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Romney Caves on Tax Returns, Will Release His on Tuesday

CHARLESTON, SC - JANUARY 19:  Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks to supporters as he visits a campaign headquarters January 19, 2012 in Charleston, South Carolina. Today, one of Romney's opponents in the primary Texas Gov. Rick Perry dropped his bid for the Republican presidential nomination and endorsed competitor former Speaker of the House Newt Gingrich.  (Photo by Joe Raedle/Getty Images)

Seems last night's drubbing in South Carolina left Mitt Romney pretty rattled. Today, speaking on Fox News Sunday, he announced he would release his tax returns after all, this coming Tuesday — when most Republicans will be busy bashing President Obama's State of the Union address. "I think we just made a mistake in holding off as long as we did," Romney said. "It just was a distraction."

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Photo: Joe Raedle/2012 Getty Images