Thread: Donald Trump rejects Mitt Romney's ironic tax attack

Donald Trump rejects Mitt Romney's ironic tax attack

By Stephen Collinson, Jeremy Diamond and Hasan Khan, CNN
Updated 9:14 PM ET, Wed February 24, 2016

(CNN )Donald Trump is leaving the door open to not releasing his tax returns, just hours after Mitt Romney warned Wednesday that the billionaire's tax documents could contain a "bombshell."

The GOP front-runner said in an interview with CNN's Anderson Cooper that he will "make a determination over the next couple of months" as to whether he will release his tax returns.

Trump rejected Romney's accusation out of hand, saying "there is no bombshell at all other than I pay a lot of tax and the government wastes the money."

And Trump also slammed Romney, whom the real estate mogul endorsed in the 2012 GOP presidential nominating contest, as "yesterday's news."

Romney's biting attack hinted at clear signs of alarm in the Republican establishment at the billionaire's tightening grip on the party's presidential race.

"We have good reason to believe that there's a bombshell in Donald Trump's taxes," Romney told Fox News, and also called on the top anti-Trump contenders Sens. Ted Cruz and Marco Rubio to disclose their tax information as well.

"Either he's not anywhere near as wealthy as he says he is, or he hasn't been paying taxes we would expect him to pay or perhaps he hasn't been giving money to vets or to the disabled like he's been telling us he's been doing," Romney added.

The 2012 Republican nominee's broadside followed Trump's thumping victories in three of the first four GOP nominating contests, including in Nevada on Tuesday night, which have established the billionaire businessman as the party's undisputed front-runner.

It was also an attack steeped in irony, since Romney was on the receiving end of similar claims by then-Senate Majority Leader Harry Reid, when Democrats eviscerated him over his fortune and business record during the 2012 campaign. Reid zeroed in on his taxes, saying he hadn't paid any in a decade without offering any evidence to support the claim.

Romney, who decided against a third presidential run last year after initially considering jumping in to the race, uncorked his attack on Trump, ahead of next week's Super Tuesday contests that could further cement the billionaire's strong front-runner status in the GOP presidential race.

Romney's move appeared to not just be a sign of concern that Trump -- after defying pundits and political logic since he launched his "outsider" campaign last summer -- could actually go on to claim the Republican nomination.

It was also a sign of skittishness about the damage the Democrats will try to inflict on Trump, who has a long and sometimes controversial business record, in a general election, if he does indeed emerge as the GOP nominee.

"They were all over me for my taxes," Romney told Fox.

While Cruz and Rubio have yet to release their tax returns this campaign season, years of tax returns from both candidates are already publicly available from the time when they ran for Senate.

Reid ignited a firestorm in the 2012 presidential race by claiming on the Senate floor, without presenting any evidence, that "the word's out that he hasn't paid any taxes in 10 years." His attack was part of a fierce effort by the Obama re-election campaign to portray Romney as an out of touch and heartless businessman unable to understand the economic problems afflicting the middle class. Reid later told CNN that he did not regret his move, noting archly that Romney did not win the election.

The irony of the moment struck one key member of Obama's re-election campaign.

"Did Mitt Romney just do to Donald Trump on tax returns what he was so mad at Harry Reid for doing to him?" said former Obama political adviser and current CNN commentator Dan Pfeiffer on Twitter.

Under intense pressure, Romney did finally release his tax returns during the campaign, but when it emerged that he had paid around 14% taxes on his 2010 return -- less than most Americans -- there was political uproar that played into the hands of the Obama campaign.

The former Massachusetts governor was taking advantage of rules in the tax code under which income derived from dividends and capital gains is taxed at lower rates than traditional wages.

Trump last summer released his personal financial disclosure shortly after announcing his presidential run and has consistently touted the fact that he released his financial numbers ahead of schedule.

Trump said he was worth $8 billion, a figure he and his accountants later revised to $10 billion when he officially released his personal financial disclosure. Forbes has estimated Trump's net worth at $4.5 billion, a figure Trump has disputed.

On Wednesday, Trump also stressed that his tax returns "are extremely complex," which Romney has rejected given that Trump would only need to publish several years of past tax returns which he has already filed.

Trump stressed as he has in the past that he pays "as little as possible because it's an expense and it's not one I'm happy paying because frankly the United States government wastes a lot of money."

http://www.cnn.com/2016/02/24/politi...d-trump-taxes/

Boy, if Mitt hadn't already learned how to make his name a dirty word, he sure figured it out here. Republicans oppose the income tax, Republicans oppose income tax returns, so the last thing a Real Republican does is use anything to do with someone's personal income tax as a criteria for choosing a President of the United States.

The only people who want to see Trump's tax returns are the liberal Trump hating media and Mitt Romney.

Don't give 'em the tax returns. You don't have to, you're not required to, it's not a requirement to run for President of the United States. Tell 'em to stuff it their request to see your tax returns where the sun don't shine.

The establishment is getting desperate imo.

by ALEX SWOYER
25 Feb 2016
Washington, DC
511 comments

GOP frontrunner Donald Trump took to Twitter to blast Mitt Romney after the 2012 Republican nominee hinted there could be a bombshell in Trump’s taxes.

Donald J. Trump ✔ ‎@realDonaldTrump
Mitt Romney,who totally blew an election that should have been won and whose tax returns made him look like a fool, is now playing tough guy
3:13 PM - 24 Feb 2016

Donald J. Trump ✔ ‎@realDonaldTrump
When Mitt Romney asked me for my endorsement last time around, he was so awkward and goofy that we all should have known he could not win!
3:26 PM - 24 Feb 2016

“We have good reason to believe that there’s a bombshell in Donald Trump’s taxes,” Romney earlier stated on Fox News. He also called on Sen. Marco Rubio (R-FL) and Sen. Ted Cruz (R-TX) to release their tax information.

“Either he’s not anywhere near as wealthy as he says he is, or he hasn’t been paying taxes we would expect him to pay or perhaps he hasn’t been giving money to vets or to the disabled like he’s been telling us he’s been doing,” Romney charged.

UPDATE:

Trump was back on Twitter Thursday:

Donald J. Trump ✔ ‎@realDonaldTrump
Mitt Romney, who was one of the dumbest and worst candidates in the history of Republican politics, is now pushing me on tax returns. Dope!
4:34 AM - 25 Feb 2016

Donald J. Trump ✔ ‎@realDonaldTrump
Why doesn’t @MittRomney just endorse @marcorubio already.
Should have done it before NH or Nevada where he had a little sway. Too late
now!
8:05 AM - 25 Feb 2016

Donald J. Trump ✔ ‎@realDonaldTrump
Just for your info, tax returns have 0 to do w/ someone’s net worth. I have already filed my financial statements w/ FEC. They are great!
8:22 AM - 25 Feb 2016


Donald J. Trump ✔ ‎@realDonaldTrump
Signing a recent tax return- isn't this ridiculous?
8:35 AM - 25 Feb 2016

Donald J. Trump ✔ ‎@realDonaldTrump
I'm going to do what @MittRomney was totally unable to do- WIN!
8:44 AM - 25 Feb 2016


http://www.breitbart.com/big-governm...ard-and-goofy/

"They were all over me for my taxes," Romney told Fox.

This is very true. Seems I remember he was catching flack here on ALIPAC too.

The only people who want to see Trump's tax returns are the liberal Trump hating media and Mitt Romney.

Not true. I'm interested in seeing if all the candidates finances are as they say.

Well, then it seems to me that when Ted Cruz failed to note his loans from Goldman Sachs and CitiBank when he ran for the Senate would have been as of much interest to you and it was to me. Of course that's not part of a tax return, that's part of a financial disclosure statement filed when you run for federal office. Trump filed his early months ago. That's a disclosure required by law. Tax returns are not required and you're not entitled under the law to see those.

My point was that no one supporting Trump has asked to see his tax returns. These requests for the tax returns were from "reporters", the media and now Mitt Romney none of whom are voting for Trump, so why give them to your Haters? This whole tax return thing started with Romney's dad, who wasn't even eligible to run for the office to begin with because he was born in Mexico.