REID STATEMENT ON GOVENOR ROMNEY’S TAX RETURNS
Source: Office of Senator Harry Reid
"The information released today reveals that Mitt Romney manipulated one of the only two years of tax returns he's seen fit to show the American people and then only to conform with his public statements. 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 don't know is why he refuses to be straight with the American people about the choices he's 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?"
Read more: http://www.reid.senate.gov/newsroom/pr_9-21-2012.cfm
Why do I think this story isn't going away?
progressivebydesign
(19,458 posts)Cha
(296,881 posts)wanted to change the subject that he is Making Sure It Does Not Go Away!
Tarheel_Dem
(31,222 posts)but not a lot of the American people are gonna read this. The DNC should insist he make the rounds on all the cable news shows. This is a legitimate issue, and it needs fleshing out before the American people make a huge mistake.
ellenfl
(8,660 posts)Tarheel_Dem
(31,222 posts)But I want Harry back out there.
ellenfl
(8,660 posts)Cha
(296,881 posts)lexw
(804 posts)and donate. Go figure.
myrna minx
(22,772 posts)Auntie Bush
(17,528 posts)JRLeft
(7,010 posts)alfredo
(60,071 posts)calimary
(81,127 posts)alfredo
(60,071 posts)defacto7
(13,485 posts)rep
tomm2thumbs
(13,297 posts)but still - fave line:
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...
lexw
(804 posts)Just when I thought he hit the bottom of the barrel, Romney pulls off another blunder. Wow!
Although, when it's lose-lose it's not really a blunder is it?
Wait, it gets better.
bluerum
(6,109 posts)former9thward
(31,949 posts)At least compared to most of us.
SoapBox
(18,791 posts)PatrynXX
(5,668 posts)yawn. so when is your 2010 taxes coming out when people weren't looking. after having 4 years of idiots still claim Obama was born in Kenya, one should expect we'll be just as stubborn over partially released tax record. I think everyone knew if it took this long to put out 2011 it would be doctored. or something to make it look good.
frylock
(34,825 posts)Mira
(22,380 posts)I'm very grateful for you having courage along with wit and, thank God, power.
DallasNE
(7,402 posts)"Today" to change the subject away from his disasterous Florida fund raiser last May. Obviously Friday is a slow news day so this is the exact date I had in mind when I said "today". Predictable and predicted.
http://www.democraticunderground.com/?com=view_post&forum=1014&pid=235431
Spitfire of ATJ
(32,723 posts)Of course it wasn't the actual taxes he filed, but it made the media look at the shiny object.
Spitfire of ATJ
(32,723 posts)This is something he had tossed together by his consultants just in case they needed a major distraction.
JohnnyRingo
(18,619 posts)It took the better part of three months to craft this masterpiece of accounting artwork.
I can only imagine what it cost, both for the creative math wizardry and their avowed silence.
Spitfire of ATJ
(32,723 posts)Wait until actual experts have a good look.
marshall
(6,665 posts)Reid says they are fake, but doesn't say why. He needs to give more information so the public will know how to judge such things.
Spitfire of ATJ
(32,723 posts)tridim
(45,358 posts)stlsaxman
(9,236 posts)"BOOM! Shacka-lacka-lacka".
spartan61
(2,091 posts)to amend his 2011 taxes if he loses the election? Then he can take the extra deductions for charity that he didn't take (so it would go along with what he said about his taxes.) When he does that, his effective tax rate would only be in the 9% range. He is so slimy.
truebluegreen
(9,033 posts)Do you think he would really do that? Meh. I bet he'll do it even if he WINS--money is money!
(but he's not going to win).
JohnnyRingo
(18,619 posts)Take it or leave it, this is as close as it's going to get. If the candidate wants to hear more of the same from Reid, all he has to do is offer another prompt to the Senate leader. ...or... let us see your returns.
Give 'em hell, Harry.
Response to brooklynite (Original post)
Phaerisee This message was self-deleted by its author.
sellitman
(11,605 posts)Welcome to DU though.
calimary
(81,127 posts)Glad you're with us! I like your verse there, too. We need you to help us nail this one down for President Obama!
Now get to work.
wordpix
(18,652 posts)Hell, what is the average payroll tax? I think it's at least 25-30%
midnight armadillo
(3,612 posts)that's state & fed combined. As I've earned more $ I've also accumulated more deductions - kids, mortgage.It always seems to fall in that 25-30% total taxes range. But then I don't have an army of accountants at my disposal...
tavalon
(27,985 posts)We could have banged the drum over and over and this might not have grown legs, but with Romney's stellar help, this has big, fat, hairy legs.
If I were an Obama adviser, I would advise him to suspend all advertising. Romney's got it covered.
And to think I thought I would miss Palin this time around.
justiceischeap
(14,040 posts)they're talking about his taxes. Gotta say that was well-played by the RMoney team. You know his campaign is going so poorly when he rather talk about his taxes then anything else.
ProfessionalLeftist
(4,982 posts)Ride "Mitt the Moocher"s azz until election day.
sulphurdunn
(6,891 posts)does not apply to presidential politics, it would not be unfair to infer that Romney was part of the massive UBS tax fraud amnesty the IRS gave to "job creators" like him who had buried billions of dollars in secret foreign bank accounts to evade US taxes. A revelation like that would be game over for the Mittster's presidential ambitions, would resurrect that shameful affair and shine a very bright on the financial shenanigans of the people who constitute his donor base.
DallasNE
(7,402 posts)Romney has previously said that he never paid less than 13% in income taxes yet 2011 would have come in at 9% had he taken all of his charitable contributions he was entitile to take this year. Now how believable is that? Not only would he have had 50% of his released returns under that amount, his average would below 13% as well. Does Romney even know how to tell the truth? I have my doubts.
Rosa Luxemburg
(28,627 posts)he hides money offshore to evade American taxes which could be used for the American people!
ThoughtCriminal
(14,047 posts)and get back the deductions he didn't use for 2011.
I wonder what he will spend the refund on?
saidsimplesimon
(7,888 posts)Mitt Romney may be a Bishop, and President of his Stake, however, he is not admired by some members of his faith. This story will play, where it counts.
calimary
(81,127 posts)Glad you're here! We need you! And don't get complacent - we don't have this thing nailed down yet!
Now get to work.