Here’s the thing about taxes: every bit of our current tax policy offers some insight into our collective approach to social behavior. Specifically, a lot of tax focuses on what we value – and why. It’s why I find tax policy so fascinating and why the tax geeks among us continue to hone in on the specifics in the Tax Code rather than always looking that the “tax due” figure on returns. And I think it’s why even those of you who won’t admit to being tax geeks (well, out loud, anyway) gather around the water cooler and/or your computers in the mornings to dive into conversations about the debates, tax proposals from Romney and Obama and even the candidates’ tax returns.
Harry Bose, a Certified Public Accountant from Read & Bose, PC, is one of those, like many of you, who has interest in what tax returns do – and don’t – tell us. He recently published a piece in Accounting Today that attempted to sort through Romney’s tax returns: A Reaction to the Romney Return. He wondered about what we didn’t see on those returns (including those returns which have not been released) and what that meant. He was kind enough to pass along the online link to the piece (it’s not in paper format yet, I don’t think) and said that I could share it with my readers. Enjoy!
