IBD editorial quoted Will's false claim after Newsweek issued correction
May 21, 2008 5:28 pm ET
SUMMARY: In criticizing Sen. Barack Obama for proposing to "lift[] the tax cap on earnings subject to the 12.4% Social Security tax, which now covers only the first $102,000," an Investor's Business Daily editorial quoted a false assertion made by George Will that a "Chicago police officer married to a Chicago public-school teacher, each with 20 years on the job, have a household income of $147,501, so you (Obama) would take another $5,642 from them." Newsweek issued a correction of Will's false claim the day before the IBD editorial appeared.
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