January 26th, 2012
06:05 PM ET
2 years ago

Romney campaign will amend disclosure forms

(CNN) - Mitt Romney's campaign said Thursday it would amend a financial disclosure form filed when he officially declared his candidacy in 2011 because some details didn't match the candidate's newly-released income tax returns.

Romney's campaign spokeswoman Andrea Saul said the changes were "of a minor technical nature," and that the overall picture of the disclosure report would not change.

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"The inescapable fact is that by releasing over 600 pages of information regarding his finances, Mitt Romney is clearly coming down on the side of disclosure," Saul said. "Any document with this level of complexity and detail is bound to have a few trivial inadvertent issues."

Reports Thursday pinned one discrepancy on a Swiss bank account held by Mitt and Ann Romney that was recorded in the tax returns, but was missing from the initial disclosure filing.

The Swiss account omitted from the initial report is part of Ann Romney's blind trust, according to the Los Angeles Times. The newspaper reported the couple held $3 million in the account until 2010, when it was closed. The Romney campaign is amending the disclosure report to reflect $1,700 worth on interest earned from the account in 2010, according to the L.A. Times.

The newspaper said there were a total of 23 funds or partnerships that appeared in the tax returns but weren't listed on the disclosure forms.

Candidates for president are required by law to disclose personal finance information to the Federal Election Commission, but aren't required to release their personal income tax returns. However, many past presidential candidates have released their tax forms.

Romney's campaign released the former Massachusetts governor's tax returns Tuesday after pressure from fellow candidates. The forms showed the candidate making $42.7 million over the past two years, and paying $6.2 million in taxes.

While the Romney campaign called the changes "minor" and "technical," the Democratic National Committee chair suggested something more sinister.

"Well, good for him. I would never have assumed it was okay to leave a Swiss bank account off my disclosure," Debbie Wasserman Schultz said on CNN's "The Situation Room," then asked, "What is he trying to hide?"

Also see:

Obama shares intense encounter with Arizona governor

Gingrich shoots for the moon

Bachmann will run for reelection


Filed under: 2012 • Mitt Romney • Taxes
soundoff (39 Responses)
  1. Anonymous

    Mitt R-money has always been a liar and this is just more proof. Yet Jariv and Liar is Nothing but a Liar claim Mitt R-money has "integrity" and "honor."

    January 26, 2012 06:11 pm at 6:11 pm |
  2. GOP = Greed Over People

    "of a minor technical nature,"

    Perhaps mittens failed to mention his income tax evasion by keeping funds in the Caymens?

    January 26, 2012 06:12 pm at 6:12 pm |
  3. SCFan

    NEWT is the liar. Lied to 2 women and the country he promised to serve. Romeny had hundreds of pages of taxes to fiel. Of course there are errors. At least its not like Newt who says...The 1.6 Million dollars I got from Freddie Mac was historian fees. Give me a break. Talk about a liar!

    January 26, 2012 06:20 pm at 6:20 pm |
  4. CanadaONE

    he is far from being the average American

    a good example that the USA is not a democracy – it is controlled by money

    oh yah!!!

    "the land of the free and the home of the brave"

    should read

    "the land for the rich and the home of the slave"

    love

    Canada

    January 26, 2012 06:20 pm at 6:20 pm |
  5. Ragatang

    If the old form and information was accurate , why try to amend it.
    It sound fishy to me.

    January 26, 2012 06:21 pm at 6:21 pm |
  6. Anonymous

    Yeah, failing to disclose 23 partnerships is just a "minor technical matter".

    January 26, 2012 06:21 pm at 6:21 pm |
  7. Jariv's Intern

    But Mitt has integrity and honor!

    January 26, 2012 06:22 pm at 6:22 pm |
  8. Wire Palladin, S. F.

    With Mittens' accounts in the Caymans and in Swiss Bank Accounts – It makes one wonder if Romney is tied to the mob.

    January 26, 2012 06:23 pm at 6:23 pm |
  9. Roger1946

    Makes one wonder what else Mitt's has to hide? Why won't he release those other years tax returns?

