Mitt Romney appears to still be incapable of understanding what the whole brouhaha over his tax rate is, and does not understand that the ball is in his court to prove that Harry Reid is wrong about him not paying taxes. While the uproar may have died down a little, it came back because, well, Romney doesn’t know when to stop acting like a privileged idiot and let it go away.
Romney continues to refuse to release more than two years of tax returns because he feels that the American people do not need to know anything about his financial history.
Romney assured reporters in South Carolina that he never paid less than 13% in taxes during the ten years in which he refuses to release his tax returns. He also doesn’t get why it is important to the people to know how much he paid. He stated “The fascination with taxes I’ve paid I find to be very small-minded compared to the broad issues we face. But I did go back and look at my taxes and over the past 10 years I never paid less than 13 percent. I think the most recent year is 13.6 or something like that.”
He also tried, yet again, to counter the accusations about him not paying taxes by stating “I’ve paid taxes every single year. Harry Reid’s charge is totally false.”
TPM noted that
Romney’s been dogged by questions about his taxes since the start of his latest presidential bid. He was booed at a Republican debate when he was coy about his tax returns. Once the general election started, Democrats seized on speculation over Romney’s taxes, and made it the subject of Obama campaign TV spots:
Now Democrats have their answer from Romney, but they still don’t have the proof. Senate Majority Leader Harry Reid (D-NV) has kept Romney’s taxes in the spotlight with his unsubstantiated allegation that Romney paid zero taxes for more than a decade, information he says was passed on by an anonymous Bain Capital investor.
Romney does not want to talk about taxes- his or anyone else’s. He doesn’t want to talk about his- ever- and doesn’t want to talk about his taxation plans until after the election.
Apparently, Romney doesn’t get that 13% is still a lot lower than even a minimum wage earner pays in taxes, and that is a lot of what the big deal is.

Richard Sands
August 16, 2012 at 3:35 pm
Indeed that said it is possible after all, Mr. Mitt Romney was able then or therefore to right-off the taxes due on his profit or any money made while working at Bain Capital, for those 10-years. Maybe that 13-plus percent he did pay in taxes was paid on other accounts and at the end of the day, the balance sheet or bottom line at Bain Capital was actually tax-free income for Romney, giving Senate Majority Leader Harry M. Reid (D-Nev.) creditability as well as his source.
adamas
August 16, 2012 at 2:24 pm
15% of say $20,000,000 ($3,000,000) is a hell of a lot less of a hit to one’s standard of living then 15% of $30,000 ($4500)