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While the President cut taxes for families, Romney would raise taxes on many middle-class families

Struggling to beat back criticism that he benefits from a broken tax system, Mitt Romney lobbed a misleading attack on President Obama, claiming that the President is somehow running on a platform of “higher taxes” for middle-class families and small businesses.

 

The facts, however, do not support Romney’s claim:

The President’s Buffett Rule actually asks that millionaires not pay a lower tax rate than many middle-class families already pay. Today’s income tax rates are low relative to the rates of the past century, especially for top income brackets.

But not only does Romney oppose having wealthy Americans pay their fair share, he is pushing policies that actually raise taxes on middle-class Americans. Romney’s proposed tax plan would leave 18 million middle- and low-income families a year facing a tax increase.