Taxes

Fact checks tagged “Taxes”.

🟢Mostly True

“Sen. Jon Husted led the push to bring data centers to Ohio and gave billions of tax dollars to make it happen.”

During his tenure as Ohio's Lieutenant Governor (2019–2025), Jon Husted was a prominent advocate for the state's data center industry, actively promoting the sector and supporting the tax incentive programs that resulted in approximately $2.5 billion in tax exemptions for data center projects. While the tax credits were formally approved by the Ohio Tax Credit Authority, Husted's role as a key proponent and public face of these efforts is well-documented.

Sherrod Brown2 sources10/17/2026
EconomyTaxes
❌False

“Is it true that Elon Musk used zero taxpayer dollars to develop the world's first flying car, or was the vehicle actually developed by Alef Aeronautics with Musk's financial backing?”

The claim that Elon Musk developed a flying car or provided the financial backing for Alef Aeronautics is false. Alef Aeronautics is an independent company founded by Jim Dukhovny, Konstantin Kisly, Pavel Markin, and Oleg Petrov. There is no evidence linking Elon Musk to the development or funding of the company's flying car projects.

Unknown3 sources10/17/2026
Taxes
🟢Mostly True

“Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500.”

Senator Bernie Sanders correctly stated that under current U.S. tax law, Social Security payroll taxes are capped at a specific wage threshold. For 2026, that threshold is $184,500. Consequently, any individual earning at least that amount in wages pays the same maximum Social Security tax, regardless of whether their total income is $184,500 or billions of dollars. While the claim is technically accurate regarding the tax structure, it omits that Social Security taxes apply only to wage income, not capital gains or other forms of wealth accumulation common to ultra-high-net-worth individuals.

Bernie Sanders2 sources10/17/2026
EconomyTaxes
🟢Mostly True

“President Donald Trump’s tariff policies have forced American families to pay more than $1,700 each in tariff costs since last year.”

Abigail Spanberger's claim that President Trump's tariff policies have cost American families more than $1,700 is supported by data from the Joint Economic Committee (JEC) Minority, which estimated an average cost of approximately $1,745 per family between February 2025 and January 2026.

Abigail Spanberger3 sources10/6/2026
TaxesEconomy
đź”´Mostly False

“The U.S. federal government collected almost $363 billion in tariff duties between January 2025 and April 2026.”

The claim that the U.S. government collected $363 billion in tariff duties between January 2025 and April 2026 is not supported by official Treasury data. While tariff collections surged in 2025, they were significantly offset by court-ordered refunds in 2026 following a Supreme Court ruling, resulting in much lower net revenue.

Tax Foundation4 sources10/6/2026
EconomyTaxes