Taxes Archives - Page 22 of 35

Spotlight On: John Totten

March 28, 2012

John Totten said he often looks out for his friends and family by emailing them FactCheck.org articles.
When he came across a conservative group’s TV ad about North Carolina’s budget battle, Totten thought of a cousin who lives in that state and uploaded the video to Spin Detectors.
We found that Americans for Prosperity omitted some important information in its ad attacking the Democratic governor and praising the Republican-controlled state legislature. For example, the ad says the legislature added state funding for “2,000 more teachers” and that its budget “adds teachers.” But the legislature’s increased funding didn’t make up for the loss of federal money and discretionary state funds that local districts use to hire teachers.

Does House Budget Plan Cut Taxes or Not?

March 26, 2012

Rep. Paul Ryan says the House Republican budget plan does not cut taxes. White House senior adviser David Plouffe says not only does it cut taxes, but it “showers huge additional tax cuts on the wealthy.” Who’s right? It depends on the details of the final plan, but a nonpartisan analysis shows Ryan’s plan likely would reduce taxes for high-income taxpayers.
The does-too/does-not virtual debate between Ryan and Plouffe played out March 25 across a few of the Sunday morning talk shows.

Another Bogus ‘New Taxes’ Claim

February 14, 2012

It didn’t take long after President Obama released his latest budget for the oil lobby to pick up the misleading cry that it’s being targeted for “new taxes.” That’s mostly not true. Energy Tomorrow, a project of the American Petroleum Institute, ran a print ad in Washington, D.C.’s Politico Feb. 14 asking, “Guess who’ll pay for new energy taxes?”
The problem with that rhetorical question is that most of the “new taxes” are actually a proposed end to some old tax breaks —

The Gingrich Counterattack in Florida

January 27, 2012

Now comes the counterattack.
After weeks of taking it on the chin in Florida without throwing a punch, the Gingrich side has finally begun to fight back with TV attack ads of its own.
Among the new ads is one from a pro-Gingrich super PAC that takes the personal attacks to a new level, suggesting Romney was associated personally with “illegal activity” in a massive Medicare fraud in the 1990s. The fact is Romney was never accused of wrongdoing in that case.

Gingrich’s Plan: Nearly Zero Tax for Romney

January 18, 2012

Newt Gingrich joked that he ought to rename his proposed 15 percent flat tax the “Mitt Romney Flat Tax,” so “all Americans would pay the rate Mitt Romney paid.” Actually, not all Americans. Under Gingrich’s tax plan, Romney would likely pay closer to zero percent.
Although he has not released his tax records, Romney this week revealed an approximation of his effective tax rate:
Romney, Jan. 17: What’s the effective rate I’ve been paying? It’s probably closer to the 15 percent rate than anything.

And Then There Were Five …

January 17, 2012

In a spirited debate, Republican candidates variously strained the facts on President Obama’s record on trade, tangled with each other over a misleading ad about allowing felons to vote, and erred on the history of the federal income tax.
Otherwise, the five remaining GOP presidential candidates pretty much stuck to the facts as they debated Jan. 16 at the Myrtle Beach Convention Center in Myrtle Beach, S.C. The event was sponsored by Fox News and the Wall Street Journal.

Gingrich Makes a French Connection

January 13, 2012

Newt Gingrich attacks Mitt Romney once again, this time in a Web video that bashes Romney for raising taxes, giving money to Democrats (back in 1992) and — sacre bleu! — speaking French. But a few of the claims, besides the French one, could use some context.
The one-minute video says that Romney “donated to Democrats.” That’s true, but voters might want to know that he gave a total of $1,500 to three congressional candidates 20 years ago,

Gingrich’s ‘Baloney’-filled Attacks on Romney

January 11, 2012

Newt Gingrich is out with two new attacks on Mitt Romney: an ad airing in South Carolina that tries to brand Romney as a “pro-abortion” governor, and a nearly three-minute Web video that gauges Romney statements on a “Baloney-O-Meter.” We found a bit of baloney in both …

Promises, Promises

January 4, 2012

President Barack Obama’s reelection campaign is circulating a video of promises the then-candidate made during an Iowa caucus victory speech in January 2008, claiming he kept the promises he made that night. Not quite.
To be sure, the president signed a major health care law, ended the long war in Iraq and signed multiple “middle-class” tax cuts, just as his campaign boasts.
But the health care law isn’t expected to make insurance “affordable and available to every single American,”

The Whoppers of 2011

December 20, 2011

Despite what you may have heard in 2011: The new health care law won’t cost many jobs (and they’ll be poorly paying jobs at that). Republicans aren’t proposing to “end” Medicare (and Democratic Sen. Ron Wyden has signed onto a modified version …