Romney bows to pressure to reveal 2011 tax returns

WASHINGTON – Republican US presidential challenger Mitt Romney plans to make public his 2011 tax return by October 15th, a senior…

WASHINGTON – Republican US presidential challenger Mitt Romney plans to make public his 2011 tax return by October 15th, a senior campaign adviser said yesterday, as President Barack Obama’s re-election team pressed its criticism of Romney’s decision not to disclose more about his personal taxes.

Romney, a former private equity executive who is one of the richest men ever to run for president, has come under pressure for months from the Obama campaign to release more years of returns.

He has released his 2010 tax return and estimates for 2011 but does not plan to reveal more years of returns. In April, he requested an extension from the Internal Revenue to file his 2011 tax forms, while estimating his liability at $3.2 million.