PERRspectives: How We Built Bain Capital
"As it turns out, the silence about Mitt Romney's old company and the Republican sham that "you didn't build it" are related. Because when it comes to Bain Capital, in a very real sense you did build it. After all,your United States tax code doesn't merely allow the "carried interest exemption" that enables the likes of Mitt Romney to pay a lower rate than many middle class families. Without the public subsidy that is thecorporate debt interest deduction, there might not be a Bain Capital--or a private equity industry as we know it--at all."
