Tax Return Question News Today

>> so they are staffing up and, kasie, where are the democrats going with this? and im wondering if theres a unanimity of opinion about where they go. im thinking particularly about the tax return question. in dispute over when they do it. do they do it now? do they wait to build a case? where are the democrats on all of this? >> well, chris, nancy pelosi is proceeding in her usual way. very carefully, very strategically. that has, as you allude to, drawn some criticism from people who want her ...

Legal road blocks in the way of this as possible. and, of course, that always leads to the risk that you could potentially lose in court. so she knows that she wants to be very careful not set a precedent that would potentially make it harder for the house to exercise its oversight powers either in this case or in the future. and this is something she has spent a lot of time thinking about. and this is the strategy that is applied across the board. this tax return question is going to come up th...

Only the strategies, but to learn more about the investments. i think the tax rate argument in a sense has been made and politically, the political thing for the democrats to enforce it, but the more lasting argument about returns is even if he paid 30% rate, that should not negate that people who want to be president should disclose their tax returns. >> the question is, john, is an october 15th, throwing out i guess a bone to the media saying all right, here -- >> thats the legal deadline. tha...

Ready for this question? for the tax returns question? i mean its not like he didnt know this was going to come up. >> this is his achilles heel and there is no answer to the tax return question. the fact is if you look at his tax return there are going to be cayman island investments, a swiss bank account, there is going to be years he probably didnt pay any taxes. this is a disaster. donny is right about this. this goes to the heart of why you do or do not vote for somebody. this thing, this i...

He created this in many ways, richard nixon did in 1968. he was a lawyer on wall street running against wall street and lawyers. and i think theres an enormous amount of that vocabulary, that going on right now. >> nixon, i think got more votes than any politician in history. >> heres the question. can -- what is a good starter for gingrich, because this has worked now, be a good finisher? and thats -- but then you have bleak house america believes in america. >> we also have mitt romney just co...

Probably or at least my advice would have been to begin elsewhere and then perhaps in the second half of the debate come into some personal issues. >> and if youre lucky, newt will say something about somebody elses character and then you can say speaking of character. >> you can have an opening. >> youve opened the door. so let me ask you about charges against you. >> and hed never addressed it. that was the moment -- theres a real reason to answer the question because no one knew what his resp...

Saying, between how you run your business and whether that is the right template for how you run your government. bain is about yields -- >> it was not about job creation. >> people want to criticize bains existence, it was about yields, people got their yields back and by that measurement it did okay, but it did not do okay because they will not confirm a net gain job because its not good for romney. >> romney is running on his record as a executive and job creator, lets talk about his tax retu...