TAMPA, Fla./WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney bowed to political pressure and gave the public a glimpse inside his personal fortune on Tuesday, releasing U.S. tax returns showing he pays a lower effective tax rate than many top wage-earners. Unlike Americans who rely on a paycheck, Romney earns most of his income from investment profits, dividends and interest. The returns for 2010 and estimates for 2011 showed that he will pay a total of $6.2 million in taxes on income of $42.5 million. Romney and his wife Ann paid an effective tax rate of 13. ...
Source: http://news.yahoo.com/romney-reports-tax-bill-6-2-million-2010-050445144.html
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