The Second Presidential Debate featured repeated claims by each candidate that the other was not telling the truth–as well as at least one claim of fact by the moderator that turned out to be false. There were even questionable claims by the audience itself. Here are the top ten worst lies told during the Second Debate:
10. “I told you I would cut taxes for middle-class families, and I did. I told you I’d cut taxes for small businesses, and I have.” President Barack Obama has made this claim repeatedly during the campaign, but it is not true, as even the liberal Huffington Post acknowledges. The few tax cuts that Obama did enact–such as the temporary payroll tax holiday–were short-term, or conditional. Furthermore, as the Romney campaign has often pointed out, Obama has raised many taxes on the middle class, including the infamous Obamacare “penalty,” and his taxes on “millionaires and billionaires” would hit small businesess.
9. “…[H]e was asked, is it fair for somebody like you, making $20 million a year, to pay a lower tax rate than a nurse or a bus driver….And he said, yes, I think that’s fair.” Obama was referring to Romney’s recent 60 Minutes interview. But the transcript reveals Obama was not telling the truth. Romney was not saying it was fair that higher income should be taxed at a lower rate. He was referring specifically to the principle that capital gains should be taxed lower than other income because it has been taxed once already–a principle, incidentally, that Obama agrees with in his own tax policy.