The Truth-o-Meter says: Mostly True | Barack Obama says taxes on families are at their lowest point in 50 years
In an interview with CBS’ 60 Minutes that aired on Sept. 23, 2012, President Barack Obama defended his economic policies of the past four years, including his tax policies. Interviewer Steve Kroft noted that on the campaign trail, Mitt Romney has been arguing that Obama is "crushing economic freedom with taxes, regulations and high-cost health care." Obama responded, "Yeah, well, it's a lot of rhetoric, but there aren't a lot of facts supporting it. Taxes are lower on families than they've been probably in the last 50 years. So I haven't raised taxes. I've cut ...
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