“Did you know the Kamala price hikes have cost the average American family $28,000?”
Washington Post rated this: Four Pinocchios
Washington Post says: This is a nonsense figure
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.
“Those residing within a 60 kms radius from a toll booth are eligible for toll tax exemption.”
Logically Facts rated this: Misleading
“The circular related to the extension of the last date for e-filing Income Tax Returns states that the deadline has been extended to 31 August 2024.”
FACTLY rated this: FALSE
FACTLY says: The Income Tax Department has explicitly stated that the deadline for e-filing ITR is 31 July 2024. The department has clarified that any news about an extension to 31 August 2024 is false. Additionally, the viral circu…
“Income Tax Refund Of Rs 15,490 Approved For Taxpayers !!”
Fact Crescendo Sri Lanka rated this: Misleading
“The poverty index in the Bangsamoro Autonomous Region in Muslim Mindanao has “significantly decreased since 2018” due to improved peace and order, good governance, and high hopes of the region's inhabitants.”
Vera Files rated this: Needs context
Vera Files says: While the poverty incidence in the BARMM has indeed markedly decreased since 2018, the region remains to have the highest poverty incidence in the country at 34.8% as of the first half of 2023, based on data from the Ph…
“The World Economic Forum has announced a ‘digital carbon tracker’ to monitor people’s activities”
Logically Facts rated this: False
“World Economic Forum accepted pedophiles as a legally protected minority”
Logically Facts rated this: False
“Hundreds of thousands of American-born workers lost their jobs these past few years” under Democrats.”
FactCheck.org rated this: Misleading
FactCheck.org says: On net, employment of native-born workers increased under President Joe Biden.
“Project 2025 eliminates OSHA and overtime wages.”
PolitiFact rated this: False
PolitiFact says: Contrary to social media claims, the Project 2025 plan does not call to eliminate the Occupational Safety and Health Administration or for banning overtime wages.
“President Zelenskyy’s wife orders 4 million dollar Bugatti” in Paris with U.S. tax money.”
PolitiFact rated this: False
PolitiFact says: A Bugatti Automobiles S.A.S. spokesperson said Ukraine's first lady, Olena Zelenska, did not buy one of its vehicles.
“Sri Lanka the only country in recent history to have its debt restructured within a two-year period!!”
Fact Crescendo Sri Lanka rated this: Missing Context
“Viral video shows a BJP MLA from UP, Vipul Dube, assaulting his employee for asking for his salary.”
FACTLY rated this: FALSE
FACTLY says: This is an old video, reportedly from April 2022. Police identified the accused as Pratik Tiwari and the victim as Rajiv Bharadwaj. The accused seen in the video is not a BJP MLA, according to the police.
“Conservatives changed rules to give 'fired' MPs six months wages tax-free”
Logically Facts rated this: Misleading
“For Cambodians, hurry up and withdraw money from ABA Bank. All because this bank is bankrupt.”
Fact Crescendo Cambodia rated this: False
Fact Crescendo Cambodia says: Fact Crescendo Cambodia found that the information described above is false. An ABA Bank official and stakeholders in the Cambodian banking sector have confirmed that ABA Bank’s bankruptcy is “fake news”. A representati…
“The Trump administration “achieved the lowest African American unemployment rate and the lowest African American poverty rate ever recorded.”
PolitiFact rated this: Half True
PolitiFact says: Trump was president when Black poverty and unemployment reached record lows. But he leaves out President Joe Biden, saw both record lows surpassed on his watch.
“Sri Lanka Introducing A New Imposed Rental Income Tax On All Owner-Occupied And Vacant Residential Properties !!”
Fact Crescendo Sri Lanka rated this: Misleading
“Right now, we have the largest [trade] deficit we’ve ever had with China, like over a trillion dollars.”
FactCheck.org rated this: False
FactCheck.org says: The total U.S. trade deficit with China in goods and services in 2023 was about $252 billion, the lowest it has been in 14 years.
“Wage increases have exceeded” the cost of inflation.”
PolitiFact rated this: Half True
PolitiFact says: For his entire term, inflation has outpaced wages. But wages have outpaced inflation compared to right before the pandemic, and for the past year and the past two years.
“Joe Biden wants “to quadruple your taxes.”
PolitiFact rated this: False
PolitiFact says: Biden is proposing a tax increase of roughly 7% over the next decade, which is far lower than the 300% increase that Trump claimed. And the vast majority of that increase will hit the top 1% of income earners.
“Presidential adviser for poverty alleviation Larry Gadon says the Filipinos' purchasing power is high, judging from the big crowd in shopping malls.”
Vera Files rated this: False
Vera Files says: The purchasing power of the peso has weakened since 2018, based on data from the Philippine Statistics Authority. When prices are increasing and people have fixed incomes, the “tendency is to buy less and less of the sa…