Politifact Finds Reid’s Allegation Against Mitt To Be Pants On Fire

Surprise! We’ll skip the rehash of the whole issue and skip to the meat of the decision

(Politifact) Reid has said Romney paid no taxes for 10 years. It was no slip of the tongue. He repeated the claim on at least two more occasions, at one point saying that “the word is out” when in fact it was only Reid who put that “word” out.

Reid has produced no evidence to back up his claim other than attribution to a shadowy anonymous source. Romney has denied the claim, and tax experts back him up, saying that the nature of Romney’s investments in Bain make it highly unlikely he would have been able to avoid paying taxes altogether — especially for 10 years.

Reid has made an extreme claim with nothing solid to back it up. Pants on Fire!

There’s no possible way for a many of Romney’s wealth to have avoided paying taxes for 10 years without showing up on the radar of the IRS. Just ask Wesley Snipes. Furthermore, there’s statistically no possible way that someone of Romney’s wealth could manipulate the tax code to pay a net federal tax rate of zero percent, and certainly not without a highly publicized audit by the IRS.

Meanwhile, Harry Reid still won’t release his own tax returns

Senate Majority Leader Harry Reid again deflected questions Monday about releasing his tax returns, even as he continued to pound the demand for Mitt Romney to make more of his own public.

Instead, Reid pointed to the financial disclosure forms he files as a member of Congress, which provide different information.

Reid spokesman Adam Jentleson told POLITICO last week that the majority leader will not release his tax returns, writing: “He’s not running for president. … He has of course released more than 30 years of detailed [personal finance disclosures]. There is exponentially more information available to the public about Sen. Reid’s financial life than there is about Mitt Romney’s.”

Let’s see those returns, Harry! Why? To paraphrase, “Harry Reid has been proposing and promoting tax policies for this country”. He’s the Majority Leader in the Senate (hopefully, that will end come January). Shouldn’t everyone have access to Reid’s tax returns so that….they can sift through them looking for dirt? Because that’s the main reason why the Dems want Romney’s returns. Also, to create a deflection issue from Obama’s pitiful stewardship of the economy and the country. Releasing them would not help, because, as Haley Barbour said

“Romney will never satisfy the Obama campaign,” said Barbour. “No matter what he does, it won’t be enough and their demands won’t stop until after November 6.” Added Barbour: “Why doesn’t Obama release all the ‘Fast and Furious’ documents?”

Yes, why doesn’t he? Wasn’t this supposed to be the most transparent administration ever? Wanting Mitt’s tax returns is a fishing expedition on a private citizen’s business. Wanting the Fast and Furious documents is an inquiry into official US government business revolving around a botched gun running operation which saw the deaths of at least 2 federal agents and at least 300 Mexican nationals.

Nice Deb:

The first commenter at The Las Vegas Review says, “Harry Reid needs to release his Tax Returns for the last 30 years, how does a guy making 190,000 end up being worth 10,000,000,000?”

Good question. What about Dirty Harry’s taxes? How do we know that he isn’t cheating on his taxes?

Someone get the waaaaaah-mbulance for Lawyers, Guns, And Money, his vorpal sword, and Balloon Juice.

Wake Up America: They are scared to talk about jobs and the economy, they have no actual ammunition left against Romney because they have thrown everything but the kitchen sink at him and it hasn’t lowered his polls numbers at all, so they are forced to create outright lies to try to attack with.

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach.

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