“On cutting the corporate tax rate: "We did more revenue when we had it at 21 than when it was at 39. Think of it. Much more.”
What FactCheck.org found
Economists say that while cutting the rate from 35% to 21% did stimulate some growth, it did not cover the loss in tax revenue.
Their words, from the summary they publish with the rating.
In short
Donald Trump (Former President) made this claim around 5 October 2024. FactCheck.org (United States) looked into it and published its finding on 16 October 2024, 11 days later. Its rating was “Spins the Facts”.
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.
Where the claim appeared
Links recorded by FactCheck.org. Some posts may have been deleted since.
This check was done by FactCheck.org, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.