Claim: The latest multimillion-dollar attack ad from Crossroads GPS claims President Obama broke a promise to not increase taxes for families making less than $250,000 a year. That's almost entirely false. The truth is that Obama repeatedly cut taxes for such families, first through a tax credit in effect for 2009 and 2010, and beginning in 2011, through a reduction in the payroll tax that is worth $1,000 this year to workers earning $50,000 a year.
Fact-check: A Bogus Tax Attack Against Obama - FactCheck.org
Verdict: the latest multimillion-dollar attack ad from crossroads gps claims president obama broke a promise to not increase taxes for families making less than $250,000 a year. that's almost entirely false. the truth is that obama repeatedly cut taxes for such families, first through a tax credit in effect for 2009 and 2010, and beginning in 2011, through a reduction in the payroll tax that is worth $1,000 this year to workers earning $50,000 a year.
Organisation: FactCheck.org
Author: Brooks Jackson
Date published: 2012-05-17T19:53:09