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All Wealth statements

False

An exaggerated quote

Facebook posts
Facebook posts

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

Facebook posts
Facebook posts

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
Sherrod 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
Howard Schultz

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

— PolitiFact National on Tuesday, January 29th, 2019

Pants on Fire!

A longstanding anti-Semitic theory

Viral image
Viral image

Says "the Rothschild family holds about 80 percent of the world’s total wealth" and has the ability to "literally feed, clothe and settle every man, woman and child on the planet if they wanted to."

— PolitiFact Facebook fact-checks on Wednesday, January 9th, 2019

True

With debts, many Americans have zero or negative net worth

Sanders
Bernie Sanders

"The three wealthiest people" own "more wealth than the bottom half of the American people."

— PolitiFact Wisconsin on Thursday, July 19th, 2018

Mostly False

Only in NYC

Quinn
Christine Quinn

New York state has the "second highest millionaires tax in the nation."

— PolitiFact New York on Thursday, May 31st, 2018

Mostly True

But for Tallahassee and Trenton

Casar
Greg Casar

Says Austin has "been ranked repeatedly as one of the most, if not the most, economically segregated cities in the country."

— PolitiFact Texas on Thursday, May 31st, 2018

Mostly False

Some yes, some no

Nixon
Cynthia Nixon

"Since taking office, Andrew Cuomo has given massive tax breaks to corporations and the super rich."

— PolitiFact New York on Friday, March 23rd, 2018

Mostly True

Read details on business taxes

Cordray
Richard Cordray

On taxes, "if you go back and look 50 years ago, individuals paid about 7 percent of the total and corporations paid 5 percent. Fast forward 50 years: individuals still 7 percent, corporations (are) down to 2 percent."

— PolitiFact Ohio on Tuesday, January 30th, 2018

Pants on Fire!

Plan is criticized as favoring the rich, but tax cuts are widely distributed

Roys
Kelda Helen Roys

"Under Trump’s new tax plan … 99.8% of Americans" get "not one nickel" in tax cuts.  

— PolitiFact Wisconsin on Wednesday, December 13th, 2017

Mostly True

Needs a caveat

Sanders
Bernie Sanders

"The six wealthiest people in the world (have) as much wealth as the bottom half of the world’s population, 3.7 billion people."

— PolitiFact Missouri on Monday, October 30th, 2017

True

Only estates worth $5.45 million or more affected

Pocan
Mark Pocan

What Republicans call the "death tax" is the estate tax "on the ultra wealthy" which, in 2016, was paid by only "two out of every 1,000 people."  

— PolitiFact Wisconsin on Friday, October 27th, 2017

Mostly False

A number of provisions benefit the rich; help for the middle class less clear

Ryan
Paul Ryan

The Republican tax reform proposal is focused on tax breaks for the middle class "and not about people who are really high-income earners getting a tax break."  

— PolitiFact Wisconsin on Friday, October 13th, 2017

Mostly True

One study says so, though methodology has critics

McCabe
Mike McCabe

"When you look at all the state and local taxes we pay in Wisconsin, the wealthiest 1 percent pay the lowest overall tax rate."

— PolitiFact Wisconsin on Friday, June 2nd, 2017

False

Over 10 years, hundreds of billions of dollars

Duffy
Sean Duffy

The Republican replacement for Obamacare does not give massive tax cuts to wealthy Americans.  

— PolitiFact Wisconsin on Friday, May 12th, 2017

Mostly True

One third owns approximately nothing

Schumer
Charles Schumer

"In fact, if you add up the net wealth of his cabinet, it has more wealth than a third of the American people total -- close to 100 million people."  

— PolitiFact National on Monday, March 27th, 2017

Half-True

Not all, but significant portion

Pocan
Mark Pocan

Under "Trumpcare," the Republican replacement for Obamacare, "$600 billion worth of tax breaks will go to the wealthiest in this country."   

— PolitiFact Wisconsin on Tuesday, March 21st, 2017

Mostly False

Not additional compensation for taking the job

Baldwin
Tammy Baldwin

Says Secretary of State Rex Tillerson got a "government service golden parachute" payment of $180 million "from Exxon Mobil that he would have to forfeit had he taken a job elsewhere."    

— PolitiFact Wisconsin on Friday, February 10th, 2017