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Fact check: Obama camp misleading voters on Romney's taxes

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    Washington Post fact checker Glenn Kessler explains

  • Duration 4:04
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The reason why these SEC filings are interest -- and then possibly important is that.

If these filings establish that.

Perhaps he was.

More involved and -- capital -- he's previously stated then.

Perhaps there's a contradiction there.

Mitt Romney's history of being capital is just one of the things that he's fighting the Obama campaign on another one is his taxes recently president Obama's campaign tweeted.

Fact in 2010 and 2011 Romney paid less than 15% in taxes on 42 point five million dollars -- income.

Much less than what many middle class families bag but is that really backed.

Here to help us sort it all out is Glenn Kessler he is the Washington Post fact check good to see you glad that he was a breakdown that -- -- is Mitt Romney really paying less in tax and most middle class Americans.

Well you know they used -- anything which you know the with the way the Obama campaign talks about it DR three million.

Americans that that -- pay higher rate than well me does you know overall during that period but.

It's not most -- -- -- this tax rate is effective tax rate.

Is actually hired and about 80% of Americans paying taxes it's actually many Americans don't pay a lot of tax so the Obama campaign very specific in the way Parse his words yup well yes and it's that's how all campaigns do -- it's it's.

It makes for an effective attack.

When when you get down to it.

You know one reason why Romney has of putting low effective tax rate is -- he -- three million dollars the year it to charity.

Which brings down as effective tax rate by about four or five percentage points right so you've got a lot of money -- you're giving a lot of it away and lot of its investment.

That's what the law is so is is he paying his fair share rights right right and into the -- border -- -- -- to also bring this up is this Mitt Romney is only given has only released.

You know essentially won two years of tax returns and they're trying to get him that would wings went right so I read your column this morning sorry are you would an undisclosed location these days are you hiding in the Cheney -- -- Well I'm I'm doing fine did they do get few nasty tweets.

From here -- -- -- you've got a lot of -- mostly because of your fact checking on this claim that the Obama campaign.

Is making that Mitt Romney was still in charge of being capital between 1990.

Nine and 2001 -- 2002.

And and therefore he may be lying when he saying that he didn't have anything to do with being which may be a felony.

What did you find out well I've looked very carefully at this and part of that was the reason why it's important is that between 1999 and 2002.

There were a number of business deals to being capital did.

That you don't didn't turn out very well and if you could -- Romney was in charge.

You don't to 2002 you could put all sorts of outsourcing and all sorts of bankruptcies on his watch.

The question is what you personally involved those transaction and was.

I cannot find evidence that he was involved there are SEC documents where he is listed as.

You know chairman chief executive being and there are a few six that I found that he signed.

But you look at other records and you see that he really -- -- the Boston.

Election commission said that he was working six hours a day six days twelve hours days six days -- week.

You know on the Olympics Olympics so this idea that if he was in charge of -- when he said he was it might be a felony that actually.

Emanated from your -- what did you mean when you -- that -- he signed that he submitted a the reports reveal what to do your personal election commission report.

Did the -- in his history and his finances and in there he -- I have nothing to do with being after February 1999.

You could see his signature on the front of her page she says I've signed this and a penalty of perjury so that is really them.

If you if you committed a crime that would be where it is the most recent filing as opposed to these as -- documents.

That I think have a bit of a red Herring Glenn thanks for coming in today really appreciate it we'll keep watching your -- closely.

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