Jeff Neal for C.U.R.E. - Certain Unalienable Rights Endowment

Mitt Obama’s 28.3 MegaByte Tax Return

In Opinion on January 22, 2012 at 4:21 pm

Mitt Obama?  Of course you think I meant Mitt Romney’s return, but read on.  Maybe I meant that Irish fellow, Barack O’Romney.

First, The Wall Street Journal editorial board reported on January 19, that “[w]hen he recently visited the Journal, Mr. Romney all but said he didn’t think he could propose a tax reform with lower rates because he’d be attacked as a rich guy.”

And, then on January 22nd, Mitt Romney revealed his plans to release his 2010 tax return on January 24th along with an estimate of his 2011 taxes.  The left (and Rick Santorum) will scowl, scour and find in his return signs of ‘unfairness’ in the system along with innumerable ways the deck is “stacked in favor of the wealthy, the 1%.”  They will wax indignant and at length.

Then, in the next debate, Mitt will squirm, smile, nod, pause and then say “Well, ya know, I just followed the tax code as written by a bunch of Washington insiders, so if you think taxes are unfair, elect me and help me make taxes more fair for all Americans.”  Then remembering his consultants’ best line, he will add, “I won’t apologize for being successful.  I won’t apologize for the free enterprise system.”

So, what’s the problem?  Well, we know already that Mr. Romney is proud of himself and his accomplishments, and none of us begrudge anyone’s success.  The problem is that Mitt Romney doesn’t have enough pride (or money) for all Americans to be successful.  He has not proposed and will not (can not? – see above quote from WSJ) support policies that protect every American’s right to pursue happiness.  Mitt Romney wants to trim the hedges around the DC establishment’s playground, and they know he has no intention of taking away any of their toys.

Here’s how we know that.  Mitt Romney should have said, weeks ago, one of two things about his tax returns.

1.  “Screw it.  I’m not releasing my tax returns.  You know I’m wealthy and you can assume that I’ve filed every form and paid every dollar of tax the law requires.  It’s no one’s business exactly how much I’ve paid in taxes, given to charity or otherwise invested money that is mine.  If that means you will vote for someone else, so be it.”  It’s what he wanted to say, it would’ve been admirable, and it also would have cost him most of his votes.


2.  “My tax returns for the last 25 years will be on the web as soon as they can be scanned into the computer.  They will reveal that I have used umpteen dozen legal tax deferral and avoidance tactics.  They will reveal that I have an investment portfolio designed, at great cost by the best tax accountants money can buy, to minimize how much of my income is exposed to taxation and, then, at the lowest legal rate.  Critics will suggest that had I invested my money differently, had the code been written differently, more of my income would be taxable, and Uncle Sam would have taken more of what is mine.  They’ll suggest that the tax code that encouraged me to invest in projects X, Y and Z rather than projects A, B and C should be made more ‘fair.’  And, they’re right.  Every last one of the tax avoidance schemes I have used to minimize my tax liability for the last 25 years should be repealed, and I want you to elect me to make that happen.”

Right.  He’s gonna say that last part; and, I’m going to be in the NBA Hall of Fame!

Imagine the howling that would ensue.  That’s why Mitt Romney must not be the GOP nominee.  He can not lead a revolution against the establishment, because the establishment’s life-blood, their unifying mission, their raison d’être is their ownership and control of Title 26 of the US Code.  The Internal Revenue Code, the most powerful weapon ever known to mankind, gives the US government and its moochers the power to steal from the most free, most productive, most wealthy people the planet has ever seen.

Title 26 of the US Code was followed to the letter by Mitt Romney.  It was in place and subject to any change Barack Obama would have liked while the Democrats controlled the Senate and the House from January 21, 2009 through December 31, 2009, the last day on which the Internal Revenue code could have been changed to make Mitt Romney’s 2010 tax return more fair.  Why would the men and women who control the most powerful weapon ever give up their power?  Why would they give their weapon to Mitt Romney now that they know Barack Obama wants it to make it more powerful?  What incentive does Mitt Romney have to force them to give him the ability to take the bullets out of their gun – his accountants figured out how to dodge most of the bullets already?

This is where it becomes clear that Mitt Obama was not a typo.  Anyone who dislikes Mitt Romney’s 2010 tax return can send their complaints directly to one of three offices – The Oval Office, Majority Leader Harry Reid’s office, or former Speaker Nancy Pelosi’s office.

It’s not just Mitt Obama’s tax return, it’s Barack O’Romney’s tax code, all 28.3 MegaBytes and 9,127 PDF pages of it.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: