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Mitt Romney has made good on another campaign promise: He’s not going to be releasing his tax returns.
While he hasn’t made up his mind about whether he’ll release his returns, the Republican presidential candidate has pledged that he’d tell the public what sort of income he and his wife, Ann, earned during 2010 and 2011, when he and his wife made $21 million, and $50 million in 2012 — despite the fact that, under IRS regulations, he and Ann paid zero in taxes in the two years in question.
But Romney and his campaign have been careful to claim that nothing of the sort happened. So is his claim that he paid nothing in taxes in 2012 a hoax?
No. Romney just can’t seem to put a straight face on his tax return promise to be open about his tax returns. He recently insisted, while speaking to a crowd in Indiana, that he didn’t make any such promise, but then, during a debate on CBS, he tried to back up his claim with tax returns from 2010 and 2011.
Now, this is an extremely unusual stance for Romney. For years, he has touted “self-funding” as the foundation of his presidential campaign. That, too, has often been made up, but has turned out to be true. In the 2012 election cycle, Obama has released his own tax returns (as well as his 2008 and 2007) while Romney has released his 2010 returns only. It was only in 2012 that Romney offered specifics about what he’d do about the tax code, because no one else was offering specifics.
But that could be about to change. The Romney campaign has asked the IRS to turn over a list of tax returns from years prior to the year of Romney’s 2010 return. The deadline for such requests is Oct. 15, and it’s already happened — for example, the IRS sent back the 2011 tax return of Mitt Romney to Romney’s campaign.
And Romney will be making the same request in his campaign, if not more. “The release of these tax returns would offer a comprehensive window into an individual’s financial information that has not previously been released