In
2009 the Swiss
bank UBS agreed to settle U.S. criminal charges that it had engaged
in a multi-billion dollar scheme to help wealthy U.S. taxpayers hide
assets from the IRS. This meant those secret
accounts hiding money from the IRS in foreign banks were about to be
revealed. The IRS offered an amnesty program for these wealthy people
to avoid felony conviction if they owned up to these secret accounts
and paid back taxes and penalties.
We
know that Romney was heavily involved with foreign accounts; his 2010
return shows he has accounts in Switzerland and at least 5 other
countries. Did Romney take the amnesty offer in 2009? And is that why
he refuses to release his 2009 return that would show the felonious
behavior and the amnesty?
They
keep reporting in the media that Romney has released two years of tax
returns, 2010 & 2011, but that is not quite true; he has only
released a partial return for 2010. His
2010 return is missing one key page. The Foreign Bank and Financial
Accounts (FBAR) in his 2010 return for detailing offshore accounts is
purposefully absent. It just coincidentally happens that this one
missing page would have referenced his previous (2009) amnesty if he
had taken it. Why is the FBAR page the only page
missing from his 2010 return? John McCain looked at Romney's taxes in
2008 and I'll take McCain's word that he didn't see anything illegal
but the amnesty didn't occur until 2009 so McCain wouldn't have seen
it.
Of
course this is speculative, but why would Romney take so much heat
for not releasing his tax returns if he wasn't hiding something
pretty bad? The circumstantial evidence presents a strong case that
Romney is a tax cheat who stashed money in Swiss accounts and then
took the IRS amnesty in 2009 to avoid prosecution. For what other
reason does he refuse to show his 2009 return? For what other reason
would that one page be missing from his 2010 return?
Romney
could clear up all these questions by just releasing his 2009 return
or even releasing his complete 2010 return with the FBAR but he is
not going to do so which is a pretty strong indictment that he is
hiding some seriously nasty stuff that would disqualify him from the
presidency. Even if you are a Republican, are you willing to vote for
a likely tax cheat who hid money offshore and thus committed multiple
felonies, or are you going to just vote for the guy no matter what,
just because he has an “R” after his name?
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