A rising Republican in the House said this morning on CNN that Mitt Romney should not bow to Democratic pressure to release all of his tax returns following a Vanity Fair investigation of his offshore accounts.
“Governor Romney has paid 100 percent of his taxes that are owed. He has complied 100 percent with what the law requires,” said Rep. Jason Chaffetz (R-Utah). “…He’s been very successful. He has released everything that is required to be released, including paying more than 16 percent of his income to charitable givings.”
Romney has maintained that there is “nothing hidden” in the unreleased returns and “all the taxes are paid, as appropriate.”
“I think it’s a diversionary tactic. Most people don’t care about this. Governor Romney has been very successful. Get over it. It’s a reality. He’s been successful,” Chaffetz said.
“He is doing everything that’s required by law,” the congressman continued when pressed on the issue. “He’s had these things in blind trust for a number of years. He was governor for four years. He is one of the most well vetted people out there, and he has done everything required as possible.”
Chaffetz also responded to President Obama’s Bush tax cut mission by noting that “federal spending is atrocious” and needs to be cut.
“To hear President Obama and the Democrats say it, we are just one good tax increase away from prosperity in this nation,” he said. “That’s not true. You don’t raise taxes in times of such uncertainty.”
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