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Tag Archives: taxes
40% of Americans Pay No Taxes?
Q: Do 40 percent of Americans pay no taxes? A: About 38 percent of households have zero or negative income tax liability, but they pay other federal taxes.
World’s Nicest Nightmare
On MSNBC Wednesday morning, senior McCain advisor Nicolle Wallace said that John McCain won’t cut taxes for corporations, and that in fact he is “their worst nightmare.” The quote is at about 5:10 in the above video, but if you rewind a bit, you’ll see host Joe Scarborough grilling Obama …
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Posted in The FactCheck Wire
Tagged corporate tax rate, Joe Scarborough, John McCain, Nicolle Wallace, Robert Gibbs, taxes
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Counting Errors
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 Obama voted 94 times to increase taxes, which is way off. This is still misleading, though. The real breakdown includes: …
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Posted in The FactCheck Wire
Tagged alternative energy, presidential debate, tax cut, taxes
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Tax Cuts for Oil Companies?
McCain isn’t proposing a special tax break for oil companies, despite Joe Biden’s mention (more than once) of the $4 billion cut they’d get. As we’ve noted previously, McCain’s plan would cut the corporate tax rate from 35 to 25 percent — for ALL corporations, not just oil companies. It …
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Posted in The FactCheck Wire
Tagged Joe Biden, oil companies, taxes, vice presidential debate
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