Surprise! We’ll skip the rehash of the whole issue and skip to the meat of the decision
(Politifact) Reid has said Romney paid no taxes for 10 years. It was no slip of the tongue. He repeated the claim on at least two more occasions, at one point saying that “the word is out” when in fact it was only Reid who put that “word” out.
Reid has produced no evidence to back up his claim other than attribution to a shadowy anonymous source. Romney has denied the claim, and tax experts back him up, saying that the nature of Romney’s investments in Bain make it highly unlikely he would have been able to avoid paying taxes altogether — especially for 10 years.
Reid has made an extreme claim with nothing solid to back it up. Pants on Fire!
There’s no possible way for a many of Romney’s wealth to have avoided paying taxes for 10 years without showing up on the radar of the IRS. Just ask Wesley Snipes. Furthermore, there’s statistically no possible way that someone of Romney’s wealth could manipulate the tax code to pay a net federal tax rate of zero percent, and certainly not without a highly publicized audit by the IRS.
Meanwhile, Harry Reid still won’t release his own tax returns
Senate Majority Leader Harry Reid again deflected questions Monday about releasing his tax returns, even as he continued to pound the demand for Mitt Romney to make more of his own public.
Instead, Reid pointed to the financial disclosure forms he files as a member of Congress, which provide different information.
Reid spokesman Adam Jentleson told POLITICO last week that the majority leader will not release his tax returns, writing: “He’s not running for president. … He has of course released more than 30 years of detailed [personal finance disclosures]. There is exponentially more information available to the public about Sen. Reid’s financial life than there is about Mitt Romney’s.â€
Let’s see those returns, Harry! Why? To paraphrase, “Harry Reid has been proposing and promoting tax policies for this country”. He’s the Majority Leader in the Senate (hopefully, that will end come January). Shouldn’t everyone have access to Reid’s tax returns so that….they can sift through them looking for dirt? Because that’s the main reason why the Dems want Romney’s returns. Also, to create a deflection issue from Obama’s pitiful stewardship of the economy and the country. Releasing them would not help, because, as Haley Barbour said
“Romney will never satisfy the Obama campaign,†said Barbour. “No matter what he does, it won’t be enough and their demands won’t stop until after November 6.†Added Barbour: “Why doesn’t Obama release all the ‘Fast and Furious’ documents?â€
Yes, why doesn’t he? Wasn’t this supposed to be the most transparent administration ever? Wanting Mitt’s tax returns is a fishing expedition on a private citizen’s business. Wanting the Fast and Furious documents is an inquiry into official US government business revolving around a botched gun running operation which saw the deaths of at least 2 federal agents and at least 300 Mexican nationals.
The first commenter at The Las Vegas Review says, “Harry Reid needs to release his Tax Returns for the last 30 years, how does a guy making 190,000 end up being worth 10,000,000,000?â€
Good question. What about Dirty Harry’s taxes? How do we know that he isn’t cheating on his taxes?
Someone get the waaaaaah-mbulance for Lawyers, Guns, And Money, his vorpal sword, and Balloon Juice.
Wake Up America: They are scared to talk about jobs and the economy, they have no actual ammunition left against Romney because they have thrown everything but the kitchen sink at him and it hasn’t lowered his polls numbers at all, so they are forced to create outright lies to try to attack with.
I guess logical reasoning is only to be rebutted with “waaaaaah-mbulance”?
That’s all you got?
Stay classy, Teach.
Likely Romney did not pay any tax on salary. That is how lawyers speak. Instead, he has been living on and paying tax on dividends and capital gains.
I would just point out that Las Vegas has been a Chicago mob operation since day 1, and still is.
Nice try, Hart. You still lose in failing to rebut anything.
At first, I thought it would be a good idea for Mitt Romney to release his tax returns. I no longer think that is the case. As Haley Barbour said, nothing Romney does will satisfy the Democrats. All they want is a chance to dig up the slightest bit of dirt on the man. They have picked on his wealth from day 1 of the campaign and unfortunately, they were helped by Newt Gingrich and some of Romney’s other GOP challengers. Some may believe it would dampen the fire that is smoldering under this issue, but I do not believe that. It would only give the Obama campaign more fuel to the fire, imaginary or not.
It is not about satisfying the Dems, it is about the swing voters the Independents. At this point Romney is far behind in ALL the electoral vote numbers by all the major pollers, even rasmussen. Americans want to know how much he has paid, did he pay his fair share before sending the remainder off shore to those secret banks that the drug dealers and tax cheats use to hide THEIR money?
You mean the fair share as set by Federal government policies, John? Mitt doesn’t set that policy. Furthermore, why did Obama use ever deduction possible to avoid paying the full percentage for his income group?
Once again, John plays fast and loose with the facts and comes up dead wrong.
At this point in time, Rasmussen says Obama has a 2 vote lead in the Electoral College vote with 158 other votes still up for grabs.
It is not whether he paid his “fair share,” it is whether he paid within the law. When Obama made a sweatheart deal on property in Chicago, people like john said “no big deal.” When Kerry used every available tax shelter and gimmick, the left was silent while the right said “he has money. Cool.”
The only time the right cares about money is when the government is stealing and wasting more, or when politicians are hypocritical about their taxes. (Remember how many tax cheats Obama has had in his cabinet?)
The left yells about money when other people have it and they want it, and are silent with tax cheats in their own party are exposed.
The then have the gall to scream “fairness!” when in their eyes, it is unfair that someone makes more than they do.