Romney to release tax return Tuesday
January 22nd, 2012
09:21 AM ET
2 years ago

Romney to release tax return Tuesday

(CNN) - Republican presidential hopeful Mitt Romney said Sunday he will release his 2010 tax return and an estimate of his 2011 tax liability on Tuesday.

The comment, in an interview on "Fox News Sunday," was a big change in Romney's plans for handling an issue that dogged his campaign last week, and followed Saturday's loss to former House Speaker Newt Gingrich in the South Carolina primary.

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Filed under: Mitt Romney
soundoff (44 Responses)
  1. smallbizowner

    2 years worth, not just one year like sNewty?? Great.

    Mitt should be proud and say "look what anyone can achieve in America with a lifetime of busting your butt". Valedictorian at BYO (top kid out of 25,000) Double major at Harvard (MBA and Law Degree and top 5% of his class there) clean cut, no scandals to speak of.

    We have all made mistakes- but I can tell my 4 kids exactly where I went off track and why I am atoning for those decisions now, and I would love to be able to point to President Mitt Romney and tell my kids "thats the product of hard work".

    If we have a President Newt (not likely of course) I would have to say "thats the product of having an ego so big that no matter what mistake you make in your life, you can pave over it with golden rhetoric and the dumb masses will believe you."

    January 22, 2012 09:31 am at 9:31 am |
  2. vic , nashville ,tn

    If Romney is nominee Simple Obama will win big.
    He gave nearly 10 answers why he doesn’t want release his tax return. Now he thinks because tax return he lost South Carolina, now too late damage has done

    January 22, 2012 09:33 am at 9:33 am |
  3. iaswimman

    The Romney team probably planned on releasing the tax returns in the dead air time between locking up the nomination and the convention. He was supposed to just win it early because he was the only 'serious' candidate in the race this year. whoops. Instead Newt shocked him by hitting him with the Bain thing, an attack that they thought wouldn't come until the general election when they could sneer it off as Obama 'attacking capitalism.' Newt's a slippery one. Romney's team didn't think he'd hit Mitt from the left and when he did, they were like a deer in headlights.

    January 22, 2012 09:46 am at 9:46 am |
  4. ST

    Typical Romney always changing according to the direction the wind is blowing to. Why not stick to your words Mitt?? You planned to release your tax returns in April and you said it facing the camera. Why then now??? Another confirmation that Mitt can not be a reliable person on whatever he says or does.

    January 22, 2012 09:46 am at 9:46 am |
  5. lefty avenger

    Wait til everyone sees all the Tax Free Mormon corporate vulture money went straight to the Cayman Islands. It's a wonder the islands can stay afloat with all that looted wall street banker gold!

    January 22, 2012 09:47 am at 9:47 am |
  6. Jake

    Desperate people doing desperate things. Everyone and their mother knows that had Mitt won SC, he wouldn't be releasing any tax returns. When he lost SC, his advisors made it very clear to him, release at least 2010 even if it has dirt on it, we'll clean it up, we'll put whatever spin it needs and you'll have a chance in Florida and beyond. Not doing it, will end his Presidential aspirations regardless of what some would think, all you have to do is look at what happened in SC and you it isn't going away. Of course, he won't release prior year returns, but that will be part of the spin, "I'm being victimized for being a successful businessman". What really needs scrutiny and an explanation is the money trail from Mitt to the Cayman Island, the trail from his church to Bain Ventures and that trail to the Cayman Islands. That may be the bigger story, i.e. tax evasion and money laundering.

    January 22, 2012 09:49 am at 9:49 am |
  7. JuanVonDinklus

    Amazing when you get your butt kicked what you decide to do. I still laugh when I think of Romney saying he only made a little bit of money off of speaker fees – uh, sorry $374,000 is not a little bit of money. Like the rest of the republicans, he has no clue what it is like for the common folk – none of them do, except maybe Ron Paul.

