Taxes Scorecard true 0% 199 Checks mostly-true 0% 339 Checks Half True 0% 375 Checks mostly-false 0% 347 Checks false 0% 345 Checks Pants on Fire 0% 105 Checks For more details, see the Principles of PolitiFact All Fact-checks for Taxes stated on January 14, 2026 in a statement: New York ranks No. 1 in the nation for individual tax burden. February 17, 2026 Elise Stefanik stated on November 7, 2025 in a television interview: Gov. Kathy Hochul has raised taxes. December 11, 2025 Ron DeSantis stated on October 15, 2025 in a speech: In Florida, “68 to 70% of property tax revenue” is from “second homes, investment properties, commercial properties, Airbnb,” not primary residences. October 30, 2025 JD Vance stated on August 21, 2025 in a speech in Peachtree City, Georgia: “We had the biggest tax cut for families that this country has ever seen.” August 22, 2025 Americans for Prosperity stated on July 28, 2025 in X: “The (Evers) Era locked Wisconsin families into a 400‑year property tax increase.” August 15, 2025 stated on July 17, 2025 in a post on X: Under President Donald Trump’s newly signed tax law, “Those making less than $50,000 receive the largest (tax) cuts.” July 21, 2025 Gavin Newsom stated on July 14, 2025 in a podcast interview: “California provides $83.1 billion more than we receive from the federal government. Texas? Receives $71.1 billion more than they provide to the federal government. 71% of the U.S. GDP comes from blue counties.” July 18, 2025 Hakeem Jeffries stated on July 2, 2025 in a House floor speech: President Donald Trump’s tax law has “tax breaks for billionaires, permanent; tax breaks for everybody else, expire.” July 8, 2025 Donald Trump stated on June 29, 2025 in an interview on Fox News' 'Sunday Morning Futures': The One Big Beautiful Bill will deliver the promise of “no tax on Social Security.” June 30, 2025 Elizabeth Warren stated on June 24, 2025 in an X post: “If every one of the 340 million people in America paid a new $35 copay to visit the doctor, that still wouldn’t be enough to cover how much Meta would get from just one tax break in Donald Trump's ‘Big Beautiful Bill.’" June 27, 2025 Occupy Democrats stated on June 11, 2025 in Facebook post: "Undocumented immigrants paid more taxes last year than Amazon, GM, IBM & Netflix combined." June 27, 2025 Donald Trump stated on June 24, 2025 in a White House fact sheet: If the “Big Beautiful Bill” passes, "hardworking Americans and families will see an average increase in take-home pay of OVER $10,000 per year." June 26, 2025 stated on June 2, 2025 in Radio interview: “The state of Illinois has a lower income tax rate than we do, and a flat tax. It’s almost half of what the top bracket here in Wisconsin is.” June 25, 2025 American Action Network stated on June 4, 2025 in an ad: The Republican tax and spending bill will provide a “tax cut for Social Security recipients.” June 24, 2025 Donald Trump stated on June 5, 2025 in a Truth Social post: If the “Big, Beautiful” tax and spending bill doesn’t pass, “there will be a 68% tax increase.” June 10, 2025 Kathy Hochul stated on May 5, 2025 in a television interview: The state budget contains the largest middle class tax cut in 70 years. June 1, 2025 Karoline Leavitt stated on May 19, 2025 in a White House press briefing: President Donald Trump’s tax and spending bill “does not add to the deficit.” May 21, 2025 Charles Schumer stated on April 27, 2025 in an interview on CNN's "State of the Union": “It's estimated” that President Donald Trump’s tariffs will mean “American families would have to pay about $4,000 more a year.” May 5, 2025 Michael Lawler stated on March 21, 2025 in a television interview: “If we don’t pass the tax bill by the end of the year, we will have the largest tax increase in American history.” By Jill Terreri Ramos • April 22, 2025 Karoline Leavitt stated on March 11, 2025 in a White House press briefing: “Tariffs are a tax cut for the American people.” By Louis Jacobson • March 13, 2025 Load More Latest Articles Could $1,000 seed money in a Trump account multiply