As the imbroglio grows over his mystery IRS returns, GOP frontrunner Mitt Romney is confronting not one but three tax scandals. It's bad enough that Romney pays only about 15 percent of his income to Uncle Sam each year, a rate well below most middle class families. Worse still, the notorious "carried interest" exemption for […]

Mitt Romney made twin revelations on taxes during last night's GOP debate in South Carolina. First, after previously claiming "I don't put out which tooth paste I use either," Romney suggested he might release his tax returns in April after clinching the Republican nomination. (On Tuesday, Mitt pointed to the source of his cowardice, admitting […]

If nothing else, Mitt Romney seems dedicated to proving that repetition of a lie will make it true. On no point is Romney's tilting against the windmill of truth more comically pathetic than his long-ago debunked claim that President Obama "did not cause this recession, but he made it worse." After a tidal wave of […]

For any American concerned about the federal budget deficit, job one must be to collect all of the tax revenue owed to the United States Treasury. That's why supposed Republican deficit hawks simply aren't serious about the national debt. After all, a new report confirmed that steep GOP budget cuts at the Internal Revenue Service […]

His Democratic foe, Mitt Romney declared, would "drag America down to Europe's standards." His opponent represents, Romney insisted, "the old, classic, European caricature that we describe of big government, big taxation, welfare state." But those now-familiar slanders weren't directed at Barack Obama last night in New Hampshire, but against Hillary Clinton in 2007. As it […]

The past week has been a very good one for Mitt Romney's 17 grandchildren. On Wednesday, Romney told a New Hampshire audience he wanted to leave all of his estimated $250 million estate to his grandkids. Then on Monday, a new CBS poll showed their grandfather beating President Obama in a head-to-head matchup. And that's […]

A friendly piece of advice to John McCain: never use the words "Iraq" and "as I predicted" in the same sentence. After all, from his predictions of a short war in which Americans would be "greeted as liberators" and his repeated declarations of "mission accomplished" to his certainty about finding weapons of mass destruction and […]

In October, Mitt Romney famously advised struggling homeowners, "Don't try and stop the foreclosure process. Let it run its course and hit the bottom, allow investors to buy homes, put renters in them, fix the homes up and let it turn around and come back up." But while his policy for underwater mortgage holders is […]

That Mitt Romney's tax plan delivers a windfall for the wealthy and boosts the burden on lower income families while piling up trillions in new debt should come as no surprise. After all, that's true of every contender in the GOP presidential race. Which means that Mitt Romney, the $250 million man who already pays […]

As their uncomfortable joint appearance Wednesday in New Hampshire made clear, 2008 GOP rivals Mitt Romney and John McCain really don't like each other. With good reason. Four years ago, Romney suggested McCain's out-of-control temper made him unfit while the Arizona Senator called the Massachusetts Governor an "a$$hole" and a "f!@#%ng phony" in private. But […]