Fact Check: Obama’s $3,600 tax cut

Obama says he has cut taxes by $3,600. But he makes it sound like it is one big tax cut.

The $3,600 figure is over four years — $800 in each of 2009 and 2010 due to the Making Work Pay tax credit and $1,000 in each of 2011 and 2012 due to a Social Security payroll tax cut.

Obama makes it sounds as though workers got a $3,600 cut every year. But the Making Work Pay tax credit has expired and Obama has not promised to extend the payroll tax cut, meaning that people’s taxes will go up next year even if he succeeds in his effort to extend Bush-era tax cuts for those earning less than $250,000 a year.

Glenn Kessler has reported on domestic and foreign policy for more than three decades. He would like your help in keeping an eye on public figures. Send him statements to fact check by emailing him, tweeting at him, or sending him a message on Facebook.
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David Beard · October 16, 2012