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Nixon was under an audit and released his.
“There is no standard,” said Joseph J. Thorndike, director of the Tax History Project at Tax Analysts, a nonprofit, nonpartisan publisher of tax information. “Some candidates have released a lot more returns and others about the same number. It depends on the particular politics at the time and if they are trying to pressure the people they are running against to release more of their returns. Someone will release a lot of returns when they think they have an advantage over their opponent.”
In 2008, for example, he said, Barack Obama released seven years of tax returns to pressure then-Democratic primary opponent Hillary Clinton to follow suit.
But while a search for a standard is hopeless, and Romney is not out-of-bounds compared with what others have released, Thorndike said, “He is a little out of step with the modern trend. In recent years, we’ve seen a lot of returns.”
The clamor is always louder for wealthy candidates, Thorndike said. And Romney, he said, “is one of the richest candidates we have had in a long time.” The Romney campaign puts Romney’s worth somewhere between $190 million and $250 million (financial disclosure forms put it in the broad range between $85 million and $264 million).
Romney and the Tax Return Precedent
In a press conference on Nov. 17, 1973, Nixon faced questions about the leak and his tax returns. He defended the donation of his papers, and belatedly welcomed a thorough investigation of the issue, adding: “People have got to know whether or not their president is a crook. Well, I am not a crook.”
Facing overwhelming pressure, Nixon agreed to turn over his tax returns to the Joint Committee on Internal Revenue Taxation. As the panel's members interviewed Nixon’s aides, suspicion of the president grew.
Nixon's Failed Effort to Withhold His Tax Returns
But then things unraveled. The best account of Nixon’s tax travails comes from the historian Joseph Thorndike.
originally posted by: Picklesneeze
a reply to: dukeofjive696969
Trump supporters aren't out rioting and attacking innocent citizens-(as we speak)-it's hilary and bernie supporters.
Or are you going to show your complete lack of integrity (as usual) and continue to pretend otherwise?
originally posted by: Boadicea
a reply to: kaylaluv
But I get it - you hate Obama and nothing he does or doesn't do will ever placate you. Keep up the hate if it makes you feel good. It doesn't make me feel good, so I'm trying to be fair to Trump.
Stop Shaming Trump Supporters
originally posted by: gortex
a reply to: brutus61
What kind of statement does it make to the American public
It shows he's not a hypocrite , like any sensible person he doesn't like Trump so he's doing what he has to do and no more.
It's a sign to Trump that his past actions and statements will come back to haunt him.
originally posted by: marg6043
He didn't opt out because he wanted, but because it was a function after the meeting at the white house with Trump and the meeting took 1 hour too long.
It was in the news you people he meet with the Cavaliers right after the meeting in At the White house, the Cavaliers were there already too.
originally posted by: AlbanArthur
originally posted by: brutus61
We could ignore all of our problems but it has never made any of mine go away. If it is such a non issue then why not take the TRADITIONAL photo?
If it is such a non issue then why not submit the TRADITIONAL tax returns?
originally posted by: kaylaluv
a reply to: Boadicea
But no, ya'll keep on with the "Obama is an asshole because he told reporters no way was he gettin' his picture taken with the oompa loompa pres-elect - Wall Street Journal seyz so".