fred was retweeted!Obama claimed Romneys plan would cut his own taxes while raising them on 18 million working families.
The Tax Policy Center found that, indeed, even with a 20 percent rate cut, 18 million people would find themselves in a gap where the rate cut wouldnt offset the loss of benefits from the Obama tax cuts Romney would let expire. That is, theyd end up paying more (or getting less in refunds) without the expanded child credit, EITC and education credit.
Romney has not explicitly said he wants those tax cuts to end, but his lack of support for extending them means there would be an increase on the 18 million people. Obama's statement is accurate but needs additional information. We rate it Mostly True.
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Biden's bizarre performance, aided and abetted by bow wow Raddatz, clearly shows that the left wants a communist dictatorship