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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (661999)7/13/2012 1:39:16 PM
From: longnshort2 Recommendations  Read Replies (2) | Respond to of 1580053
 
lets see Obama returns from 20 years ago. lets see his student loans and who paid for his college



To: puborectalis who wrote (661999)7/13/2012 1:41:06 PM
From: i-node1 Recommendation  Read Replies (2) | Respond to of 1580053
 
>> He explained, "I am a little surprised he only released a year's worth of tax returns. That kind of perplexed me, because this is the first time in, I don't know, more than 30 years that anybody running for president has only done that. you know, it's typical we all release 10, 11 years. I think Senator McCain released over 20 years of tax returns."

Romney's business situation is so clean, so above board, I don't know why he would hesitate to disclose more years. But to do so would just give Obama a way of keeping the focus off his own pathetic track record for longer. Romney needs to steer the conversation back where it belongs -- on Obama's pathetic 3.5 years as an incompetent president.

As an aside, tt is stupid for a person to even POSSESS COPIES of tax returns for 12 or 20 years. Tax records should be kept no longer than necessary, and if you don't have NOL or capital loss carryforwards, return copies should be disposed of as they can only hurt you should IRS or anyone else decide to pester you (if IRS wants to get into years barred by the statute then it is on them to produce copies of the returns in question; if you have them, they can get them from you). The common advice that you should keep tax records for more than a few years is generally bad advice.