Tag Archives: taxes

The ‘Facts’ According to Obama and Romney Ads

In dueling ads, the Obama and Romney campaigns claim the factual high ground on deficits and taxes while, ironically, distorting the facts. An Obama ad uses a truncated quote that makes NBC’s Andrea Mitchell seem to contradict Romney’s statement that his tax plan doesn’t amount to a $5 trillion cut. …
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Romney, Obama Court Moms, Distort Facts

Mitt Romney and President Obama each distort the facts in TV ads aimed at young mothers: Romney’s ad falsely attributes the nation’s $16 trillion debt all to Obama when it says “your share of Obama’s debt is over $50,000.” The total public debt was $10.6 trillion when Obama took office, …
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Romney’s Economic Exaggerations

Republican presidential candidate Mitt Romney claims that his plan would balance the federal budget in eight to 10 years. But so far, he has not made public the details on how he would be able to do that, and one neutral budget expert calls it “an unrealistic goal.” Also, Romney …
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Romney’s Big Night

TAMPA, Fla. — In a speech heavy on anecdotal history but short on policy details, Mitt Romney avoided major falsehoods in making his case to the American public while accepting the presidential nomination at the Republican National Convention. Even a key Democratic strategist, Bill Burton, a former press secretary for …
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NRCC Taxes Logic in North Carolina House Race

A Democratic congressman who has reliably supported extending the Bush tax cuts is now being attacked by a GOP TV spot claiming he “voted for higher taxes on Social Security, small businesses, middle-class families, even marriage.” All those claims are false or, in the case of Social Security, misleading. The …
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Outdated Attacks on Ryan

The Obama campaign points to old proposals by Rep. Paul Ryan in saying that Mitt Romney would pay “less than 1 percent in taxes” under Ryan’s plan and that seniors would pay $6,000 more for Medicare. Ryan’s 2010 budget proposal would have eliminated capital gains and dividend taxes — which …
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Obama’s ‘Boss’ Baloney

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. That’s badly misleading. It wasn’t Romney who was avoiding taxes, it was Marriott Corp. And there’s no evidence to support …
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Romney’s Impossible Tax Promise

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 …
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Does Romney Pay a Lower Rate in Taxes Than You?

A new ad from the Obama campaign claims that Mitt Romney “paid only 14 percent in taxes—probably less than you.” That depends. Romney paid a federal income tax rate that is higher than the income tax rate paid by 97 percent of tax filers. But if you include a combination …
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Who Pays 75 Percent of Health Care Law’s Taxes?

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 a year. CBO didn’t say that. Instead, it found 76 percent of those paying the mandate penalty would earn under …
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