back door taxes
- Thread starter RAYMOND
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Reuters Withdraws 'Backdoor Taxes To Hit Middle Class' Story Linked By Drudge Report
Gillian Reagan | Feb. 2, 2010, 12:00 PM | <NOBR>7,788</NOBR> | <NOBR title=comments>
31 </NOBR>Tags: News, Money Media, Economy, Barack Obama, Regulation, Federal Reserve, Media
So what happened?
According to a Reuters rep, the was withdrawn "due to significant errors of fact."
"The story was wrong on multiple points and should not have gone out," she emailed us. A formal withdrawal will issued will address specific points that were incorrect later today.
UPDATE: A White House offical told Talking Points Memo that administration aides appealed to Reuters to take it down.
The original link lead clickers to an article posted on Monday, Feb. 1 at 4:09 p.m. which reads, in part:
While the administration is focusing its proposal on eliminating [COLOR=#1d637d !important][FONT=arial, helvetica, sans-serif][COLOR=#1d637d !important][FONT=arial, helvetica, sans-serif]tax [/FONT][COLOR=#1d637d !important][FONT=arial, helvetica, sans-serif]breaks[/FONT][/COLOR][/FONT][/COLOR][/COLOR] for individuals who earn $250,000 a year or more, middle-class families will face a slew of these backdoor increases.
...
Millions of middle-class households already may be facing higher taxes in 2010 because Congress has failed to extend tax breaks that expired on January 1, most notably a "patch" that limited the impact of the alternative minimum tax. The AMT, initially designed to prevent the very rich from avoiding [COLOR=#1d637d !important][FONT=arial, helvetica, sans-serif][COLOR=#1d637d !important][FONT=arial, helvetica, sans-serif]income [/FONT][COLOR=#1d637d !important][FONT=arial, helvetica, sans-serif]taxes[/FONT][/COLOR][/FONT][/COLOR][/COLOR], was never indexed for inflation. Now the tax is affecting millions of middle-income households, but lawmakers have been reluctant to repeal it because it has become a key source of revenue.
At 8:07 p.m. last night, Reuters posted another article: "The story Backdoor taxes to hit middle class has been withdrawn. A replacement story will run later in the week."
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Had to get out of google search and go to bing to find this--
Bullshit.
There were links from what Ray posted. He just does not know how to post links.
Yeah all the stories were pulled from media sources.
Bullshit.
There were links from what Ray posted. He just does not know how to post links.
Yeah all the stories were pulled from media sources.
we did not ask youkurby
