Romney Releases Tax RecordsSubmitted by emalvini on Sat, 09/22/2012 - 02:22
Romneys to Release Taxes
1:48 PM, SEP 21, 2012
BY DANIEL HALPER
The Romney campaign is releasing Mitt and Ann Romney's 2011 tax return today. The campaign previews a few of the highlights here:
In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.
The Romneys’ effective tax rate for 2011 was 14.1%.
The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.
The Romneys claimed a deduction for $2.25 million of those charitable contributions.