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 […]
Summary The year 2007 wasn’t a good one for political honesty. Though not even technically an election year, it provided a bumper crop of falsehoods and distortions nonetheless. Presidential candidates […]