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Live blog: First debate between President Obama and Mitt Romney

  • FACT CHECK: Romney economic plan: Romney adamantly rejects the idea he has proposed more tax cuts for the wealthy and that he wants to lower individual tax rates because it could benefit small business.

    While this is much debated, Romney’s plan would cut taxes but also eliminate tax deductions, which he has said make it revenue neutral. The nonpartisan Tax Policy Center has drawn a different conclusion, saying it would decrease taxes for the wealthy but increase taxes for the middle class.
    by Megan Woolhouse, Globe Staff edited by Teresa Hanafin 10/4/2012 1:35:15 AM
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