From NEWSMAX:
Republican Mitt Romney acknowledged Tuesday that his income tax rate is “probably closer to 15 percent than anything,” suggesting that one of the wealthiest people to ever run for U.S. president pays a much lower rate than most Americans.
His comment, a day after Romney agreed for the first time to release his tax returns — but not until April when they are generally filed — added fuel to his Republican rivals’ calls for him to be more transparent about his finances.
It also drew fire from the Democratic White House and other critics, who said it reflected how Romney, whose estimated net worth is $270 million, is out of touch with the experiences and concerns of typical Americans…
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EDITOR: George Washington was one of the wealthiest colonist / Americans of his time, if not the riches, although by European standards then that wasn’t saying that much. Like other Southern planters, Washington owed large amounts to his London bankers.
