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The Editors

Romney Outsmarts Obama in Fight Over Multinational Taxes

Mitt Romney’s plan for taxing multinational corporations would create 800,000 jobs, according to President Barack Obama.

“There’s only one problem,” the president added at a speech in Ohio last week. “The jobs wouldn’t be in America. They’d be in other countries.” That clever remark kicked off a week of sparring between the two candidates and their surrogates about the right way to tax corporations.