Q: Does the health care law contain a “hidden” tax on hunting and fishing equipment?
A: No. There is a 2.3 percent excise tax on certain medical devices. Cabela’s, a Nebraska sporting goods company, applied the tax to some of its customers’ purchases by mistake.
Democrat Terry McAuliffe uses the reluctance of his Republican opponent, Ken Cuccinelli, to name the tax exemptions and loopholes he would eliminate to offset his proposed tax cuts as the basis for misleading, doomsday claims about Cuccinelli’s tax plan.
New Jersey Gov. Chris Christie conflated statistics when he claimed Sen. Rand Paul’s “pork-barrel spending” is the reason Kentucky receives more federal funds than New Jersey for every tax dollar it sends to Washington.
A conservative group misleadingly claims Sen. Mitch McConnell “funded the implementation of Obamacare.” McConnell voted to fund the government — including the department responsible for the Affordable Care Act.
Reviewing some key statistical measures of Barack Obama’s presidency so far, we find: The economy has added more jobs since Obama took office than it did in his predecessor’s entire eight years in office. Despite the improved economy, the number of people receiving food-stamp assistance has continued to grow …
Senate Republican Leader Mitch McConnell twisted some fiscal facts in his appearances on the Sunday talk show circuit:
McConnell said the Obama administration has “driven spending as a percentage of our economy from 21 percent up to almost 25 percent.” But it was already projected to be almost 25 percent — actually 24.9 percent — in fiscal year 2009 even before Obama took office.
He also said “99 percent of Americans will not see their taxes go up”
In a Web video, President Barack Obama leaves out some key facts about the fiscal cliff deal, possibly leaving the wrong impression about its impact on taxpayers and the deficit:
Obama boasts that “middle-class families” will not have to “pay upwards of $2,000 more in taxes this year.” That’s accurate for income taxes, but Obama doesn’t mention that the deal allowed a payroll tax cut to expire. About 77 percent of taxpayers will pay more in taxes this year —
A fog of misinformation has settled on the fiscal cliff, as both House Speaker John Boehner and Treasury Secretary Timothy Geithner have traded conflicting, misleading and false statements in recent days on the president’s deficit-reduction plan:
Geithner falsely claimed on “Fox News Sunday” that the president’s proposals to slow Medicare growth are “not shifting costs to seniors.” There are four proposals that would increase costs to some seniors by $32.9 billion over 10 years, beginning in 2017,
The U.S. faces the possibility of another recession — the third in 11 years — if President Obama and Congress cannot find a way to avoid the so-called fiscal cliff. The one-two combination of massive tax increases and spending cuts …
With only days to go until Election Day 2012, we look here at the most egregiously false and misleading claims from the entire presidential campaign. Some examples …