Chris Christie repeatedly has said that U.S. corporations are taxed twice on income earned abroad, claiming in one speech that IRS officials “don’t recognize the tax that you paid to a foreign country.” That’s false.
The Environmental Protection Agency released the draft of a long-awaited study on the potential impacts of hydraulic fracturing — fracking — for natural gas on drinking water, and individuals on both sides of the debate have misrepresented the study’s findings.
Democratic presidential contender Martin O’Malley claims that “70 percent of us are earning the same or less than they were 12 years ago.” Actually, weekly paychecks for rank-and-file workers are 6.6 percent higher, even after adjusting for inflation.
Sen. Lindsey Graham has joined the field of candidates vying for the Republican presidential nomination. Graham, who has served in Congress for more than 20 years, made the announcement today in his home state of South Carolina.