Reid: My source on Romney’s taxes is so incredibly credible that I won’t say who he is

posted at 10:01 am on August 3, 2012 by Ed Morrissey

After Mitt Romney told Harry Reid to “put up or shut up” about allegations of income-tax evasion, Reid chose this morning to … do neither.  Instead, Reid released a statement late yesterday essentially tripling down on his evidence-free accusations, and again insisted that Romney had to prove himself innocent:

As I said before, I was told by an extremely credible source that Romney has not paid taxes for ten years. People who make as much money as Mitt Romney have many tricks at their disposal to avoid paying taxes. We already know that Romney has exploited many of these loopholes, stashing his money in secret, overseas accounts in places like Switzerland and the Cayman Islands.

Last weekend, Governor Romney promised that he would check his tax returns and let the American people know whether he ever paid a rate lower than 13.9 percent. One day later, his campaign raced to say he had no intention of putting out any further information.

When it comes to answering the legitimate questions the American people have about whether he avoided paying his fair share in taxes or why he opened a Swiss bank account, Romney has shut up. But as a presidential candidate, it’s his obligation to put up, and release several years’ worth of tax returns just like nominees of both parties have done for decades.

It’s clear Romney is hiding something, and the American people deserve to know what it is. Whatever Romney’s hiding probably speaks volumes about how he would approach issues that directly impact middle-class families, like tax reform and the economy. When you are running for president, you should be an open book.

I understand Romney is concerned that many people, Democrats and Republicans, have been calling on him to release his tax returns. He has so far refused. There is only one thing he can do to clear this up, and that’s release his tax returns.

Note, please, that we seem to be back to one source for this information — “an extremely credible source,” but Reid did not use a plural.  Earlier in the week, Reid claimed to have “a number of sources,” and that “the word is out.”  So which is it?  One extremely credible source from Bain who somehow got to look at Romney’s personal taxes for a ten-year period even though no one would have access to that except the Romneys, their accountant, and the IRS?  Or a number of sources who say “the word is out”?  Reid’s sounding more and more like Joe McCarthy every day.

Reid, who also refuses to release his own tax returns, isn’t just a hypocrite and a slanderer.  He’s also a political idiot.  Until these attacks, Romney was on the defensive over his tax returns.  Now Romney can paint his decision to keep them private as a principled stand against unscrupulous opponents.  Reid has handed the high ground to Romney in this fight with his scurrilous lies.  Reid has all but ruined Obama’s strategy of making Romney look secretive and weird.

Investors Business Daily editorial cartoonist Michael Ramirez agrees that the word is out on Reid:

Andrew Malcolm wants to probe Reid’s brain, too:

Have you heard about a mysterious phone call from one of Happy Harry Reid’s political cronies from the mortifying days in 1974 when Paul Laxalt waxed him for the Nevada Senate seat that changed the course of Reid’s life forever?

It’s a pretty shocking story, and one that the powerful Democrat has understandably never explained through all these years. It’s haunted him though, through those early devastating political losses for the Senate and the Las Vegas mayor’s office, the defeats that turned him into the bitter, cynical political mumbler he’s become at age 72.

This troubling tale has haunted Harry Reid through the shadowy years he ran the Nevada Gaming Commission, through his public embarrassment over the Los Angeles Times investigation into his son and son-in-law’s Washington lobbying activities,the ethics investigation into the free tickets Reid happily accepted to boxing matches and the successful land development deal that ended up netting Reid $1 million when he sold it, in an amazing coincidence, to a friend and it became a shopping center.

And through all these years, Harry Reid has never bothered to deny that awful early story. Just as he’s never denied any early involvement with left-wing South American political parties and an unsuccessful 1964 bid to become a Goldwater Girl.

I remember that LA Times investigation well.  It explained at least in part how Reid got to be so wealthy while working in public office.  Maybe we can start asking Reid about that, because the LA Times actually did have a number of credible sources, as well as documentation from the public record.


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Well, one is a number.

bgoldman on August 3, 2012 at 10:21 AM

Earlier in the week, Reid claimed to have “a number of sources,” and that “the word is out.”

Zero is also a number.

zmdavid on August 3, 2012 at 10:40 AM

Well, Harry, the incredibly credible source that Treasury Secretary Timothy Geithner was years and hundreds of thousands in arrears in taxes was the Internal Revenue Service. You still had a repel all boarders drill to confirm him didn’t you?

hawkdriver on August 3, 2012 at 10:40 AM

No it doesn’t. Only trash uses language like you do.

stingray9813 on August 3, 2012 at 10:15 AM

Only trash makes unsubstantiated accusations, and refuses to come forward with their anonymous sources.

And only cowards like you defend them for doing so, you f**king coward. Wipe off your chin before you get off your knees.

MadisonConservative on August 3, 2012 at 10:41 AM

No it doesn’t. Only trash uses language like you do.

stingray9813 on August 3, 2012 at 10:15 AM
Looks like someone got up on the wrong side of the trailer this morning.

docflash on August 3, 2012 at 10:25 AM

Ha ha. “Trash”. “Trailer”. I see what you did there.

Nutstuyu on August 3, 2012 at 10:41 AM

Harry Reid lost it years ago when he complained that you could literally smell the tourists who were visiting the Capitol.

The real question is what Reid thinks he has on Romney and just how he got it. I’m guessing he is doubling down on stupid and brainless worthless morons are rushing to his defense is because they can’t really get into all the ways the law was broken to get the information together. And make to mistake it may be Harry Reid out there making the claims but this has the White House written all over it.

Happy Nomad on August 3, 2012 at 10:41 AM

Is Harry Reid a Cretan or a cretin? Are they mutually exclusive? profitsbeard on August 3, 2012 at 10:36 AM

Titus 1:12, “One of Crete’s own prophets has said it: “Cretans are always liars, evil brutes, lazy gluttons.” -St. Paul

And/or this.

Akzed on August 3, 2012 at 10:42 AM

Mr. Magoo, the curmudgeon Harry Reid should just resign. He is an embarrassment.

ObamatheMessiah on August 3, 2012 at 10:42 AM

Dingy Harry claims candidates have offered up multiple years of tax returns “for decades.”. Another lie.

Google ‘presidential tax returns’ and be enlightened. Obama and Biden released prior years to show how modest their incomes had been — to distract and cover how much other stuff was sealed from view. However, Bubba didn’t, Carter didn’t, Bush and Cheney didn’t. It is far more common for candidates to release only the one year prior to running for president.

I’d include a link, but I’m on the iPad and am a klutz. First thing at top of google page.

marybel on August 3, 2012 at 10:42 AM

Earlier in the week, Reid claimed to have “a number of sources,” and that “the word is out.”

Somebody needs to tell Reid that his imaginary friends, including the spirits he communicates with in his weekly seances don’t count as “credible sources.”

Kingfisher on August 3, 2012 at 10:43 AM

Zero is also a number.

zmdavid on August 3, 2012 at 10:40 AM

I’m thinking imaginary numbers are more appropriate here.

djohnson on August 3, 2012 at 10:43 AM

Harry Reid is a hermaphrodite.

Not that there’s anything wrong with that.

Akzed on August 3, 2012 at 10:44 AM

Reid stepped in it with this and now he is trying to clarify his way out of it. He did what nobody else has been able to do, make Mitt Romney a sympathetic figure. Far from “tripling down,” this latest statement reeks of major damage control and desperate backpedaling. Reid was called out by Jon Stewart and Anderson Cooper, and also by The New Republic. He’s sinking fast on this and he knows it.

rockmom on August 3, 2012 at 10:28 AM

So, aside from being “called out”, what consequences will he suffer? He’s a political rodent, a rat fink, and a liar. I don’t think he cares what is thought about him, he cares about power.

ted c on August 3, 2012 at 10:44 AM

Something that is never mentioned in this discussion is the fact that Romney could very well pay no federal income tax and do it legally. A lot of rich people whose primary income is capital gains do this. It would be stupid for a politician to engage in such tax avoidance, but it is perfectly legal.

Aside from the unsubstantiated accusation, the real point of this discussion is the Jacobin notion of paying one’s arbitrary and nebulous “fair share.” What if Romney paid 10%? How about 15%? What number is “fair?”

stvnscott on August 3, 2012 at 10:44 AM

Zero is also a number. zmdavid on August 3, 2012 at 10:40 AM

Is it a number or a numeral?

Akzed on August 3, 2012 at 10:44 AM

…and yet this guy keeps getting reelected.

Amjean on August 3, 2012 at 10:44 AM

I hear by an incredibly incredible source that Barack Obama was a drug dealer./S

Falz on August 3, 2012 at 10:45 AM

Dismiss this if you will, but I have witnessed more trash gain traction in this media environment than I ever thought possible in a modern, civilized political environment. Witness CNN and MSNBC keeping the embers hot.

There is no high ground on the left other than what they occupy in their minds.

DumboTheAvenger on August 3, 2012 at 10:38 AM

Ask George Allen about that one.

But in this case, I think Romney’s put up or shut up is the right response. It would be a sign of weakness to rush out and obey Reid’s demand that Romeny release decades worth of tax returns. And you know what? All that would do is give the enemy (and anybody who supports the filthy jug-eared dictator is the enemy) ammunition for future smear campaigns.

Happy Nomad on August 3, 2012 at 10:45 AM

Ed or AP can we ban the kiddies from this site. This is silly.

CW on August 3, 2012 at 10:28 AM

No.They’re now employing the Townhall model of fostering comment food fights to increase and maintain traffic.
.
What do you think the purpose of the long,multi-day open registration was a few months ago?

Dr. Carlo Lombardi on August 3, 2012 at 10:45 AM

Harry Reid isn’t running for President of the United States.

stingray9813 on August 3, 2012 at 10:09 AM

That settles it. I for one won’t be voting for Harry Reid for president.

plewis on August 3, 2012 at 10:27 AM

Ha! Look who’s got a backbone! Go, MAJORITY LEADER Reid!

inthemiddle on July 31, 2012 at 4:47 PM

Simple Minds think alike!

A+++

Del Dolemonte on August 3, 2012 at 10:45 AM

Uh….. Harry, you bettah shaddup:

President Obama, boss of 36 White House aides who are nearly $1 million behind in their federal income taxes, has signed the STOCK Act, new congressional ethics legislation.

http://news.investors.com/article/606828/201204050822/stock-act-obama-congress.htm?p=full

http://news.investors.com/article/599002/201201260818/obama-white-house-staff-back-taxes.htm

Keep digging that hole, Harry.

