It’s very likely that Romney paid token or no taxes for many years on his ‘investments’ and that he’s terrified of that becoming public.
For years he raided companies for years to loot them. Once he’d done that he was left with only one decision – to continue looting by busting unions and driving wages down and profits up or to continue looting until the company was dead and then killing it, exporting jobs, closing it and selling off the assets.
Republicans Romney and Bush, like all the rich, are parasites dedicated to preserving and even enlarging the wealth of the rich. They’re very open about it. Democrats Obama and Clinton aren’t nearly as rich as Romney or Bush (although it has to be said that Clinton is well on his way) and they too have dedicated their presidencies to preserving the wealth of the rich.
Obama tapped Clinton economic czar Lawrence Summers, Clinton’s US Secretary of the Treasury from 1999 to 2001. Summers, an early advocate of deregulation of predatory banks was rewarded, according to Robert Sheer writing in Truth-out 01 12 2012 , with over “$8 million in Wall Street loot during the period when he was a top economic adviser to the Obama 2008 presidential campaign… Summers received $5.2 million from the D.E. Shaw private equity fund, which was up to the same sort of shenanigans as Romney’s Bain Capital.”
Sheer goes on to point out that Obama’s chiefs of Staff include “Rahm Emanuel, whose political career was generously backed by Magnetar Capital, an Illinois hedge fund that was a major purveyor of subprime mortgage-backed securities. Then came JPMorgan Chase’s William Daley, paid $5 million a year as the representative of that company in Washington, working to soften Obama’s already tepid efforts at reregulating the banks. And now, Jacob Lew, another Clinton-era retread who made himself wealthy between Democratic administrations by being COO of Citigroup Alternative Investments, specializing in betting that people’s mortgages, which other branches of Citigroup sold, would go belly up.”
Both parties and their candidates controlled and owned, lock stock and barrel, by the rich, the obscene parasitic class whose untrammeled greed produced the Clinton Depression, a 30 year wave of union busting, a steep loss in our standards of living and massive, deliberately maintained long-term unemployment and underemployment. Those who support either of these parties are acting against the interests of working people.