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   Mitt Romney releases tax return for 2011, showing he paid 14.1 percent tax rate

NEWS INFORMATION

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Parent

News Date

9/21/2012 3:00 pm

Author

Philip Rucker and Jia-Lynn Yang

Media

Washington Post

Category

News

Database Record

Entered 9/21/2012, Updated 9/21/2012

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Republican presidential nominee Mitt Romney earned $13.69 million in 2011, mostly income from his investments, and paid $1.9 million in taxes for an effective tax rate of 14.1 percent, his campaign announced Friday. Romney released his 2011 tax returns at 3 p.m. Friday, as well as a summary of his effective tax rates dating back to 1990. The disclosure comes after months of political pressure on Romney to reveal more information about his large personal fortune. Romney and his wife, Ann, donated $4.02 million to charity in 2011, nearly 30 percent of their income, helping to reduce their tax obligation, the campaign said.


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