After a clear defeat by Gingrich in South Carolina's primary, Mitt Romney agreed release his tax returns this upcoming week.
He considers his delay in release "a mistake" and "a distraction." Romney is one of the most affluent presidential candidates in history, and of his pledge to release his tax returns, Gingrich comments "I think that's a very good thing he's doing," and "we can go on and talk about other bigger and more important things."
The two candidates now face the Florida primary on January 31st.
Sunday, January 22, 2012
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I'll say that it is good that he finally releasing his tax returns because to not do so is pointless. It is blatantly obvious that he is rich so though his returns may make some of us reel, it isn't really what we wouldn't have expected from his obvious reluctance to release them. On the other hand, I think that it is really bad timing. Releasing them now makes him look like he caved after a sound defeat in the South Carolina primary. It makes him look weak and few people want a weak president. If he had done it earlier, then it would have been much better for him and it would make him seem like he is saying I am rich and successful and won't say otherwise. That sense of confidence would probably have served him much better than this I'm releasing my returns because I just lost will.
Sure, Romney has agreed to release his 2010 returns and his 2011 estimates. Before the controversy, this minor release might have been enough (George W. Bush only released a year of his tax returns as well). But right now, I think Buzzfeed's Ben Smith captured Romney's pickle perfectly in saying, "Releasing the 2010 returns is just blood in the water. What about the previous 20 years?"
Furthermore, Romney was not his usual vaguely suave self when he announced that he would release his tax returns. Upon asked if he would follow his father's example in releasing 12 years of tax returns in his presidential debate, Mitt responded with "maybe" and then proceeded to stutter and reiterate his father's "ragged dick-esque" success story.
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