Tonight on AC360: Tracking Mitt Romney's money

soundoff (8 Responses)

1. Terry
   

   Anderson – Mr Romney has released probably all the information that he is going to unless absolutely pressured to the brink. What Mr Romney is not getting out to the electoret is that the American Dream can once again be realized if policies, etc are put in place properly. What else Mr Romney has not said is that in the US, the American Dream could/can be realized and when you use the proper accountants/tax people as a business person, you too can pay a lower rate of tax. These tax laws are open to every American and they are there to encourage entrepeneurs to re-invest their assets back into their business. I realize, of course, that right now you may be able to get access to start-up money or investment capital but there are thousands of businesses who register as LLCs, LLPs, corporations, etc, etc to get the most tax advantageous position for their business. Once again, remember that this is open to every American whether they are self-employed or work for somebody else, there's always a way to lower your income if you're willing pay for the proper people to give you advice and do your taxes.

   July 11, 2012 at 6:46 pm | Log in to Reply
   • Greg
     

     @Terry – the fact that "those tax laws are open to every American" don't do much good if those Americans don't have millions of dollars of investment income to live off of. Are you saying if the single mother with 2 kids earning $25k a year would just pay a high priced accountant, she could be just as well off as Mitt Romney? (Oh, of course, she declared herself an LLC first...) You're making a totally unrealistic argument, I think.

     July 11, 2012 at 9:59 pm | Log in to Reply
2. Kevn
   

   Wondering where romney's money is,that swiss bank account,so he doesn't have pay taxes,just like the GOP don't tax the rich or the corporations but stick it to the middle class

   July 10, 2012 at 8:59 pm | Log in to Reply
3. TMurphy
   

   The big picture issue is: "Where is the American Job Creator in a candidate that squirrels away his money in overseas investments?". This completely undercuts the rationale of a tax policy that protects the rich so that they can create jobs for Americans.

   July 10, 2012 at 8:35 pm | Log in to Reply
4. Steve
   

   This is pretty simple, what would the Republicans be saying if this was Obama back in 2008 who decided not to make his income and taxes public? They would be beating him up from every angle. They still go after him about his birth certificate and grades!! So before anyone decides to defend Romney and the Republicans please think what this would sound like if the shoe was on the other foot. There is nothing wrong with the American public knowing about the income and taxes for past years of a person who wants to lead our country.

   July 10, 2012 at 8:20 pm | Log in to Reply
5. Jane
   

   Mitt Romney's lack of compassion for his dog he tied, in the crate, to the top of his vehicle speaks more about his character than any other aspect. He should be arrested and shouldn't be considered for any office, especially the President of the United States.

   July 10, 2012 at 8:20 pm | Log in to Reply
6. Chris
   

   If the sitting President should have to provide his birth certificate to dispel any doubt about his qualification to attain his office, why shouldn't a current presidential candidate show his tax return to show his "qualification" to relate to the common man's issues – a quality necessary in whoever the next President will be?

   July 10, 2012 at 8:17 pm | Log in to Reply
7. Jay q.
   

   Romney is very wealthy, what has he done with his tax savings to increase jobs in the USA in the last 4 years?

   July 10, 2012 at 8:14 pm | Log in to Reply