“There are a thousand billionaires now and you know what their average tax rate is? 8%.”
Joe Biden
U.S. President. Public appearance. Claim dated 25 Jan 2024.
PolitiFact rated thisFalse
In short
Joe Biden (U.S. President) made this claim around 25 January 2024. PolitiFact (United States) looked into it and published its finding on 26 January 2024, 1 day later. Its rating was “False”.
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.
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.