Romney releases his '11 federal tax return
Date: 21/09/2012      Time: 09:58:00 PM
 
After public pressure and criticism from the Democratic Party, Republican presidential candidate Mitt Romney released on Friday his full 2011 federal tax returns, fulfilling a commitment he made earlier this year. Brad Walt, the trustee of the Romney's blind trust, said that the Republican candidate paid USD 1,935,708 in 2011 taxes on USD 13,696,591 in income, paying an effective tax rate of 14.1 percent, below the average rate of 15 percent for American taxpayers. Walt also mentioned that Romney paid between 1990 and 2009 an average federal tax of 20.2 percent. Romney gave in 2011 USD 4,020,772 in charitable donations and claimed a USD 2.35 million deduction for them.