South Carolina Primary: Mitt Romney to Release Tax Returns on Tuesday
THE SUNDAY TELEGRAPH: Republican presidential candidate Mitt Romney said on Sunday he will release tax returns for the last two years this week and admitted the flap over his returns hurt him in South Carolina, where he lost a primary to Newt Gingrich.

"I will release my tax returns for 2010, which is the last returns which were completed, on Tuesday of this week," Romney said on Fox News Sunday. "And I will also release at the same time an estimate for 2011 tax returns."

"We made a mistake holding off as long as we did and it just was a distraction," the former Massachusetts governor added.

Gingrich won 40 per cent of the vote in the South Carolina primary on Saturday, while Romney came in a distant second with 28 per cent.

Romney, one of the wealthiest US presidential candidates in history, emphasised he was releasing two years of returns after Gingrich posted his returns for only 2010 on Thursday. » | Sunday, January 22, 2012