Romney campaign touts his tax return transparency

JACK GILLUM KASIE HUNT Associated Press Published:

TAMPA, Fla. (AP) -- Advisers to Republican presidential candidate Mitt Romney say more than 500 pages of his 2010 and 2011 income tax returns show "full compliance" with U.S. tax laws.

Romney released two large sets of documents Tuesday on his campaign website. The 2010 federal return shows that he paid about $3 million on nearly $22 million in income. The 2011 return indicates he will pay $3.2 million on nearly $21 million income. Much of Romney's earnings came from investments made by his blind trust and associated with his long career as a private equity manager.

Benjamin Ginsberg, a legal adviser to the Romney campaign, said the documents showed the candidate's effort to be transparent. Romney had declined to disclose any tax information until he came under mounting criticism from his rivals.

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