Should Harry Reid start asking people in the Democratic Party about their Cayman Island and Offshore accounts?
Yet what of those in his own party?
"Some of the 'preposterously wealthy' Americans who do use such 'schemes' include Senators Dianne Feinstein (D., CA), Richard Blumenthal (D.,CN), Frank Lautenberg (D. NJ), and John Kerry (D., MA)." These people belong to his own party so perhaps in his quest he should find out how much tax money these extremely wealthy people have "hidden" in their accounts.
While some may say that these people are not running for President; remember just a few short years ago, one of the most wealthiest (well his wife is wealthy) John Kerry was running for President. These individuals enjoy those same "tax shelters" yet no cry of shame from Reid on his own party.
It is about equality there is no standard for releasing tax returns for Presidential candidates. Liberals and Democrats are making an issue of Swiss Bank Accounts and the Cayman Islands as these places where nefarious dealings and the rich hide their money and yet they use those same places so for Reid to go after Romney and not look into the tax returns of those in Congress who have off-shore accounts is duplicitous.
My thoughts are that the party is using this to put people in the mindset of what they see in the movies and TV about Swiss Banks and Cayman Islands, to make it sound as if Romney is hiding his money so that if he puts out his tax returns they can show that he only pays 13.6% on his investments since he hasn't had a "salary" in years and "showing" that he isn't pulling his "fair share"
Larry Sabato, a political
analyst at the University of Virginia;
concludes that the Obama campaign has made the calculation that Romney, who
became wealthy in his years in private equity, won't release more returns.
"Every new complicated return gives Democrats and the media lots of
openings for negative charges and stories," (USA Today)
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