Newsflash — Mitt to Release “Tax Rate Summary”

Mitt is about to release a 20-year summary of his tax rates from 1990 to 2009.

His blind trust administrator claims that the average annual effective tax rate over those 20 years was 20.20%.  He claims that the lowest rate over those years was 13.66%.

Mitt has already released his returns for 2010, along with an estimate for 2011.  He is also going to release the actual returns for 2011, which will show a 14.4% effective tax rate.

Will this quell the call for release of more actual returns besides 2010 and 2011 or just intensify it?  I’m guessing it’s the later.

A desperate modified, limited hangout that just begs for comparison to Richard Nixon.

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