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.
Summary The ad Huckabee said he decided not to run has now appeared at least three times in Iowa anyway. It accuses Romney of being "dishonest" but shades the facts […]
We review some notable political falsehoods and distortions of the year.