Jon Huntsman Sr. Still Wants to See Romney’s Tax Returns
John Huntsman Sr., who was subject of some speculation that he’s the Bain investor who leaked knowledge of Romney’s tax returns to Harry Reid, flat out denied any role in the story, but he is as curious as Reid to see more Romney returns. The Washington Post‘s Greg Sargent got in touch with Huntsman Friday:
“Mr. Romney ought to square with the American people and release his taxes like any other candidate,” Huntsman said. “I’ve supported Mitt all along. I wish him well. But I do think he should release his income taxes.”
So, yes, that takes a little wind out of the sails of those who’d like Reid’s claims to have more solid backing, but it also puts Huntsman on an ever-lengthening list, including The National Review andThe Wall Street Journal editorial board, of those who wish Romney well but also wish he’d release his returns.
Daily Kos founder Markos Moulitsas first suggested Huntsman as the mysterious source for Reid’s very anonymous claim that Romney hasn’t paid any taxes for ten years because of his connections to both Bain and Harry Reid. “That’s absolutely false,” Huntsman told Sargent. “I have absolutely no knowledge of Bain or Mitt Romney’s tax returns.” And that there is exactly his problem.
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This is very well written. I believe you hit the main points. I was a merger and acquisitions specialist with the Deloitte firm. In my capacity as Managing Directer, I worked with most of the larger Private Equity Groups; not Bain, but some of the extremely large Private Equity Groups Most of the private equity groups are very aggressive when it comes to filing tax returns. I have been retired for about 10 years and my data may no longer be accurate. The existence of offshore bank accounts in countries where drug dealers put their moneys is troubling. There is no good reason for putting your money in Panama other than to avoid taxed. I use avoid rather than evade because avoiding taxe is legal and evading taxes is illegal. My principal problem with Mitt’s tax planning is that it shows an uncommon degree of arrogance and greed. He has known that he would run for president for years. Rather than cleaning up his act, he is continuing using very aggressive tax strate. In my opinion his actions are arrogant because he is essentially saying I win the presidency on his terms and keep the money. It is greedy because he just can’t live on income taxed as it should be taxed.
Thank you for providing your analysis.
Thank you so much! You’re approval is appreciated even more than you can imagine! I see that you worked at a big time private equity firm. That is really impressive. Thank you for your feedback, and I hope that we can continue this communication. I’m praying that your surgery goes perfectly, and that you have a speedy recovery afterwards.
God Bless!
And we all know what happens when politicians start thinking.