Election 2014  
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Romney Releases 2011 Tax Returns and By His Own Words They 'Disqualify' Him From the Presidency

The Romneys paid more taxes than they had to in order to inflate the effective tax rate they paid this year.

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UPDATE 2: Brian Beutler at TPM finds that Mitt's real effective tax rate may be even lower:

Some of his income was subject to the Alternative Minimum Tax at a maximum rate of 28 percent. If the contributions he didn’t deduct were taxed at that rate, it means he could’ve reduced his effective tax rate... to 10.5 percent. 

Joshua Holland is Senior Digital Producer at BillMoyers.com, and host of Politics and Reality Radio. He's the author of The 15 Biggest Lies About the Economy. Drop him an email or follow him on Twitter

 
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