New York (CNNMoney) - The first debate between President Obama and Mitt Romney was a fire hose of fiscal issues that nonetheless left many questions unresolved.
Romney did try to answer one unequivocally: He said he will not cut taxes for the rich.FULL STORY
(CNN) – Mitt Romney detailed with fresh specificity this week how he would pay for large tax cuts he's proposed for all Americans, though his campaign says the suggestions were merely options and not a firm look into what policies he would seek to enact as president.
In the interview with CNN affiliate KDVR on Monday, Romney began by offering the broad strokes of his tax plan that he's been touting for months: lowering rates for all Americans and limiting deductions for higher income tax payers.
Tune to CNN for Wednesday's presidential debate coverage starting at 7 p.m. ET on CNN TV, CNN.com and via CNN's apps for iPhone, iPad and Android. Web users can become video editors with a new clip-and-share feature that allows them to share favorite debate moments on Facebook and Twitter.
(CNN) - Mitt Romney's Friday release of some tax documents came after months of pressure on the Republican candidate to make public more of his financial picture.
Republicans urging further release hoped additional documents would put the issue of what Romney paid to rest. Democrats speculated that hidden within the unreleased years were politically embarrassing secrets, with Senate Democratic leader Harry Reid claiming he had been told that Romney had not paid taxes over the course of a decade.
(CNN) – Sen. Harry Reid said nothing of his earlier claims that Mitt Romney had not paid taxes over a ten-year span in a Friday statement joining Democrats in responding to Romney's release of tax-related documents on Friday.
The Nevada Democrat and Senate majority leader called Romney's accounting "galling" and said the documentation "reveals that Mitt Romney manipulated one of the only two years of tax returns he's seen fit to show the American people – and then only to 'conform' with his public statements."
(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.
New York (CNNMoney) – Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1%, his campaign said Friday.
His effective tax rate was up slightly from the 13.9% rate he paid in 2010.FULL STORY
(CNN) - CNN's Christine Romans fact-checks Mitt Romney's comments about the 47% of Americans who don't pay federal income taxes.
New York (CNNMoney) – Mitt Romney's videotaped remarks made public this week point to at least one true fact: Nearly half of American taxpayers do indeed end up paying no federal income tax.
In footage taped with a hidden camera at a Romney fundraiser in May, the Republican presidential candidate describes the "47% of the people who will vote [for President Obama] no matter what." He says they are "dependent on government" and "believe they are victims." They "pay no income tax," he says.FULL STORY
(CNN) – The independent Karl Rove-backed conservative group Crossroads GPS pushed back on Democrats' claim that Republican presidential nominee Mitt Romney would raise taxes on the middle class launching ads in six battleground states Friday to counter the president's campaign ads in swing states.
The conservative group said its $5.3 million ad buy responds to the Obama campaign's criticism that Romney's tax plan hurts middle and low-income Americans. The Crossroads spot will begin airing on broadcast TV stations and cable networks Friday for one week in the swing states of Colorado, Iowa, New Hampshire, Nevada, Ohio and Virginia.