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One More Thing Romney: Tax Rate 'Probably' 15 Percent Emmanuel Dunand / AFP-Getty Images

Romney: Tax Rate 'Probably' 15 Percent

Apparently unsatisfied with the time he'd been given to defend his corporate record in last night's debate, Mitt Romney held a press conference Tuesday to continue explaining how Bain Capital created 120,000 jobs when he was CEO. The Republican frontrunner did acknowledge that other companies Bain had invested in lost about 10,000 jobs, but when those are compared with the jobs that were created, his record shows positive job growth. Romney has been criticized by competitors lately for his work at the private-equity firm and for not releasing his tax records. At the press conference, he said he would release his 2011 tax return when it's available in April, but said his tax rate in recent years has been something like the 15 percent assessed on investment income, as he is a multimillionaire. 


January 17, 2012 12:38 PM