Tags: reid | romney | tax | claims

Reid Slammed With ‘Four Pinocchios’ for Romney Tax Claim

Tuesday, 07 Aug 2012 10:25 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Harry Reid’s charge that GOP presidential candidate Mitt Romney paid no taxes for a decade earned the Senate Majority Leader four Pinocchios from The Washington Post fact checker. Reid’s claim, purportedly based on an unnamed source, has been roundly criticized in recent days yet the Nevada Democrat has refused to back down.

“This whole exchange poses a fact-checking conundrum,” the Post noted in its examination. “Generally, we maintain that the person or the campaign making the charge must back it up. Reid has refused to provide any evidence, except for the (unproven) fact that someone called him up and told him something that may be true — or simply a rumor.

“But we can still examine how credible this rumor might be.”

The Post said that while Romney has refused to release more than a couple years of tax returns the ones he has show he paid substantial tax on earnings of nearly $22 million. Tax experts tell the Post that while it is theoretically possible for Romney to have paid no taxes in a given year it was “improbable” that someone as wealthy as Romney could avoid taxes for 10 years.

“We use a reasonable person standard here,” the Post concluded. “Without seeing Romney’s taxes, we cannot definitively prove Reid incorrect. But tax experts say his claim is highly improbable. Reid also has made no effort to explain why his unnamed source would be credible. So, in the absence of more information, it appears he has no basis to make his incendiary claim.

“Moreover, Reid holds a position of great authority in the U.S. Congress. He should hold himself to a high standard of accuracy when making claims about political opponents.”


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Judge Orders Extra Voting Help for Alaska Natives

Monday, 22 Sep 2014 20:37 PM

A federal judge on Monday ordered the state to take additional steps to provide voting materials to Alaska Native voters . . .

Pew Poll: Nearly Half of Americans Want More Religion in Politics

Monday, 22 Sep 2014 19:55 PM

Almost half of Americans think religion and politics should mix, according to a new survey.
 . . .

GAO: Feds' Consumer Watchdog Not Protecting Credit Data

Monday, 22 Sep 2014 19:45 PM

The agency created by President Barack Obama to protect consumers from financial fraud has amassed sensitive credit-card . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved