Romney's 2011 tax return/ Romney's Tax Rate Equal to What Obama Paid Last Year; With a Harry Reid update!

From Drudge:
The Romney campaign is releasing Mitt and Ann Romney's 2011 tax return today. The campaign previews a few of the highlights here:

• In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income.

• The Romneys’ effective tax rate for 2011 was 14.1%.

• The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income.

• The Romneys claimed a deduction for $2.25 million of those charitable contributions.

• The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor's statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years.

Additionally, the Romney campaign is releasing a summary of 20 years of taxes, between 1990-2009, detailing their tax expenditures during those years: 

Romney's Tax Rate Equal to What Obama Paid Last Year   "Over the entire 20-year period, the average annual effective federal tax rate was 20.20%," the Romney campaign states, based on a summary of Romney's taxes from the firm Price Waterhouse Cooper.

"President Obama's tax rate in 2011 was only marginally higher, at 20.5 percent." 

Here below is one of the very few cartoons I found on Mitt Romney's tax returns that did not trash the man. Many cartoonists here owe Mr. Romney an apology, I'd say. TD

Sodahead

Romney doubles Obama's charitable giving   "Mitt Romney's presidential campaign is releasing a brief summary of 20 years of tax returns on Friday, and his accountant says it will show he gave 13.45 percent of his adjusted gross income to charities.

"That's nearly twice the rate of President Obama, who according to his tax returns from 2000 through 2011 donated just less than 7 percent of his adjusted gross income to charities."

Romney bows to call for tax disclosure  "Mitt Romney has released details of 20 years’ worth of tax payments in an effort to rebut claims of secrecy over his personal income and steady his stuttering presidential bid after weeks of campaign mishaps.

"The Republican presidential candidate also released his full tax return for 2011, which showed that he voluntarily paid more tax than required by reducing allowable deductions for charitable contributions."

UPDATE! Nevada Republican to Harry Reid: Make our day, release your 2011 tax return

"Citing an anonymous source, Mr. Reid has repeatedly claimed in recent weeks that Mr. Romney "didn't pay taxes for 10 years."

"Mr. Romney countered that over the past ten years he never paid less than 13 percent of his taxable income and that "Harry Reid's charge is totally false." "