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Adam Hanft

Adam Hanft

Posted: February 13, 2008 01:15 PM

Why Won't Hillary Clinton Release Her Tax Returns?


Hillary Clinton claims she's battle-tested, but she won't let the public test her tax returns. While Barack Obama has released his into the clutches of the forensic accounting crowd, she's steadfastly refused to make hers available. The only financial disclosure she's made is the obligatory filing that is similar to what members of Congress have to produce, but which has far less detail than the actual tax returns would provide.

In fact, the disclosure documents are essentially a shield, revealing only "income sources and investment holdings in broad financial categories" notes ABC News. They disclose "...only a fraction of the information available on tax returns."

Truth is, she's following in the footsteps of her joint-filing spouse. According to ABC, "Since 1984, only one major presidential candidate -- Bill Clinton in 1992 -- has refused to release the tax forms he sent to the Internal Revenue Service."

If you asked 100 people who was the only post-Watergate candidate to defy the convention of allowing voters the transparency of mucking around in their tax return, how many do you think would say it's Bubba, who might have had a messy private life, but who had been a dedicated public servant -- laboring as a multi-term, underpaid governor of a poor state while he could have been making big bucks in the private sector.

It's one thing to argue that your personal life should be private, but your financial life needs full, Linda Tripp-like, hospital-gown exposure. If anything, after waterboarding, it's a time for over-boarding. (By the way, to be honest President Clinton did release his tax forms in 1996, as did Bob Dole, who also went back 30 years.)

But enough about Bill. The question at hand is why Senator Clinton is allowing this to remain a political issue, and encouraging us to savor the hidden treasures -- questionable sources of income, wily tax moves, inappropriate pantsuit deductions -- rather than swiftly removing it from the table by taking those suckers out of the vault?

Does her refusal entitle us to think the worse? I believe it does, given that her campaign is masterful at calculation, that it must have done the strategic arithmetic and decided that the heat they're taking for non-disclosure is less hellish than the alternative. After all, as ABC pointed out, "Only tax forms would reveal whether a wealthy candidate -- many of the 2008 candidates are multimillionaires -- have used loopholes to duck taxes."

Senator Clinton's position is symptomatic of a deeply troubling, imbricated pattern of her campaign: selectively playing-by-the-rules, while universally claiming the high ground as both moral leader and political victim. In the current New Yorker, Rick Hertzberg writes:


"For some Democrats, a final straw has been the Clinton campaign's sudden interest in changing the rules. In Nevada, where the state's Democratic Party had provided special caucus sites for casino workers, Clinton allies tried to get them shut down after a union representing many of those workers endorsed Obama.


The Democratic National Committee warned the Party's affiliates in Michigan and Florida that if they moved their primaries ahead of Tsunami Tuesday they would lose their Convention delegates. They did so anyway, and now Clinton -- whose names was the only one on the Michigan ballot and who carried Florida, where no one campaigned -- is demanding that the two states' delegates be accredited."

Let's forget for a moment the vulnerabilities this creates for Senator Clinton's ability to withstand the Republican attack machine -- which happens to be a large part of her electability argument. There's a more fundamental issue at stake: how can someone with murky finances herself, become the galvanic force required to break the pay-to-play slime that lubricates Washington? (And yes, those on the mixed metaphor watch, slime can indeed lubricate.)

Senator Clinton's supporters argue that her experience matters, that she knows her way around Washington. Hmm. "Knows her way around things." You couldn't come up with a richer double-entendre if you tried.

 
 
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03:46 AM on 02/14/2008
"...how can someone with murky finances herself, become the galvanic force required to break the pay-to-play slime that lubricates Washington?"

hillary wants to keep the 'pay-to-play slime that lubricates Washington' lobbyists, claiming that they have an important and worthwhile role to play in DC politics

HEY HILL!!!!!!!
WE (THE PEOPLE) DON'T NEED MORE FOXES GUARDING THE PAY-TO-PLAY HENHOUSE - WE NEED SOMEBODY WHO WILL CLEAN IT OUT!!!!!!!

so what, exactly, is it that you are hiding? the American electorate needs an answer before we can vote for you.
10:29 AM on 02/14/2008
I cannot believe this is not the headline in every newspaper and the first question asked in every interview and every debate. Why won't she release the returns, does she have something to hide? And she says she will only release them if she is nominated. Why then? Does she figure Dems will HAVE to vote for her no matter how sleazy her finances are? Forget that.

The DNC, Howard Dean, and every super-delegate should be clamoring for this information to be released. SHE was talking about the importance of transparency the other day on TV. Good first step: be transparent yourself.
09:49 PM on 02/13/2008
I always gave the clintons the benefit of the doubt... before this campaign, during which they have revealed themselves to be too close to Bush for comfort. We better run from them as fast and as far as we can. No more outlaw presidents, please.
08:59 PM on 02/13/2008
Well, this is what HER supporters prefer---DARKNESS!!!
HUFFPOST SUPER USER
Rianna
05:00 PM on 02/13/2008
If Hillary can't be honest and open at this stage of the game, we can only expect more of this garbage if she becomes President!
Perhaps people have forgotten just how secretive the Clintons were in the WH.
Bush, Clinton, Clinton, Bush, Bush, Clinton?
Aaaaaargh!!!!!
09:02 PM on 02/13/2008
Trust me, she will not become President even if she wins the nomination.

There is something big looming over her and it won't take much for the Republicans to find out what it is. Prehaps a stain of some sort on her "blue" tax returns.

LOL
10:38 AM on 02/14/2008
If Hillary can't be honest and open at this stage of the game, we can only expect more of this garbage if she becomes President!

How do her supporters trust this person

When have either of the Clintons ever been honest and open. Let us go back to some examples of her dishonesty in episodes such as Travelgate, cattle futures, the removal of the Vince Foster documents, Castle Grande, billing records and her husband's philandering.
04:03 PM on 02/13/2008
The fact that Hillary thinks she's above the rules and that they don't apply to her is one of the many reasons I refuse to support her. We already have a president with that attitude. We don't need another.
03:06 PM on 02/13/2008
They probably don't want people to know about the payoffs and legal fees that they used for tax deductions and the source of foreign income from people tied to the Bush Administration and other shady figures.
02:27 PM on 02/13/2008
Brillllliant piece. Flawless logic. The very last thing this country needs now is a president who is unwilling to play by whatever rules are left. We have had enough of that crap to last several thousand years.