fenway Wrote: And if he did get audited, the forms and the numbers on the forms would not be public record.
A public release, which is what people are wanting, would have nothing to do with the IRS whether there is an audit or not.
Schmidt Wrote: Romney's absolute inflexibility on this issue is hard to understand. The American public already knows about all his offshore accounts in tax haven countries, and they already know his effective tax rates are lower than ordinary middle class workers. And they know about his signing SEC disclosures for Bain Capital from 1999 - 2002. The big damage has already been done and some polls still show Romney and Obama neck and neck.
fenway Wrote: A person can contribute as much as he wants.
Only a certain (small) amount is tax deductible.