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Does Obamas Tax Cut Plan ReduceTaxes for 95 Percent of Working Families?

April 26, 2017Barack Obama cut Families Obama percent Plan tax working

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Does Obamas Tax Cut Plan ReduceTaxes for 95 Percent of Working Families?

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Does Obama’s Tax Cut Plan ReduceTaxes for 95 Percent of Working Families?Answer: FactCheck.org obtained information from Len Berman, director of the nonpartisan Urban-Brookings Tax Policy Center (TPC). The TPC estimates that Barack Obama’s plan would: • Cut taxes for 81.3 percent of all households, and • Provide a tax cut to 95.5 percent of all households with children. Barack Obama did not vote to increase taxes on families earning as little as $42,000 per year as has been stated by the McCain/Palin camp.