This is WEEKEND EDITION from NPR News. I'm Linda Wertheimer.
Once again, taxes will be a major part of the battle for the 2012 election. Conservative ads out last week seek to savage what they call Obama's Tax Hike, a reference to letting the Bush tax cuts for wealthier families expire at the end of the year.
(SOUNDBITE OF A POLITICAL AD)
UNIDENTIFIED WOMAN: Liberals say raise taxes on the rich. But Reid's Senate passed Obama's tax hike, hurting so many small businesses.
The Friday offer from President Obama's campaign to Mitt Romney — that if the GOP presidential candidate releases his tax returns for the past five years, it won't attack him for not releasing more — was immediately rejected by the Romney campaign.
But the give-and-take keeps Romney on the defensive, and promises to keep the issue of Romney's taxes going for weeks to come.
Originally published on Thu August 16, 2012 3:15 pm
Credit Evan Vucci / AP
Republican presidential candidate Mitt Romney on Thursday revealed a bit more about his tax history, telling reporters: "I never paid less than 13 percent" in the past 10 years.
The Obama campaign's response: "Prove it."
Romney's statement came during an appearance in South Carolina and followed weeks of demands — mostly from Democrats, but also from some Republicans — that Romney release several years of his tax returns.