“Barack Obama and Joe Biden "passed a tax bill that gave us all of these privileges for depreciation, tax credits. We build a building, and we get tax credits, like the hotel on Pennsylvania Ave.”
What PolitiFact found
The Trump campaign cited a tax change under Obama, but it's not clear how that relates to his Pennsylvania Avenue hotel. That hotel earned a $40 million tax break under a law on the books since 1976.
Their words, from the summary they publish with the rating.
In short
Donald Trump (president) made this claim around 29 September 2020. PolitiFact (United States) looked into it and published its finding on 30 September 2020, 1 day later. Its rating was “Needs context”.
Donald Trump has 1,168 checked claims in this archive. Fact-checking organisations rated 663 of them false or fake, 375 misleading or mixed and 13 true.
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.