Tax returns may significantly impact presidential debate

Many presidential candidates have experienced unpleasant consequences from releasing their tax returns, The Associated Press reports.

With the candidates for the coming election being pressured by each other and other observers to release their own tax returns and reveal their personal finances, the source notes that the criticism and controversy arising from the documents tends to last for some time, likely leading to a certain reluctance among candidates.

Candidates' returns are typically examined for apparent inconsistencies with their statements on policy, both current and proposed. In a number of cases, the source notes, candidates have also suffered when their spouses did not reveal their tax returns, leading to accusations that something was being hidden.

With tax policy a major issue at the moment and generally expected to be one throughout the next presidential election, the debate may grow more detailed and complex than in the past. Some candidates, such as Teas Governor Rick Perry, have already released theirs. Mitt Romney, considered by many to be a strong contender, has stated he will do so in April.

Day traders and others may wish to examine the clues within candidates' tax returns to evaluate them. Those who have some experience in investment may be more sympathetic to the needs and difficulties of complying with day trading rules and other regulatory measures, as well as the financial situations of those who depend on investment income rather than wages.