Mitt Romney tax returns

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Trump: I'm 'Very Serious;' Obama Zings Fellow 'Kenyan'

The Donald says he's received 'tremendous praise' as prez laughs off offer

(Newser) - Donald Trump says his much-derided $5 million offer is no publicity stunt: "It’s a serious, very serious offer." In fact, Trump says he's "received tremendous praise," he told Piers Morgan last night. When Morgan suggested that "everyone knows" Obama would never do so,... More »

Romney's Tax Returns: How They're Playing

... great on the right, not so great on the left

(Newser) - Mitt Romney released his 2011 tax returns yesterday, revealing that he paid $1.9 million in taxes on income of $13.7 million for an effective rate of 14.1%. Here's a sampling of reaction:
  • Megan McArdle, Daily Beast : Yawn. "His tax planning seems to be entirely unremarkable
... More »

Larry Flynt: $1M for Romney's Tax Returns

Hustler publisher puts ads in major newspapers to dig up info

(Newser) - Hustler publisher Larry Flynt is ready to cough up a cool $1 million for an up close and personal look at something lusted after by Democrats everywhere: Namely, Mitt Romney's tax returns. Flynt is offering the reward to anyone who can dig up new evidence of the GOP candidate'... More »

Hackers Claim to Have Mitt's Tax Returns

They demand $1M ransom

(Newser) - An unidentified team of hackers say they've stolen Mitt Romney's tax returns and will make them public unless his campaign forks out $1 million in "ransom." The hackers say they made off with Romney's pre-2010 returns after gaining access to a PriceWaterhouseCoopers office in Tennessee,... More »

Ryan's 2011 Tax Rate: 20%

VP candidate releases 2 years' worth

(Newser) - Yesterday was Paul Ryan's turn to release his tax returns—just the last two years , of course—and they show that the veep candidate paid 15.9% of his income in taxes in 2010 and 20% last year, according to documents provided to the Milwaukee Journal Sentinel . Ryan, together... More »

Obama to Romney: Let's Make a Deal on Tax Returns

Romney to Obama: Let's not, thanks

(Newser) - By now, Mitt Romney is probably beyond sick of hearing about his tax returns, so the Obama campaign is offering him a deal: If he releases just five years' worth of them, they won't blast him for not releasing any more. Campaign manager Jim Messina made the offer to... More »

Romney on Taxes: I Pay At Least 13%

Says he finds the whole issue 'very small-minded'

(Newser) - Mitt Romney still won't release his tax returns, but today he told us a little more about what was in them. "I just have to say given the challenges that America faces … the fascination with taxes I paid I find to be very small-minded," he said... More »

RNC Chairman: Reid a 'Dirty Liar'

Republicans pile on after Romney tax allegations

(Newser) - Today's big talk show topic: Harry Reid's speculation that Mitt Romney hasn't paid taxes in 10 years . Republicans were on the attack, while Democrats defended Reid and/or urged Romney to just release his tax returns and end all the guessing games, Politico reports. Highlights from the Sunday... More »

Romney to Harry Reid: 'Put Up or Shut Up'

He rejects accusation that he hasn't paid taxes in years

(Newser) - Harry Reid keeps speculating that Mitt Romney hasn't paid taxes in 10 years, and Romney would like him to stop, please. “Well, it’s time for Harry to put up or shut up,” Romney told Sean Hannity's radio show today, according to the Daily Caller . “... More »

Mitt: I'll Have to Check on My Tax Rate

He can't recall if he has paid less than 13.9%

(Newser) - Amid the buzz of his world travels, ABC brought Mitt Romney back to his old Achilles heel: taxes. Asked last night if he has ever paid less than the 13.9% rate he paid in 2010, Romney said he'd have to check his records. "I haven't calculated... More »

One Theory Why Romney Won't Release His Returns

Maybe he paid no federal taxes in 2009: Joshua Green

(Newser) - Scores of prominent Republicans are ratcheting up pressure on Mitt Romney to release his tax returns, notes ThinkProgress , but the candidate tells the National Review that he's not thrilled about giving the Obama camp "more pages to pick through, distort and lie about." (The editors at the... More »

Romney's Wealth Worried McCain Camp in '08

But Steve Schmidt says he wasn't passed over for VP because of taxes

(Newser) - Part of the reason John McCain passed over Mitt Romney was because of his vast wealth, top McCain strategist Steve Schmidt tells the Huffington Post . "Sen. McCain got caught flat-footed answering questions about how many houses he owned," Schmidt recalls. "We knew it would be a big... More »

Now Republicans Call for Romney Tax Returns

Business dealings amount to 'legitimate question': GOP rep

(Newser) - President Obama has some unlikely new allies in his effort to get Mitt Romney to release his tax returns. Members of Romney's own party, from Haley Barbour to Michael Steele, are calling on the candidate for financial disclosure. "His personal finances, the way he does things, his record,... More »

Obama to Romney: Open Up Your Finances

Obama: Romney should be 'open book' like father

(Newser) - President Obama kept up the Democrat attacks on Mitt Romney's personal finances yesterday, calling on Romney to release more details about his offshore bank accounts, reports Politico . "What's important is if you are running for president is that the American people know who you are and what... More »

Mitt's Not the Man His Father Was

Paul Krugman: Elder Romney released 12 years of tax returns

(Newser) - If only Mitt Romney had followed in his father's footsteps a little more closely. Sure, they both became wealthy businessmen—but while George's auto-industry success was a boon for American jobs, Mitt's work at Bain Capital appears to have left many workers struggling. Yes, both ran for... More »

Romney's Finances Look Really Suspicious

Vanity Fair details all the strange contortions Romney is doing to dodge taxes

(Newser) - Mitt Romney's tax returns —and the bevy of offshore tax havens they point to—have already provided lots of fodder for critics, but all generally agree that he's done nothing illegal. "But it is worth asking if it is actually true," writes Nicholas Shaxson in... More »

23 Funds, Partnerships Missing From Romney's Disclosure

Romney team calls missing items 'trivial,' but critics pile on

(Newser) - At least 23 funds and partnerships listed on Mitt and Ann Romney's tax return in 2010 were not disclosed in the candidate's most recent financial disclosure statement, filed in August for his presidential run, reports the Los Angeles Times . Of those, 11 are in low-tax countries, including Bermuda,... More »

See How Long It Takes Romney to Match Your Puny Salary

Slate has an income calculator that tells the tale

(Newser) - Mitt Romney's rich enough to make rich people feel poor, with his 2010 income of $21.6 million putting him in the top .006%, notes the New York Post . To get a sense of how that stacks up to ordinary folks, Slate has a neat little calculator that allows... More »

Stewart Rips Mitt's Tax Rate

Poor people need better lobbyists: host

(Newser) - Jon Stewart ripped into Mitt Romney's tax return last night, and Elizabeth Warren showed up later to hammer home the point. "How can you justify making more in one day than the median American family makes in a year, while paying an effective tax rate of the guy... More »

Romney Returns: $6.2M in Taxes on $42.6M

No income from wages; he'll pay 15.4% on last year's income

(Newser) - Just hours after debating tax rates during the GOP debate in Florida, Mitt Romney released his tax returns, revealing that he collected $20.9 million in income last year, and $21.7 million the previous year—nearly all of it in profits, dividends, or interest from investments. None came from... More »

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