    January 26, 2012 06:24 pm at 6:24 pm |
  10. Wire Palladin, S. F.

    Our republican governor in Florida has done a number of criminal things, but Mittens makes him look like a boy scout.

    January 26, 2012 06:31 pm at 6:31 pm |
  11. Anonymous

    "NEWT is the liar."

    They're BOTH liars. It's one of the job requirements.

    January 26, 2012 06:31 pm at 6:31 pm |
  12. vic , nashville ,tn

    The fact even Mitt Romney doesn’t know how much his wealth worth it

    Give him a break its too much money too many bank accounts hard to keep all the records

    January 26, 2012 06:39 pm at 6:39 pm |
  13. Indy

    But Mitt has integrity and honor!

    Sorry Jarivs Intern but you would be better off doing your internship with Kramerica Industries, at least Kramer had honour and intergrity, George Costanza not so much but Kramer for sure

    January 26, 2012 06:45 pm at 6:45 pm |
  14. Data Driven

    So were the other 22 "funds or partnerships" also all offshore?

    Go ahead and elect this guy, America. You'll get exactly what you deserve.

    Enjoy your cake.

    January 26, 2012 06:47 pm at 6:47 pm |
  15. The GOP opens mouth and inserts foot

    Is he going to disclose his birth certificate?

    Mittens still hasn't proven he's eligible to run for president.

    January 26, 2012 06:49 pm at 6:49 pm |
  16. June

    sure they'll amend them after they redact and clean them up.

    January 26, 2012 06:51 pm at 6:51 pm |
  17. jamison

    Great. More flip flopping. He should be the nominee.

    January 26, 2012 06:53 pm at 6:53 pm |
  18. Dennis

    I am beginning to believe there is not a Honest Politician in Goverment today... Romney need to Resign Period... Imagine forget to disclose you have millions of dollare off shore... I can tell you I only have a few thousand dollars and I know where every cent of it is... We are being scammed .. His holding are in swiss accounts ... Why not America.? Not good enough to put your money here but you want to run this country what a mockery these people are making of us the electorate... he has holding in Ireland, Bahamas, Cayman Islands.. how the heck would you not disclose this... I say he should be investigated like any other citizen.. and if any wrong doing... no immunity for him either...A plain Mockery of Goverment..

    January 26, 2012 06:55 pm at 6:55 pm |
  19. CanadaONE

    we have his tax forms in Canada

    we will send them to you -YOU WON"T BELIEVE YOUR EYES !!!!!

    love

    Canada

    January 26, 2012 06:56 pm at 6:56 pm |
  20. SCFan

    Stop with all the swiss and cayman accounts. The Cayman island was not an account it was a fund that was fully taxed under the law.

    January 26, 2012 06:57 pm at 6:57 pm |
  21. TJeff1776

    The faultfinders forever utter "Romney has always been a liar"....blah blah blah blah......BUT never stipulated just what that lie IS. Funny thing, Gingrich lies can be itemized one behind the other. BUT where is Romney lies other than saying they exist ?????

    January 26, 2012 07:03 pm at 7:03 pm |
  22. Myth Romney is soo Plastic and FAKE he makes Callista Gingrinch looks REAL

    Myth MorNEY can't calculate how much he has in foreign accounts, yet you want to trust him with running the economy of the largest nation in the world!!!

    financial disclosure problems, account inaccuracies, offshore accounts, tax loopholes, lowest tax rate, tweaking and redacting financial records....and this is the IDIOT you want to run the United States?

    January 26, 2012 07:09 pm at 7:09 pm |
  23. GI Joe

    Those pesky little Swiss Bank Accounts. For shame.

    January 26, 2012 07:25 pm at 7:25 pm |
  24. Jay

    Most of his millions are hidden in swiss bank accounts and the Cayman Islands, tax free.

    January 26, 2012 07:30 pm at 7:30 pm |
  25. Sanity

    In 2004 the Kerry's effective income tax was 13%, while their net worth was far higher then than the Romney's is now. But, the Kerry's are Democrats, so no issue to the MSM and the wacky left, right?

    January 26, 2012 07:31 pm at 7:31 pm |
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