About us Login Get email updates
Research
Print

Blitzer did not challenge Pawlenty's false claim that under Obama plan, taxes will increase if "you have an IRA or a 401(k)"

June 23, 2008 7:55 pm ET

Please upgrade your flash player. The video for this item requires a newer version of Flash Player. If you are unable to install flash you can download a QuickTime version of the video.

EMBED

SUMMARY: On Late Edition, Wolf Blitzer did not challenge Gov. Tim Pawlenty's false claim that under Sen. Barack Obama's proposal to increase the capital gains tax rate, "if you have an IRA or a 401(k), which a lot of middle Americans do, and you go to retire or, you know, use that money, you're going to pay almost double the rate in taxation." In fact, most distributions from retirement accounts are taxed as regular income, not as capital gains.

Comments

Return to the full post.