The Obama campaign strikes another low blow with a TV spot accusing Mitt Romney of “personally” approving a notoriously abusive tax-avoidance scheme and suggesting he may have paid “zero” tax. […]
Tax experts — including one who supports Romney’s plan — say the Republican presidential candidate’s promise to cut individual income tax rates without either favoring the wealthy or losing revenue isn’t mathematically possible. That’s the conclusion of the Tax Policy Center in a report the Romney campaign attacked …
A Republican talking point falsely claims that the Congressional Budget Office found 75 percent of the federal health care law’s taxes would be paid by those earning less than $120,000 […]
Critics of the health care law have claimed that it’s the biggest tax increase in history. But that could only be true in raw dollars. When adjusted for inflation — […]
Republicans are twisting the facts on taxes in the Affordable Care Act, grossly overstating the impact on families or lower-income earners. In what has become a Republican talking point, several […]
Thomas Hobbes’ oft-cited phrase from 1651, “nasty, brutish and short,” does not describe the 2012 presidential campaign — unfortunately. The contest so far has been nasty all right, and disregard for the truth has been brutish on both sides, in our judgment. But alas, it won’t be over until Nov …
Q: Is the new health care law “the biggest tax increase in history”?
A: In raw dollars, perhaps. But several tax increases just since 1968 were larger as percentages of the economy, or in inflation-adjusted dollars.