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Romney’s 13.9% Tax Rate Spotlights Wealthy Investors’ Breaks

Republican presidential candidate Mitt Romney’s 2010 tax returns and the 13.9 percent rate he paid highlight how wealthy investors can use the preferential treatment of income classified as capital gains and dividends to minimize payments to the U.S. government.

The returns provide a glimpse into the financial life of Romney, whose campaign estimates his fortune at between $190 million and $250 million. Romney and his wife, Ann, receive money from blind trusts that invest in hedge funds and receive profits that flow from the private-equity investments Romney made during his career at Bain Capital LLC. The couple donated about 16 percent of their income to charity.