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Latest Fact-Checks In Wealth

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Bernie Sanders
Bernie Sanders
stated on June 12, 2026 in an X post:
"Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500."
Mostly True
By Caleb McCullough • June 17, 2026
Democratic Senatorial Campaign Committee
Democratic Senatorial Campaign Committee
stated on September 20, 2024 in 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 in 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 in 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
By Tom Kertscher • November 2, 2021
Elizabeth Warren
Elizabeth Warren
stated on January 29, 2019 in 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 in an interview on CBS:
"Over 40 percent of the American people don't have $400 in the bank."
Mostly True
By Tom Kertscher • January 29, 2019
stated on May 8, 2018 in 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 in 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 in 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 in 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
By Tom Kertscher • June 2, 2017
Charles Schumer
Charles Schumer
stated on March 1, 2017 in 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
By Jana Heigl • March 27, 2017
Mark Pocan
Mark Pocan
stated on December 16, 2016 in an interview:
Says Donald Trump's first 17 Cabinet appointments "have a net worth of more than a third of America."
Mostly True
By Tom Kertscher • December 30, 2016
Democratic Senatorial Campaign Committee
Democratic Senatorial Campaign Committee
stated on September 6, 2016 in 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 in 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
By Tom Kertscher • September 28, 2016
Bernie Sanders
Bernie Sanders
stated on July 25, 2016 in 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, Tom Kertscher • July 26, 2016
Mark Warner
Mark Warner
stated on June 19, 2016 in 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 in 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 in 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, Tom Kertscher • September 21, 2015
Bernie Sanders
Bernie Sanders
stated on July 1, 2015 in a speech:
"The top one-tenth of 1 percent" of Americans "own almost as much wealth as the bottom 90 percent."
Mostly True
By Tom Kertscher • July 29, 2015
Bobby Scott
Bobby Scott
stated on June 12, 2015 in 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
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