Cody1991 on August 3, 2012 at 10:45 AM

The media is all over the place on this- I was particularly annoyed by the guy on Fox and Friends who claimed that “Romney stepped in it again” by answering Reid’s attack, but then I saw a talking head on CNN call Reid an idiot for pushing this meme.

BettyRuth on August 3, 2012 at 10:46 AM

His source is impeccable. Why, his source is also the source of the widespread knowledge that Harry Reid diddles little boys. There’s even a hashtag about his proclivities: #HarryReidIsAPederast.

Perhaps stingray9813 is so grumpy because he’s concerned there will be a drop in business now that Harry Reid has been exposed.

Master Shake on August 3, 2012 at 10:46 AM

Zero is also a number.

zmdavid on August 3, 2012 at 10:40 AM

And an adjective.

NeoDawg on August 3, 2012 at 10:47 AM

Romney should release a statement saying:

“This afternoon at 4 PM (EST), I will be at such-and-such place. If Harry Reid is telling the truth, then it is incumbent upon him to request that the IRS arrest me for tax evasion or fraud. If the IRS does not arrest me or send a target letter to my attorney, Mr John Doe, then we will all know — beyond a shadow of a doubt – that Senator Harry Reid is a world-class liar.”

I don’t think that would help. I interpret Harry to be saying that Mitt would have (say) $10 million in gross income, but also $10 million or more in deductions, thus leaving him owing no taxes for each year. That wouldn’t be illegal if the deductions were valid, but it also wouldn’t make Mitt look good as a presidential candidate. Lots of people would say, “He’s not paying his fair share!”

Now, I doubt that Harry is telling the truth about Mitt’s taxes or that the people who told Harry that Mitt didn’t pay taxes even exist, much less would have seen Mitt’s returns. But I don’t think Harry has actually accused Mitt of tax evasion or fraud.

J.S.K. on August 3, 2012 at 10:47 AM

which ten year period is he talking about. Romney released last years return and paid millions of dollars at a rate equaling about 14%

gerrym51 on August 3, 2012 at 10:48 AM

The tax returns I want to see released are Zodiac Dianne Feinstein’s …the rest of the people are chump change compared to her “investments” in “defense contractors”. She’s been awfully quiet for the past couple weeks.

oldroy on August 3, 2012 at 10:48 AM

…and yet this guy keeps getting reelected.

Amjean on August 3, 2012 at 10:44 AM

And those who voted for Dingy also breed, multiply and infect their offspring with hatred toward all things conservative.

GrannyDee on August 3, 2012 at 10:49 AM

Harry Reid:

We already know that Romney has exploited many of these loopholes, stashing his money in secret, overseas accounts in places like Switzerland and the Cayman Islands.

I’m sure Geraldo is on the case right now and will be just as effective as he was with Al Capone’s secret loot. LOL!

Kingfisher on August 3, 2012 at 10:49 AM

Seems to me that Reid isn’t alleging any illegal tax evasion. If that is the case; then if Mitt hasn’t paid his “fair share” that would be a result of his taking advantage of the byzantine tax laws created by the congress.

Harry has been majority leader for 6 years, sounds like he’s the one who neglected to properly bill Romney.

daddio on August 3, 2012 at 10:51 AM

Local talk radio reports that Harry Reid is holding Vicky the goat hostage in his Senate office complete with bustier and two pairs of red stilleto heeled shoes. We all need to contact Reid’s office and demand that Reid free that goat!!!

Happy Nomad on August 3, 2012 at 10:51 AM

Zero is also a number.
zmdavid on August 3, 2012 at 10:40 AM

Is it a number or a numeral?

Akzed on August 3, 2012 at 10:44 AM

Zero is also a number.

And an adjective.

NeoDawg on August 3, 2012 at 10:47 AM

Technically 0 is both a number and a numeral, zero is a word.

zmdavid on August 3, 2012 at 10:51 AM

Ha! Look who’s got a backbone! Go, MAJORITY LEADER Reid!

inthemiddle on July 31, 2012 at 4:47 PM

It requires no backbone to make accusations against your political foes using unnamed sources. Telling the president that Geithner was a tax cheat and not fit to be Treasury Sec would have.

hawkdriver on August 3, 2012 at 10:53 AM

which ten year period is he talking about. Romney released last years return and paid millions of dollars at a rate equaling about 14% gerrym51 on August 3, 2012 at 10:48 AM

Maybe Reid’s talking about from when Mitt was one year old through his tenth birthday.

Akzed on August 3, 2012 at 10:53 AM

No it doesn’t. Only trash uses language like you do.

stingray9813 on August 3, 2012 at 10:15 AM

And only someone as g-d stupid as you (or any typical leftist)would even dream of defending the filthy rodent, harry reid. (btw, according to google, the probability of harry reid being a pederast is quite high. Why doesn’t harry address those concerns?)

Solaratov on August 3, 2012 at 10:54 AM

I will say this once again. To the good people of Nevada. Does this little man truly represent your values and character???

logman1 on August 3, 2012 at 10:40 AM

Sadly, he represents Chicago politicians’ values. They’d reelect him, too.

Fallon on August 3, 2012 at 10:54 AM

But I don’t think Harry has actually accused Mitt of tax evasion or fraud.

J.S.K. on August 3, 2012 at 10:47 AM

Well, let him explicitly state what he is accusing Romney of doing. Not paying the taxes that he legally owes or following the tax laws that Harry Reid helped write and passed in the Senate?

Is Harry Reid accusing Mitt Romney of obeying tax laws? Is obeying tax laws now a crime?

If Harry Reid wants to make the wealthy pay “their fair share,” then change the tax laws. In the meantime, no one has a duty to pay one penny more in tax than the law mandates.

Resist We Much on August 3, 2012 at 10:55 AM

The tax returns I want to see released are Zodiac Dianne Feinstein’s …the rest of the people are chump change compared to her “investments” in “defense contractors”. She’s been awfully quiet for the past couple weeks.

oldroy on August 3, 2012 at 10:48 AM

isn’t she the only Senator to ever voluntarily step down from the defense appropriations committee? Chairman at the time too I believe.

DanMan on August 3, 2012 at 10:55 AM

One of my totally nonpolitical friends posted on her Facebook page last night that she was sick to death of all this nonsense about tax returns. By midnight she had over 80 replies that agreed with her. BTW, this is in Bucks County, PA.

rockmom on August 3, 2012 at 10:55 AM

The pomegranate trees are missing their idiot.

redridinghood on August 3, 2012 at 10:57 AM

Man, the leftys and ABR’s (but I repeat myself) are having a tizzy again. They need to pace themselves. The election is still three month off.

cozmo on August 3, 2012 at 10:57 AM

“ANYONE MAY ARRANGE HIS AFFAIRS SO THAT HIS TAXES SHALL BE AS LOW AS POSSIBLE; he is not bound to choose that pattern which best pays the treasury. THERE IS NOT EVEN A PATRIOTIC DUTY TO INCREASE ONE’S TAXES.

OVER AND OVER AGAIN THE COURTS HAVE SAID THAT THERE IS NOTHING SINISTER IN SO ARRANGING HIS AFFAIRS AS TO KEEP TAXES AS LOW AS POSSIBLE. Everyone does it, rich and poor alike and all do right, for NOBODY OWES ANY PUBLIC DUTY TO PAY MORE THAN THE LAW DEMANDS.”

- Judge Learned Hand

Resist We Much on August 3, 2012 at 10:39 AM

Awesome. Also, you have to like anything from someone named “Learned Hand”.

Paul-Cincy on August 3, 2012 at 10:58 AM

People who make as much money as Mitt Romney have many tricks at their disposal to avoid paying taxes. We already know that Romney has exploited many of these loopholes, stashing his money in secret, overseas accounts in places like Switzerland and the Cayman Islands.

And any day now Reid will be proposing legislation to close those loopholes, right? Right?

farsighted on August 3, 2012 at 10:58 AM

I will say this once again. To the good people of Nevada. Does this little man truly represent your values and character???

logman1 on August 3, 2012 at 10:40 AM

Sadly, he represents Chicago politicians’ values. They’d reelect him, too.

Fallon on August 3, 2012 at 10:54 AM

Please read Wayne Alan Root and the 2010 election to find out how harry red was re-elected. It was not the “good people” of Nevada that made that happen.

VegasRick on August 3, 2012 at 10:59 AM

Mitt should ask Harry if he is willing to bet his senate seat on his sources information. I’ll bet not.

meci on August 3, 2012 at 11:00 AM

When you are running for president, you should be an open book.

Yes! Absolutely!! So when does Mr. Obama show us HIS records? Perhaps “Senator Slime” will push for the release of Mr. Obama’s records. I’ll wait…

oldleprechaun on August 3, 2012 at 11:00 AM

Ha! Look who’s got a backbone! Go, MAJORITY LEADER Reid!

inthemiddle on July 31, 2012 at 4:47 PM

A very credible source told me you are guilty of several felonies including several capital crimes. I’ve also heard that you are involved in the child sex slave industry, both as a propagator and as a client.

Shame on you. How can you live with yourself?

mankai on August 3, 2012 at 11:01 AM

Reid’s sounding more and more like Joe McCarthy every day.

With one important distinction:
Joe McCarthy was right.
That fact has been proven over and over again.
Stop using Joe McCarthy as an example of someone making baseless accusations.
He’s been vindicated.

We need “Reidism” and “Sounding like Harry Reid” to enter the lexicon.

Dexter_Alarius on August 3, 2012 at 11:01 AM

Resist We Much on August 3, 2012 at 10:39 AM

I don’t know why you’re yelling at me, bro beans. I’m just pointing out that Reid is carefully picking his words as to avoid making legally actionable statements. I don’t agree with them.

wte9 on August 3, 2012 at 11:01 AM

We already know that Romney has exploited many of these loopholes, stashing his money in secret, overseas accounts in places like Switzerland and the Cayman Islands.

Romney, using laws that Reid passed, to keep and invest his own money. How wicked. Especially since these rules were writen to TAKE his money.

kbTexan on August 3, 2012 at 11:02 AM

But I don’t think Harry has actually accused Mitt of tax evasion or fraud.

The original statement was that Romney might be a felon. That’s an accusation of “tax evasion or fraud.” If now Reid just wants to pick Romney’s returns apart to see if he could have paid some more taxes than he did, the matter has degenerated into farce.

