After The New York Times splashed the news that someone had anonymously mailed one of its reporters Donald Trump’s 1995 IRS returns — reporting of which is a violation of federal law, according to American Thinker — Harry Reid posted to his official Senate website a scathing putdown of the Republican presidential nominee.
The Times account says Trump declared a $916 million loss on his 1995 income tax return and speculated that a loss of that amount could legally allow him to avoid paying any income taxes for up to 18 years.
“As I was saying.
“Trump is a billion-dollar loser who won’t release his taxes because they’ll expose him as a spoiled, rich brat who lost the millions he inherited from his father. Despite losing a billion dollars, Trump wants to reward himself with more tax breaks on inherited wealth while stiffing middle-class families who earn their paychecks with hard work.
“Trump is over-leveraged and deeply indebted to someone, but until he releases his taxes we won’t know who. The implications for America’s security are severe. The American people deserve to know who has leverage over this man who wants to be president. In the name of the public interest, the Senate should immediately pass the Presidential Tax Transparency Act, which would force all presidential candidates to release their tax returns. If all senators agreed to pass this act for the good of the country, we could pass it in a matter of minutes.”
Reid added insult to insult by calling Trump “a racist, incompetent failure.”
This is from a member of the Club of 100 which votes on treaties and advises and consents on major presidential appointees but who has consistently refused to release his own tax returns.
In 2012, Reid pounded on Mitt Romney to release his tax returns, speculating he had not paid taxes in 10 years. A Reid spokesman said of Reid’s failure to release his returns: “He’s not running for president. …”
This the same Reid who during his 1974 Senate race against Paul Laxalt questioned Laxalt’s ties to Howard Hughes.
Reid challenged Laxalt to reveal his and his family’s finances, according to a Las Vegas newspaper account years later.
Reid held a news conference to hand out his own financial statements and tax returns for himself and his three brothers, challenging Laxalt to do the same.
“Any man or woman who will not be completely candid about his or her finances does not deserve to be in public office,” Reid was quoted as saying by The Associated Press.