Income Scorecard true 0% 50 Checks mostly true 0% 91 Checks half true 0% 63 Checks mostly false 0% 62 Checks false 0% 40 Checks Pants on Fire 0% 9 Checks For more details, see the Principles of PolitiFact All Fact-checks for Income Joe Biden stated on August 2, 2024 a written statement "Since Vice President Harris and I took office … incomes have risen faster than prices." By Louis Jacobson • August 6, 2024 Joe Biden stated on January 25, 2024 Public appearance "There are a thousand billionaires now and you know what their average tax rate is? 8%." By Sophia Voight • January 26, 2024 Dave Murphy stated on November 7, 2023 Wisconsin Assembly "Bucks star Giannis Antetokounmpo signed a three-year contract for $186 million. He and his family, being African American, could receive benefits under affirmative action.” By Ricardo Torres • January 17, 2024 James Woods stated on December 10, 2023 an X post Joe Biden’s net worth was $41 million in 2022. By Kwasi Gyamfi Asiedu • December 19, 2023 Tim Scott stated on June 21, 2023 a Fox News town hall “Median income in this country is … $35,000 a year. Because of Joe Biden's inflation, the average monthly expenses have increased by $500, almost.” By Louis Jacobson • June 26, 2023 Facebook posts stated on March 31, 2023 una publicación de Facebook "Latino, inmigrante, recién llegado … Si eres inmigrante en Estados Unidos y llevas más de tres meses ahí, podrías calificar para obtener cupones de comida”. April 13, 2023 Tammy Baldwin stated on December 8, 2022 Twitter "Latina workers make 54 cents for every dollar earned by white, non-Hispanic men." By D.L. Davis • December 16, 2022 Liberal Groups stated on June 2, 2022 Public statement "Milwaukee’s hotels and restaurants are already filled during the summer. The RNC convention will simply replace those who normally visit our city." By Vanessa Swales • July 12, 2022 Cavalier Johnson stated on May 27, 2022 News conference The RNC is “a $200 million economic infusion into our communities.” By Vanessa Swales • July 8, 2022 Facebook posts stated on April 28, 2022 a video on Facebook “We have 76% of Americans living paycheck to paycheck, meaning they are one paycheck away from poverty.” By Madison Czopek • May 16, 2022 Tammy Duckworth stated on March 15, 2022 a tweet “An extra 2 whole months and 15 days. That’s how long it takes for white women to make the same amount men made in the same job last year. And it's even worse for women of color.” By Analisa Trofimuk • April 1, 2022 Tim Kaine stated on March 15, 2022 a tweet. “Virginia women are paid 80 cents for every dollar paid to Virginia men.” By Warren Fiske • March 18, 2022 Facebook posts stated on March 4, 2022 a Facebook post “And just like that, your $15/hr doesn’t buy you as much as $7.50/hr did a year ago.” By Sara Swann • March 9, 2022 Mitt Romney stated on January 16, 2022 an interview on NBC's "Meet the Press" “People are 7% poorer now because of Biden inflation.” By Louis Jacobson • January 20, 2022 Joe Biden stated on January 19, 2022 a news conference “This country’s working people actually got a raise.” By Jon Greenberg, Louis Jacobson • January 20, 2022 Joe Volk stated on November 17, 2021 TV interview “In Wisconsin, we have 50% of the population paying 50%, 60%, 70%, sometimes 80% for their housing.” By Vanessa Swales • January 7, 2022 Joe Biden stated on December 3, 2021 remarks from the White House “Even after accounting for rising prices, the typical American family has more money in their pockets than they did last year.” By Louis Jacobson • December 7, 2021 Bryan Steil stated on September 24, 2021 Twitter Says Joe Biden's IRS reform proposals "would require banks and credit unions to hand over private information about routine transactions to the IRS." By D.L. Davis • October 15, 2021 Infowars stated on September 13, 2021 an Instagram post “Biden’s Treasury Department declares IRS will monitor” all accounts over $600. September 15, 2021 Facebook posts stated on September 14, 2021 a Facebook post "The top 1% pays 90% of income taxes.” September 14, 2021 Load More Latest Articles Fact-check: Bernie Sanders and Alexandria Ocasio-Cortez’s ‘fighting oligarchy tour’ By Amy Sherman, Grace Abels • March 21, 2025 Newly arrived immigrants are generally not automatically eligible for food assistance April 13, 2023 Evers-O-Meter update of Evers promises, Part 2 By D.L. Davis • July 25, 2022 Could an undercounted 2020 Census afflict a range of federal statistics? By Louis Jacobson • August 26, 2020 Latest promises about Income Barack Obama Increase the minimum wage to $9.50 an hour No possibility of a minimum wage increase | August 29, 2011 Latest promises about Income