What’s In Mitt’s Wallet?
Posted on | January 17, 2012 | 10 Comments
by Smitty
Perry cut right to income taxes at his first opportunity during the debate last night. Apparently, Mitt’s campaign has never heard of the Streisand Effect, where topics that really are of no interest (her house, his cash) become endlessly fascinating because people are so adamant about evading them.
Why was the otherwise firm and confident Mitt doing such a fine Fred Astaire on the tax topic?
First of all, I really don’t care. Private property should remain such. From that standpoint, I actually support Mitt’s reluctance. Again, though, the Streisand Effect: the fact that he’s hemming and hawing, draws attention to the question. His motives for evasion, far more than the details, are very much a question for the Dude Who Would Be POTUS.
What might Romney’s income tax returns reveal? I’ll do what Stacy hates, and speculate:
- He might be in a tussle with the IRS, and legitimately need time to sort some legal issues.
- If you’ve read Throw Them All Out, we might discover that he has made quite the pile o’ cash in various legal, but politically challenging ways. For example, Senator John Kerry was cited in TTAO for hauling in cash from legislative knowledge of health care stocks. I’m confident nothing like that could have possibly occurred in Mitt’s case, for all he must know quite a bit about the companies in the field as a result of RomneyCare. But releasing tax returns would help dispel such concerns.
- It could be that Romney just, through no illegal action of his own, wound up within the 1% of the 1%, NTTAWWT, IYKWIMAITYD. I repeat: I don’t care, and class warfare sucks. But why not just go for some transparency on the point?
I guess if he locks in the delegates before disclosure, it’s all good.
Update: Daily Pundit wants transparency in exchange for his vote, which makes sense.

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