David Cay Johnston: To calm the storm, Romney should release returns for 1984–1999 (the Bain years), and not just the most recent two years of the eight years he’s been campaigning for “President”.
If Mitt Romney makes good on his promise during Thursday night’s Republican candidates’ debate to release “multiple years” of his returns, it will likely stir up rather than calm the political storm unless he makes public all of his returns from 1984 through 1999. Those are the years when he built a fortune of more than $200 million while running Bain Capital Management
Johnston’s concerns fall into three categories:
▪ The “carried interest” loophole that allows his income to be earned now and taxed later
▪ His Cayman Island accounts
▪ The $100 million trust fund for his sons
Interesting game that Willard has gotten himself into.
