Topic: Ropes & Gray LLP
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.
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.