Saturday, April 14, 2012

Reuters: Politics: Obama calls on Romney to release tax returns: Univision

Reuters: Politics
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Obama calls on Romney to release tax returns: Univision
Apr 14th 2012, 16:38

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U.S. President Barack Obama speaks after touring the Port of Tampa in Florida, April 13, 2012. REUTERS/Kevin Lamarque

1 of 2. U.S. President Barack Obama speaks after touring the Port of Tampa in Florida, April 13, 2012.

Credit: Reuters/Kevin Lamarque

WASHINGTON | Sat Apr 14, 2012 12:38pm EDT

WASHINGTON (Reuters) - President Barack Obama called on likely Republican presidential nominee Mitt Romney to release more of his tax returns, in an interview with Univision released on Saturday.

Obama's campaign has been pushing Romney, a multi-millionaire former private equity executive, to release several years of his prior tax returns to shed light on how he amassed his wealth.

In an interview conducted on Friday and released on Saturday, an anchor for the Spanish-language network noted Obama had released his tax returns for 12 years and asked him if Romney should do the same.

"Absolutely," the president replied, according to a transcript.

"I think that it's important for any candidate in public office to be as transparent as possible, to let people know who we are, what we stand for, and you know, I think that this is just carrying on a tradition that has existed throughout the modern presidency."

Romney released his 2010 returns and estimates for 2011 in January but has been reluctant to release more.

On Friday the former Massachusetts governor requested an extension to file his 2011 tax forms while estimating his tax liability at $3.2 million for last year.

The White House released Obama's tax forms on Friday, showing that the president and his wife Obama released tax forms indicating that he and his wife, Michelle, paid an effective tax rate last year of 20.5 percent on income of $789,674.

(Reporting By Jeff Mason; Editing by Eric Walsh)

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Comments (1)

How about Obama reports how much the court costs and legal fees for his drunk DUI toting uncle and welfare soaking aunt, both parked here from Kenya, are?

Apr 14, 2012 12:43pm EDT  --  Report as abuse

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