AI
Friday, September 29, 2017 7:28:42 PM
Donald Trump's Pants on Fire claim about the estate tax, small businesses and farms
"Trump's tax plan lies. Boon to top 1%."
Ending the estate tax would "protect millions of small businesses and the American farmer."
— Donald Trump on Wednesday, September 27th, 2017 in a speech in Indianapolis
By Louis Jacobson on Thursday, September 28th, 2017 at 11:54 a.m.
[...]
Our ruling
Trump said that ending the estate tax would "protect millions of small businesses and the American farmer."
That’s a ridiculously high estimate. Only 5,460 estates even pay the tax each year, according to a credible
estimate, and of those, about 80 represented small businesses or farms. We rate the statement Pants on Fire.
http://www.politifact.com/truth-o-meter/statements/2017/sep/28/donald-trump/donald-trumps-pants-fire-claim-about-estate-tax-sm/
"Trump's tax plan lies. Boon to top 1%."
Ending the estate tax would "protect millions of small businesses and the American farmer."
— Donald Trump on Wednesday, September 27th, 2017 in a speech in Indianapolis
By Louis Jacobson on Thursday, September 28th, 2017 at 11:54 a.m.
[...]
Our ruling
Trump said that ending the estate tax would "protect millions of small businesses and the American farmer."
That’s a ridiculously high estimate. Only 5,460 estates even pay the tax each year, according to a credible
estimate, and of those, about 80 represented small businesses or farms. We rate the statement Pants on Fire.
http://www.politifact.com/truth-o-meter/statements/2017/sep/28/donald-trump/donald-trumps-pants-fire-claim-about-estate-tax-sm/
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
Where Real Traders Talk Markets
Join thousands of traders sharing insights, catalysts, and charts.
