“Says Joe Biden’s “capital gains tax means that when you sell your home you’ll owe taxes of 40% of your profit!”
Social media posts
Claim dated 12 Oct 2020.
PolitiFact rated thisMostly False
What PolitiFact found
Joe Biden would increase capital gains taxes for Americans who make more than $1 million per year.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 12 October 2020. PolitiFact (United States) looked into it and published its finding on 16 October 2020, 4 days later. Its rating was “Mostly False”.
Where the claim appeared
- Saved copy of the posthttps://archive.vn/JoHPo
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.