Politifact has finally weighed in on the subject, and it’s not good for Reid:
Reid has said Romney paid no taxes for 10 years. It was no slip of the tongue. He repeated the claim on at least two more occasions, at one point saying that “the word is out” when in fact it was only Reid who put that “word” out.
Reid has produced no evidence to back up his claim other than attribution to a shadowy anonymous source. Romney has denied the claim, and tax experts back him up, saying that the nature of Romney’s investments in Bain make it highly unlikely he would have been able to avoid paying taxes altogether — especially for 10 years.
Reid has made an extreme claim with nothing solid to back it up. Pants on Fire!
http://www.redstate.com/ironchapman/2012/08/06/harry-reids-pants-are-on-fire/
If you think education is expensive, try ignorance.