The second Obama-Romney debate was heated, confrontational and full of claims that sometimes didn’t match the facts. Obama challenged Romney to “get the transcript” when Romney questioned the president’s claim to have spoken of an “act of terror” …
Q: Do companies get a tax break for shipping U.S. jobs overseas?
A: Not specifically for that reason. But companies can deduct business expenses, including the cost of moving a job to another state or even out of the country.
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. In fact, she went on to say Romney “said again tonight that his plan would be paid for.”
A Romney ad claims Obama is “adding almost as much debt as all 43 previous presidents combined.”
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, and he inherited a $1 trillion-plus deficit in his first year.
Obama’s ad claims Romney’s tax plan “could take away middle-class deductions for child care, home mortgages and college tuition,”
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 and running mate Paul Ryan exaggerate when they say “five different studies” prove that all of the stated goals of Romney’s revenue-neutral tax plan could be accomplished without raising taxes on middle-income taxpayers.
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 President Obama, tweeted shortly after the speech ended: “Romney actually avoided almost all of the lies from Ryan’s speech.” That was a reference to Rep. Paul Ryan’s address the night before,
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 target of this deceptive attack from the National Republican Congressional Committee is Rep. Mike McIntyre of North Carolina, a conservative “Blue Dog” Democrat who bucked his party by voting for every extension of Bush’s cuts,
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 were indeed the bulk of Romney’s tax burden for 2010 — but Ryan dropped that specific measure from subsequent budgets. The Medicare claim, too, pertains to a less generous plan Ryan released last year,
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.
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 …