Romney has so far refused to release more than two years of tax returns, breaking from a precedent set by his father, former Michigan Gov. George Romney, who released 12 years of returns when he sought the presidency a generation ago. An Associated Press report recently raised questions about a previously undisclosed Bermuda-based company included in Romney's portfolio until the day before he became Massachusetts governor.
Romney's campaign dismisses the Obama campaign's tactics as an attack on success. And Romney hasn't shown any indications of trying to deny his wealth. He spent Sunday in the Hamptons, the wealthy enclave on Long Island, holding three fundraisers at wealthy donors' homes as protesters stood outside. At the day's third event, at the Southampton estate of billionaire industrialist David Koch, donors were asked to give $50,000 per person or $75,000 per couple.
On Monday, Romney raised money in Aspen, Colo., the resort town where Michelle Obama has vacationed. And he spent the previous week jet skiing and boating on Lake Winnipesaukee in New Hampshire, where he has a lakeside estate worth millions.
While hardly in Romney's league, Obama also is well-off and acknowledges it. At one point Monday, he said that "it's time to let the tax cuts for the wealthiest Americans, folks like myself, to expire.
The president, too, was mingling with the wealthy on Monday. Hours after calling for increased taxes on higher income earners, he attended two campaign fundraisers in Washington that cost donors $40,000 per person.
The Romney campaign announced Monday that, in conjunction with the Republican National Committee, it raised $106 million in June. The Obama campaign and the Democratic National Committee raised $71 million.
Kasie Hunt reported from Aspen, Colo. Associated Press writer Alan Fram contributed from Washington.
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