Claim: President Joe Biden has said there are hundreds, if not a thousand, billionaires paying lower federal tax rates than schoolteachers, police officers, firefighters and nurses. What his audience may not know is that his comparison relies on including wealthy families' gains on unsold stock as income.
Fact-check: Biden's Tax Rate Comparison for Billionaires and Schoolteachers - FactCheck.org
Verdict: president joe biden has said there are hundreds, if not a thousand, billionaires paying lower federal tax rates than schoolteachers, police officers, firefighters and nurses. what his audience may not know is that his comparison relies on including wealthy families' gains on unsold stock as income.
Organisation: FactCheck.org
Author: Lori Robertson
Date published: 2023-02-16T23:03:53