    January 22, 2012 09:50 am at 9:50 am |
  8. Jerry from Dallas

    Flip Flopped again!!! Simply this guy will DO/SAY anything to win. It could make better sense to release them in March or thereafter. It does not matter he losed SC out of tax questions. The whole perception is about lack of touch with 99% and reality. He lost it at SC and it will be wipe out at FL. Don't expect Latino voters to be happy with his immigration tough talk without sympathy. It is frustrating to our party!

    January 22, 2012 09:50 am at 9:50 am |
  9. Kenny K

    @smallbizowner

    Obama was classified by GOP/Palin crowd as been elite and somehow educated. Now, do you think the same crowd will accept Romney who is very elite and very far up their in solid professional education (unlike someone who get PhD in European History)?

    January 22, 2012 09:50 am at 9:50 am |
  10. Daniel

    I dont really think its so much about the taxes as it is that Americans can see right through him. In response to smallbizowner, in regards to busting is but, yes he has, but not everyone is capable of doing what he has done. Plus, had he started out at a lower standard in life, I dont think he would have made it nearly as far as he has been AWARDED in his life. He is really all about adding another notch on his belt. He sincerely doesnt care about anyone that is not directly related to him or his family. He is extremely out of touch. Its sad to say but outside of the Evangelical south he has no chance in winning anything.

    January 22, 2012 09:51 am at 9:51 am |
  11. Shawn

    @smallbizowner: Im as democrat as they come and dont care for any of the republican candidates but to say Romney is purely the product of hard work is crazy. He was born with a golden spoon in his mouth and is no more a product of hard work than Geroge Bush Jr. Gingrich was born to a tennage mother, later adopted and went on to earn his PhD. That to me, speaks much more of hard work than someone who succeded but was giving every method possible to have that success. So rather tell your kids, thats the product of someones father who worked hard and had the resources to ensure their kids had the best of everything. It becomes mighty easier to succeed with those resources.

    January 22, 2012 09:53 am at 9:53 am |
  12. Keith

    Obama is sitting back licking his chops to take on Gingrich, one who is proven to be a liar. Why do u think they kicked him out. If you want a better country vote Romney. If you want a worse country vote Gingritch, because if u vote Gingritch, you are getting more of the same (Obama). Isn't it wonderful Romney has strong convictions to his faith and isn't tossed back and forth by political winds? Romney is a product of hard work and application of knowledge. Being a good debater doesn't equate to a good president. SC, you missed this one....sad.

    January 22, 2012 09:53 am at 9:53 am |
  13. Mar tark

    Why Just one year? What is hiding in years?

    January 22, 2012 09:57 am at 9:57 am |
  14. Jake

    smallbizowner...I think it's a bit too early to annoint Mitt Romney as the next Einstein. I'm sure you know there are plenty of people in federal prison with remarkable credentials too. What you should be asking is the money trail between Mitt and the Cayman Islands, Mitt to his church and to Bain Ventures and to the Cayman Islands. Doesn't it strike you that a guy that claims he is so invested in America's interest has money going to the Cayman Islands, via this route or that route? It's not like the Cayman Islands are a major economic world power, it isn't. It has two things...nice sandy beaches and tax shelters and havens. Which one do you think Mitt is investing in, sandy beaches or tax havens? I think a reasonable person would believe...tax shelters. I would hold off on the annointment until all of it comes out.

    January 22, 2012 09:57 am at 9:57 am |
  15. JROSS

    Envy is the shame of a majority of Americans. The more money, the more education and the more integrity fills the hearts and minds of "mainstream" America. The more quality education achieved, the more languages spoken, the harder one works and the more one achieves the more fear and resentment. Absolutely unbelievable. Bless the Romney family – leave the filth of politics to the slovenly, immoral politicians. America deserves Newt.

