US Elections 2012: Romney Announces Date for his 2011 Tax Release

Mitt Romney and its tax returns

Mitt Romney, the Republican U.S. presidential challenger plans to make public his 2011 tax return by October 15. According to a senior campaign advisor, President Barack Obama’s re-election team pressed its criticism of Romney’s decision not to disclose more about his personal taxes.

Romney is one of the riches men ever to run for president, but for several months he has come under pressure from the Obama campaign to release more of tax returns.

Romney’s taxes issue raised questions when in April, he requested an extension from the Internal Revenue Service to file his 2011 tax forms, while estimating his tax liability at $3,2 million for the last year.

Finally Ed Gillespie, a senior Romney adviser pointed out that the former Massachusetts governor would release the 2011 return by Oct. 15. Gillespie also added, “Americans will have ample information about Romney’s taxes with the disclosure of the 2010 return and the planned release of the 2011 return.” (AV)