Romney gives Democrats support for claim he manipulated tax deductions for political purposes

By Associated Press, Published: September 21 | Updated: Saturday, September 22, 9:46 AM

WASHINGTON — Mitt Romney has given Democrats plenty of support for their claim he manipulated his deductions to keep his overall 2011 federal income tax rate above a certain threshold for political purposes.

The Republican presidential nominee, whose wealth is estimated as high as $250 million, seems hemmed in by a comment to reporters in August that he had never paid less than 13 percent in taxes in any single year over the past 10. Had he taken the full charitable deduction last year, it would have pushed his tax liability below 13 percent.

The former Massachusetts governor and his wife, Ann, could have claimed more in deductions, the trustee of Romney’s blind trust said when the candidate’s 2011 tax returns were released.

But, Brad Malt acknowledged, the couple “limited their deductions of charitable contributions to conform to the governor’s statement in August, based on the January estimate of income, that he paid at least 13 percent in income taxes in each of the last 10 years.”

The tax returns had become a distraction for his campaign, with Democrats and even some fellow Republicans this summer urging Romney, who earlier had released 2010 data and a preliminary 2011 return, to disclose more than two years of information. Senate Majority Leader Harry Reid, D-Nev., had kept the issue alive by making an unsubstantiated and roundly criticized claim that Romney had not paid any taxes for 10 years. Romney’s statement about the 13 percent level had come in reaction to Reid’s assertion.

(More here.)