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

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Published on: August 3, 2012

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.

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