US
Presidential Election 2012
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| Mitt Romney has an estimated net worth of about $250m |
US
Republican presidential candidate Mitt Romney has said he never paid less than
13% in taxes over the past 10 years, seeking to end public debate about his
personal finances.
"I
think the most recent year is 13.6% or something like that," he said.
In January,
Mr Romney released his 2010 tax return, but has so far refused to show records
from earlier years.
Democrats
have questioned whether the former private equity high-flier has something to
hide about his wealth.
Democratic
Senate Majority Leader Harry Reid has accused Mr Romney of not paying taxes in
some years - a claim denied by the Republican.
Mr Romney,
a former Massachusetts governor, has an estimated net worth of about $250m
(£159m).
The 2010
tax returned showed that he had paid nearly 14% in taxes - mostly on capital
gains from investments.
The top tax
rate for wages in America is 35%, but taxes on capital gains are lower.
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