Suspected child molester Harry Reid hardest hit.
Mitt Romney’s campaign, in its latest attempt to respond to calls to release more years of tax returns, announced Friday that the Republican candidate averaged a 20 percent effective tax rate for the previous 20 years and never paid less than 13.66 percent.
But the campaign is sticking by the candidate’s vow not to release more than his last two tax returns, which critics have made into a potent campaign issue.
Romney plans to release his final tax return for 2011 on Friday. That document will show the Romneys paid $1.9 million in taxes on nearly $14 million in income, mostly from investments, giving them an effective tax rate of 14.1 percent, the campaign said in a blog post.
The Romneys donated about $4 million to charity in 2011, or about 30 percent of their income, according to the campaign, which plans to release the documents at 3 p.m. ET. Romney previously released his 2010 tax return but no others.
The antique media is already putting a negative spin on it.
The release on Friday, traditionally a day when politicians release information they hope will not attract heavy news coverage, comes after a brutal week for Romney’s campaign.
A secretly recorded video was released earlier in the week showing Romney denigrating the 47 percent of Americans who would back Obama “no matter what” as government-dependent victims. That followed last week’s fumbled response to attacks on U.S. compounds in Libya and Egypt.
Romney never said a word about the terrorist attack in Libya, which the Obama administration has fumbled the past 10 days. Unreal.
In related news, distrust of the news media has reached an all-time high. Funny that.