That is the most important question regarding Romney’s current tax return fiasco.
In 2008, you may recall, a whistleblower at Swiss bank UBS informed the IRS that American clients held thousands of Swiss accounts at the bank to avoid paying U.S. taxes. UBS initially refused to give up the names of those with accounts citing Swiss law, but eventually caved, gave up the names, and paid a substantial $780 million fine.
But the IRS didn’t prosecute those tax evaders. Instead, it decided to establish (in 2009) the so-called “special tax amnesty program,” which gave legal immunity and limited penalities to those who voluntarily turned themselves in (read: free ride). It also kept these names anonymous. So then: Did Romney, who disclosed that he had a Swiss bank account at least in 2010, take advantage of this program? Why won’t he come clean with American voters? And why aren’t more people asking these questions?