Romney Took Corporate Welfare While At Bain

Mitt Romney has often derided the policies of President Obama for encouraging welfare, but he had his hand extended towards the government when he was a corporate raider at Bain Capital.

When Romney’s Bain took over Indiana-based Steel Dynamics, the firm received tax breaks and government subsidies totalling $37 million from the state of Indiana, also known as corporate welfare. Romney has often attacked government investment in business. The county where Steel Dynamics was located also imposed a tax in order to benefit Romney’s company. [LA Times]