One of the strongest elements of Mitt Romney's spectacular debate performance was his decisive rejoinder to the president's oft-repeated allegation that the Republican plans to raise taxes on middle class families. Obama said Romney has designs on an unpaid-for $5 trillion tax cut that would eventually necessitate higher tax bills for average Americans. Romney flatly rejected the claim by calling it false, then explained what he actually has in mind. But the president returned to the "$5 trillion" well on several subsequent occasions, prompting more rebuttals from his challenger. FactCheck.org and CNN reviewed Obama's accusation, and found it wanting....
In response to:
http://www.heritage.org/federalbudget/top10-percent-income-earners http://www.heritage.org/federalbudget/national-debt-skyrocket http://www.heritage.org/federalbudget/obama-budget-hikes-taxes http://www.heritage.org/federalbudget/entitlements-historical-tax-levels http://www.heritage.org/federalbudget/entitlement-spending-double Sources: Heritage Foundation calculations based on data from the Office of Management and Budget and the U.S. Department of the Treasury.
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