The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

Romney releases his taxes: Surprise! He's rich

by The Madeleine Brand Show

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Republican presidential candidate and former Massachusetts Gov. Mitt Romney greets supporters and gives autographs after a speech at the National Gypsum Company January 24, 2012 in Tampa, Florida. Romney's speech was billed as a "prebuttal" to tonight's State of the Union speech by President Barack Obama Chip Somodevilla/Getty Images

On Tuesday morning, GOP presidential nominee Mitt Romney released his personal tax records, an issue which had become a sticking point in the campaign.

The records show Romney made nearly $22 million in 2010 and about $21 million last year. He was taxed at a rate of 15 percent because all of his income came from profits, dividends and interest on investments, which are taxed at a much lower rate than wages.

We check in with Florida political reporter, Marc Caputo of the Miami Herald, to see how this new information is affecting the race in Florida, the next state to hold its Republican primary vote.

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