Is it because it will reveal he paid no taxes? Possibly, but it’s a little more devious than that.
We may find out that during the recession when he was given the Bush era tax cuts to reinvest in the economy and grow it, he instead shipped those savings into offshore accounts while the country suffered.
The purpose? Maybe to set up trust funds for his children and grandchildren and earn interest. To guarantee his clan future wealth. Definitely a smart thing to do.
BUT it hardly supports the purpose of the Bush tax cuts which were given to encourage the 1% so-called “job creators” to go out and reinvest their savings into the American people so that the wealth could “trickle down”.
What really ended up happening? The wealth remained trapped in the 1% and shipped overseas to guarantee the survival of their future generations, while the rest of us hard working American middle class were forced to suffer during the recession.
Why won’t the ex-governor Mormon Rich money release his tax returns? It would reveal why he fights hard for the 1%.