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Is Mitt Romney 'hiding something' as Reid claims?

Presidential candidate Mitt Romney denied unsubstantiated claims made by Nevada Senator Harry Reid that Romney is 'hiding something' by refusing to release more of his tax returns. Returns that Romney has made public show that he paid a lower tax rate than most Americans in 2010. 

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney campaigns at the Jefferson County Fairgrounds in Golden, Colo. On Thursday, Romney denied claims made by Nevada Senator Harry Reid that Romney didn't pay taxes for ten years.

AP Photo/Charles Dharapak

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Put up or shut up, says Mitt Romney. Just sayin', retorts Harry Reid. For both men, it's a taxing situation.

Romney demanded Thursday that the Democratic Senate leader back up the story he's been passing around this week that an investor with Romney's old firm, Bain Capital, has told him that Romney didn't pay any taxes for 10 years.

Reid offers no evidence to substantiate the claim — he even says he's not sure it's true — and won't reveal who made it. For the Nevada Democrat, the claim explains why Romney is adamant about not releasing more than a year or two of his tax returns.

Romney went on conservative radio host Sean Hannity's show Thursday morning to brand the claim untrue.

"Well, it's time for Harry to put up or shut up," Romney said. "Harry's going to have to describe who it is he spoke with because of course, that's totally and completely wrong."

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