Sen. Kamala Harris, a declared candidate for president, cited preliminary IRS tax refund data for 2018 to criticize the Tax Cuts and Jobs Act as “a middle-class tax hike.” That’s a misreading of the data.
Kamala Harris Mistweet on ‘Tax Hike’
Issues: Taxes
Video: Trump on His Tax Returns
CNN’s Jake Tapper examines President Donald Trump’s claims about his tax returns in this week’s fact-checking video.
The President’s Tax Returns
After Democrats gained control of the House in the midterm elections, President Donald Trump repeated his long-running statement that he wouldn’t release his tax returns because they were under audit, making false claims in the process.
Trump Stump Speeches: Economy
President Donald Trump is proud of his economic record, and he points to some key economic indicators with great delight. But he doesn’t always stick to the facts out on the campaign trail when he talks to his supporters.
Cherry-Picking to Overhype Jobs Gains from Tax Cuts
The GOP cherry-picked states with the largest number of job gains this year to promote its claim that “GOP tax cuts have fueled a massive acceleration in job growth since this time last year.”
A Rally Filled with Repeats
Trump’s August speech in Wilkes-Barre, Pennsylvania, was packed with familiar factual distortions.
CBO Didn’t Say Tax Cuts Were ‘Virtually Paid For’
The chief economic adviser to President Donald Trump recently said Congressional Budget Office numbers show the “entire $1.5 trillion tax cut is virtually paid for by higher revenues and better nominal GDP.” That’s not what the numbers show, experts told us.
FactChecking McCarthy’s Statistics
House Majority Leader Kevin McCarthy got some of his facts wrong about mandatory spending and the labor participation rate during a recent appearance on Fox Business.
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.
Tax Cut Ads Preview Midterm Elections Ahead
The GOP tax plan is fodder for campaign ads from both sides in Pennsylvania’s special House election and races across the country.