Mitt Romney has released his 2011 tax returns late on Friday afternoon when no one is supposed to be paying attention. He claims a tax rate of 14+%, but admits that he overpaid by not taking approximately $2 million in deductions. In the past, he has said that he paid all that was legally due and not a penny more. Why did he overpay his 2011 taxes? Because if he had taken all his legal deductions, his tax rate would have been less than 10%, spoiling his story that he has never paid less than 13.9%. After the election, Mitt can file an amended return and claim the additional deductions to which he is entitled. Then the IRS will refund his overpayment.