Wednesday, September 19, 2012

Harry Reid: The 47 percent aren’t ‘using Cayman Islands tax shelters’


Senate Majority Leader Harry Reid (D-NV) says that leaked tapes insulting the 47 percent of Americans who don’t pay income taxes as “dependant” on the government have given the world a “rare look at the real Mitt Romney.”
Earlier this year, Reid had suggested that the Republican presidential nominee refused to release his tax returns because he had not paid any income taxes over a 10-year period, a charge that the Majority Leader renewed during a scathing speech on the Senate floor on Wednesday.
“This week we learned that Mitt Romney only wants to be president of half the United States,” he explained. “If Mitt Romney were president he wouldn’t waste time worrying about the 47 percent of Americans who he believes are ‘victims,’ who Romney believes are ‘unwilling to take personal responsibility.’”
Reid continued: “For all we know Mitt Romney could be one of those who have paid no federal income tax. Thousands of families making more than a million dollars per year pay nothing in federal income tax. Is Mitt Romney among those? We’ll never know because he refuses to release his tax returns.”
“We know that Mitt Romney pays a lower tax rate than middle-class families, thanks to a number of things he’s done: Swiss bank accounts, Cayman Islands 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 dad did.”
Reid pointed out that most of “those people” who Romney talked about “are not avoiding their tax bills using Cayman Islands tax shelters or Swiss Bank accounts like Mitt Romney. Millions of the 47 percent are seniors on Social Security, who don’t have Bain Capital retirement funds or inherited stock to fall back on.”
“This rare look at the real Mitt Romney, this rare look from a man who was a fundraiser for him, proves one thing: He’s completely out of touch with average Americans,” the Nevada Democrat concluded. “And if he won’t stand up and fight for every American as president the he doesn’t deserve to serve any American as president.”
For his part, Romney insisted in August that he had paid more than 13 percent of his income in taxes — or more if donations to the Mormon church were included — over the last 10 years, and accused the people who want to see his returns of being “small minded.”

Raw Story (

1 comment:

stanchaz said...

Romney and Company smirk ...and smile ...and say to us:
TO HELL with all those “moochers” and “free-loaders”
receiving Medicare, or Veterans Benefits, or Pell Grants,
or Social Security, or Unemployment,
or Medicaid, or Food Stamps, or on Disability,
Romney says TO HELL with all of us that are struggling to stay afloat,
to those in the Middle-class, and to those hoping to get there.
Romney says TO HELL with the hungry, the homeless, the helpless,
and the hopeless, all the biblical “least of these”.
Romney says TO HELL with the “47% of America” -- the “losers”
that Romney so easily divides and dismisses and disrespects as “dependents”.
Romney wines... INCREDIBLY ...that we’re shamelessly sponging off of him,
and off of all of his poor-poor-poor super-rich friends
.....all those super-rich folks who want to BUY this ELECTION,
.....all those super-rich folks who want to BUY this COUNTRY.
Trickle-down economics? Hey, sure , let them eat cake. It’s all the same. Always has been.
It’s crumbs for us, and Cadillacs and car elevators, and loopholes & lower taxes for them.
That is, if they pay ANY taxes at all....
But tell me - who are the REAL “takers”,
who are the REAL creators, who are the TRUE workers?
Who gave their LIVES and limbs... in unpaid and un-needed wars?
Whose sweat, .....on whose brows, has BUILT this great country?
Was it the Romney’s of this world ...or us?
But we still have a voice. It’s called our VOTE.
Loud and Clear. Just say NO.
Say NO to Romney & Company ...and what they stand for.
This is STILL our country. Our children’s country.
And we mean to KEEP it that way. Period.