Mitt Romney Made Nearly $22 Million in 2010, Paid Less Than 14 Percent in Taxes

Mitt Romney earned more than $42 million over the past two years, and paid $6.2 million in taxes at an effective rate averaging 14 percent, according to documents provided by the Romney campaign today. The tax rate that Romney paid both in 2010 and 2011 is less than what most middle-income Americans were required to pay, mainly because a majority of Romney's earnings were derived from investments rather than wages. The former Massachusetts governor released his tax returns amid intense...Full Story
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