“Fox News reported California Gov. Gavin Newsom “will withhold” California’s federal income tax.”
PolitiFact rated this: False
Economy and jobs
1,152 claims on this topic checked by other fact-checking organisations. Topics are sorted by the words in each claim and cover English-language checks.
“Gas prices drop an average of $4 across red states.”
PolitiFact rated this: False
“Kroger, Food Lion and Publix announce a 4% price cut across the board.”
PolitiFact rated this: False
“The Reserve Bank of India (RBI) is set to issue a ₹ 7 coin honouring cricketer Mahendra Singh Dhoni for his contributions to Indian cricket.”
FACTLY rated this: FALSE
FACTLY says: The Reserve Bank of India (RBI) has not announced the release of a ₹ 7 coin honouring cricketer Mahendra Singh Dhoni, and there is no official circular in this regard. A digitally created image of such a coin, featuring…
“Kamala Harris “destroyed our economy.”
FactCheck.org rated this: False
FactCheck.org says: Aside from inflation, which was primarily caused by the COVID-19 pandemic and has moderated greatly since 2022, several economic measures show a strong economy under the Biden-Harris administration.
“The Bicol Region has P9.4 billion budget for flood control projects in 2023.”
Vera Files rated this: False
Vera Files says: The 2023 General Appropriations Act shows P29.4 billion allocation to the DPWH for flood control projects in the Bicol Region.
“The BRICS countries have launched a new BRICS currency to challenge the dollar.”
FACTLY rated this: MISLEADING
FACTLY says: The BRICS countries have not officially issued a new BRICS currency. The viral post only a symbolic note that a Russian official presented to President Putin at the recent 16th BRICS Summit in Kazan. After showing it to…
“We will frack, frack, frack and drill, baby, drill. ... I will cut your energy prices in half within 12 months.”
FactCheck.org rated this: Experts Doubt That
FactCheck.org says: Increasing oil and gas supply could bring down prices in the short term, if demand remains the same, but there are several complicating factors to that. Experts didn’t see a way for Trump to lower energy bills by 50%.
“We will have a national ban on price gouging, which is companies taking advantage of the desperation and need of the American consumer and jacking up prices without any consequence or accountability.”
FactCheck.org rated this: Little Effect on Current Prices
FactCheck.org says: Economists consistently told us that the anti-price gouging proposal would have little effect on current grocery prices.
“Kamala has said repeatedly, she wants to ban fracking, which would kill over 500,000 jobs in Pennsylvania alone.”
Washington Post rated this: Four Pinocchios
Washington Post says: This number is ten times too high
“To pay for extending the Trump tax cuts, Dave McCormick has “made clear he’ll slash your Medicare and Social Security, and cut Medicaid for nursing home care.”
PolitiFact rated this: False
PolitiFact says: Dave McCormick said in the past changes to Social Security and Medicare were necessary to prevent insolvency, but he did not endorse any specific proposals.
“About 400,000 manufacturing jobs in the state of Michigan will go away with EV mandates.”
PolitiFact rated this: False
PolitiFact says: In warning of job losses from EV production, Mike Rogers relied on an inflated jobs number and a disputed measure of labor requirements to reach a number far higher than other studies have estimated.
“Kamala Harris supports EV mandates, killing Michigan jobs. She wants to end all gas-powered cars. Crazy but true. Harris’s push requiring electric only is failing big, and Michigan autoworkers are paying the price. Massive layoffs already started.”
Washington Post rated this: Four Pinocchios
Washington Post says: This ad makes many false claims. Auto manufacturing is at a 34-year high.
“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.”
FactCheck.org rated this: Spins the Facts
FactCheck.org says: Economists say that while cutting the rate from 35% to 21% did stimulate some growth, it did not cover the loss in tax revenue.
“Wages adjusted for inflation were massively up under Donald Trump for Black men. … The (Black-white) wage gap in 2019 was actually shrinking under Donald Trump's administration.”
PolitiFact rated this: Mostly False
PolitiFact says: For both Black Americans overall and for Black men in particular, inflation-adjusted wages rose under President Donald Trump — but they rose about three times faster under President Joe Biden.
“McCormick’s promised the richest people in America a massive tax break. To pay for it, he’s made clear he’ll slash your Medicare and Social Security and cut Medicaid for nursing home care.”
Washington Post rated this: Four Pinocchios
Washington Post says: McCormick never said this
“Teachers and nurses and firefighters are paying a higher tax rate than billionaires and the biggest corporations.”
PolitiFact rated this: Mostly False
PolitiFact says: Most firefighters, teachers and nurses earn between $50,000 and $100,000, and 91% of people in that range pay less than 15% in taxes. Most billionaires and corporations pay a higher rate than that.
“We now have historic low unemployment in America among all groups of people.”
PolitiFact rated this: Half True
PolitiFact says: Under Biden and Harris, the overall U.S. unemployment rate and the rates for several ethnic and racial groups have been relatively low by historical standards. But these rates are all higher now than the record lows.
“In Manchester, N.H., gubernatorial candidate Joyce Craig “pushed for a city sales tax. Then, Joyce Craig overrode the tax cap and tried to raise taxes six times.”
PolitiFact rated this: Half True
PolitiFact says: Portions of this three-part claim are accurate, but others lack context or are incorrect.
“When New Hampshire gubernatorial nominee Kelly Ayotte served on two companies’ boards, one “laid off 18,000 workers” and the other “laid off 1,200 American workers, moving jobs overseas.”
PolitiFact rated this: Half True
PolitiFact says: New Hampshire Republican gubernatorial nominee Kelly Ayotte served on several companies’ boards, including Blackstone since 2019 and Caterpillar from 2017 to 2023. But the ad overstates those companies' role in layoffs.