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Stephanopoulos left unchallenged McCain's assertion that "every time you have cut capital gains taxes, revenues have increased"

April 22, 2008 5:17 pm ET

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SUMMARY: This Week's George Stephanopoulos did not challenge Sen. John McCain's assertion that "history shows every time you have cut capital gains taxes, revenues have increased -- going back to Jack Kennedy." Stephanopoulos did not note that, notwithstanding a potential short-term revenue increase, many economists have challenged the claim that revenue goes up over the long term as a result of capital gains tax rates being cut.

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