Posted on 09/21/2012 4:38:30 PM PDT by SeekAndFind
Senate Majority Leader Harry Reid is no longer insinuating that Mitt Romney paid no federal taxes over the last 10 years. But hes showing no contrition and continues to maul Romney for withholding tax returns from voters.
The information released today reveals that Mitt Romney manipulated one of the only two years of tax returns hes seen fit to show the American people - and then only to conform with his public statements, Reid said in an official response to the release of Romneys 2011 return, and a brief summary of his tax payments over the last 20 years.
That raises the question: what else in those returns has Romney manipulated? We already know Romney has money in tax havens in Switzerland, Bermuda and the Cayman Islands. What we dont know is why he refuses to be straight with the American people about the choices hes made in his financial life. When will the American people see the returns he filed before he was running for president? Governor Romney is showing us what he does when the public is looking. The true test of his character would be to show what he did when everyone was not looking at his taxes. Its also galling to see the creative accounting Mitt Romney applied to his own tax returns only days after learning of his insulting comments that seniors, soldiers and hard-working parents dont pay enough taxes. Once again, we see Mitt Romney is out of touch with middle class families, who dont have the luxury of accounting wizards and foreign tax shelters. Its obvious he believes in two sets of rules: one for him, and one for the middle class. He says he wants to be president for only half the people but he acts like he only cares for the top two percent. Despite the fiscal cliff looming in just over three months, Mitt Romney refuses to explain the details of his tax policy. Will the policies he proposes benefit all Americans, or only multi-millionaires like him?
Reid more than any other Democrat forced scrutiny of Romneys finances by claiming hed been told by a mutual acquaintance that Romney effectively paid no taxes at all.
Judging by public statements, Democrats wont ease their drumbeat for more disclosure.
The American people deserve more than a summary of Gov. Romneys returns filtered by his campaign, said Rep. Sander Levin (D-MI), the top Democrat on the tax writing House Ways and Means committee. Gov. Romney clearly has his old tax returns at the ready, so why does he continue to hide them from the public? Gov. Romney seems to believe the American public should hold him to a lower standard than he holds his own vice presidential nominee who was required to turn over 10 years of tax returns and lower than the tradition of previous presidential candidates.
Of course, Republicans hope this means the controversy will subside. Asked for a response to Reids statement, the Romney camp forwarded the following from Sen. John McCain (R-AZ)
Mitt Romney has now released more than 1,200 pages of tax returns, giving voters an incredibly detailed look at his finances, he said. Now that the most recent tax return has been released, its time to get back to discussing the issues that voters care about.
It’s ‘not good enough’ because there is nothing there they can use to slam him with.
I hope Romney claims that $1 million reward from larry flint.
I don’t think the electorate cared that much about Romney’s tax returns before and now they probably care even less.
Been saying it all day.
Idiotic move to give a summary of 20 much less one iota.
“Well, that’s all fine and well....for a start. WHAT IS HE HIDING IN THE OTHER RETURNS HE ALUDES TO?????”
Never would have given any more than the two years promised.
Wonder if it’s a trap for Harry Reid regarding his worthiness as a Mormon and tithing?????
Hey Harry - your DNA is not good enough
Actually I know who told you that, because he told me too. But I think you must have heard him wrong. What he said was that Harry likes for dogs to hump him.
Seriously, Harry Reid should be the most reviled man in AMerica right now.
He is a despicable little tyrant, and I ahve called many Republican Senators to tell them to take the gloves off concerning him, or to shut up after November 6th, becasue it won’t matter anymore.
Reid is corrupt as the day is long, and needs to be exposed.
He has prevented any House passed legislation from seeing the light of day, and the Republican Senators still think that collegiality of the Senate is more important than saving the country from a small minded Searchlight, NV village idiot.
Mittens should sue Dingy Harry for slander. Should MIttens become Prez, I think Harry’s IRS records should magically be leaked and he should suffer IRS audits each and every year.
Tell me about it.
The MSM did not report this, but while he was ramming through the health care bill, Harry Reid hid in its 2,500 pages of gibberish a provision requiring all businesses - big, small and even sole proprietorships - to file a 1099 form reporting every purchase of $600 or more from every vendor - including small purchases adding up to $600 or more ( Yes, SIX HUNDRED FREAKING DOLLARS AND THE GOVERNMENT OF HARRY REID WANTS TO KNOW ABOUT IT SO THAT THEY CAN SE EWHAT YOU’RE DOING ).
This is complete insanity. My friend owns a small research-and-development business with 15 employees. They make hundreds of purchases in the $600 range each year. They would need to file several hundred of those 1099s.
Big corporations would need to file millions of them.
Furthermore, vendors such as hardware stores will need to keep track of all their sales to each of their customers - tens of thousands for a typical big store - in order to provide an accurate 1099 totaling the purchases of each and every customer who is, or might be, a small business. These forms would have to be reconciled with the records of each business, or the IRS would have grounds to accuse one or the other of a discrepancy.
This bill will not bring the federal government any tax revenue. Rather, by adding to the overhead of companies big and small, it will take away from their bottom line and reduce the taxes they are able to pay accordingly. In my case, I will have to hire a person for $50,000 per year to do nothing but try to obtain and verify the information of such forms. That will cost the federal government $12,000 in lost taxes.
Apparently I’m supposed to be more angry about what Romney does with his money than what Obama does with mine.
I am sorry Harry Reid but a a proven liar who fraudulently claimed Romney did not pay taxes you opinions here are so much worthless noise
If only.
If I were Romney I’d tell that little sawed-off Vegas mobster to shove it straight up his crooked ass. This little creep was worth less than a million dollars when the took office and now has around 50 million dollars, courtesy of kickbacks and bribes from Nevada businessmen. The one that should be investigated is this weasel SOB.
Every land swap deal in Clark County during the reign of Dirty Harry Reid needs to be opened up for scrutiny & possible indictments.
Reid has had a hand in land deals involving private persons & either county, state or Federal land holdings.
Harry’s guy always comes out on top. Taxpayers always lose.
Latest deal is a Chinese Solar company buying Clark County holdings assessed at worth of $39.6 MILLION which have been sold to the Chinese company for $4.5 million.
Harry’s son, Rory Reid is representing the Chinese company in this transaction.
Don’t tell me this is anywhere near an “arm’s length transaction.”
True as in true idiot.
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