But Mitt also has to turn this around. Obama is the least documented President in history. He wants an “open book”? OK. Release the transcripts from high school through Harvard Law; all loan applications; dealings with Rezko; Obama’s actual original birth certificate; his Social Security application; all documents concerning disciplinary proceedings before the Illinois bar; all galley proofs of “Dreams From My Father.” After that, we’ll talk. Until then, nothing.

UnrepentantCurmudgeon on August 3, 2012 at 11:02 AM

Surely there are some incredibly credible people who can give us the lowdown on Harry Reid’s interesting associations during his tenure as head of the Nevada Gaming Commission?

Scriptor on August 3, 2012 at 11:04 AM

Local talk radio reports that Harry Reid is holding Vicky the goat hostage in his Senate office complete with bustier and two pairs of red stilleto heeled shoes. We all need to contact Reid’s office and demand that Reid free that goat!!!

Happy Nomad on August 3, 2012 at 10:51 AM

Well, Vicky is a bit of a trollop, as long as he leaves Buttermilk alone! Harry isn’t a kid-afile, is he? What have you heard?

Fallon on August 3, 2012 at 11:04 AM

The level of sheer stupidity now being put forth
by the majority Leader of the US Senate is breathtaking
to behold….especially considering this “august” body
has in it the following:

Chuck Shumer
Barbara Boxer
Pat Leahy
Dick Durbin
Patty Murray

ToddPA on August 3, 2012 at 11:04 AM

Zero is also a number.
zmdavid on August 3, 2012 at 10:40 AM

Is it a number or a numeral?

Akzed on August 3, 2012 at 10:44 AM

Zero is also a number.

And an adjective.

NeoDawg on August 3, 2012 at 10:47 AM
Technically 0 is both a number and a numeral, zero is a word.

…and a President.

SailorMark on August 3, 2012 at 11:05 AM

The only thing separating Harry Reid from a zombie is a craving for brains.

a known dangerous urinal on August 3, 2012 at 11:06 AM

As I said before, I was told by an extremely credible source that Romney has not paid taxes for ten years.

We already KNOW that this opening statement IS A LIE.

Here is Mitt Romney’s 2010 tax return:

http://www.washingtonpost.com/wp-srv/politics/documents/romney-2010-tax-return.html

He paid $3,009,766 in Federal income taxes in 2010.

Further, while he did file an extension, he has already paid $3,226,623 for 2011. His effective tax rate was 15.4%, which is still greater than the effective rate of 97% of Americans.

Even at 14%, Romney Pays a Higher Rate than 97% of His Fellow Americans

Here is his estimated return that was filed for 2011:

http://www.washingtonpost.com/wp-srv/politics/documents/romney-2011-estimated-1040.html

Resist We Much on August 3, 2012 at 11:06 AM

A very credible source told me you are guilty of several felonies including several capital crimes.

mankai on August 3, 2012 at 11:01 AM

inthemiddle is a non-stop liar and I (me, not an unnamed source)saw it myself.

cozmo on August 3, 2012 at 11:07 AM

Simple Minds think alike!

A+++

Del Dolemonte on August 3, 2012 at 10:45 AM

Heh – you must have a nice archive of those. Be careful it doesn’t get too big, or the hazmat crew may show up. :-)

22044 on August 3, 2012 at 11:07 AM

No it doesn’t. Only trash uses language like you do.

stingray9813 on August 3, 2012 at 10:15 AM

…Harry Reid touched your privates…didn’t he?

KOOLAID2 on August 3, 2012 at 11:08 AM

…Harry Reid touched your privates…didn’t he?

KOOLAID2 on August 3, 2012 at 11:08 AM

And stingray liked it.

cozmo on August 3, 2012 at 11:09 AM

Just for argument’s sake…
what if it’s true?
I think it’s a safe assumption that Romney paid low rates during the years he refusing to share any details – even rough #s.
But if it turns out that he paid really really low rates…or nothing –
does anyone here think there’s anything wrong with that?
I find it a tad interesting that Romney and some supporters see his known low rates as something to be almost proud of – something to support.
But from the reaction of his campaign (How dare you, sir!), it seems that they feel it’s a horrible thing to accuse him of paying little to no taxes…and thus they feel it’d be a horrible thing to have paid little to no taxes.
Is Romney in fact against wealthy people using complicated and myriad yet technically legal means to avoid paying US income tax?
Or does he support that?

verbaluce on August 3, 2012 at 11:09 AM

verbaluce on August 3, 2012 at 11:09 AM

Or, what is Reid is actually a pederast?

kingsjester on August 3, 2012 at 11:11 AM

I don’t know why you’re yelling at me, bro beans. I’m just pointing out that Reid is carefully picking his words as to avoid making legally actionable statements. I don’t agree with them.

wte9 on August 3, 2012 at 11:01 AM

I didn’t mean to yell at you. I have Judge Hand’s quote on my blog and copied it from there…with the capitalisations.

BTW, I’m a guuuuuuuuuuuurrrrrrrrrrrrrrrrrlllllllllllllllll.

Awesome. Also, you have to like anything from someone named “Learned Hand”.

Paul-Cincy on August 3, 2012 at 10:58 AM

Absolutely. Judge Hand is one of America’s more famous and respected judges of the past.

