WSJ's Drucker fails to note Obama would only increase capital gains taxes on individuals making more than $250,000
July 24, 2008 5:11 pm ET
SUMMARY: The Wall Street Journal's Jesse Drucker wrote that Sen. Barack Obama has said he will "seek to raise" the capital gains tax to "at least 20%, the rate before the 2003 cut, and possibly higher." In fact, Obama has said he would not raise the capital gains tax on individuals with income of less than $250,000 -- a fact noted by WSJ reporter Tom Herman in an "Ask Dow Jones" Q-and-A.






