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Mitt Romney pays 15 percent, should you too?

Republican presidential frontrunner and multimillionaire Mitt Romney sparked political backlash this week when he revealed that he pays federal taxes at a rate of about 15 percent. But the hoopla over Romney’s lower tax rate points to a more complicated issue, that the 15 percent figure is based not on earned income, but rather income that “comes overwhelmingly from investments made in the past,” Romney said Tuesday.