Political Hotsheet
By

Lucy Madison /

CBS News/ January 19, 2012, 9:48 PM

Romney: I'll release my tax returns in April

Charleston, S.C. -- After persistent calls for Mitt Romney to release his tax returns, the candidate said Thursday he would do so "when my taxes are complete for this year and I know if I'm the nominee."

Romney, speaking in a CNN-sponsored debate, said he was anticipating such requests from Democrats anyway.

"I know that's whats gonna come," Romney said. "I know that's what's going to come. Every time the Democrats are out there trying their very best to -- to try and attack people because they've been successful. And I have been successful."

When pressed on why he would not release his 2011 returns immediately, as rival Newt Gingrich has urged, Romney said he wanted to minimize the news coverage of the story.

"I want to make sure that I beat President Obama, and every time we release things drip by drip the Democrats go out with another array of attacks as have been done in the past," he said. "If I'm the nominee, I'll put these out at one time so we have one discussion of all this."

Gingrich released his tax returns just as the debate was starting.

Romney said he "obviously" pays his full taxes and is "honest in my dealings with people."

"I understand that my taxes are carefully managed and I pay a lot of taxes," he said. "I've been very successful and when I have our taxes ready for this year I'll release them."

When asked if he was satisfied with that response, Gingrich said he thought it was important for voters to see "if theres anything in there that is going to help us lose the election" before a candidate had been nominated, but conceded that ultimately, "it's his decision."

"Look, he's got to decide and the people of South Carolina have to decide," Gingrich said. "But if there's anything in there that is going to help us lose the election, we should know it before the nomination. And if there's nothing in there, why not release it?"

"I mean, it's a very simple model, but he's got to decide," he continued. "It's his decision and everybody's got to run their own campaign based on what they think is a reasonable risk."

© 2012 CBS Interactive Inc. All Rights Reserved.
47 Comments Add a Comment
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noloyalisti says:
Robmee is the poster boy of American capitalism gone wrong. He is a vulture who is gaming the system right along with the criminal Wall Street Banksters.

You could not pick a better evil doer villian to demonstrate against the Occupy and 99% Movement.
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askagain says:
abbe91 January 20, 2012 8:35 AM EST
He did release his birth certificate. Not even well tried

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Obama did not release his birth certificate when it mattered. He waited a couple of years after the election. Perhaps Romney should wait a couple of years after the election, too. Nice try. A day late and a dollar poor describes your comment.
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nancy_naive replies:
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I haven't seen Mitt's birth certificate. I have seen Obama's and his taxes for 2000-2006 were released early 2008, with 2007 coming in March.

So, if Mitt will release his taxes, then he, too, can wait a year to release his birth certificate...
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lovethiscountry says:
I assume everyone understands many of these 1%'s have already paid tax on their actual wages at the time they were earning it, which would have been whatever the tax rate was at that time. Romney along with many others are living now off their Capital Gain's which is taxed at 15%. This is not dishonest on their part . . . this is the tax laws today. The 15% is to encourage investments and to promote growth, which if you are a Socialist you obviously could care little about.
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Forty-Four says:
Why? It is no one else's f**king business about his tax returns
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dzaffina replies:
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really? as long as hes a G reedy O ne P ercent thats good enough for the republicans. doesn't matter if hes hiding money, not paying his fair share of taxes, lieing or or making his money off the backs of working americans as long as hes GOP. another sheep led by the fox.
askagain replies:
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It is up to the IRS to determine whether someone is paying their fair share of taxes, not snoopy Americans. If Romney were cheating on his taxes, he is subject to the same laws as the rest of us. Tax returns include information about investment and spending habits. This is considered personal information and may not be information a person wants to share with the world.
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tsigili says:
Romney still skirts all of the financial questions regarding his background, his Cayman accounts, and his taxes.
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Tired_of_liars says:
by skyk801 January 20, 2012 9:26 AM EST
Moderate45, I'd say there is SOMETHING in them that this Slime Creature wants to hid.. be it off shore accounts, which he admitted, or something else.
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Poor skyk, he is got a problem with lying his butt off. So much for being honest and having honor
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dzaffina replies:
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CHARLESTON, S.C. — Under duress two days before the pivotal South Carolina primary, Republican front-runner Mitt Romney acknowledged he has invested part of his millions in the Cayman Islands.
dzaffina replies:
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Republican presidential front-runner Mitt Romney, who has already come under fire for his years as a CEO of an investment firm and paying taxes at a lower rate than many Americans, has reportedly stashed millions of dollars in offshore accounts.

Romney, whose net worth is estimated at around $250 million, has as much as $8 million invested in at least 12 accounts in the Cayman Islands, which is infamous as a tax haven, ABC News said yesterday.

The former head of Bain Capital also has another investment on the Caribbean island worth between $5 million and $25 million, the network said.
.....whos the "liars"....


Read more: http://www.nypost.com/p/news/national/romney_offshore_tash_dw9ijYyvUHoyzgzN1dxLSJ#ixzz1k0vlZ100
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AOCGUY says:
Maybe I am missing something here but how many people have even started preparing their 2011 income tax returns? Heck I haven't even received my W2 from my employer nor my property tax statement yet.

I think all this hoopla is more about people not wanting a rich man to run for POTUS - but in reality every one running is rich, it's only a matter of degree.
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nancy_naive replies:
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I have. In fact, mine are done and I'm just waiting for the 1099-DIV, et al, from my bankers, brokers, and W2 from my employer.
dzaffina replies:
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we don't need 2011, how about his tax returns for the last 20 years? every one running is rich, its just that robney is the richest ever to run.
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skyk801 says:
LMAO In other words, IF it's to late to stop him and IF he's accountants have the time to clean up the thing! LMAO This creature is a disgusting little Parasite who has made Millions Blackmailing Working People out of EVERYTHING they'd worked their lives for and NOW he wants to pretend it never happened. He makes my skin crawl!
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Tired_of_liars replies:
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Skyk, you are the scum of the earth. Do yourself a favor and shut your pathetic mouth.
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grumpas says:
That's all right I wasn't planning on voting for him anyway!!!! The more I see Romney the more he comes off as being a 'Vulture Captialist'!!!! His arrogant superior attitude isn't helping his image any. He is going to be someone people love to hate!!!
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esq777 says:
Willard's game plan is pretty transparent. He wants to hold off on releasing them until after he has the nomination because he knows there are some real ugly stuff in them, like all of the off-shore tax havens where he took the loot from the companies he destroyed.
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Moderate45 replies:
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I am not tax expert but do not expect that a tax return would show the existence of offshore accounts....
skyk801 replies:
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Moderate45, I'd say there is SOMETHING in them that this Slime Creature wants to hid.. be it off shore accounts, which he admitted, or something else.
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