PolitiFact

Jon Brien stated on March 22, 2011 in a news release:

Woonsocket needs a garbage-burning power plant because "residents are paying through the nose for electricity that’s fueled by foreign oil, at prices that are skyrocketing."

By Peter Lord• March 27, 2011

Jane Timken stated on April 13, 2022 in a campaign ad:

Joe Biden's spending “has sent prices skyrocketing."

By Jon Greenberg• April 20, 2022

Bill McCollum stated on June 10, 2010 in a statement from his campaign:

Rick Scott's former health care company, Columbia/HCA, committed "fraud."

By Aaron Sharockman• June 10, 2010

Ben Bius stated on February 09, 2010 in a radio advertisement.:

Says state Sen. Steve Ogden was the "driving force behind business income tax hurting small business, crafted the Robin Hood school finance scheme making property taxes skyrocket, wrote a budget that will result in a $14 billion deficit and voted against" gun freedoms.

By W. Gardner Selby• February 17, 2010

Travis Allen stated on March 08, 2018 in :

"Homelessness has skyrocketed across California. We have the nation’s highest homelessness rate and the nation’s highest homeless population."

By Chris Nichols• March 27, 2018

Barack Obama stated on January 25, 2011 in the State of the Union address:

"Two years after the worst recession most of us have ever known ... corporate profits are up."

By Louis Jacobson• January 26, 2011

Bob Casey stated on August 22, 2024 in a speech at the 2024 Democratic National Convention:

“Prices are up because these corporations are scheming to drive them up.”

By Madison Czopek• August 28, 2024

Donald Trump stated on August 01, 2017 in a tweet:

"Corporations have NEVER made as much money as they are making now."

By Louis Jacobson• August 1, 2017

Barack Obama stated on May 14, 2012 in a TV ad:

After they bought GST Steel, "Mitt Romney and his partners loaded it with debt, closed the Kansas City plant and walked away with a healthy profit, leaving hundreds of employees out of work with their pensions in jeopardy."

By Becky Bowers, Molly Moorhead• May 16, 2012

John McCain stated on June 17, 2008 in a speech on energy in Houston:

Obama "wants a windfall profits tax on oil to go along with the new taxes he also plans for coal and natural gas."

By Bill Adair• June 18, 2008

Erica Smith stated on December 30, 2021 in a tweet:

“Corporate profit margins are at their highest point in 70 years. … They’re overcharging us for gas, medicine, and groceries, and pocketing the difference.”

By Paul Specht• January 7, 2022

Bernie Sanders stated on August 27, 2014 in a meme on social media:

"In 1952, the corporate income tax accounted for 33 percent of all federal tax revenue. Today, despite record-breaking profits, corporate taxes bring in less than 9 percent."

By Louis Jacobson• August 28, 2014

Bernie Sanders stated on September 24, 2013 in a segment of CNN's "Crossfire":

"One out of four corporations doesn't pay a nickel in (federal income) taxes."

By Jon Greenberg• September 26, 2013

Robert Reich stated on August 29, 2011 in an opinion column:

"The ratio of corporate profits to wages is now higher than at any time since just before the Great Depression."

By Louis Jacobson• September 1, 2011

Christina Blackcloud stated on January 23, 2021 in a tweet:

The school voucher bill the Iowa Legislature is considering would "give your education tax dollars to corporations."

By Seth Taylor• February 4, 2021

George Allen stated on June 14, 2011 in a speech.:

"The tax on job creating businesses is 35 percent in the United States, second worst in the entire world."

By Sean Gorman• June 18, 2011

AFSCME stated on September 04, 2012 in a TV ad:

Says Republican U.S. Senate candidate Tommy Thompson "supports massive tax cuts for corporations that outsource Wisconsin jobs."

By Dave Umhoefer• September 26, 2012

David Gregory stated on July 25, 2010 in an interview with Treasury Secretary Timothy Geithner on NBC's Meet the Press:

"25 percent of our economy is the financial sector."

By Louis Jacobson• July 28, 2010

Barack Obama stated on January 03, 2012 in a web video advertisement:

Says he lived up to a 2008 promise when he "closed corporate tax loopholes that were sending profits overseas."

By Louis Jacobson• January 5, 2012

Barack Obama stated on September 06, 2010 in a speech on Labor Day:

John Boehner wants to reopen a tax loophole "that actually rewarded corporations for shipping jobs and profits overseas."

By Angie Drobnic Holan• September 13, 2010

Follow us

Stand up for the facts!

I would like to contribute

Search results for "Corporate profits are skyrocketing"

People (1)

Fact-checks (2558)

Articles (1071)

Corporate profits do not drive inflation, but inflation boosts company profits

Rick Scott and the fraud case of Columbia/HCA

PolitiFact's Five Surprising "True" ratings

Fact-checking Obama's State of the Union speech

Facts on Financial Reform

Fact-checking Obama's State of the Union

'The Five' co-hosts duel over the corporate tax rate

Obama targets Cayman 'tax scam'

For Labor Day, we check claims about jobs and wages

For Labor Day, we recap claims about jobs, wages and labor

Inside the SC Johnson vs. David Cay Johnston dispute on corporate taxes

Obama's return punch misses its mark

Fact-checking Andrew Yang in Muscatine, Iowa

High Five: Corporate taxes, Aaron Rodgers' taxes and a government jet honeymoon

Pasco House race mailers stretch truth to attack opponents

Fact-checking Donald Trump's address to Congress

FACTSHEET: Financial regulation explained

The PolitiFact guide to the anti-Romney 'King of Bain' video

Facts in Bermuda vacation ad do the job

Fact-checking Trump and his team on taxes