The claim about Romney not paying taxes starts to make sense

when you consider that his main role at Bain was finding new investors. He has as much as aknowledged that one his selling points was tax avoidance, for which he set up shell corporations in places like the Cayman Islands. It is easy to imagine him bragging to investors that "I haven't paid taxes in 10 years." Maybe it was true; maybe not.

Reid is now saying that the heard this from a number of people. This is credible, since, as Mormons, Reid and Romney are likely to be acquainted with some of the same people--and there were a lot of Mormons involved with Bain. It is likely, therefore, that tax claim may have been part of his standard sales pitch. If so, one of those investors is eventually going to come forward, probably at the worst possible time for Mitt.

At this point, it doesn't even matter if it is true. He either lied then or he lied now.