Mitt Romney Releases 2011 Tax Return

After months of pressure from Democrats and the media, Mitt Romney finally released his 1040 tax form for 2011 today. It shows that he paid $1.9 million in federal taxes on income of $13.7 million, an effective rate of 14.1%. Romney’s income is almost entirely from dividends, capital gains and other returns assessed at some of the lowest tax rates.

Click the image below for a comparison between Romney’s return and Barack Obama’s.