GREER, S.C. — Trying to defuse Democratic criticism of his refusal
to release more tax returns, Mitt Romney said Thursday that he paid a federal
tax rate of at least 13% in each of the last 10 years, and his wife, Ann, said
there would be no further tax disclosures lest the couple become a bigger
target for critics.
President
Obama's reelection campaign has made the tax rates paid by his Republican
challenger a central part of his case against Romney's plan to revive the
economy. In his advertising, Obama has highlighted the 14% tax rate that Romney
paid on $20 million in income in 2010, saying his rival wants the middle class
to cover the cost of new tax cuts for millionaires.
Earlier this
year, Romney released his 2010 return and an estimate of his 2011 filing,
pledging to release the full document once it was completed. A campaign
spokeswoman said that he would make good on his promise, despite his wife's
remarks.
Though he
has declined to release the years of returns that other candidates have
offered, Romney told ABC News in an interview last month that he would be happy
to check whether he had ever paid a lower rate. But since then, his campaign
has refused to answer the question.
At a news
conference Thursday, Romney was asked again.
"I just
have to say, given the challenges that America faces — 23 million people out of
work, Iran about to become nuclear, one out of six Americans in poverty — the
fascination with taxes I paid I find to be very small-minded," he said.
He went on
to say that he went back and checked his tax rates.
"Over
the past 10 years, I never paid less than 13%," he said. "I think the
most recent year is 13.6 or something like that."
Romney campaign
spokeswoman Andrea Saul said the candidate was referring solely to federal
income taxes.
The Obama
campaign has seized on Romney's tax rate as an example of what it calls the
unfairness of the tax code. Because most of Romney's income derives from investments,
his tax rate falls well below that paid by many middle-class families. Obama,
who has released 12 years of tax returns, paid 20.5% last year on less income
than Romney reported.
Romney was
speaking to reporters outside a private air terminal just after his chartered
plane landed here for the last stop on a two-day fundraising swing across the
Deep South. He made a presentation on what he described as the harm that
elderly Americans are suffering as a result of $716 billion in cuts that Obama
has made in the projected growth of Medicare spending, marking up a white board
on an easel to illustrate his points.
"This
is going to be a big issue in places where there are a lot of seniors,"
Romney said.
The cuts,
which Romney's running mate, Rep. Paul D. Ryanof Wisconsin, included in a
federal budget plan that serves as the Republican Party's election-year agenda,
do not reduce the amount of anyone's healthcare coverage. The bulk of the
reductions come from cutting government reimbursement rates for hospitals,
nursing homes and other care providers.
Romney's
remarks on Medicare and taxes reflected his continuing diversion this week from
what was once his campaign's central focus: His attacks on Obama's economic
record.
Ann Romney
added fuel to the tax debate in an interview that aired Thursday on NBC's
"Rock Center with Brian Williams." It was taped on Romney's recent
visit to Wales, her ancestral home, during the Summer Olympics in London.
To Romney's
evident irritation, correspondent Natalie Morales asked why she and her husband
would not be more transparent by releasing more than their 2010 tax returns and
the estimate for 2011.
"Have
you seen how we're attacked?" Romney asked. "Have you seen what's
happened?"
"Are
you angry that it's been in the press?" Morales asked. "I mean,
should you not be questioned about your finances?"
"We
have been transparent to what's legally required of us," Romney said.
"But the more we release, the more we get attacked, the more we get
questions, the more we get pushed. We have done what's legally required, and
there's going to be no more tax releases given."
For its
part, the Obama campaign said the public should not take Romney at his word on
his tax rates prior to 2010.
"We
have a simple message for him: Prove it," Obama campaign spokeswoman Lis
Smith said. "Even though he's invested millions in foreign tax havens,
offshore shell corporations and a Swiss bank account, he's still asking the
American people to trust him."
Some
Democrats — most notably Senate Majority Leader Harry Reid of Nevada — have
claimed Romney paid far less in taxes, but they have yet to offer any
substantiation.
"Harry
Reid's charge is totally false," Romney said Thursday.
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