NEWS FLASH

Perry Calls On Romney To Release His Tax Return | Gov. Rick Perry (R-TX), after releasing his plan for a flat tax today, called on former Gov. Mitt Romney (R-MA) to release his tax returns, with Perry’s campaign saying, “Governor Perry has always released his tax returns and Mitt Romney and the other candidates should do the same.” Romney, despite calling on his opponents to release their returns during previous campaigns, has never released his own full tax returns, perhaps because they’re going to show an extremely low tax rate. A analysis of Romney’s income by Citizens for Tax Justice showed that he could be paying as low as a 14 percent effective tax rate. Perry’s returns, meanwhile, showed that “he and his wife paid $51,000 in federal taxes on $217,447 in adjusted gross income in 2010.”