Fox News
Expand
Browse All Video
Watch Live

You're watching...

Controversy Over Romney's Tax Returns

Details

  • Description

    Romney responds

  • Duration 2:43
  • Date

Clips

Also in this playlist...

Mobile Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Martha they settle on five years because the Obama campaign says that spans all the years that Mitt Romney has been a candidate.

For president and they say those five years would help answer questions about the effective tax rate.

Mitt Romney has paid during that time any foreign accounts he maintained any foreign investments that he made and any types of tax shelters he may have used -- and -- Campaign manager to campaign manager letter sent from Jim Messina in Chicago.

To Matt Rhodes and Boston Messina writes.

If the governor will release five years of returns I commit and turn.

That we will not criticize him for not releasing more -- and adds nor any other public communications or commentary.

For the rest of the campaign and Martha there's no commitment in there.

Not to criticize what's in the tax returns -- just a promise not to criticize Mitt Romney are not releasing more years of tax returns yeah.

Says that aired this so is the Ronnie campaign -- take the Obama campaign.

Up on this offer what's the response -- them so far on all of this this morning Peter.

Martha just about ten minutes ago we got a copy of the letter that Matt Rhodes with the Romney campaign fired back to Jim Messina in Chicago and the first line.

Says it is clear that President Obama wants nothing more than to talk about governor Romney's tax returns instead of the issues that matter to voters like putting Americans back to work.

Fixing the economy and reining in spending so there's nothing in there about taking them up on the offer but remember yesterday.

In South Carolina Mitt Romney actually gave a little bit -- of his tax returns which is actually twice as many as the Obama campaign is asking for.

I could go back and look at my taxes and over the past ten years I never paid less than 13%.

They the most recent years thirteen point six or supplant like that so they pay taxes every single year.

And and Romney said in an interview that aired last night that she and her husband have been very transparent as to what's been legally required.

Of them but that the more they release.

The more they get attacked.

Martha.

Yet in -- Peter it where -- as you point out there is now some response from the Romney campaign.

On all of this you know it is not as if the IRS is investigating.

Governor Ronnie here so you know what -- about a -- is asking for some kind of sort of resolution on this barn investments -- all of this stuff with really no basis for thinking that there's anything in -- that they need to be concerned about.

-- That is correct they just say that.

-- will stop talking about.

The amount of tax returns that have been released will we won't put out -- more -- we won't send our surrogates out to criticize you for only putting out five years but we want five years' worth.

Load More