CNN’s Jake Tapper examines President Donald Trump’s claims about his tax returns in this week’s fact-checking video.
Issues: Taxes
The President’s Tax Returns
Trump Stump Speeches: Economy
Cherry-Picking to Overhype Jobs Gains from Tax Cuts
A Rally Filled with Repeats
CBO Didn’t Say Tax Cuts Were ‘Virtually Paid For’
FactChecking McCarthy’s Statistics
Paul Ryan Misleads on Corporate Tax Revenues
House Speaker Paul Ryan misleadingly claimed that corporate tax revenues are “still rising,” even though the 2017 tax law cut tax rates. In the first six months of fiscal year 2018, corporate tax receipts have declined by 22.3 percent from a year ago. Revenues are also projected to be less over the next 10 years than they otherwise would have been because of the law.