Claim: House Speaker Paul Ryan misleadingly claimed that corporate tax revenues are "still rising," even though the 2017 tax law cut tax rates. In the first six months of fiscal year 2018, corporate tax receipts have declined by 22.3 percent from a year ago. Revenues are also projected to be less over the next 10 years than they otherwise would have been because of the law.
Fact-check: Paul Ryan Misleads on Corporate Tax Revenues - FactCheck.org
Verdict: house speaker paul ryan misleadingly claimed that corporate tax revenues are "still rising," even though the 2017 tax law cut tax rates. in the first six months of fiscal year 2018, corporate tax receipts have declined by 22.3 percent from a year ago. revenues are also projected to be less over the next 10 years than they otherwise would have been because of the law.
Organisation: FactCheck.org
Author: Eugene Kiely
Date published: 2018-04-16T21:43:57