Reid: Romney didn’t pay taxes for 10 years

Senate Majority Leader Harry Reid at the Capitol Tuesday in D.C.
Senate Majority Leader Harry Reid at the Capitol Tuesday in D.C.
J. Scott Applewhite/AP Photo

So Harry Reid said he heard from a Bain investor that Mitt Romney didn’t pay taxes in 10 years. 

The Senate Majority Leader stirred the Bain pot in a new interview with The Huffington Post by adding to speculation the presumptive Republican nominee paid zilch on his tax returns and suggesting what’s inside those returns could be embarrassing both personally and professionally.

“His poor father must be so embarrassed about his son,” Reid said, in reference to George Romney’s standard-setting decision to turn over 12 years of tax returns when he ran for president in the late 1960s.

Saying he had “no problem with somebody being really, really wealthy,” Reid sat up in his chair a bit before stirring the pot further. A month or so ago, he said, a person who had invested with Bain Capital called his office. 

“Harry, he didn’t pay any taxes for 10 years,” Reid recounted the person as saying.

“He didn’t pay taxes for 10 years! Now, do I know that that’s true? Well, I’m not certain,” said Reid. “But obviously he can’t release those tax returns. How would it look?”

“You guys have said his wealth is $250 million,” Reid went on. “Not a chance in the world. It’s a lot more than that. I mean, you do pretty well if you don’t pay taxes for 10 years when you’re making millions and millions of dollars.”
While Reid acknowledged this info could be 100 percent false, the senator and his office refused to pony up a name of the alleged Bain investor.

Andrea Saul, Romney’s press secretary, previously denied rumors Romney didn’t pay “any taxes at all.”

Why do you think Romney has been cagey over releasing more details on his tax history? Drop me a line in the comment section or tweet me your thoughts.

Harry Reid and Mitt Romney

Reid: Romney didn't pay taxes for 10 years