Thursday, August 2, 2012

Romney 'didn't pay tax for 10 years'

Senate Majority Leader Harry Reid, D-Nev., said this week that Mitt Romney refuses to release additional tax returns because he didn't pay taxes for 10 years.
He suggested that Romney's decision to withhold tax information would bar him from ever earning Senate confirmation to a Cabinet post. Then, he described a phone call his office received about a month ago from "a person who had invested with Bain Capital," the Huffington Post said. Reid said the person told him: "Harry, he didn't pay any taxes for 10 years."
"Now, do I know that that's true? Well, I'm not certain," Reid said. "But obviously he can't release those tax returns. How would it look?"
Romney's campaign has denied rumors that he hasn't paid taxes in a single year, and he said he couldn't recall if there were years when he paid less than the 13.9 percent tax rate that he paid in 2010.

Reid: Romney 'didn't pay tax for 10 years' | StarTribune.com

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