Resist We Much on August 3, 2012 at 11:12 AM

Good grief, I remember that Reid has had several imaginary friends in the past, one, a 10 year old named Devon, who wants to be just like Reid and another guy who would only give his first name because he may be here illegally. Do you think I can find any of these stories? If I wasn’t so inept on the computer I would think conspiracy. Should this be this hard?

Cindy Munford on August 3, 2012 at 11:12 AM

After the Tucson Massacre, Harry Reid said this:

“Whatever the reason, I hope the turn to more responsible rhetoric is more than empty rhetoric. I intend to do my part.”

Hypocrite, thy name is Harry Reid.

NuTone©: Epic Fail

Resist We Much on August 3, 2012 at 11:13 AM

Surely there are some incredibly credible people who can give us the lowdown on Harry Reid’s interesting associations during his tenure as head of the Nevada Gaming Commission?

Scriptor on August 3, 2012 at 11:04 AM

I lived in Vegas, and worked in Vegas politics, for the better part of 8 years.

From the stories I heard, from bell captains at the Bellagio and MGM Grand, was that Sen Reid had an ongoing thing with Shelley Berkely for at least ten years. I’m quite certain there are, shall we say, discrepancies, in their official calenders, and their personal ones.

Of course, Sen Reid and Congresswomen Berkely can clear this up very easily. All they have to do is release their official and personal calenders for the last 25 years. That way, we can be sure they weren’t booking a room on the 16th floor of the Bellagio, and one of the long-term apartments at the Grand, in order to carry on an extramarital affair.

Otherwise… well, those bell captains are the guys to know in Vegas. Them and the valets…

JohnGalt23 on August 3, 2012 at 11:13 AM

Or, what is Reid is actually a pederast?

kingsjester on August 3, 2012 at 11:11 AM

Its pretty sad when a nutball is so ABR that they ally themselves with a pederast.

cozmo on August 3, 2012 at 11:15 AM

Harry Reid isn’t running for President of the United States.

stingray9813 on August 3, 2012 at 10:09 AM

There are SO many things he’s not doing. He’s not doing his job. He’s not produced a budget for 4 years now. He’s not working on legislation sent to him from the House of Representatives. You are so astute to find yet another thing he’s not doing. Thanks!

Night Owl on August 3, 2012 at 11:15 AM

verbaluce on August 3, 2012 at 11:09 AM

If a person abides by the tax laws, I have no problem with him or her.

If you don’t like the law, change it.

For the record, I highly doubt that Mitt Romney zeroed out his tax liability. Besides, I just proved above that Harry Reid is lying.

Resist We Much on August 3, 2012 at 11:16 AM

I will say this once again. To the good people of Nevada. Does this little man truly represent your values and character???

logman1 on August 3, 2012 at 10:40 AM

Nope. There are a lot of good folks in Nevada.

Harry Reid won because:

“A) Casino bosses DESPERATELY need him in his position of power (U.S. Senate majority leader) so much so that even many Republican casino CEOs in Las Vegas appeared in TV ads for him.

B) Teachers unions reportedly offered $25 Starbucks gift cards to every teacher in the state and literally gave every teacher Friday, Monday a Tuesday off for once a year “teachers conferences” so every teacher could vote Democrat to make sure they all keep their jobs, and pensions, and also get future raises in a depression.

C) It’s reported that Hispanic workers were bused to polls by Democrats and unions to vote for Reid. Seems amazing that Reid was down by 4 in every poll but won by 5. That’s a 9 point swing.”

There was also something about the SEIU being the ones who supplied or transported the voting machines; I don’t remember exactly what the deal with that was… But there are a whole lot of people here who want this guy gone more than you do.

SailorMark on August 3, 2012 at 11:17 AM

kingsjester on August 3, 2012 at 11:11 AM

Why do you propose that concept?
This seems to be a disturbingly similar subject for some folks in the imagined hypotheticals with this style or arguing.

verbaluce on August 3, 2012 at 11:19 AM

addendum:

uppereastside has no brain
inthemiddle has no brain
libfreeordie has no brain

22044 on August 3, 2012 at 10:05 AM

..oh, so you got a phone call from the SAME ANONYMOUS SOURCE I did!

The War Planner on August 3, 2012 at 11:20 AM

There are SO many things he’s not doing. He’s not doing his job. He’s not produced a budget for 4 years now. He’s not working on legislation sent to him from the House of Representatives. You are so astute to find yet another thing he’s not doing. Thanks!

Night Owl on August 3, 2012 at 11:15 AM

..I see no sarc tags here, so I am forced to presume..

:-D

The War Planner on August 3, 2012 at 11:23 AM

Stop using Joe McCarthy as an example of someone making baseless accusations.
He’s been vindicated.

Dexter_Alarius on August 3, 2012 at 11:01 AM

THANK YOU; he always gets confused with the House Un-American Activities Committee (HUAC).

RushBaby on August 3, 2012 at 11:23 AM

Reid is making these claims, not Obama.
If the claims are true Obama would be making them.
Obama would be destroyed if he made the claims falsely.
If the claims are false Romney could easily disprove them.
The fact that Obama is not making the accusations means Reid is bluffing.
If Reid’s allegations were true then we be hearing about them from Obama.

topdog on August 3, 2012 at 11:24 AM

..oh, so you got a phone call from the SAME ANONYMOUS SOURCE I did!

The War Planner on August 3, 2012 at 11:20 AM

Yeah, we’re BFF. Or something. Ha!

