How you’re paying Mitt Romney’s taxes (which he’s keeping secret)


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Romney "Money" Photo with "All Your Wealth Are Belong To Us."

So, did you enjoy paying your taxes by yesterday’s deadline? Whether you did or you didn’t, you’ll want to check this out:

That’s how Mitt Romney pays a lower tax rate than most people.

Would you like to know how much Romney paid this years in taxes? Maybe you will — but not right away, because he took an extension on his taxes. This is almost surely not because his taxes weren’t done — after all, Romney had to pay the taxes by yesterday’s deadline (or else pay a penalty) and he has people for the “doing them” part. It’s very likely a political calculation. The returns will, I predict, be released before the November election (so as to blunt their impact), but he’s going to find the perfect time to release them so that they’ll get the least notice and be “old news” before anyone talks about them on a normal news day.

My guess for when Romney’s 2011 will be released? Roughly 1:45 p.m. Pacific Time on Friday, May 25 — the day that people depart for Memorial Day weekend. You don’t get any more news-dumpy than that between now and the Republican Convention.

Unfortunately, if it happens then I won’t be able to claim to be precognitive — just cynical about Mitt.


About Greg Diamond

Worker's rights attorney now moving into "good governance" litigation. North Vice Chair of Democratic Party of Orange County and occasional candidate. Proud to be prolix. Unless otherwise specifically stated, his writings never speak for the Democratic Party at the local, county, state, national, or galactic level. He tries to either suppress or openly acknowledge his partisan, issue, ideological, and "good government" biases in most of his writing here. If you have a question about any particular writing, just ask him about it and (unless you are an pseudonymous troll) he will probably answer you at painful length. He lives in Brea but generally doesn't blog about it. A family member works as a campaign treasurer for Wendy Gabriella in AD-73; he doesn't directly profit from that relatively small compensation and it doesn't affect his coverage. He does advise some campaigns informally and without compensation, although in 2014 he may receive some compensation for campaign consulting and fundraising for the campaign of Jorge Lopez for Orange County Assessor.