Mitt Romney continues to stand firm against calls for him to release more than 2 years of tax returns.
The Obama campaign attacks Romney on not disclosing additional returns, citing the release of 12 years of President Barack Obama's tax returns and Romney's father, George Romney,.the former governor of Michigan, who also released 12 years of returns when he ran for the 1968 presidency.
Why doesn't Romney release additional returns?
CNN's Erin Burnett takes a look at why he should release additional tax returns and what possible strategy Romney may use if he did release them.
Why won't Romney release more tax returns?
By announcing that he will release no further tax returns beyond his 2010 and 2011 returns, Mitt Romney appears to have exempted himself from the proud bipartisan tradition of presidential nominees displaying genuine financial candor with the electorate.
What is more, his disclosure to date is in the wrong direction: It is the release of Romney's past returns, not his current ones, that matters.
Since George Romney inaugurated the practice more than 40 years ago by releasing 12 years of tax returns in his bid for the Republican Party nomination, presidential nominees have been transparent with voters about their personal finances. For this reason, we have not suffered a significant tax scandal involving a nominee or sitting president since President Richard Nixon's abuse of the tax code.
Either Romney has an unresolved father figure issue, or he has some special reason not to follow a tradition established by his father.