The Urban-Brookings Tax Policy Center estimates that, on average, Americans’ taxes would rise about 7.5% if the 2017 tax cuts are allowed to fully expire at the end of the year. But President Donald Trump has repeatedly claimed that if the Republican budget bill, called the One Big Beautiful Bill Act, doesn’t pass, Americans “will get a 68% tax increase.”
With the Republican-controlled Congress moving forward with President Donald Trump’s call to extend the 2017 individual tax cuts, Democrats and Republicans are spinning the facts about who would benefit. Several Democrats have framed the tax cuts as exclusively benefiting billionaires, while Trump has suggested everyone in America would see a tax cut.
In his farewell address to the nation and in other recent remarks, President Joe Biden has repeated claims that are misleading or need additional context.
In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on Social Security benefits to lowering the corporate tax rate. We’ll look at Trump’s tax proposals, their cost and what impact they could have on taxpayers.
Less than a month after we wrote about a misleading ad that used out-of-context quotes to attack Vice President Kamala Harris on taxes, former President Donald Trump’s campaign has released another anti-Harris ad drawing from the same deceptive political playbook. This time, the campaign used distorted quotes from news outlets to criticize Harris on taxes, illegal immigration and other issues.
In his third campaign for the nation’s top office, former President Donald Trump’s closing messages have run the gamut, touching on the economy, immigration, the military, crime, taxes and more. In lengthy speeches, he rattles off a stream of claims. We reviewed Trump’s remarks from Oct. 18 through Oct. 22.
Both presidential candidates appeared on Fox News on Oct. 16 — former President Donald Trump in a town hall with women voters in Georgia and Vice President Kamala Harris in an interview with Bret Baier. We fact-checked their remarks.
Former President Donald Trump is proposing to lower the federal corporate tax rate to 15%, insisting that when he lowered it to 21% starting in 2018, revenues received by the government actually went up due to economic growth it spurred. Economists say that’s not what happened.
In a classic example of how political ads mislead viewers by using out-of-context quotes, a TV ad from former President Donald Trump’s campaign cites the New York Times as saying Vice President Kamala Harris “is seeking to significantly raise taxes.” Period, end of sentence. The rest of that sentence in the Times said: “on the wealthiest Americans and large corporations.”
Despite a mostly civil debate between Sen. JD Vance and Minnesota Gov. Tim Walz, the two disagreed repeatedly not just on policy, but also on the facts. We referee some of those competing claims, and other factual missteps by the vice presidential candidates.