Romney says he'll only release 2 tax returns
Members of MoveOn.org protest at Mitt Romney's campaign office in Arlington, Virginia, calling for the Republican Presidential hopefull to release more of his tax returns. (July 13, 2012) Credit: Getty Images
Likely Republican presidential nominee Mitt Romney says he'll only release to the public one more tax return — and not until his accountants complete it.
Romney tells CNN he's complied with the law by filing a financial disclosure statement.
Romney so far has released one complete tax filing, for 2010, along with an estimate for 2011. He filed for an extension for his 2011 tax return.
Democrats are accusing Romney of being secretive and taking advantage of tax loopholes that aren't available to average Americans. The former Massachusetts governor has also come under attack for accounts he has held in Switzerland, the Cayman Islands and Bermuda.
Romney's fortune is estimated at $250 million. The bulk of it comes from Bain Capital and the return on investments from the company.
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Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
