What Is Mitt Romney Hiding From the American People?

CHICAGO, IL – Following the release of the President and Vice President’s 2011 tax returns, Campaign Manager Jim Messina released the following statement:

“Following decades of precedent for presidential candidates of both parties, the President and the Vice President released their tax returns today so that Americans can review their personal finances, understand how they earn their income and ensure there are no conflicts with the interests of the nation. But on the eve of April 17th, Governor Romney has yet to provide tax returns from the period in which he made hundreds of millions as a corporate buyout specialist, or as governor of Massachusetts, the experience he says qualifies him to be president.”

“Mitt Romney’s defiance of decades of precedent set by presidential candidates on both sides of the aisle, including his own father, begs the question -- what does he have to hide?  Did he exploit loopholes in the tax code by keeping his investments offshore and is that why he’s protecting those loopholes now? Why did he open a Swiss bank account instead of an American bank account and establish a corporation in Bermuda instead of on our shores? Did he pay a lower income tax rate than the 13.9 percent he paid in 2010 and is that why he opposes the Buffett Rule to ensure millionaires don’t pay less taxes than middle-class families?”

“Governor Romney may try once again to play by his own set of rules, but Americans will hold him accountable for trying to hide his record.”

The President and Vice President’s tax returns – including previous years of the returns they have released – are posted on our website here: http://www.barackobama.com/tax-returns