What Romney's Hiding: 'It's the Amnesty, Stupid'
huffingtonpost.com — Why does the press feign puzzlement about what Romney is hiding by not revealing his 2009 tax returns? His disclosure of his 2010 account omitted information about his Swiss bank account at the Union Bank of Switzerland (UBS). Why is the press not asking for this form? UBS was fined $760 million for putting Americans into abusive tax shelters and forced to reveal more than 4000 Americans who banked with them under numbered accounts. The 4000+ Americans who were exposed by UBS were offered amnesty from criminal prosecution for tax evasion if they closed their Swiss Account, recalculated and paid all back taxes and paid a 25 percent penalty on the largest amount. Romney closed his UBS account in the time required. He did not close his other foreign accounts. Should not the press be peppering Romney with questions about amnesty?