22044 on August 3, 2012 at 11:25 AM

Resist We Much on August 3, 2012 at 11:16 AM

Is there such thing as ‘the spirit of the law’ – and does that have any place in tax evasion schemes?
Have you read much about the Son of Boss scheme that Marriott used?
That’s some wacky trickery.
But, they all felt it was technically legal.

verbaluce on August 3, 2012 at 11:26 AM

Is Romney in fact against wealthy people using complicated and myriad yet technically legal means to avoid paying US income tax?
Or does he support that?

verbaluce on August 3, 2012 at 11:09 AM

Who cares? Romney probably supports using whatever loopholes the tax code provides in order to pay as little as possible just as every rich Democrat does. Giving this government once cent more than necessary so they can waste it on imbecilic bullsh*t would be the height of ignorance.

At the same time, Romney isn’t about to try to explain this to our American Idol electorate and more importantly isn’t going to give the Obama/Axelrod machine another distraction to change the subject from Obama’s dismal record. Read Ann Coulter’s column this week and maybe you’ll understand.

Kataklysmic on August 3, 2012 at 11:27 AM

I suspect that Romney actually didn’t pay federal income taxes for a number of years because of his investment income…

I also bet that there are plenty of folks in the IRS illegally searching for and looking at his returns – instead of Ed’s continually throwing out the straw man that “no one at Bain could have seen his returns so this has to be a lie” – why not just proceed to the more logical conclusion of those folks who can look at his returns (albeit illegally) being the source?

Professor_Chaos on August 3, 2012 at 11:27 AM

No it doesn’t. Only trash uses language like you do.

stingray9813 on August 3, 2012 at 10:15 AM

Your standards are interesting. Lying and smearing someone is okay, but cursing is bad. You are why I fear for this country.

Night Owl on August 3, 2012 at 11:27 AM

Stop using Joe McCarthy as an example of someone making baseless accusations.
He’s been vindicated.

Dexter_Alarius on August 3, 2012 at 11:01 AM

Instead, how about “Reid is trying to swift boat Romney’…?

verbaluce on August 3, 2012 at 11:28 AM

Instead, how about “Reid is trying to swift boat Romney’…?

verbaluce on August 3, 2012 at 11:28 AM

That wouldn’t work. SWIFT boating refers to outing politicians that are liars and traitors. SWIFT boaters had facts behind them not innuendo and stupid people defending Reid.

Happy Nomad on August 3, 2012 at 11:30 AM

I suspect that Romney actually didn’t pay federal income taxes for a number of years because of his investment income…

Professor_Chaos on August 3, 2012 at 11:27 AM

I suspect you’re a typical leftist with no idea what you’re talking about. Anyone who has “investment income,” get’s taxed on the “investment income.” It’s not a hard concept, except if you’re actually the type that needs Fascist trash like Harry Reid to adequately represent you.

MNHawk on August 3, 2012 at 11:31 AM

Stop using Joe McCarthy as an example of someone making baseless accusations.
He’s been vindicated.

Dexter_Alarius on August 3, 2012 at 11:01 AM

So… uhhh… you got a copy of that list of 205 names you’d like to share? Man, that would be pure dynamite, right there.

JohnGalt23 on August 3, 2012 at 11:32 AM

Is there such thing as ‘the spirit of the law’ – and does that have any place in tax evasion schemes?
Have you read much about the Son of Boss scheme that Marriott used?
That’s some wacky trickery.
But, they all felt it was technically legal.

verbaluce on August 3, 2012 at 11:26 AM

Do not conflate tax avoidance with tax evasion.

stvnscott on August 3, 2012 at 11:33 AM

Hey Ed, you wanna ease up on the McCarthy comparisons? McCarthy turned out to be RIGHT. You’re maligning a man who was fervently dedicated to Democracy by comparing him to that idiot Harry Reid.

RationalIcthus on August 3, 2012 at 11:33 AM

verbaluce on August 3, 2012 at 11:28 AM

Maybe cowards such as yourself should just man up, and publicly call for doing away with the Bill of Rights. That is what trash like yourself is demanding, isn’t it?

MNHawk on August 3, 2012 at 11:33 AM

Here is the bottom line on what this is all about.

It is about the overall tax rate Romney, and all those other “rich people”, pay.

The Democratic Party, led by Obama and Reid, is attacking how investment income, that is capital gains, and investment losses, that is capital losses, are taxed.

They apparently want capital gains taxed as ordinary income with no offsetting capital gains losses.

This is insane. It would destroy investment in this country. Not even the Chinese Communists do this. The Democratic Socialists in Europe know enough not to do this. But not Obama, Reid, Pelosi, and the US Democratic Party. For chrissakes the Commies running China understand capital investment and how it drives economic growth better than the leadership of the American Democratic Party.

It gets worse. They are also apparently challenging the things businesses can write off as expenses, so that their taxable income is higher — recall the 77K passive loss on investment Romney reported on his investment in an Olympic class horse some lefties got all excited about. That is standard practice among people who invest in horses. It is also standard practice with business startups that lose money in the first couple of years.

The US already taxes corporate earnings higher than any other developed country, including the Chinese. Disallowing the write off of business losses carried over against future earnings would significantly hobble business growth. If you cannot charge your losses in the startup years off against future earnings it will cost a lot a hell of a lot more money to build a successful business.

