Gibbs to Romney: Come Clean with Tax Records

Sunday, 08 Jul 2012 12:54 PM

By Amy Woods

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Robert Gibbs, senior adviser to President Barack Obama, questioned whether Mitt Romney is complying with U.S. tax laws in regard to the Republican candidate’s holdings in other countries, specifically Bermuda.

Gibbs, appearing Sunday on CNN’s “State of the Union,” said Romney should release several years of tax records to prove his business dealings are legal.

“This is a guy whose slogan is ‘Believe in America,’ and it should be ‘Business in Bermuda,’” he said. “That’s what Mitt Romney’s all about.”

On the topic of the economy, Gibbs defended Obama’s record and said the president has shepherded more than two years of job growth.

“We’re not growing fast enough, and we’re not adding enough jobs,” he conceded. “We’ve made progress, but we’ve got a long way to go.”

Gibbs criticized the Republican Party and Romney for their “central plank” to extend the Bush-era tax cuts, from President George Bush’s two terms.

“We know what tax breaks and tax cuts for the wealthy and financial regulations off of Wall Street mean,” he said. “They mean economic calamity. They mean what we’re dealing with now.”

Obama is 100 percent committed to vetoing the tax-cut extensions, Gibbs told host Candy Crowley

“Most of his plans are secret, but the one thing he has fleshed out is to take the Bush tax cuts, which disproportionately impact millionaires and billionaires, and add to them,” he said of Romney’s budget. “I mean, Candy, do you think we’re a Bush-tax-cut-for-a-millionaire away from a flourishing economy? Or should we protect and keep taxes low for middle-class families and give them a chance?

“We should protect the tax cuts for the middle class, and we should let tax cuts for millionaires and billionaires expire,” Gibbs added.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Cambodia HIV Outbreak: 100-Plus People Diagnosed; Investigation Sought

Friday, 19 Dec 2014 18:50 PM

More than 100 HIV infections in a single Cambodian village have spurred the country's prime minister to ask for an inves . . .

Slender Man Case: Two Girls Competent to Stand Trial in Stabbing

Friday, 19 Dec 2014 18:26 PM

Two girls who allegedly stabbed a 12-year-old friend over the online game Slender Man are competent to stand trial for a . . .

Kate Upton Sexiest Woman Alive; Model Apologizes to Teen Brother

Friday, 19 Dec 2014 17:52 PM

Model Kate Upton was selected as People magazine's first Sexiest Woman Alive, a month after Chris Hemsworth received the . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved