After much criticism and speculation, Mitt Romney finally released his elusive tax records to the American public. On Friday, Romney gave the public a look at his finished tax forms for the year 2011, as aides began stating that Romney earned almost $13.7 million last year and estimated that the GOP nominee paid more than $1.9 million in taxes — an effective tax rate of 14.1 percent. While it is finally nice to have proof of the would-be president’s tax records, there is a slight problem. The amount is about $1 million less than the expected $3 million that the Romney campaign said earlier.
Also, since he would have been able to get his tax rate down to 13 percent, his actual tax records contradict a statement he made to ABC News.
“I don’t pay more than are legally due and frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires.”