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Wednesday, January 25, 2012

Will tax returns help Mitt? - The Arena | POLITICO.COM

Will tax returns help Mitt? - The Arena | POLITICO.COM: Erika Lovley Moderator :

Republican presidential candidate Mitt Romney is expected to release his tax returns today. According to media reports, Romney paid a 14 percent effective income tax rate in 2010 after making $3 million in tax-deductible charitable donations and drawing most of his income from investments. He reported $21.7 million in income and paid $3 million in taxes. He also reported financial accounts in Switzerland, Bermuda and the Cayman Islands.

Will this information release help boost Romney in time for the Florida primary? Or will it further alienate him from voters who view him as a wealthy, out-of-touch candidate?

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