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"When it comes to answering the legitimate questions the American people have about whether he avoided paying his fair share in taxes or why he opened a Swiss bank account, Romney has shut up," Reid said. "But as a presidential candidate, it's his obligation to put up, and release several years' worth of tax returns just like nominees of both parties have done for decades." Romney has released his 2010 federal tax return and a summary of his 2011 return. In 2010, he paid 13.9 percent tax on income of $21.6 million. Most of Romney's income came from investment gains, which are taxed at a lower rate than earned income. His wealth estimated at $250 million, Romney has said that his critics will distort and use against him any additional tax information he releases.
[Associated
Press;
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