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Tag Archives: taxes
Boehner’s Big Stretch on Small Business
House Speaker John Boehner claimed that “small-business people” make up more than half of those who would be hit by a tax increase on “millionaires.” Not really. Only 13 percent of those making over $1 million get even as much as one-fourth of that income from small business, according to …
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Cain’s Pattern of Evasion and Misdirection
Herman Cain’s prevarications about how accusations of sexual harassment were settled are only the most recent example of the candidate’s penchant for making contradictory statements on major issues. He also has made a habit of telling untruths about his own stance on abortion and about his signature 9-9-9 …
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Perry’s Dubious Tax Promise
In his speech unveiling his proposed “flat tax” overhaul of the tax system, Rick Perry promised that “taxes will be cut across all income groups in America.” But a newly released analysis of his plan by the nonpartisan Tax Policy Center concluded that many lower-income persons and families would see …
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Cain’s ‘Fiscal Hocus Pocus’
A former chief of staff of the nonpartisan Joint Committee on Taxation calls Herman Cain’s 9-9-9 plan “a terrific example of fiscal hocus pocus” that would have the effect of “drastically increasing taxes on the working poor and middle class.” Edward Kleinbard, now a professor of law at the University …
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Tales From New Hampshire
Our research has turned up some more dubious and misleading claims from the economic debate among Republican candidates in Hanover, N.H. Cain claims his 9-9-9 proposal to overhaul the tax code is “simple, transparent, efficient, fair, and neutral.” But his campaign …
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Tagged 9-9-9, death panels, GOP debate, Herman Cain, Jon Huntsman, Michele Bachmann, Mitt Romney, Newt Gingrich, Rick Perry, taxes
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Obama No ‘Different’ Today on Taxes
An American Crossroads TV ad claims Obama’s position on taxes is “different” than it was in 2009. It isn’t. The conservative group began airing a new TV ad in St. Louis on Oct. 3 in advance of the president’s fundraising trip to Missouri. The ad, titled “Don’t,” urges Obama not …
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She’s No ‘Buffett’s Secretary’
A liberal group’s TV spot features a working mother who says she’s like “Warren Buffett’s secretary” and pays higher tax rates than “many billionaires and millionaires.” Not quite. With her $40,000 income and three kids, she’d actually pay a far lower rate than Buffett says he paid on his income. …
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Christie’s Tax Tale
Chris Christie shaded the truth when he took credit for closing New Jersey’s budget gap “without raising taxes.” It’s true he didn’t raise state taxes, but the governor’s first budget extensively revised and reduced a program that once provided residents with local property tax rebate checks. As a result, nearly …
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CNN/Tea Party Debate
The GOP presidential candidates debated for the second time in six days — tossing out a variety of false and misleading claims on everything from Social Security to vaccines for sexually transmitted diseases. …
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Posted in Articles
Tagged debt ceiling, health care, Herman Cain, immigration, Jon Huntsman, Michele Bachmann, Mitt Romney, Newt Gingrich, Rick Perry, Ron Paul, Social Security, stimulus, taxes
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