Brooks Jackson, Author at FactCheck.org

Obama’s ‘Boss’ Baloney

August 10, 2012

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 the ad’s speculation that Romney himself paid no income tax, or that he did something illegal.
The ad opens with an unsupported insinuation that Romney isn’t releasing more federal income tax returns because some would show he didn’t pay any income tax in those years.

Obama’s ‘Sealed’ Records

July 31, 2012

Q: Are Obama’s early records “sealed”?
A: No. Many records that presidential candidates don’t ordinarily release do remain confidential, but they are not “sealed” by a court. The 16 claims in a widely distributed graphic are mostly false or distorted.

Bain: Still ‘No Evidence’

July 25, 2012

The Obama campaign says a new Associated Press story backs up its claims that Mitt Romney “did not leave [Bain Capital] when he says he did,” and that he’s responsible for “American jobs that were outsourced” by Bain-controlled companies after February 1999. We don’t think so.
Some impressive reporting by the AP and others recently has shown that Romney retained ownership and corporate titles at Bain for a time after he took a hurried leave of absence on Feb.

Whoppers of 2012, Early Edition

July 20, 2012

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 …

Romney’s Bain Years: New Evidence, Same Conclusion

July 12, 2012

New reporting cites strong evidence that Mitt Romney wasn’t actively managing Bain Capital while he was running the Olympics, despite what the Obama campaign (and some news reports) would have voters believe.
Dan Primack, a senior editor at Fortune Magazine, reports on previously confidential “offering documents” that Bain circulated to potential investors in June 2000, September 2000 and again in January 2001. And he says that in each of those three documents Romney’s name is conspicuously absent from lists of senior investment managers at Bain.

Tax Facts: Lowest Rates in 30 Years

July 11, 2012

Politicians talk about the burden of taxes incessantly. Now comes a rare chance to check the facts. And the fact is that federal tax rates had fallen to the lowest in 30 years when President Barack Obama took office — and fell again in his first year in office.
This news comes from the nonpartisan Congressional Budget Office, which just issued the latest update of its invaluable series on “Distribution of Household Income and Federal Taxes,”

Biggest Tax Increase in History?

July 10, 2012

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.

FactCheck to Obama Camp: Your Complaint is All Wet

July 2, 2012

The Obama campaign complains that we got a key fact wrong in our June 29 article, “Obama’s ‘Outsourcer’ Overreach.” We strongly disagree. We find the Obama campaign’s evidence to be weak or non-existent, and contrary to statements Romney has made on official disclosure forms under pain of federal prosecution.
The Obama complaint claims we erred in saying Mitt Romney gave up active management of Bain Capital in early 1999 to run the 2002 Winter Olympics,

How Much Is the Obamacare ‘Tax’?

June 28, 2012

Q: How much will the “tax” penalty be for going without health insurance?

A: The minimum assessment will be $695 per person (but no more than $2,085 per family) in 2016, when fully phased in. The amount can be higher depending on income. But there are exemptions for low-income persons and others.

Obama’s 77-Cent Exaggeration

June 22, 2012

A TV spot from the president’s reelection committee says women are “paid 77 cents on the dollar for doing the same work as men.” That’s not true. The ad falsely states that the pay gap is for doing “the same work.” It also implies that discrimination by employers is responsible for the difference. That’s an exaggeration..
The main point of the ad is to tout Obama’s signing of the Lilly Ledbetter Fair Pay Act in 2009.