Reid pushes Romney to follow ‘example set by father,’ and share more tax records

Senate Majority Leader Harry Reid (D-Nev.) on Tuesday called on Mitt Romney to open up more of his tax records for public scrutiny, adding to a coordinated Democratic effort to pressure the presumptive GOP nominee.

Romney has filed his tax return for 2010 and an estimate of his 2011 return.

Reid, however, said Romney should follow the example of his father George Romney, who released 12 years of tax returns when he ran for president in 1968.

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“I never met George Romney, but I always admired him and he’s the one who started the process that has happened ever since he ran for president. If you’re running for president, your finances are an open book,” said Reid.

“He surprised everyone and gave the press 12 years of his tax returns. Mitt Romney talks about this great family he comes from, and I acknowledge it is, but why doesn’t he follow the example set by his father and release his tax returns?” he added.

Reid used Romney as an example to argue that Congress should extend taxes only for families earning up to $250,000.

“Mitt Romney doesn’t [need] additional tax breaks, in fact the U.S. tax code is probably an afterthought for him given how much money he obviously has placed in Switzerland, in Cayman Islands, in Bermuda,” Reid said.

Reid’s comments came after President Obama and Vice President Joe Biden pressured Romney to open up more of his tax history to public scrutiny.

Obama said during an interview with WMUR, New Hampshire’s ABC affiliate, on Monday that Romney should be more forthcoming.

“I think what’s important, if you are running for president is that the American people know who you are, what you’ve done, and that you’re an open book. And that’s been true of every presidential candidate, dating back to Mr. Romney’s father,” Obama said.

Biden similarly dinged Romney on Tuesday for not following his father’s example.

He said Romney is, “making a lie of the old adage: Like father, like son.”

Democratic National Committee Chairwoman Debbie Wasserman Schultz (D-Fla.) on Sunday called on Romney to release more than one year of his tax returns.

She cited a report in Vanity Fair magazine that Romney used offshore corporations and accounts to reduce his tax liability.

“Americans need to ask themselves, why does an American businessman need a Swiss bank account, and secretive investments like that?” Wasserman Schultz said on Fox News Sunday.