Fact Check: Obama Misleads on $250,000 Tax Claim

By Nitya

Sep 26, 2008 10:14pm

ABC News’ Teddy Davis and Nitya Venkataraman Report: During Friday’s presidential debate, Sen. Barack Obama provided a loose interpretation of his tax plan, saying that those making less than $250,000 a year "will not see one dime’s worth of tax increase."

It’s not entirely true.

Obama has called for higher taxes on income, capital gains and dividends for individuals making $200,000 per year; his tax plan imposes higher taxes on couples starting at $250,000 a year.

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