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article imageOp-Ed: Mitt Romney and tax returns: Campaign makes crucial error

By Marcus Hondro     Aug 25, 2012 in Politics
There are still those who seek to convince Mitt Romney to show America his tax returns. To do as his father did and release 12 years of taxes, or as Barack Obama did in 2008 and release 8. He is not wavering and may feel he's getting away with it.
He and wife, Ann, have made it known time and again there will be no more taxes released other than what scant returns they've committed to. Two years, 2010 and 2011, each partially released, with more from 2011 to come. Americans deserve to learn more of how he built his wealth and of later Bain Capital years but he must feel that whatever is in those tax years is more damaging than the flak he's getting for hiding them. He may also feel the damage over not releasing them has come and that, for the most part, he has gotten away with it.
And he has - for now.
But that's now. When October 15 comes and he releases, as promised, more of his 2011 taxes, it will all come to the fore again. It may well have died out by then and those who are now continuing to ask for his taxes may have stopped, but he and his campaign have made a crucial error by waiting. Had all of 2011 been released when he released the first documents, for many the controversy would be virtually forgotten by election day, November 6th.
There are off-shore accounts helping make up his $250 million in wealth and, given his refusal, it is likely there is something about how he accumulated it which is ethically suspect, legally suspect, or both, and polls show voters want to know more. And yet it is all receding into the background now but on October 15, but three weeks before November 6, he'll remind the electorate. That error may cause his stock to plummet at precisely the wrong time.
Clearly Mitt Romney would be damned were he to release more tax returns and he is taking the safest route available. But given he's making the mistake of reminding voters of his refusal just weeks before they go to the polls, he may well be damned anyway.
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of
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