Your morning must-read, courtesy of DC bureau chief David Corn.
President Obama wants to give businesses tax breaks for keeping jobs in America. His opponent, meanwhile, earned his riches by shipping American jobs overseas — and despite Mitt Romney’s claims that he was no longer at Bain Capital when that all took place, Mother Jones has been reporting that’s not exactly the case.
A thorough (and sometimes hard-to-read) piece from Vanity Fair’s Nicholas Shaxston about Mitt Romney’s wealth problem (specifically, how little taxes he pays on that wealth, all his tax havens, and his history with Bain Capital). If you can get through the more technical, dry finance stuff, you’ll get a good idea of why this sort of thing matters as Romney tries to win the presidency in November.