Romney to Release 2010 Tax Returns on Tuesday [Video]

A sign of desperation? Mitt Romney has said for the record that he will release his 2010 tax returns by Tuesday. Also on Tuesday he will give an estimate on how long it will be until he can release his 2011 return.

It has not been the best of weeks for Mitt Romney. First, his win in the Iowa Caucus turned out to not be a win. The official vote tally put Ex-Pennsylvania Senator Rick Santorum on top giving him a win in the State. Then after winning New Hampshire and the media talking about the inevitability of his nomination he took a major shellacking in South Carolina, losing the state by more than 12% points.

Romney has been dogged all week about his time running Bain Capital, his tax returns, his wealth, his tax rate and whether some of his vast fortune is held over seas.

Newt Gingrich has largely been the winner in the dog fight between the candidates, winning South Carolina and moving with avalanche size momentum going into Florida next week.

It seems as if Romney, who has been heavily portrayed as being out of touch with average Americans, is doing a great job of living up to the charge. It seems as if he just doesn’t get the mood of America in an economic downtime. He seems to think that Americans will be impressed by his business resume but at the same time doesn’t realize that Americans are not very happy with a candidate worth $250 million dollars but only pay a 15% tax rate. With a Candidate who calls his speaking income “not much money” even though the amount he made was more than $350,000 in one year alone. People especially don’t like the idea that Romney seems to want to avoid the question when anyone asks him about his wealth, and then seems to not have been aware that these questions may have come up.

Republican voters for the most part are seeing a side of Mitt Romney they don’t like. He already is viewed with suspicion for signing a law in Massachusetts enforcing an individual mandate, supporting gay rights and flip flopping on abortion, but this weeks problems are even bigger than that. Newt Gingrich and Rick Santorum are hardly class warfare enthusiasts. They are both supporters of the free market system. Republicans in general are free market people. But when Gingrich and Santorum can hound Romney for his business actions and Republicans are listening, imagine what will happen when the whole country is listening and Obama starts nailing him?

Do you think Mitt Romney should be the nominee?