Topic: Ropes & Gray LLP
All Content
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Yes, he's rich. Mitt Romney finally releases his tax returns.
After months of pressure, Mitt Romney has released more tax information, which confirms that the Romneys are rich. But he'd probably be a billionaire if he hadn't gone into public service.
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Romney tax return shows he paid $3 million. His tax plan wouldn't bump that.
The wealthy GOP presidential candidate paid about 14 percent of his income in taxes in 2010, the Romney tax return shows. That's a lower rate than most middle-class Americans pay. Under Romney's tax reform plan, his tax bite would not change.
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