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My friend, Adam Radman, at Americans for Tax Reform sent me the following “Myth vs. Fact” news release that compares myths espoused by Barack Obama during his half-hour infomercial last night and economic realities:
HOW DO YOU GIVE A TAX CUT TO NON-INCOME TAXPAYERS?
Myth: “As president, here’s what I’ll do. Cut taxes for every working family [...]
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Americans for Tax Reform today questioned the accuracy of the new tax calculator found on Democratic Party presidential nominee Barack Obama’s campaign web site. Among the calculator’s major errors/misleading statements are the following:
The forgotten tax hike. By its own admission, the tax calculator ignores the unprecedented imposition of Social Security payroll taxes on small business [...]
Tags: · americans for tax reform, atr, bait and switch, Barack Obama, carter administraton, Charlie Gibson, college credit, deceiving voters, Democratic Party, forgotten tax hike, income tax liability, major errors, marginal tax rate, misleading statements, Obama, obama administration, obama tax hike, presidential nominee, refundable credits, retirement savings credit, Small Business, small business profits, small business tax hike, social security payroll taxes, social security tax rate, spending, tax cuts, Tax Foundation, Tax Reform
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