Ann Romney says 'given all you people need to know' on taxes
July 19th, 2012
10:41 AM ET
2 years ago

Ann Romney says 'given all you people need to know' on taxes

(CNN) – Ann Romney stood firmly by her husband's commitment to release only two years of tax returns in an interview airing Thursday, saying the information already disclosed was plenty of transparency for the presumptive GOP nominee.

"There are so many things that will be open again for more attack, and you just give more material for more attack, and that's the answer. We've given all you people need to know and understand about our financial situation and about how we live our life," Mrs. Romney said on ABC.

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"The election, again, will not be decided on that," she continued.

Romney has released his tax return from 2010, and an estimate for his 2011 information. He filed for an extension on submitting his taxes in April, and has vowed to release the full return when his accountant finalized the documents.

Democrats, and some Republicans, have urged Romney to disclose more of his tax information. Democrats say additional returns will clear up questions about offshore accounts and his rate of income tax, while Republicans say it would be politically advantageous to disclose more information.

In the interview airing Thursday, Ann Romney said the information already released showed Romney was a financially generous - and responsible - man.

"You know, you should really look at where Mitt has led his life, and where he's been financially," Mrs. Romney said. "He's a very generous person. We give 10% of our income to our church every year. Do you think that is the kind of person who is trying to hide things, or do things? No. He is so good about it."

The 2011 tax estimate released in January showed the Romneys gave $2.6 million to their church last year, more than 12% of the roughly $21 million they earned. The Romneys also gave $1.4 million last year in cash and stock to their family foundation, which heavily supports the Church of Jesus Christ of Latter-day Saints.

In 2010, the other year for which the Romneys released a federal tax return, they gave $1.5 million to the LDS church, 7% of their earnings, plus $900,000 to their family foundation, called the Tyler Foundation.

The Tyler Foundation gave $145,000 to the LDS church in 2010, so the Romneys' church donations average out to 10% over the last two years.

CNN's Dan Gilgoff contributed to this report.

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Filed under: 2012 • Ann Romney • Taxes
soundoff (168 Responses)
  1. JimB

    The wife is speaking for Romney? It's strange. It's sad that recent polls show the public is mindless and doesn't realize how he managed his finances is how he will manage our economy. However, the pressure needs to continue to mount. What is he hiding. It needs to be connected to what this means for jobs and the economy. Ultimately this will hurt Romney.

    Also, Obama needs ads that show his successes more dramatically.

    July 19, 2012 12:03 pm at 12:03 pm |
  2. scarf

    Give me $20 million/yr, and I'll give 50% of it to charity.

    July 19, 2012 12:04 pm at 12:04 pm |
  3. DJ

    It is obvious that when she said "you people" she was directing it at the media. I can understand why they decided to stand their ground, with people already trying to make an issue of her wording, why should they give anymore that will only distract distract from the more important issues.

    July 19, 2012 12:04 pm at 12:04 pm |
  4. Mt man

    You people! Lol!

    July 19, 2012 12:04 pm at 12:04 pm |
  5. Romneycares Less

    What an insult this woman and her husband are! Go back to La Jolla and finish the elevator for the cadilacs. Romney will NOT work for the middle class! He'll only lift a golden finger for the wealthy. Giving money to his church is nothing. Mormons HAVE YO TITHE in order to get to heaven,which is in the Mormon Bible being as their own planet. WAKE UP PEOPLE Who Think Romney is your man!

    July 19, 2012 12:04 pm at 12:04 pm |
  6. Aerian

    You tell them like it is, Ann! And for all you decrying the term "You People", she is ABSOLUTELY RIGHT! You people just don't want to face the reality of what your candidate wants to do to our country. Let me ask you this, if you don't want a president who has demonstrated success in life what do you want, a poor, government-dependent person who never achieved anything in life except by the support of people you'd never allow in your home? You worry so about Romney's tax returns, while never wondering why Obama hides so many documents from public view. This is so ridiculous. I'm not a right-winger...OK? I'm just a person who doesn't support adolescent wealth envy.

    July 19, 2012 12:05 pm at 12:05 pm |
  7. Vic of New York

    ""There are so many things that will be open again for more attack, and you just give more material for more attack, and that's the answer. We've given all you people need to know and understand about our financial situation and about how we live our life," Mrs. Romney said on ABC."

