Mitt Romney's Tax Return

Mitt Romney disclosed income of $21.7 million in 2010 and $20.9 million last year mostly all of it profits, dividends or interest from investments. None from wages, the primary source of income for most Americans. Instead, Romney and his wife, Ann, collected millions in capital gains from a profusion of investments, as well as stock dividends and interest payments. The couple gave away $7 million in charitable contributions over the past two years, including at least $4.1 million to the Church of Jesus Christ of Latter-day Saints. For 2011, Romney estimates that he will pay about $3.2 million, for an effective rate of 15.4 percent. “You’ll see my income, how much taxes I’ve paid, how much I’ve paid to charity,” Romney said at a debate Monday night in Tampa. “I pay all the taxes that are legally required and not a dollar more. I don’t think you want someone as the candidate for president who pays more taxes than he owes.” The Romney campaign planned to publicly release the tax documents Tuesday morning but gave a preview late Monday night to The Washington Post.