With a plummeting stock market grabbing headlines, Barack Obama tackled the economy in a speech in Elko, Nev.
"Change means a tax code that doesn’t reward the lobbyists who wrote it, but the American workers and small businesses who deserve it," Obama said. He then went through a litany of his tax proposals, including, "I will cut taxes — cut taxes — for 95 percent of all working families."
We've checked out many claims on taxes. It's a subject area that's ripe for distortion and attack.
But with this affirmative claim, Obama appears to be on solid ground. (more)