Romney Releases Tax Documents; Paid $1.9 Million Last Year

By: Associated Press Email
By: Associated Press Email

Stay up-to-date with KAKE News:

Friday, September 21, 2012

Mitt Romney is releasing his 2011 tax returns.

Romney aides on Friday said the Republican presidential nominee would give the public a look at his finished tax forms. Ahead of their release, expected at 3 p.m., aides said Romney earned almost $13.7 million last year and paid more than $1.9 million in taxes -- an effective tax rate of 14.1 percent.

Romney's campaign earlier estimated that Romney would pay about $3.2 million in taxes.

Romney paid about $3 million in federal income taxes in 2010 -- or 13.9 percent.

Critics, including President Barack Obama, have urged Romney to release more than just the two years of returns and follow his father's model. When George Romney ran for president, he released 12 years of tax returns.

The younger Romney is refusing.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 170730136 - kake.com/a?a=170730136