Romney tax return: Why release now?
September 21st, 2012
03:39 PM ET
2 years ago

Romney tax return: Why release now?

(CNN) – At first glance, Mitt Romney's decision to release his tax return on a Friday afternoon seemed to be a way to bury a story that has dogged the Republican presidential candidate for much of this year.

But was this a case of the "Friday news dump" that's become commonplace in the nation's capital?

Maybe, but maybe not.

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While it's true, a story released on a Friday afternoon or early evening tends to get less attention thanks to the approaching weekend, in this case the attention may be welcomed.

It's already been a rough week for the Romney campaign, thanks to those "47%" secretly recorded videos of Romney at a fundraiser when he cast supporters of President Barack Obama as dependent on government. The release of those clips on Monday has dominated coverage of the race for White House the entire week.

The Romney campaign's release of the long awaited 2011 tax returns may be an attempt to change the conversation.

Romney pays extra taxes to keep his word, and break it too

The campaign calendar may also be forcing Romney's hand. Releasing the tax returns next week would take away from what the Romney campaign hopes is a ramping up on the campaign trail, centered around a three-day swing through the battleground state of Ohio. And the next week the debates begin. Releasing tax returns just prior to or during the three presidential and one vice presidential debate would only accentuate the tax return story.

The Romney campaign says there was no strategy involved in the release. Romney spokesman Kevin Madden said the returns were released "because they were ready."

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Filed under: 2012 • Mitt Romney • Taxes
soundoff (134 Responses)
  1. reginaldb6

    Romney you still have nine more years to release!!!

    September 21, 2012 04:30 pm at 4:30 pm |
  2. daveinla

    So he releases his taxes...liberal media still complains...'Why now?"

    September 21, 2012 04:30 pm at 4:30 pm |
  3. ilsrwy15

    He can release returns for the past 50 years.....means nothing now and the a$$-clown knows he is going to get trounced Nov 6th.....already have the champagne chilling. To bad Republicans m()m -–middle finger emoticon!

    September 21, 2012 04:31 pm at 4:31 pm |
  4. Babyboomer

    This is what's called "To little, to late". Still only one year and we all know it was adjusted to look like he paid his fair share.

    The point is, he still gives less then a damn about 47% of the American public. You know the "Victims" (i.e., Elders, vets, the working poor, etc.) who have no interest is taking responsibility for their own lives.

    Thinking people are simply not buying what Romney is selling.

    September 21, 2012 04:32 pm at 4:32 pm |
  5. Al

    Well it is required by law, and he didn't want to wait 3 years to show any paperwork.

    September 21, 2012 04:34 pm at 4:34 pm |
  6. Maxx

    How about summarizing those offshore accounts and how you took the tax amnesty in 2009 Mitt?

    September 21, 2012 04:36 pm at 4:36 pm |
  7. The Left Wing

    Two years down, and ten more to go.

    September 21, 2012 04:38 pm at 4:38 pm |
  8. Anonymous

    Why not CNN? We know you are all about OBAMA and will do nothing but spread lies to the American people. What a diservice you do for the American People. SICK! I don't even watch your show anymore. Romney/Ryan and hopefully your ratings drop to an all time low and this show is off the air.

    September 21, 2012 04:39 pm at 4:39 pm |
  9. David

    A cryptic commeent on the last 20 years is hardly sufficient, obviously they are all gathered, what are you hiding?

    September 21, 2012 04:40 pm at 4:40 pm |
  10. Joan in MS

    daveinla said:

    "So he releases his taxes...liberal media still complains...'Why now?"
    _ _ _ _ _

    Dave, It should be dimwitinla. "Liberal media" is just what you call anyone but Faux News. Why not try the phrase lame street media. Sarah Palin has made a fortune with that ridiculous phrase ...

    The so-called Liberal Media should be asking for 2008 and 2009 returns. No one cares about 2011.

    September 21, 2012 04:40 pm at 4:40 pm |
  11. dallas123

    Of course to divert the talk from 47% to 14%....just playing politics ... but still out of touch with common American.

    September 21, 2012 04:41 pm at 4:41 pm |
  12. MBSeattle

    What a flip flopper. Just another change in direction from Romney. How did Bain make all that money with this wishy washy guy?

    September 21, 2012 04:41 pm at 4:41 pm |
  13. Rob- Texas

    He should ask Obama to release his college records and he will release more tax returns.
    It doesn't really matter. With the exception of FDR and Obama is no FDR. People that are out of work will get up early to vote him out.

