Reuters news service has pulled a story claiming that President Barack Obama’s budget would raise taxes on the middle class starting this year.
The story made waves in conservative media circles after it was posted online on Monday afternoon, with the Drudge Report linking to it under the headline “Backdoor taxes to hit middle class.”
But, as TalkingPointsMemo reports, the news service pulled the story after it was contacted by White House officials who pointed out the article’s claim Obama’s budget allowed Bush-era middle-class tax cuts to expire was incorrect.
In an “advisory,” Reuters said the story has been “withdrawn” and “there will be no substitute story.”
The story was reportedly pulled offline around 8 pm Monday, but a version of the story on Yahoo!’s Canadian Web site was still available Tuesday afternoon.
The story stated:
In the 2010 budget tabled by President Barack Obama on Monday, the White House wants to let billions of dollars in tax breaks expire by the end of the year — effectively a tax hike by stealth.
While the administration is focusing its proposal on eliminating tax breaks for individuals who earn $250,000 a year or more, middle-class families will face a slew of these backdoor increases.
‘The president isn’t above the law’: Supreme Court expected to rule on two key Trump cases on Thursday
Can Donald Trump refuse to hand over his financial records to Congress and New York prosecutors simply because he is president of the United States? The Supreme Court will rule Thursday on two related cases to answer this, with potentially widespread political implications.
The decision by the nine justices could lift the veil on Trump's finances ahead of the November 3 election.
Unlike all of his predecessors since Richard Nixon in the 1970s, New York real estate mogul Trump refused to release his tax returns, despite promising to do so during his 2016 White House campaign.
Trump made his fortune a key component of that campaign, and his lack of transparency raises questions about his true worth and possible conflicts of interest.
Australia offers safe haven to Hong Kongers, sparking China fury
Australia offered pathways to permanent residency for thousands of people from Hong Kong on Thursday in response to China's crackdown on dissent, drawing a furious reply from Beijing.
Prime Minister Scott Morrison said his government was suspending its extradition agreement with the city and, in addition to extending the visas of 10,000 Hong Kongers already in the country, threw open the door to thousands more wanting to start a new life Down Under.
Morrison said the decisions were taken in response to China's imposition last week of a tough new security law in Hong Kong, which he said "constitutes a fundamental change of circumstances" for the semi-autonomous territory.
‘Glee’ star Naya Rivera missing, feared drowned
"Glee" star Naya Rivera is missing and feared drowned at a California lake, local officials said, with rescuers to continue a search for her on Thursday.
The Ventura County Sheriff's office earlier tweeted it was looking for a "possible drowning victim" at the lake, and said a dive team was being deployed to the area.
Rivera, 33, is best known for her role as high school cheerleader Santana Lopez in "Glee", the TV series that she starred in for six seasons.
She rented a boat on Wednesday to take her four-year-old son onto Lake Piru, northwest of Los Angeles, local media cited the County Sheriff as saying.