Winnipeg Free Press - PRINT EDITION

Romney rejects Obama offer on release of more tax returns

  • Print

WASHINGTON -- President Barack Obama's campaign sought to intensify pressure on Mitt Romney to show how much he pays in taxes, offering the Republican challenger a deal Friday: If he releases five years of tax returns, Obama's team won't criticize him for not releasing any more.

The Romney team swiftly rejected the offer.

The Obama campaign has made Romney's taxes a focus of its attack strategy as economic issues -- and the growing gap in the U.S. between the rich and poor -- dominate a tight race toward the November election.

Releasing several years of tax returns has become a standard in recent presidential elections, but Romney, a multimillionaire former CEO, has said his critics would distort the tax information and use it against him.

"It is clear that President Obama wants nothing more than to talk about Gov. Romney's tax returns instead of the issues that matter to voters," said Romney campaign manager Matt Rhoades.

Obama's campaign has questioned whether there are years when Romney paid no taxes.

Romney said Thursday he has paid at least 13 per cent of his income in federal taxes every year for the past decade.

On average, middle-income families, those making from $50,000 to $75,000 a year, pay 12.8 per cent of their income in federal taxes, according to the nonpartisan Joint Committee on Taxation.

In 2010 and 2011, Romney made about $21 million a year.

-- The Associated Press

Republished from the Winnipeg Free Press print edition August 18, 2012 A23

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Key of Bart - Take It Easy

View more like this

Photo Store Gallery

  • Marc Gallant / Winnipeg Free Press. Local- WINTER FILE. Snowboarder at Stony Mountain Ski Hill. November 14, 2006.
  • A water lily in full bloom is reflected in the pond at the Leo Mol Sculpture Garden Tuesday afternoon. Standup photo. Sept 11,  2012 (Ruth Bonneville/Winnipeg Free Press)

View More Gallery Photos

Poll

Will higher pork prices change your grocery-shopping habits?

View Results

View Related Story

Ads by Google