Huffpost Politics
Amanda Terkel Headshot

Newt Gingrich To Release Income Tax Returns, Challenges Mitt Romney To Do The Same

Posted: Updated:
Print Article
Republican presidential candidate, former Speaker of the House of Representatives Newt Gingrich speaks at a town hall meeting at BAE Systems offices on January 9, 2012 in Nashua, New Hampshire.
Republican presidential candidate, former Speaker of the House of Representatives Newt Gingrich speaks at a town hall meeting at BAE Systems offices on January 9, 2012 in Nashua, New Hampshire.

WASHINGTON -- When President Obama releases his tax returns on Thursday, former House Speaker Newt Gingrich says he will be doing the same.

"President Obama is releasing his records this coming Thursday. I will release my income tax records. Callista and I have discussed it," Gingrich said on NBC's "Meet the Press," referring to discussions with his wife. "We agree this is part of the process of the American people having trust in the candidates."

Gingrich also challenged GOP presidential frontrunner Mitt Romney to release his records, saying that "he will never get through the fall without releasing his records, and it's better to do it in the primary season so the country understands what's going on and not wait and be surprised in September."

Romney has so far said he has no intention of doing so.

Though not required by law, most recent presidential and vice-presidential nominees have chosen to made their tax returns public. Former Alaska governor and 2008 vice presidential candidate Sarah Palin also said recently that Romney should release his.

Romney spokeswoman Andrea Saul told USA Today the campaign will "look at the question of releasing tax returns during the next tax-filing season." She added that Gingrich "is in no position to lecture anyone on disclosure," because he still has not disclosed all the information on his consulting work for Freddie Mac.

When asked by "Meet the Press" host David Gregory whether Romney is hiding something by not releasing his returns, Gingrich replied, "I don't know that. You are the reporter. I'll let you decide that. I know that the country deserves accountability and they deserve transparency, and these are big issues and they're not issues you can hide from. I'm going to try to set the example to provide leadership to do the right thing, and then Gov. Romney has to decide what he is going to do. That's his decision, and I will let you determine why he makes that decision."

Romney's wealth is estimated to be between $190 million and $250 million, according to financial disclosure reports.

Around the Web

Gingrich Will Release Tax Returns if Nominated - Mauldin, SC Patch

Newt pledges to release tax returns - POLITICO.com

Gingrich to release tax returns, challenges Romney

SC Republicans Boo Newt Gingrich Over Romney Attacks

Gingrich Camp Capitalizes On Romney's Unwillingness To Release Tax Returns

Is it too late for Newt Gingrich in Florida? He thinks not

 
  Obama Romney
Obama Romney
332 206
Obama leading
Obama won
Romney leading
Romney won
Popular Vote
33 out of 100 seats are up for election. 51 are needed for a majority.
Democrat leading
Democrat won
Holdover
Republican leading
Republican won
Democrats* Republicans
Current Senate 53 47
Seats gained or lost +2 -2
New Total 55 45
* Includes two independent senators expected to caucus with the Democrats: Angus King (Maine) and Sen. Bernie Sanders (Vt.).
All 435 seats are up for election. 218 are needed for a majority.
Democrat leading
Democrat won
Republican leading
Republican won
Democrats Republicans
Seats won 201 234
Click for Full Results