Romney should leverage his tax records to re-educate Americans on prosperity capitalism can engender

Flopping Aces ^ | 08-07-12 | Vince

[Starman417]

For months we’ve heard calls from Democrats for Mitt Romney to release his tax records. Last week Harry Reid even claimed he had it from “a number of people” had told him that Mitt Romney had not paid his taxes for a decade and demanded he release them.

I’d like to suggest Mitt Romney actually go ahead and release his tax records. Much like pulling a Band-Aid off a wound, where the fear of the pain is actually worse than the pain itself, I suspect the speculative hay that Democrats will be making over the next three months will be a far more attention grabbing than the actual returns themselves would be.

This is not to suggest that Romney should feel compelled to provide whatever information Democrats seek. On the contrary. I’m suggesting that Romney use his tax returns to do something he has yet to forcefully do: Make a crystal clear argument that capitalism is at the core of American success and it offers virtually every American the opportunity to achieve prosperity. Essentially his argument should be something like: “I’m proud to have earned hundreds of millions of dollars throughout my career. I’ve paid tens of millions of dollars in taxes, I’ve donated tens of millions more to charities and I’ve helped create tens of thousands of jobs and I’ve helped generate billions of dollars in honest income for tens of thousands of American families.”

Such language, when coupled with a telling of his time at Bain demonstrating the impact he and Bain had on companies from Staples, to Gartner Group to Domino's Pizza clearly tell the story of success that capitalism has written in our past and can write for our future.

Staples provides a perfect example. Bain Capital was one of the key early funders of the company in 1986. Not only did Staples itself create over 50,000 jobs within its stores, but it likely created hundreds of thousands more by giving small business people the opportunity to save money on office products, which they could then invest in other areas of their businesses such as marketing, capital and even employees. At the end of the day Bain Capital and Mitt Romney may have made tens of millions of dollars from their Staples investment, but the positive impact on the economy was worth billions.

[Logical me]

Romney should let the rats heads spin. Romney, do not ever release any more of your tax form.

[Graewoulf]

BUMP!

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BTW, I think that Romney should SEAL his Federal and State Tax Records when he announces who his Veep will be.