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Romney: I'll Release Taxes ... in April

When he'll most likely have clinched the nomination

By Evann Gastaldo,  Newser Staff

Posted Jan 17, 2012 7:10 AM CST

(Newser) – Calm down, everyone. Mitt Romney will release his tax returns … just as soon as he has clinched the GOP nomination. "If I become our nominee, and what's happened in history is people have released them in about April of the coming year and that's probably what I would do," he said at last night's South Carolina debate. The presidential race will likely be decided by then, USA Today notes. As for the records, "I have nothing in them that suggests there's any problem and I'm happy to do so. I sort of feel like we are showing a lot of exposure at this point," Romney said.

He also mentioned that he researched what the campaigns of John McCain, George W. Bush, and others had done. "They have tended to release tax records in April or tax season," he said. "I hadn't planned on releasing tax records because the law requires us to release all of our assets, all the things we own. That I have already released. It's a pretty full disclosure. But, you know, if that's been the tradition and I'm not opposed to doing that, time will tell." Last night, Rick Perry joined Rick Santorum, Newt Gingrich, and President Obama's campaign in calling out Romney for his failure to release the records.

Republican presidential candidate former Massachusetts Gov. Mitt Romney speaks during the South Carolina Republican presidential candidate debate Monday, Jan. 16, 2012, in Myrtle Beach, SC.
Republican presidential candidate former Massachusetts Gov. Mitt Romney speaks during the South Carolina Republican presidential candidate debate Monday, Jan. 16, 2012, in Myrtle Beach, SC.   (AP Photo/David Goldman)
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COMMENTS
Showing 3 of 19 comments
radicalron
Jan 17, 2012 9:45 AM CST
I read somewhere that he's worth $264 million and has only paid less thgan 15% in taxes by hiding money in the Caymen Islands.  About two weeks ago, the FBI evoked FOIA exemption 7(a) and denied access to all Bain Capital records on the grounds that “there is a pending or prospective law enforcement proceeding relevant to these responsive records; and that release of the information contained in these responsive records could reasonably be expected to interfere with the enforcement proceedings.” FBI Response to FOIA Re: Bain Capital- It doesn't look good for Romney, May have broken laws! http://ozhouse.org/2012/01/08/mitt-romney-avoids-u-s-tax-by-using-cayman-islands-accounts/
WallyEFunk
Jan 17, 2012 9:31 AM CST
I really don't get how this is anyone business.  Open government doesn't mean, what I pay in taxes, what I spend my money on, or what my grades were in school. 
Fondue
Jan 17, 2012 9:17 AM CST
They're just making it easier for Obama's re-election. Go on Mr. 1%, throw your tantrum about your taxes.
 

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