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DISCLOSURE Romney: I Paid 13 Percent in Taxes Julie Jacobson / AP Photo

Romney: I Paid 13 Percent in Taxes

Following furious demands from Democrats to release his tax returns, Mitt Romney offered the fullest explanation yet of his tax status Thursday, saying that he paid a tax rate of at least 13 percent of his income in each of the last 10 years. That’s a long way off from Senate Majority Leader Harry Reid’s claim that an investor at Bain Capital told him that Romney paid nothing in taxes over the last decade. “I’m sure waiting for Harry to put up who it was that told him what he says they told him,” Romney said. “I don’t believe it for a minute, by the way.”

August 16, 2012 1:13 PM