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Romney says 'won't apologize for his wealth'

Washington , Wed, 11 Jul 2012 ANI

Washington, July 11 (ANI): Republican presidential candidate Mitt Romney has said that he will not apologize for his success as a wealthy businessman

During a meeting in a town hall on Tuesday in Grand Junction, Romney said: "I'm not going to apologize for success at home."

"I went out and began a business, and the business turned out to be far more successful than I ever would have imagined. And by the way, the profits from the business overwhelmingly went to the people who invested with us," Los Angeles Times quoted Romney, as saying.

Romney cited a statement from Bain saying that of the 350 companies the firm invested in, "Eighty percent of them grew, which is good news, and 5 percent went bankrupt.

Romney accused the president of taking Americans' tax dollars and investing them "in the businesses of companies of his campaign contributors."

Democrats have pushed on Romney to release more details on his finances, and also calling him to reveal his overseas investments, which has stoke a debate on tax fairness.

A spokeswoman said Romney plans to release his 2011 tax return before the election. (ANI)


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