Mitt Romney Releases 2011 Tax Return

(Jessica Rinaldi / Reuters)
(Jessica Rinaldi / Reuters)
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Updated: 9/21/2012 2:34 pm
(AP) -  Mitt Romney has released his 2011 tax returns. 

Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1%, his campaign said Friday.

His effective tax rate was up slightly from the 13.9% rate he paid in 2010.

The couple gave just over $4 million to charity.

Romney has been criticized by both Democrats and even some Republicans for not releasing more than two years' worth of tax returns. And he has often gotten flak for having paid a low effective tax rate given his outsized income.


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