By Sam Stein and Ryan Grim
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.
In a wide-ranging interview with The Huffington Post from his office on Capitol Hill, 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.
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Harry Reid: Bain Investor Told Me That Mitt Romney 'Didn't Pay Any Taxes For 10 Years'
HEY ... you and others have said Obama was being TAX smart when he and Michele gave $48,000 to their daughters in order to reduce their 2011 tax bill.
YOU and other said Obama was "tax smart" when HE HAS for the last 3 years deducted $100,000 a year in long term capital losses.. Obama is smart.
SO... Maybe Romney has NOT paid taxes for 10 years.. BEING SMART as Obama!
I also know though Romney DEDUCTS from his taxes
The Romneys donated about 16.4 percent of their adjusted gross income of $42.5 million in the two-year period, according to their 2010 tax returns and an estimate for 2011 taxes.
OBAMA??? As you know he keeps telling us we are our "brother's keepers" all the while his brother lives in $12 a year hut! YET Obama donated LESS in % 14.18% of gross income in
2011!
$1,728,096 Obama's adjusted gross income
245,075 14.18% of his income as donations to charities
49,945 home mortgage interest
122,527 Long term capital loss CARRYOVER!!! 7% sheltered income!!
Obama's 2010 Tax Returns
SO tell me is Obama TAX smart as Romney???