    Now, THERE'S arrogance for you.... Lady, you and your husband are not doing America any favors by running for office. You want to lead the country, yet you also want to talk down to Americans like the French Marie Antoinette? "Let them eat cake!", she said, before the peasants stormed the palace and began the French Revolution.

    Perhaps your husband, Mitt, spent too much time in France while he was dodging the Vietnam draft. I say this because every word out of his mouth and apparently every word out of yours seems to be tailored to offend common people. That's right – the very people who make up America.

    Perhaps you should go back to Southampton for another fund raiser with the Koche brothers. God only knows there were enough "I'm a VIP" guests there to warm your cockles!

    July 19, 2012 12:05 pm at 12:05 pm |
  8. Steve

    Now "you people" just move along Mrs ANNtoinette has spoken now go eat some cake

    July 19, 2012 12:05 pm at 12:05 pm |
  9. Wire Palladin, S. F.

    Even an uneducated Romney supporter should want to know if Mittens paid no taxes any year during the past 12 years. As a proud member of 'you people,' I think Mittens is rubbing our noses in his wealth and he does not want us to know he is betting against the United States.

    July 19, 2012 12:06 pm at 12:06 pm |
  10. lolo

    She ain't telling because she does not want to lose her elitist status. Such hypocrits. The two of them look like con artists. The pot calling the kettle black. Both of them are as phony as a 3 dollar bill. Go play with your horses Ann. Their poor children and grandchildren will be eaten alive when they get out into the real world and find out that money does not buy everything but the electon for the Bishop. What a way to win. This is the first time a wife has put their two cents worth into the campaign battle. Ken and Barbie have no personality at all. She can't wait to get all the power of being first lady, but she will have to wait a little longer. Also people notice that no one has bumper stickers on their cars telling who they are voting for this year again. It will be a landslide. Go President Obama!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    July 19, 2012 12:06 pm at 12:06 pm |
  11. indie52

    If America hires someone knowing their hiding something that could put them in jail, than America will get a what it deserves. 8 more years of Bush Repuplican destruction.

    July 19, 2012 12:06 pm at 12:06 pm |
  12. DDanny1

    Interesting. We are not "THE people", we are "YOU people". To quote Robert Downy Jr. in Tropic Thunder, "What do you mean by "you people".

    July 19, 2012 12:07 pm at 12:07 pm |
  13. Wire Palladin, S. F.

    As a comparison, Mittens' grandfather gave up his US citizenship to redefine marriage as 1 man 5 women in Mexico. Obama's grandfather served with Patton. 'You people' should know that.

    July 19, 2012 12:07 pm at 12:07 pm |
  14. Brian

    Yes, thank you Ann

    Can we all go "eat cake" now?

    July 19, 2012 12:08 pm at 12:08 pm |
  15. Pat

    All you people – we are the people and the more I learn the more I am confident in my choice to vote for Barack Obama. Mitt wants 8 years to end the deficit, but cannot understand how Obama cannot turn around in 3 years. Give me a!!!!!!!!!!!!! break. I honestly cannot understand how Romney graduated from college. He has no sense of the real world and is only concerned with money. I really wish the GOP had someone like a John McCain to give some competition, but there is no way I could vote for Romney. Obama gets 4 more years to work on what he has started and we have seen improvements and everyone knew this would be slow. Recovering from Bush is not easy and we do not need 4 more years of that.

    July 19, 2012 12:10 pm at 12:10 pm |
  16. NSam

    So they have become defensive. Scared that releasing tax returns will open a can of worms. If he lived his life honestly as his wife says, Mitt should not worry about attacks, he should release it and the American people will see the truth. If he has nothing secretive going on, American people will reject attacks. They are scared because they know those tax returns have things that they do not want American people to know. That they will expose the mechanisms he earned money. People will not attack his success as long as that success came without exploiting hard working Americans, evading taxes by using every imaginable loophole. He is running for the President. People need to know who he is. If he is running for a CEO of a company, we do not need any of these things. He better not mix up responsibilities and obligations of a CEO and the US President.

    July 19, 2012 12:10 pm at 12:10 pm |
  17. Wire Palladin, S. F.

    Mittens cannot get elected if 'you people' find out how he bilked the United States. Mittens' financial success came as a result of being bailed out by our government on his questionable business ventures and also in the Olympics.

    July 19, 2012 12:10 pm at 12:10 pm |
  18. Wire Palladin, S. F.

    Are 'you people really going to support a plutocrat?

    July 19, 2012 12:11 pm at 12:11 pm |
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