Fact Check Destroys Pres. Obama’s Claim He Didn’t Raise Taxes

"I didn't raise taxes once. I lowered taxes over the last two years," Obama said.

We wanted to fact-check that statement, and we'll begin by saying Obama boils down an awful lot of complexity about federal tax policy into a short sound bite.

Looking at the whole statement, he's both right and wrong. For clarity's sake, we're going to take Obama's statement in two parts. Here, we'll look at his statement, "I didn't raise taxes once." In a separate report, we'll look at his statement, "I lowered taxes over the last two years." READ MORE...