As it was probably expected, Senate Majority Leader Harry Reid slammed Mitt Romney this evening on the release of his 2011 tax returns, saying it was “galling to see the creative accounting” and calling on Romney to release more years of returns. Over the past month and a half, Reid has promoted the wild theory that Romney did not pay income taxes. Here’s the full statement Reid released:
“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.
“It’s 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 don’t pay enough taxes. Once again, we see Mitt Romney is out of touch with middle class families, who don’t have the luxury of accounting wizards and foreign tax shelters. It’s 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 per cent. 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?”
If Reid’s refusal to back away from his criticism is any indication, Democrats likely won’t stop making Romney’s tax returns an issue, even though the Romney campaign posted a letter from Romney’s tax preparer, PriceWaterhouseCoopers, that summarized Romney’s tax rates from 1990 to 2009.
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