Forum Post: Willard Mitt Romney's FBAR FUBAR- Did Romney participate in an IRS amnesty for tax evaders? He could clear that up.
Posted 5 years ago on July 23, 2012, 2:33 p.m. EST by fiftyfourforty
from New York, NY
This content is user submitted and not an official statement
Romney could clear some of this matter about tax evasion up with a copy of his FBAR for 2009. That is the year his bank came to an agreement with the IRS whereby UBS client names in Switzerland were given over after the clients had the opportunity to take an amnesty from criminal charges. If Romney was complying with the law back then he would have filed on time an FBAR with the IRS (technically not a part of his tax return but a report to the IRS of foreign bank accounts.) If indeed he was evading taxes illegally the FBAR would either not be there or would have been filed late, as in after the amnesty. If Romney tried to illegally evade taxes, got caught and took an amnesty from criminal charges, as seems very likely, that's something the world ought to know about, given the job he is applying for.
There is however a bunch of other stuff that could prove to have been illegal, even felonious.
He could clear all this stuff up one two three and then move on. Why is he so damned stubborn about this stuff? Here in the Huffington Post the intelligence of the American voter gets royally insulted with the statement that Romney never thought he'd have to show tax returns to the electorate. Wow!
Here's the headline, can you believe that?
Mitt Romney Never Thought He'd Have To Release Tax Returns: Bain Sources