What an idiot.
Harry Reid: Bain Investor Told Me That Mitt Romney 'Didn't Pay Any Taxes For 10 Years'
Pictured: Harry Reid
WASHINGTON -- Senate Majority Leader Harry Reid (D-Nev.) has what he says is an informed explanation for why Mitt Romney refuses to release additional tax returns. According a Bain investor, Reid charged, Romney didn't pay any taxes for 10 years.
Reid saved some of his toughest words for the presumptive Republican presidential nominee. Romney couldn't make it through a Senate confirmation process as a mere Cabinet nominee, the majority leader insisted, owing to the opaqueness of his personal finances.
"His poor father must be so embarrassed about his son," Reid said, in reference to George Romney's standard-setting decision to turn over 12 years of tax returns when he ran for president in the late 1960s.
Saying he had "no problem with somebody being really, really wealthy," Reid sat up in his chair a bit before stirring the pot further. A month or so ago, he said, a person who had invested with Bain Capital called his office.
"Harry, he didn't pay any taxes for 10 years," Reid recounted the person as saying.
Romney recently told ABC News that he couldn't recall if there were years when he paid below the 13.9 percent tax rate that he paid in 2010. Although he said he was "happy to go back and look," his campaign declined to do just that.
Asked for a response to Reid's latest comments, Romney campaign adviser Kevin Madden said his candidate had "gone above and beyond the disclosure requirements by releasing two years of personal tax returns in addition to the hundreds of pages of personal financial disclosure documents he has provided to the FEC and made public."
"He didn't pay taxes for 10 years! Now, do I know that that's true? Well, I'm not certain," said Reid. "But obviously he can't release those tax returns. How would it look?
Madden added that it was "troubling and disappointing that Senator Reid would cite Governor Romney's father, George, as part of a personal attack against the governor. We have many substantive disagreements with the senator and his policies, but using insults about a father-son relationship is a step too far."
Reid has jabbed at Romney before. Indeed, during the HuffPost interview, he seemed to revel in the headlines and fallout his attacks have caused.
"We feel comfortable in the Senate," he said. "Where the problem is, is this: Because of the Citizens United decision, Karl Rove and the Republicans are looking forward to a breakfast the day after the election. They are going to assemble 17 angry old white men for breakfast, some of them will slobber in their food, some will have scrambled eggs, some will have oatmeal, their teeth are gone. But these 17 angry old white men will say, 'Hey, we just bought America. Wasn't so bad. We still have a whole lot of money left.'"
"So that's the only problem we have with our candidates," Reid concluded, suggesting that virtually everything, his leadership position included, could be swept away by outside cash.
What an idiot.
I can't see this getting any better. When will the GOP start vetting it's candidates ? Kinda like letting Ted Kennedy run for president - if you can't open your closet, don't step into the ring.
Well, at least he knows his Tax Code.
As far as im concerned you cant blame the guy if he was paid strictly in stocks and paid the 15 percent tax on it. Its just another loophole in our tax system.
is it fair that someone who gets paid in the form of dollars is taxed higher than someone paid in stocks? probably not. but hes not breaking any laws. it just probably looks really really bad.
I don't really care about what Romney did with his own private money.
I care a lot about what the gov't does with citizens money.
But is still kicking that same bush style rhetoric that got us all here , We the people dont want to hear that $hit! at allStill better than Obama.
Good, at least he knows how screwed up they system is.
Now, he just needs to teach the rest of us how to do that.
We're just supposed to take Reid's word on this? Yeah, how bout no.....
And if it is somehow true (not likely coming from that weasel), well good for Gov. Romney. It's something all of us wish we could do...
Someone told me Mitt Romney eats newborn kids.Harry Reid: Bain Investor Told Me That Mitt Romney 'Didn't Pay Any Taxes For 10 Years'