FactChecking the Second Democratic Debate
Summary
The three Democratic presidential candidates faced off on a Saturday night, and made several inaccurate claims:
Former Maryland Gov. Martin OMalley said that in President Reagans first term, the highest marginal income tax rate was 70 percent. But Reagan signed a bill in his first year dropping that to 50 percent, and it dropped again to 28 percent in his second term.
Vermont Sen. Bernie Sanders said that the U.S. has more income and wealth inequality than any major country on earth. But Israel, Brazil and Chile have both greater income and wealth inequality, and more countries beat the U.S. in one of the measures.
Former Secretary of State Hillary Clinton wrongly said that wages havent risen since the turn of the last century. Real average weekly earnings of rank-and-file workers rose 7.2 percent since 1999.
Sanders repeated his talking point about billionaires paying an effective tax rate lower than nurses or truck drivers. That may be the case for some in those professions, once we factor in payroll taxes, but its not accurate for all.
When Clinton cited Princeton economist Alan Kruegers support for her minimum wage proposal, OMalley called him a Wall Street economist. Hes not. OMalley boasted that Maryland was the only state to freeze college tuition four years in a row. This year, Maine did so as well.
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