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Saturday, August 4, 2012

UK: Mitt and Harry and taxes

The Guardian

Mitt Romney lashes back at Harry Reid over latest tax return allegations

Senate majority leader turned up heat on calls for Romney to release returns as candidate tells Reid to 'put up or shut up'



It comes amid speculation that the Republican candidate paid little or no tax in some years, and that he had squirrelled away vast chunks of his fortune in tax havens such as the Cayman Islands and Switzerland.
The latest accusation by Reid prompted a forthright response from Romney during a radio interview on Thursday evening. He carried on the fight Friday with statements while on the road.

The Republican candidate told reporters that the claims were "patently, simply false" and challenged his accuser to come clean over who had given him the information.

For his part, Reid has said his allegations came from an "extremely credible" source. Keeping the spat alive on Friday, the Senate leader accused Romney of insulting voters over his refusal to release any more tax returns. He also took a swipe at proposals that would see tax relief for the rich extended under a Republican presidency.

Describing the former Massachusetts governor as "the most secretive presidential candidate since Richard Nixon", Reid said: "It's hard to say which is more insulting to Americans' intelligence, Mitt Romney's tax plan or his refusal to show the American people what's in his tax returns."
Reid added: "Thumbing your nose at the people you're asking to vote for you won't fly in Nevada, just like it won't fly in the rest of the country."

Read it at The Guardian:
http://www.guardian.co.uk/world/2012/aug/03/mitt-romney-harry-reid-tax-spat?newsfeed=true

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