On NBC's Nightly News, Chuck Todd reported that President Obama "drew more criticism from Republicans [...] thanks to a new report claiming the stimulus will take years, not months, to improve the economy" and aired a clip of House Minority Leader John Boehner criticizing the stimulus plan. However, Todd did not mention the Democratic leadership's response: that the Congressional Budget Office report ignored faster-moving provisions in the stimulus, creating a "false impression" of the plan's effects.
On The O'Reilly Factor, Dick Morris repeatedly criticized Treasury Secretary-designate Timothy Geithner for his failure to pay Social Security taxes several years ago. But Morris has his own history of tax delinquency; USA Today included Morris in an April 2008 report on "[b]ig names" who are tax delinquents.
Fox News' Sean Hannity falsely claimed that President-elect Barack Obama's economic plan gives money to "people that don't pay any taxes," echoing the oft-repeated myth from the presidential campaign that Obama's proposed tax cuts would go to people who don't pay taxes. In fact, Obama has proposed giving the tax credit to "working families," which means they do pay Social Security and Medicare taxes.
In recent days, Fox News anchors and contributors have falsely asserted, repeatedly, that people who don't pay taxes would be eligible for a $500 individual tax credit included in President-elect Barack Obama's proposed economic recovery plan, echoing an oft-repeated myth from the presidential campaign that Obama's proposed tax cuts would go to people who don't pay taxes. In fact, Obama has proposed a tax credit for working Americans, meaning they do pay Social Security and Medicare taxes.
Fox News' Shepard Smith falsely suggested that a $500 individual tax credit, reportedly included in President-elect Barack Obama's proposed economic recovery plan, would benefit people who don't currently pay taxes, asking, "I know we don't know the details yet, but $300 billion in tax cuts -- how do you cut taxes on people who don't pay taxes?" In fact, all American workers are required to pay taxes on their wages for Social Security and Medicare under the Federal Insurance Contributions Act.
In an article about President-elect Barack Obama's meetings with members of Congress to discuss a stimulus package, The Hill's Mike Soraghan asserted, "To the surprise of some, congressional liberals offered up little initial resistance to the sudden turn to tax cuts." But in referring to Obama's purported "sudden turn to tax cuts," Soraghan ignored Obama's promise of tax cuts during the campaign, nor did Soraghan quote or name one person expressing "surprise" that "congressional liberals" would support tax cuts as part of a stimulus plan.
In recent weeks, several conservative media figures, echoed by Republican lawmakers, have responded to comparisons in the media of President-elect Barack Obama to FDR, or assertions in the media that a New Deal-level of government intervention will be necessary to resolve the current economic crisis, by asserting that the New Deal was a dismal failure, plunging the 1930s economy into a depression, an assertion that prominent progressive economists flatly reject.
An Augusta Chronicle editorial supporting the "Fair Tax," a proposal that "replaces all federal income and payroll based taxes" with a national sales tax, falsely stated that under the "Fair Tax" people will "get their entire paycheck." In fact, Georgia residents would still have to pay the Georgia income tax, which is withheld from their paychecks.
The Washington Times falsely suggested that Gov. Bill Richardson said Sen. Barack Obama would raise taxes on Americans making more than $120,000, stating that Sen. John McCain "continued to hammer the Democrat over his plan to tax Americans making more than $250,000 -- a number that has crept down, first to $200,000, then to $150,000 and finally to $120,000." In fact, the number hasn't "crept down," and during the interview to which the Times was referring, Richardson said that under Obama's plan for "those in the middle class, anybody under $250,000, there is no tax increase."
The New York Times quoted McCain spokesman Jeff Sadosky saying: "Barack Obama's plans to raise taxes on small businesses and his attacks on Midwestern family farmers have turned off rural voters." But the Times did not point out that less than 2 percent of taxpayers declaring small business income would see a tax increase in 2009 under Obama's plan, according to estimates by the Tax Policy Center.
ABC's Robin Roberts did not challenge Sen. John McCain's claim that Sen. Barack Obama "wants to raise people's taxes" -- a claim that McCain's own chief economic adviser reportedly said is inaccurate.
An October 28 McClatchy Newspapers article reported that Sen. John McCain "hammered" Sen. Barack Obama "as someone who'd ... rais[e] taxes on small businesses, much like the plumbing business in Ohio that 'Joe the Plumber' Wurzelbacher said he wanted to buy someday." In fact, McClatchy itself noted in an October 18 article that Wurzelbacher would not likely see a tax increase under Obama's plan if he bought the plumbing business.
After airing video of Gov. Sarah Palin's misleading assertion that Sen. Barack Obama "voted 94 times for higher taxes," Fox News' Shepard Smith affirmed Palin's claim, saying, "Well, they'll [Democrats] argue with that, but I guess down to its core, that's true." However, Smith offered no support for his purported confirmation of Palin's assertion, and FactCheck.org has described the claim as "inflated" and "padded."
Fox News' Gretchen Carlson falsely claimed that "roughly 40 percent" of Sen. Barack Obama's plan to cut taxes "is a handout to people who do not pay taxes." In fact, all American workers are required to pay taxes on their wages for Social Security and Medicare, and according to an Obama economic adviser, "every person that receives a tax cut under Barack Obama's plan is working."