Media Matters for America: Media outlets uncritically repeat McCain's false claim that Obama would raise taxes on 23 million small businesses
On July 7, washingtonpost.com's The Trail, CNN, and CBSNews.com each repeated Sen. John McCain's assertion during a Denver town hall meeting earlier that day that -- "If you are one of the 23 million small business owners in America who files as an individual rate payer, Senator Obama is going to raise your tax rates" -- without noting that the claim is false. In fact, Obama has proposed rolling back President Bush's tax cuts only on "people who are making 250,000 dollars a year or more"; according to the nonpartisan Tax Policy Center's table of 2007 tax returns that reported small-business income, 481,000, not 23 million, of those returns are in the top two income tax brackets -- which include all filers with taxable incomes of more than $250,000.
As Media Matters for America has repeatedly documented, media outlets similarly uncritically reported McCain's false suggestion in a June 10 speech that Obama would raise taxes on 21.6 million sole proprietorships filing under the individual income taxes....
http://mediamatters.org/items/200807080010?f=h_latest