Fact Check: Obama's Biggest Truths and Burning Lies
Claim: Mitt Romney Paid Less Taxes Than You
False: An Obama campaign ad charged that Romney "made $20 million dollars in 2010, but paid only 14 percent in taxes — probably less than you," but fact-checkers say that's not telling the whole story. “If you look at income taxes only, Obama’s statement is not true for most Americans. If you add in payroll taxes, however, it is probably true for lots of people,” Eric Toder, co-director of the Urban-Brookings Tax Policy Center, told Factcheck.org.