Former Texas Gov. Rick Perry said he “never raised taxes” in his 14 years as governor of the state. That’s not the case. During his tenure, he increased taxes on businesses, cigarettes, fireworks, diesel equipment and insurance.
A Republican ad claims Mike Ross, the Democratic candidate for governor of Arkansas, voted “against taxpayers” more than 80 times while a member of the House. We find that number to be inflated.
Both sides in the presidential race are making one last push for votes with false and distorted claims on television, radio and even in text messages: A liberal super PAC’s […]
David Stockman claims that discretionary spending is "out of control." But it’s up just 1.6 percent this year. The former Reagan administration budget director caught our attention with an incendiary […]
It may be August, but there is no vacation from politicians getting things wrong on the Sunday talkfests. We found Sen. Jon Kyl misstating facts about immigration and Sarah Palin […]
Obama said that “I want to provide a tax cut for 95 percent of working Americans.” He also said the cut would go to “95 percent of families.” The latter […]
McCain said that Obama had voted 94 times for higher taxes or against tax cuts. He’s getting warmer — the first time we dinged him for this one, he said […]
In our last installment we looked at McCain’s pronouncements on spending cuts to help balance the budget. In Part II, we examine what he’s said on a subject that might be more pleasing to many Americans: lowering taxes. We found exaggerations and distortions here, as well.
Q: Do middle-income persons pay lower federal income taxes under Bush than they did under Bill Clinton?
A: Yes, middle-income taxpayers pay less, but not nearly as much less as claimed in a widely circulated chain e-mail. Moreover, both Barack Obama and Hillary Clinton propose additional middle-income cuts, contrary to what the message insinuates.
Q: Have tax cuts always resulted in higher tax revenues and more economic growth as many tax cut proponents claim?
A: No. In fact, economists say tax cuts do not spark enough growth to pay for themselves.