Latest Fact-Checks In Wealth

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Democratic Senatorial Campaign Committee
Democratic Senatorial Campaign Committee
stated on September 20, 2024 Campaign ad
Says Wisconsin GOP U.S. Senate candidate Eric Hovde "brags about being in the 1%."
Mostly True
By Ricardo Torres • October 10, 2024
Robin Vos
Robin Vos
stated on January 19, 2023 Speech
In Wisconsin, even multimillionaires can be on BadgerCare "because we don't even ask people what their income level is to qualify for free health care."
Mostly True
By Madeline Heim • February 9, 2023
Viral image
Viral image
stated on October 23, 2019 a Facebook post
"The 550 U.S. billionaires together are worth $2.5 trillion. If we confiscated 100% of their wealth, we'd raise enough to run the federal government for less than eight months."
Mostly True
November 2, 2021
Elizabeth Warren
Elizabeth Warren
stated on January 29, 2019 a tweet
"The top 0.1 percent ... own about the same wealth as 90 percent of America."  
Mostly True
By Jon Greenberg • January 31, 2019
Howard Schultz
Howard Schultz
stated on January 27, 2019 an interview on CBS
"Over 40 percent of the American people don't have $400 in the bank."
Mostly True
January 29, 2019
stated on May 8, 2018 an Austin American-Statesman news story
Says Austin has "been ranked repeatedly as one of the most, if not the most, economically segregated cities in the country."
Mostly True
By W. Gardner Selby • May 31, 2018
Richard Cordray
Richard Cordray
stated on December 14, 2017 a speech
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."
Mostly True
By Amy Sherman • January 30, 2018
Bernie Sanders
Bernie Sanders
stated on September 21, 2017 a speech at Westminster College in Fulton, Mo.
"The six wealthiest people in the world (have) as much wealth as the bottom half of the world’s population, 3.7 billion people."
Mostly True
By Carolina Vargas, Emma Diltz • October 31, 2017
Mike McCabe
Mike McCabe
stated on May 21, 2017 an interview
"When you look at all the state and local taxes we pay in Wisconsin, the wealthiest 1 percent pay the lowest overall tax rate."
Mostly True
June 2, 2017
Charles Schumer
Charles Schumer
stated on March 1, 2017 a Senate floor speech
"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."  
Mostly True
March 27, 2017
Mark Pocan
Mark Pocan
stated on December 16, 2016 an interview
Says Donald Trump's first 17 Cabinet appointments "have a net worth of more than a third of America."
Mostly True
December 30, 2016
Democratic Senatorial Campaign Committee
Democratic Senatorial Campaign Committee
stated on September 6, 2016 an ad
"Kelly Ayotte voted to give big oil more than $20 billion in tax breaks."
Mostly True
By Allie Morris • October 7, 2016
Tammy Baldwin
Tammy Baldwin
stated on September 19, 2016 a statement
Says that except for Donald Trump, "every other major party nominee" for the past 40 years has released their tax returns.  
Mostly True
September 28, 2016
Bernie Sanders
Bernie Sanders
stated on July 25, 2016 remarks at the Democratic National Convention in Philadelphia
"The top one-tenth of 1 percent now owns almost as much wealth as the bottom 90 percent."
Mostly True
By Lauren Carroll • July 26, 2016
Mark Warner
Mark Warner
stated on June 19, 2016 a radio interview.
"The average time someone used to hold a share of stock back in the ’60s was eight years. Now, the average time is four months." 
Mostly True
By Warren Fiske • July 6, 2016
Hillary Clinton
Hillary Clinton
stated on May 24, 2016 an advertisement
"In 2006, Donald Trump was hoping for a real estate crash."
Mostly True
By C. Eugene Emery Jr. • May 26, 2016
Bernie Sanders
Bernie Sanders
stated on September 14, 2015 a speech.
"The top 1/10th of 1 percent today in America owns almost as much wealth as the bottom 90 percent."
Mostly True
By Sean Gorman • September 21, 2015
Bernie Sanders
Bernie Sanders
stated on July 1, 2015 a speech
"The top one-tenth of 1 percent" of Americans "own almost as much wealth as the bottom 90 percent."
Mostly True
July 29, 2015
Bobby Scott
Bobby Scott
stated on June 12, 2015 a written statement.
"The United States ranks second worst in income inequality across developed countries," after taxes and transfers.
Mostly True
By Warren Fiske • July 13, 2015
Bobby Scott
Bobby Scott
stated on June 12, 2015 a news release.
"Income disparities in the United States are the worst since the 1920s."
Mostly True
By Warren Fiske • June 30, 2015
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