“A new, independent study put out last week found that at least 55 of our largest corporations used various loopholes to pay zero federal income tax in 2020.”
What PolitiFact found
A study was released days earlier by a non-governmental group that concluded that at least 55 large companies paid zero federal income taxes in 2020.
Their words, from the summary they publish with the rating.
In short
Joe Biden (president) made this claim around 7 April 2021. PolitiFact (United States) looked into it and published its finding on 12 April 2021, 5 days later. Its rating was “Mostly True”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
Where the claim appeared
- whitehouse.govhttps://www.whitehouse.gov/briefing-room/speeches-remarks/2021/04/07/remarks-by-president…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.