Politics & Elections Mitt Romney releases 2011 tax return

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Politics & Elections
Mitt Romney releases 2011 tax return

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MIAMI -- 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.



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.

 

[QueEx]