Of course, Obama and Reid are betting Americans are too stupid to understand all of this. They only want them to know Romney paid a low tax rate. They do not care about why and the sound economic reasons behind it.

We now know the current leadership of the American Democratic Party would destroy the US economy just to stay in power.

farsighted on August 3, 2012 at 11:36 AM

why not just proceed to the more logical conclusion of those folks who can look at his returns (albeit illegally) being the source?

Professor_Chaos on August 3, 2012 at 11:27 AM

Why not go all the way and just declare Romney a tax cheat, convict him on the floor of the Senate, and declare him ineligible for the Presidency?

LETS GET BACK TO THE MOST SALIENT POINT. MITT ROMNEY DESERVES THE PRESUMPTION OF INNOCENCE. THE BURDEN OF PROOF IS ON SLIME LIKE HARRY REID.

I honestly see no reason why Romney should respond to this crap beyond “put up or shut up” and I see no reason why we should just assume that there is anything politically embarrassing in those records. I would like to see an investigation with Reid under oath to find out just who (if anybody) put him up to this nonsense. I suspect that he is being directed by somebody working at 1600 Pennsylvania Ave.

Happy Nomad on August 3, 2012 at 11:36 AM

Instead, how about “Reid is trying to swift boat Romney’…?

verbaluce on August 3, 2012 at 11:28 AM

Naw.
He’d have to use real poeple, with real names, with real access to do that.

Jabberwock on August 3, 2012 at 11:37 AM

I suspect that Romney actually didn’t pay federal income taxes for a number of years because of his investment income…

Professor_Chaos on August 3, 2012 at 11:27 AM

Short of following a deliberate strategy to avoid paying taxes (as opposed to growth, or cash flow), I don’t see how that is possible for year after year income.

I’ve been thinking how this might be possible. If he was invested overwhelmingly in tax-free bonds, maybe. But his 2010 return indicates no such foolishness. He made money the way super-rich people do… from multiple sources, some of which are taxed at different rates, but most of which were, in fact, taxed.

To the tune of $3 million in federal taxes paid in 2010.

Hands up, anyone who has paid $3 million in taxes in their lifetime.

Barack Obama? Joe Biden? I don’t see your hands up…

JohnGalt23 on August 3, 2012 at 11:37 AM

verbaluce on August 3, 2012 at 11:26 AM

The spirit of the law doesn’t apply. The law is technical and not subjective. The prosecution must prove each element of a crime as specified in the statute. If we attempted to use a “spirit of the law” standard, it would be struck down under void for vagueness since “spirit” is a subjective notion.

It is incumbent upon the drafters of legislation to incorporate all of the elements of a crime and to write statutes as clearly as possible so that a reasonable person of average intelligence can understand what is legal and what is illegal. They must be able to do this by simply reading the statute. A reasonable person of average intelligence is not expected to have read the minutes of every debate in committee and on the floor for every law passed. So, if the government wants to punish a certain behaviour, then it must specifically – as well as clearly and concisely — make such illegal in the law.

Resist We Much on August 3, 2012 at 11:38 AM

Hey Ed, you wanna ease up on the McCarthy comparisons? McCarthy turned out to be RIGHT. You’re maligning a man who was fervently dedicated to Democracy by comparing him to that idiot Harry Reid.

RationalIcthus on August 3, 2012 at 11:33 AM

+1

Indeed. Venona more than exhonerated McCarthy. The man was a hero.

Kataklysmic on August 3, 2012 at 11:38 AM

Romney Girl says we need Jobs Jobs on “America Street” and she’s kinda hot (video) http://youtu.be/PiPYv4NIOEg

joisSC on August 3, 2012 at 11:39 AM

Kataklysmic on August 3, 2012 at 11:27 AM

Ok, I read the Coulter column.
Her main point seems to be Romney shouldn’t release the returns because the ‘media will lie’ about them.
Hmmm. Right.
I think a more logical assumption will be that the media will report on them. And because of that, the public will have some facts that they can either be concerned about or not.
Is Coulter still upset about that media ‘lied’ about Romney’s 2010 taxes…and the rate he paid that they reported?
I think Romney is indeed counting on an American Idol electorate here.

But here’s another theory – to give Romney more credit than you or Coulter do:
Let’s assume he’s well aware he’ll need to release these returns. There’s enough Repubs even calling for him to do it. But perhaps these returns will show the opposite of what Reid and other Dems are suggesting. Romney campaign is allowing them to build themselves into a frenzy so that they can can smack them down hard.
Maybe?

Ok, who am I kidding!
Much more likely he schemed wildly to pay low rates.
But it’s a theory…

verbaluce on August 3, 2012 at 11:40 AM

I saw a documentary film the other night on the History Channel. It featured a Nevada Senator who tried to shake down a mob boss during a family gathering at his Lake Tahoe estate. The mob boss told the Senator to pound sand, which raised the ire of the Senator. From Nevada. Lo and behold, one night the Nevada Senator ended up sobbing on the floor of a brothel next to a dead prostitute. He begged and begged the mob boss for his help. Needless to say, from that point forward, the Senator from Nevada was in the pocket of the mob.

I have heard several voices that told me the Senator was, in fact; Harry Reid!

But in the film, he looked more like a dude than he does now.

Kenz on August 3, 2012 at 11:41 AM

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