    September 21, 2012 04:41 pm at 4:41 pm |
  14. Patrick

    Why now? To deflect attention from the other disasters the Romney "campaign" has unleashed . . . . .

    September 21, 2012 04:42 pm at 4:42 pm |
  15. Anonymous

    Wow all the CNN Obama socialists couldn't wait to jump on this. He paid more in a year than you will make in a lifetime because he is honest and smart, unlike obumma, the miserable lying most arrogant president that there ever was. his controversial ways will bring down this country until it's like Greece -you hand out idiots. i work my rear off to raise my 5 kids and pay taxes and nothing scares me more for them than the dictator known as Barry Obama.. They will never know how great this country WAS due to his redistribution hatred of anyone who is self made..ohh except for him and his french fry eating hippocrate wife.

    September 21, 2012 04:42 pm at 4:42 pm |
  16. Toby Hill

    Jay Jay, you're an idiot. The IRS gave him the summaries as they do for anyone that request their past tax returns. Is Jay your first or last name? I've never seen such dumb liberals in my life.

    September 21, 2012 04:43 pm at 4:43 pm |
  17. Marie MD

    Dump is the definitive word. He tweaked the taxes so as to pay 14% not the usual 9%. I still paid 28% in 2011 so making so much less I still paid more taxes. Buffett anyone?
    This is the guy who told the people of MA that he filed his taxes in MA instead of where he really filed them, Utah.
    After seven years of campaigning and fli flopping and going and forth on everything he ever stood for (whatever that means for somebody with no character) are we to believe him? I SURE DON'T. Stop it! Stop it! :) :)

    September 21, 2012 04:43 pm at 4:43 pm |
  18. lolo

    He really thinks that we are fools. Not only does he not want to give assistance to people who need it, but now he thinks that we believe his tax returns. A summary will not cut it. Now he pays 14% instead of 13.9%. Wow what a big friggin difference. You are still paying too little Romneyhood for a rich businessman. Where are the nine remaining years. You think that you are slick, but not slick enough. I wonder how much the CPA was paid to raise it 1/2 percentage point?

    September 21, 2012 04:43 pm at 4:43 pm |
  19. 333maxwell

    Well.... that's one way to change the narrative of the last few weeks.

    I like the ol 'drop late Friday afternoon and get out of Dodge for the weekend' trick. Nice.

    September 21, 2012 04:43 pm at 4:43 pm |
  20. Lahdee Dah

    Sad, pathetic, desperate....Romney is in free fall and will do anything to put the brakes on a campaign that has gone over the cliff.

    September 21, 2012 04:43 pm at 4:43 pm |
  21. Obama2012

    Mitten is trying to turn the page. You can go ahead and turn the page, but we haven't forgotten what we've read and won't forget on election day. I have a brother that is not only Mormon, but Republican and he will swing over to Obama this election. I'm hearing that the Mormon church is not behind Obama either, as they believe in helping all that's in need.

    September 21, 2012 04:44 pm at 4:44 pm |
  22. Bee

    Are the figures presented by Mitt in U.S. dollars or Kolob dollars? Thanks for playing Mitt-wit and enjoy your trip back to Kolob. See you again in 2016 when you need another job. Grab a slice of Papa John's before you go. (It's too expensive on Kolob because Kolob franchises are required to provide a reasonable wage to employees to purchase reasonable health insurance coverage...Not like here on Earth.)

    September 21, 2012 04:45 pm at 4:45 pm |
  23. lmao

    Mitt pays a huge chunk of money to charity and more in taxes than most of us will pay in our lifetimes, yet never satisfied. Cute little names "Robme", when the reality is the government is robbing America. Mitt didn't create this system, the clowns of previous administrations did, including policy changes passed during Clinton's time that resulted in the housing bubble in the first place.

    So, do we learn from mistakes or do we continue to let the government ruin our lives?

    September 21, 2012 04:45 pm at 4:45 pm |
  24. Toby Hill

    For all those claiming it's "too late", you have 6 months after filing an extension. That means "too late" is October 15th.

    September 21, 2012 04:46 pm at 4:46 pm |
  25. bob

    Buzz Feed has the scoop. Why did he pay more than he needed to? A campaign workers admitted that he did it because he has been saying that he paid over 14% during the campaign, but he was really coming in at 13%. So he PURPOSELY paid more to be able to not look like a liar. He told his accountant to hit a 14% mark. Unbelievable.

    September 21, 2012 04:47 pm at 4:47 pm |
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