Oh, Mitt Romney, How You Tease Us with Your Approximate Effective Tax Rate

As we know, inevitable GOP Presidential nominee Mitt Romney hasn't been too forthcoming with his 1040, basically saying to hell with tradition and his own son Tripp Kip Skip Flip MATT! suggested (jokingly but sorta seriously) that just as soon as Imam Obama released his birth certificate, maybe dear ol' dad would dig out the tax return. 

However, in last night's debate, Mittens' armor started to crack on the tax return question:

Romney did not firmly commit to releasing his records but said historically candidates have released them around April. "That's probably what I'll do," he said.

That's nice and all but we demand official government documents with the amount of money you made in past years NOW, Willard and your teasing is not appreciated:

Mr. Romney  said his effective tax rate is “probably closer to the 15% rate than anything.”

Jesus Christ of Latter Day Saints. I guess we'll all just have to continue dreaming of your gigantic capital gains. Damn you, Mittens. Damn you.

Romney Says His Effective Tax Rate Is ‘Probably Closer to 15%’ [WSJ]
Romney unscathed from debate attacks [Reuters]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

One IRS Cafeteria Is Serving Musty Tax Documents For Lunch

When it comes to the IRS’s backlog of paper tax returns, a picture is worth a thousand words. This photo was tweeted last week by Natasha Sarin, an economist, law professor, and counselor for tax policy and implementation at the Treasury Department. At the IRS in Austin, cafeteria is overrun with paper returns awaiting processing […]

CPAs: Make Direct Indexing Your Estate Planning Secret Weapon

Traditionally, the role of accounting professionals in estate planning has been tertiary at best, with clients consulting CPAs only on the tax implications of select decisions—or simply leaving them out of the process altogether.  As you’re certainly sick of hearing by now, however, today’s most successful CPAs are taking on more advisory functions, with one […]