Even if he wins the Republican presidential nomination, Mitt Romney has no immediate plans to release his income tax return to the public. According to Bloomberg News, the wealthiest Republican candidate would become one of the only presidential nominees in the past 30 years to withhold that information while running for America’s highest office.
Romney, whose personal fortune was estimated to be around $250 million in August, told reporters that he has no “current plans” to disclose his tax returns.
“We follow the tax laws, and if there’s an opportunity to save taxes, we—like everybody else in this country—will follow that opportunity,” the former Massachusetts governor said during a campaign stop in New Hampshire. “Down the road, we’ll see what happens if I’m the nominee.”
He added that while he had no “immediate plans” to release the information, “that may change in the future.”
Bloomberg News reported that while there was no law requiring presidential nominees to disclose their income tax return, nearly all nominees have done so since the 1970s. Referencing this spirit of openness, President Barack Obama’s campaign quickly criticized Romney.
