CNN Thinks Only The Top Five Percent Of
Americas Income Earners Count
http://thinkprogress.org Tuesday, August 12, 2008
In an interview with former NBA star Charles Barkley today, CNN host Wolf Blitzer discussed the respective tax plans being offered by Sens. Barack Obama and John McCain. This is the on-screen graphic that CNN displayed during the interview, which the network represented as the average tax bill change:
The graphic above only displays the average tax change on incomes above $161,000 the top five percent of income earners in the nation. The graphic is therefore deceptive and misleading, as it suggests that McCains tax plan offers a greater benefit than Obamas. In reality, for most Americans, Obamas tax plan would offer three times the benefit.
Heres the impact of McCain and Obamas tax plan on incomes below $161,000 the part that CNN left out: