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CNN's Henry falsely suggested Obama's tax proposals would affect taxpayers in all income brackets

March 04, 2009 1:20 pm ET

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SUMMARY: On CNN's Lou Dobbs Tonight, Ed Henry falsely suggested that President Obama's proposals to allow the Bush tax cuts to expire and to increase the capital gains tax rate would affect taxpayers in all income brackets. In fact, Obama has proposed allowing the Bush tax cuts to expire -- and increasing the capital gains tax rate -- only for individuals earning more than $200,000 in income and for joint filers earning more than $250,000 per year.

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