September 21, 2012 10:53 PM UTC

BREAKING: Romney Releases 2011 Tax Returns

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• by: Colorado Pols

From CNN:

Mitt 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.

Things have not been going very well of late for Republican Mitt Romney, so perhaps his campaign felt like they had nothing to lose by releasing his 2011 returns. This still won’t quiet critics who think Romney should release more information relating to previous tax returns, but for the Romney campaign, at least they get to talk about something besides their own self-destruction for a day.