    January 22, 2012 09:59 am at 9:59 am |
  16. Auzzie

    I remember he said that he would release his taxes in April (end of discussion). Now he is going to submit 2 years worth on Tuesday. Does Romney stand for anything??? Ole Mass Flip-Flop

    January 22, 2012 10:00 am at 10:00 am |
  17. Victoria avgam54

    "an estimate of his 2011 tax liability" I want to see his "estimate" AND his last couple years along with what is in the caymens. If you GOPers think I am being to hard on this guy, may I remind you at least I am not asking for his birth records.

    January 22, 2012 10:01 am at 10:01 am |
  18. TheTraveler

    Too little, too late. He should have released them right off the bat and shown folks that he is really an upright kind of guy. Instead, he stalled and screwed around. Now he'll have to work harder against Gingrich and Santorum to gain back ground. (No one takes Paul seriously so I wouldn't worry about him).
    What is really, really sad is that I detest Gingrich so much that Romney looks like a saint compared to him (and I don't think much of Romney either).

    January 22, 2012 10:02 am at 10:02 am |
  19. THINKKKKKKKKK

    I agree that Mitt Romney has to focus his message, and hopefully he will, but the problem with South Carolinians is that they forgot that Newt Gingrich isn't a true conservative, he was for an individual madate at a federal level, he supported cap and trade, he left the republican House in shambles in 1997 with the House voting 395-28 to support getting him out of office. He has cheating twice in marriage, he took 1.6 million dollars from fannie mae and freddie mac, and he called Congressman Ryan a biproduct of extreme conservatism. And that is the guy who is running on being the "true conservative" of the party while having no leadership of running anything. We saw what happened when a person was elected to be President with no experience of running anything over the last three years with President Obama. I know republicans what to get Obama out of office, but then if we do get the Presidency we need a man that will get things done and right the ship, that man is Mitt Romney.

    January 22, 2012 10:03 am at 10:03 am |
  20. Smallerbizowner

    Hey snallbizowner, I think the correct quote would be "look what anyone can achieve when you're born into the top 1% and then work hard using an education unobtainable by most all families in America." yes, there's hard work, but there's also a head start that helped him out. Hard work alone won't lead to making the millions he has.

    January 22, 2012 10:04 am at 10:04 am |
  21. vote the Tea Party OUT in 2012

    this is almost unreal. From what I have seen and read there are almost as many Republicans that don't like Newt as they don't like Mitt. Mitt bought part of this on himself with all the negative ads in Iowa. which it turned out he didn't win anyway. So NOW he wants to release his returns. I guess big Chris must have given him the "Jersey call" to tell him to do it.

    January 22, 2012 10:07 am at 10:07 am |
  22. THINKKKKKKKKK

    Newt Gingrich isn't a true conservative, but simply an opportunist that will say anything to help support his ego and his wallet.

    January 22, 2012 10:08 am at 10:08 am |
  23. Bessy

    Where is 2008 and 2009 ? 2010 could be way different because he knew he was srunning for President in 2012. President Obama released his back to 2000.

    January 22, 2012 10:08 am at 10:08 am |
  24. BobR

    Now how about NEWT allowing the release of the 199X Congression Review that led to his departure from the House and a $300,000 fine. As you will remember, he stated that he would bring suit against Nancy Pelosi if she had any statements as to the details of the investigation. COME ON, NEWT – let it out, let it out! Then we can see your true colors.

    January 22, 2012 10:10 am at 10:10 am |
  25. vhalen

    Comparing MItt to Newt. Mitt more Successful, and more intelligent. Mitt is a very moral person. Mitt is much more handsome than Newt, yet I could trust Mitt in a dark room with my wife. I would not trust Newt in a dark room with my wife. If you can't trust Newt with your wife, why should you trust him with your country. I trust my wife, but judging from the rednecks of South Carolina, I am not sure I can trust trust them. Come on Florida, atone for the sins of SC. Lets not have a first Mistress as FLOTUS.

    January 22, 2012 10:18 am at 10:18 am |
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