Reid: Romney May Be One Of The 47 Percent

On the Senate floor Wednesday morning, Senate Majority Leader Harry Reid used Mitt Romney’s disparaging remarks about people who pay no income tax to reprise his famed attack on Romney’s failure to release years worth of tax returns. 

Thousands of families making more than $1 million pay nothing in federal income taxes each year.

 

Is Mitt Romney among them?

 

We’ll never know, since he refuses to release tax returns from the years before he was running for president.

 

But from the one return we have seen, we know Mitt Romney pays a lower tax rate than middle class families thanks to Swiss bank accounts and Cayman Island tax shelters.

 

And we can only imagine what new secrets would be revealed if he showed the American people a dozen years of tax returns, like his father did.

ABOUT THE AUTHOR

Brian Beutler is TPM's senior congressional reporter. Since 2009, he's led coverage of health care reform, Wall Street reform, taxes, the GOP budget, the government shutdown fight and the debt limit fight. He can be reached at brian@talkingpointsmemo.com
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