Statement·other·said 2015-03-08
“If you took every penny of the 1 percent, including their dog, you wouldn't even begin to balance the budget.”
Proof of utterancewhere they said it
No source recorded.
Verdict
Mixedby PolitiFact
2015-03-27Reasoning
Rated Mostly False. Taken literally — every penny of wealth or income of the top 1% — the claim is wrong: either pool would easily exceed the federal deficit. Only when narrowed to income taxes actually paid does it hold up.
Proof of outcomewhat backs the verdict