Statements about Wealth

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A feed of statements about Wealth

Recent statements involving Wealth

False

An exaggerated quote

Says President Barack Obama once said, "The American dream is to be Donald Trump"

— PolitiFact Facebook fact-checks on Monday, April 8th, 2019

Half-True

$160 million in donations, plus high taxes, knocked her off the list

Says author J.K. Rowling was the first billionaire to fall off Forbes billionaire list because of charitable giving.

— PolitiFact Facebook fact-checks on Wednesday, March 6th, 2019

Half-True

That's in 2027

Brown

With the Trump tax law, "70 percent of the benefits went to the wealthiest 1 percent."

— PolitiFact National on Tuesday, March 5th, 2019

Mostly True

Based on higher of two estimates

Warren

Elizabeth Warren

"The top 0.1 percent ... own about the same wealth as 90 percent of America."

— PolitiFact National on Thursday, January 31st, 2019

Mostly True

Fed data mostly support this idea

Schultz

"Over 40 percent of the American people don't have $400 in the bank."

— PolitiFact National on Tuesday, January 29th, 2019