The record would be the tax returns,,,, which are not subject to FoIA.
It is just odd to me that he wouldn't release them as has been the norm for the last 7 or 8 Presidents. It seams to me we are only missing a year or two so why would it be worth it to him not to do so? Why make a point of it unless you would rathr take the heat for not doing so than for what it contains. Just thinking out loud. It would have set him right with the law and cleared that hurdle..... risk management.
"Wealthy U.S. taxpayers, concerned about an Internal Revenue Service crackdown on the use of secret overseas bank accounts as tax havens, are rushing to meet a Thursday deadline to disclose those accounts or face possible criminal prosecution. The concern was triggered this summer when Switzerland's largest bank, caught up in an international tax evasion dispute, said it would disclose the names of more than 4,000 of its U.S. account holders.
The decision shattered a long-held belief that Swiss banks would guard the identities of its American customers as carefully as they did their money, and it raised concern that other international tax havens might be next. Under an amnesty program, the IRS is allowing taxpayers to avoid prosecution for having failed to report their overseas accounts. As a result, tax attorneys across the nation have been besieged by wealthy clients who are lining up to apply even though they will still face big financial penalties."
I have no idea what's up but if his refusal to release them doesn't raise a red flag then you (no one in particular) just don't want a red flag.
Edited by user
14 years ago |
Reason: Not specified