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Latest Fact-Checks In Wealth

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Viral image
Viral image
stated on February 9, 2020 in a Facebook post:
“This is a 1927 News Article showing America was sold to five Billionaires The Rothschild’s, Rockefellers, DuPont’s, Harriman’s and Warburg’s.”
Pants on Fire!
By Tom Kertscher • February 11, 2020
Kamala Harris
Kamala Harris
stated on November 13, 2019 in a Facebook ad:
"In America, there is a father who is holding down two jobs and paying more taxes than the richest 400 families in America."
Mostly False
By Tom Kertscher • November 21, 2019
Tom Steyer
Tom Steyer
stated on October 15, 2019 in a Democratic presidential debate:
"People haven't had a raise -- 90 percent of Americans have not had a raise for 40 years."
Half-True
By Chris Nichols • October 16, 2019
Mark Cuban
Mark Cuban
stated on August 15, 2019 in a tweet:
Says "wealthy people in Canada donate to hospitals" to get better health care treatment.
Mostly False
By Bill McCarthy • August 19, 2019
Bernie Sanders
Bernie Sanders
stated on June 26, 2019 in an opinion article:
"The wealthiest three families now own more wealth than the bottom half of the country."
True
By Tom Kertscher • July 3, 2019
Ta-Nehisi Coates
Ta-Nehisi Coates
stated on June 19, 2019 in congressional testimony:
"The typical black family in this country has one-tenth the wealth of the typical white family."
True
By Tom Kertscher • July 1, 2019
Marie Newman
Marie Newman
stated on April 24, 2019 in a radio interview:
"We’re in a situation right now where 80% of the country is living paycheck to paycheck."
Half-True
By Kiannah Sepeda-Miller • April 28, 2019
Facebook posts
Facebook posts
stated on April 2, 2019 in a Facebook post:
Says President Barack Obama once said, "The American dream is to be Donald Trump"
False
By Samantha Putterman • April 8, 2019
Facebook posts
Facebook posts
stated on March 1, 2019 in a Facebook post:
Says author J.K. Rowling was the first billionaire to fall off Forbes billionaire list because of charitable giving.
Half-True
By Samantha Putterman • March 6, 2019
Sherrod Brown
Sherrod Brown
stated on February 18, 2019 in an interview:
With the Trump tax law, "70 percent of the benefits went to the wealthiest 1 percent."  
Half-True
By Tom Kertscher • March 5, 2019
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
Viral image
Viral image
stated on January 5, 2019 in a meme:
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."
Pants on Fire!
By Samantha Putterman • January 9, 2019
Bernie Sanders
Bernie Sanders
stated on July 14, 2018 in a speech:
"The three wealthiest people" own "more wealth than the bottom half of the American people."
True
By Tom Kertscher • July 19, 2018
Christine Quinn
Christine Quinn
stated on May 23, 2018 in a presentation at the State Democratic Convention:
New York state has the "second highest millionaires tax in the nation."
Mostly False
By Dan Clark • May 31, 2018
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
Cynthia Nixon
Cynthia Nixon
stated on March 20, 2018 in her announcement to run for governor:
"Since taking office, Andrew Cuomo has given massive tax breaks to corporations and the super rich."
Mostly False
By Dan Clark • March 23, 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
Kelda Helen Roys
Kelda Helen Roys
stated on December 1, 2017 in a tweet:
"Under Trump’s new tax plan … 99.8% of Americans" get "not one nickel" in tax cuts.  
Pants on Fire!
By Tom Kertscher • December 13, 2017
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
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