One of President Obama's approved TV ads derides GOP presidential nominee Mitt Romney because he made millions of dollars and he used tax loopholes to pay a lower tax rate than a registered nurse. The loopholes Mr. Romney uses are the same loopholes available to every American, and they include donating to charity and buying tax-exempt municipal bonds that support state and local governments.
So, according to Mr. Obama, we're supposed to be angry at Mr. Romney because he donates millions to charity and loans millions to state and local governments so they can support our schools and road-building.
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