Compared on: Billionaires
THE CLAIM · OCT 30, 2026
“billionaires getting huge tax breaks”
As reported by CNN · Read the post
THE RECORD
“But because capital gains — the profits earned from selling stocks, bonds, real estate and other assets —and business income are taxed at a lower rate than the top rate for income that people earn through their jobs, the richest Americans reap a massive tax break.”
CBS News · Billionaires pay a lower tax rate than the rest of America · Read
THE RECORD
“The research comes as President Trump's "big, beautiful bill," signed into law on July 4, delivers its largest benefits to the highest-earning Americans through a mix of new and extended tax breaks.”
CBS News · Billionaires pay a lower tax rate than the rest of America · Read
THE RECORD
“Last year alone, after receiving the largest tax break in history from Donald Trump, 938 billionaires in America became $1.5tn richer.”
Yes, the rich must start paying their fair share of taxes » Senator Bernie... · Read
RECORD AGREES
CBS News describes tax rates on capital gains and business income and benefits for high earners in a Trump tax law. Senator Bernie Sanders’s op-ed describes a tax break received by billionaires in the preceding year. Publication dates are not provided for either source.
