New Obama Ad Highlights Romney’s Tax Returns

The Obama campaign is focusing on tax fairness in their latest ad, using a Mitt Romney interview about his tax rate that Joe Biden brought up in the vice presidential debate on Thursday. 

Most of the spot consists of a clip of Romney on 60 Minutes last month defending his 14% effective tax rate on $20 million of income, which is on par with some middle-income workers’ tax rates, as fair and a way to “encourage growth.”

“Lower tax rates for him than us,” the ad’s narrator says. “Is that the way to grow America?”