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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