Sunday, November 23rd, 2014

Fact-checking taxes in the presidential race

Where do the candidates stand on taxes?
Where do the candidates stand on taxes?

President Barack Obama made this charge at the first presidential debate: "Gov. Romney’s central economic plan calls for a $5 trillion tax cut, on top of the extension of the Bush tax cuts."

Not so, Mitt Romney said, repeatedly: "First of all, I don’t have a $5 trillion tax cut. … I’m not looking to cut massive taxes and to reduce the revenues going to the government. … I’m not looking for a $5 trillion tax cut."

So which is it?

PolitiFact dug in. See its look here.
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