IT is reported that a Cayman Islands registry has revealed that former Massachusetts governor Mitt Romney has millions of dollars in tax havens. Romney who is running for president in the elections this year has come under scrutiny on the basis of the recent findings. Romney had recently declared that his tax rate is about 15 per cent.The highest income tax rate on wages and salaries is 35 percent as by the law. When questioned, Romney spokeswoman stated that said his investments in funds established in the Cayman Islands were taxed in the normal way. Romney is believed to have as much as $8 million invested in at least 12 funds listed on a Cayman Islands registry. His campaign officials have claimed that that the purpose of setting up such accounts was to attract money from foreign investors.