Newt Gingrich Tax Returns
January 20, 2012 by staff
Newt Gingrich Tax Returns, Pressure on Mitt Romney to release his U.S. income tax returns increased Thursday as Newt Gingrich release his returns ahead of the evening’s debate.
Gingrich’s return shows he and his wife, Callista, owed federal taxes of $994,708 on an adjusted gross income of $3,142,066 for 2010, The Washington Post reported.
The couple’s income included $450,245 in wages; $41,625 in speaking and board of directors’ fees; and $2,525,683 from partnerships and S corporations, the newspaper said.
During the debate Thursday, Romney said he will release his 2011 return but stopped short of saying he would release returns from other years.
“When they’re completed this year in April I’ll release by returns for last year, and probably for other years,” Romney said.
“I don’t know how many years I’ll release, he said.
Gingrich, who promised to keep the tax issue alive during Thursday’s 2-hour debate in Charleston, S.C., said Wednesday he paid almost a third of his earnings to the federal government, unlike the former Massachusetts governor, who said Tuesday he paid about 15 percent in income taxes.
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