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
Republican presidential candidate Mitt Romney writes on a whiteboard during a news conference Thursday in Greer, S.C.
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.
Republican presidential candidate Mitt Romney has acknowledged that he had money in a Swiss bank account until 2010. Romney says he wasn't trying to hide the money, since he reported the account to the government.
Even so, he closed the account at a time when the federal government was in the middle of a major crackdown on offshore tax havens — a crackdown that has made it harder for Americans to hide their money overseas.