09-09-2012, 10:34 AM
Those tax returns are worth more than a million... I'd bet the accountant firm that prepared them has them locked down tighter than you can imagine, and the only other place they could be released is from the IRS. I'm highly suspect anyone is going to risk enormous jail time just to help Obumbles get re-elected.
Besides, there is nothing in those tax returns. If there was, he would have been arrested, indicted, and thrown in tax jail by now. He probably just doesn't want to deal with people making a big deal out of most of his income coming from tax-free investments, thus lowering the tax rate he pays.
Which in a way is ironic... because as a very wealthy man, he is supporting government by purchasing tax free muni bonds. Those municipal bonds help government fund themselves. As a fair trade for that support, any income off the bonds is usually free of income tax.
And everyone wants to attack him for that? He's probably made more contributions - in straight taxes and bond support - than most people would ever do in several lifetimes.
This tax thing is a red herring. If there was anything even close to the legality line the IRS would have already nailed him.
Besides, there is nothing in those tax returns. If there was, he would have been arrested, indicted, and thrown in tax jail by now. He probably just doesn't want to deal with people making a big deal out of most of his income coming from tax-free investments, thus lowering the tax rate he pays.
Which in a way is ironic... because as a very wealthy man, he is supporting government by purchasing tax free muni bonds. Those municipal bonds help government fund themselves. As a fair trade for that support, any income off the bonds is usually free of income tax.
And everyone wants to attack him for that? He's probably made more contributions - in straight taxes and bond support - than most people would ever do in several lifetimes.
This tax thing is a red herring. If there was anything even close to the legality line the IRS would have already nailed him.