Critical issue about Romney’s taxes: tax amnesty

Paul Abrams: Lawrence O’Donnell Raises the Most Critical Question About Romney’s Taxes: Amnesty

Consider this: if Romney did hide income at his Swiss UBS account and did not pay his required taxes on it until 2009 when he could get amnesty, he could correctly say, now, that he has paid 100% of the taxes he owed. Moreover, should he release his returns, the years since 2003 will have been amended to show the taxes he owed and paid, along with a 25% penalty for the year with the largest illegally hidden income.

Lawrence O’Donnell takes the question to the real heart of the matter: did Romney receive amnesty? If he did, he had previously committed a felony.

http://www.huffingtonpost.com/paul-abrams/romney-tax-amnesty_b_1737204.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: