1040, the Federal Individual Income Tax Return," Harris wrote. "Release of the document, while it might serve a political purpose, would not prove very much, he argued. One year could be a fluke, perhaps done for show, and what mattered in personal finance was how a man conducted himself over the long haul."

<....>

Romney also payed an income tax rate several times that of his son's roughly 15%: He payed more than half of his income in taxes some years, and paid a total rate for the period over 50%.

The income statements helped Harris tell an admiring story about the governor: His stock options, they revealed, were "rising like warm dough," and by 1960 had allowed him to pay off debts.

Why isn't Mitt Romney more like his father? What is Mitt Romney hiding?

[demosincebirth]

1. Would your release your taxes to public scrutiny if you had some thing to hide, like not paying

any taxes?