Why Mitt Romney won't release his tax returns: 6 theories

Romney digs in his heels even as some Republicans say it's time for him to give the public a better look at his personal finances

Mitt Romney will only release his two most recent tax returns, leading some to speculate the presumptive nominee is hiding his wealth, an exceptionally low tax rate, or worse.
(Image credit: AP Photo/Julie Jacobson)

With President Obama's campaign hammering Mitt Romney over his personal finances, even some Republicans have begun calling for the presumptive GOP nominee to release more than two years of his tax returns. Conservative political analysts say Romney is allowing people to assume he has something to hide. "It's crazy" not to release several more years of returns, "tomorrow," says William Kristol, editor of The Weekly Standard. Despite the pressure, Romney said Monday on Fox News that he was releasing his 2010 and 2011 returns, and nothing more. Why won't he turn over documents from other years? Here, six theories:

1. Romney's income might have been extremely high

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