#1 Romney paid 14% effective tax rate in 2011
09-21-2012, 06:05 PM
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By Jeanne Sahadi @CNNMoneySeptember 21, 2012: 4:50 PM ET
NEW YORK (CNNMoney) -- Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1%, his campaign said Friday.
His effective tax rate was up slightly from the 13.9% rate he paid in 2010.
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