to $243,000? That’s without inflation and taxes • February 3, 2026 Fact-check: President Trump’s speech on inflation, wages, military dividend • December 18, 2025 Fact-checking Donald Trump’s statements on the economy in insult-laden Pennsylvania speech • December 10, 2025 Trump sees a future without federal income taxes, but the tariff math doesn’t add up • December 3, 2025 PolitiFact answers reader questions about the Big Beautiful Bill • July 16, 2025 The child tax credit is changing. Here’s what it means for your family. • July 15, 2025 Ask PolitiFact: How will the Republican megabill affect Social Security’s future solvency? • July 3, 2025 Fact-checking falsehoods about Trump’s ‘Big Beautiful Bill’ and taxes, deficit, Medicaid • June 24, 2025 Did Trump impose ‘the largest tax hike in our lifetime’? How it compares, as it’s currently proposed By Grace Abels • April 7, 2025 Fact-checking the New Hampshire gubernatorial debate on WMUR By Louis Jacobson • October 31, 2024 In ad, Harris says Trump would gut Medicare and preexisting condition coverage. Here are the facts By Samantha Putterman • October 30, 2024 How Donald Trump and Kamala Harris want to change your taxes By Louis Jacobson • October 9, 2024 Has Act 10 saved Wisconsin taxpayers $16.8 billion? Here’s what we could find By Hope Karnopp • December 13, 2023 Fact-checking the third GOP presidential debate in Miami • November 9, 2023 Fact-check: How accurate are 2024 Republican presidential candidates’ attacks on one another? By Amy Sherman • August 21, 2023 Why Wesley Snipes and Kodak Black went to prison, but Hunter Biden likely won’t By Sevana Wenn • June 23, 2023 How much economic impact do film and TV production tax credits yield for states? By David Scibilia • May 3, 2023 New electric vehicle tax credit rules aim to reduce dependence on China, but present new obstacles By Matthew Crowley • May 1, 2023 PolitiFact readers respond to our fact-checks related to Biden, Trump • April 3, 2023 Fact-checking 6 claims in Joe Biden’s budget speech on the economy, taxes and Medicare By Amy Sherman, Louis Jacobson • March 10, 2023 Latest promises about Taxes Donald Trump Provide a middle-class, upper-class, lower-class, business-class big tax cut” Donald Trump End taxation on Social Security Donald Trump End taxation on tips Donald Trump Reduce corporate tax rate for companies making products in the U.S. to 15% Donald Trump Restore the state and local tax deduction (SALT) Donald Trump Enact tax credit for family caregivers Donald Trump End taxation on overtime Joe Biden Require all federal candidates to release tax returns Twin efforts to require tax return disclosure fail to make it to Biden’s desk | December 9, 2024 Joe Biden Establish an offshoring tax penalty Laws targeting overseas tax dodges fail to emerge from Congress | December 2, 2024 Joe Biden Raise corporate tax rate to 28% Provisions targeted at biggest companies replace hike to overall corporate tax rate | August 10, 2022 Joe Biden No tax increase for anyone making less than $400,000 Biden keeps his pledge not to raise taxes on people earning under $400,000 | December 2, 2024 Joe Biden Offer up to $8,000 tax credit for child care Joe Biden expanded the child care tax credit as promised, but only for one year | December 4, 2024 Latest promises about Taxes
Joe Biden Require all federal candidates to release tax returns Twin efforts to require tax return disclosure fail to make it to Biden’s desk | December 9, 2024
Joe Biden Establish an offshoring tax penalty Laws targeting overseas tax dodges fail to emerge from Congress | December 2, 2024
Joe Biden Raise corporate tax rate to 28% Provisions targeted at biggest companies replace hike to overall corporate tax rate | August 10, 2022
Joe Biden No tax increase for anyone making less than $400,000 Biden keeps his pledge not to raise taxes on people earning under $400,000 | December 2, 2024
Joe Biden Offer up to $8,000 tax credit for child care Joe Biden expanded the child care tax credit as promised, but only for one year | December 4, 2024