Under the Mountain Bunker

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    Is it ‘possible’ that Mitt Romney paid zero income tax?

    From a TPM reader“…It’s entirely possible Romney paid zero income taxes, and possibly nominal capital gains taxes (i.e. less than 15 percent). In fact, since he wasn’t being paid income but presumably was liquidating his stake in Bain Capital, in the perspective of the IRS, he wasn’t earning any income — just selling assets (Bain management company back to his other partners).”

    Meanwhile, Slippery Mitt told Fox “News” that Harry Reid has “lost a lot of credibility” because he won’t reveal his source.

    Yes. Everyone is worried that Reid is losing credibility because he’s running for president… oh, wait.

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    — 2 years ago