NBC's Tom Costello Completely & Ignorantly Butchers Health Bill's Tax on Wealthy

(Via http://www.mediamatters.org ) NBC News correspondent Tom Costello falsely reported that the health care income surtax in the House tri-committee bill could mean a surcharge of $7,000 for those "with a taxable income of more than $350,000" and a surcharge of $15,000 for those "earning $500,000." In fact, since the surcharge rates established in the bill would apply only to the portion of a household's income that exceeds $350,000 or $500,000, respectively, families making between $350,000 and $500,000 would not pay more than $1,500, and families making between $500,000 and $1 million would not pay more than $9,000.

Category:

News & Politics

Tags:

• Tom Costello
• NBC
• right-wing media
• corporate stooge
• media matters

[MaryJesusJoseph]

Unfortunately, this is pretty much what coverage of the health bill has been like on mainstream media. They just can't be bothered with facts--they'll just report the controversy.