Was Jared Kushner Responsible for Removing Tweets Once Information About Trump's Taxes Emerged?
Voting in the 2020 U.S. Election may be over, but the misinformation keeps on ticking. Never stop fact-checking. Follow our post-election coverage here. here On Sept. 27, 2020, The New York Times published a report after obtaining several years of U.S. President Donald Trump's tax returns. published a report As news broke that Trump had paid just $750 in federal income tax in 2016 and 2017  no federal income taxes in 10 of the past 15 years  in addition to the fact that he took an approximate $70,000 deduction for hairstyling during "The Apprentice," and that he has more than $300 million worth of loans coming due, a rumor started to circulate on social media that White House senior adviser Jared Kushner had quietly deleted all of his tweets from his Twitter account: no federal income taxes   This rumor is false. Kushner didn't delete all of his tweets following the NYT article about Trump's taxes.  The above-displayed tweet contains a genuine screenshot of the @JaredKushner Twitter account. This account has been online since 2009, but it has been used sparingly by its owner. Archived pages show that this account posted three messages back in March 2011  none of which was related to taxes  but was then inactive for at least three years. The few messages that were posted to this account were deleted sometime between 2014 and 2016, and no new messages have been posted since then.  JaredKushner March 2011 at least three years In other words, Kushner didn't wipe his Twitter account clean on the evening of Sept. 27 after the NYT published a story about his father-in-law's taxes. This account rarely posts tweets, and the three tweets that were shared to the account in 2011 (again, none of which were related to taxes) were deleted years ago.  This isn't the first time that someone has stumbled across Kushner's Twitter account in the aftermath of a controversy, noticed that it was barren, and then incorrectly assumed that Kushner had recently scrubbed it clean. In October 2017, shortly after Special Counsel Robert S. Mueller III revealed charges against former Trump presidential campaign chair Paul Manafort and two other campaign officials, social media users noted then that Kushner's Twitter account was suspiciously void of content, and falsely claimed that he had recently deleted all of his tweets. falsely claimed A few months later, when it was reported that Mueller may have interviewed Kushner in the course of his investigation into Russia's meddling in the 2016 presidential election, this false rumor again was circulated on social media:  reported   The @JaredKushner account has been devoid of content since at least 2016. Claims that he recently deleted his tweets in the wake of breaking news stories are false.  Apuzzo, Matt.  "Muellers Prosecutors Are Said to Have Interviewed Jared Kushner on Russia Meeting."
  The New York Times.  29 November 2017. Buettner, Russ; Craig, Susanne; McIntire, Mike.  "Long-Concealed Records Show Trump's Chronic Losses and Years of Tax Avoidance."
  The New York Times.  27 September 2020.
On 11 September 2018, our readers asked for verification of a meme circulating on social media that reported Donald Trump had helped with search-and-rescue efforts in the rubble of the Twin Towers after the 9/11 terrorist attacks 17 years prior: "2 days after the September 11th attacks Donald Trump was at ground zero with hundreds of workers that he payed for to help find and identify victims. Share this photo to remind people exactly what kind of American our President is!"   Although the image used in the meme above was taken on 18 September 2001 outside the New York Stock Exchange, the meme reflects comments Trump made two days after the attack, when he told an interviewer for a German television station about his efforts to help: taken Well I have a lot of men down here, right now. We have over 100 and we have about 125 coming. So we'll have a couple of hundred people down here. And they are very brave and what they're doing is amazing. And we'll be involved in some form in helping to reconstruct.   Trump made similar remarks to an NBC News reporter: NBC News Trump: I have hundreds of men inside working right now and we're bringing down another 125 in a little while. And they've never done work like this before. And they're hard-working people but they've never seen anything like it. And they've never done work like this before, it's terrible. Reporter: Have you spoken to any of your men? Do you know how they're reacting to this, because emotionally this must be so incredibly difficult. Trump: Well there are a lot of them but they've never seen bodies like this -- bodies all over. The great thing is when they find somebody that's alive like the five firemen that they just found a little while ago. So that's the great thing, and that's what they were all striving for. But generally speaking that's not the case. So, they are working very, very hard, but it's a very depressing situation for these folks.  President Trump described it a little differently during a speech at the Pentagon on Sept. 11, 2019, saying he went down to Ground Zero on the day of the attacks "with men who worked for me to try to help in any little way that we could." described it a little differently Trump's statements were vague, so they didn't provide any specifics that would help verify who the men he referenced were, what their relationship to him was, and whether he "paid for" their labor, making it difficult to tease out the accuracy of what he said. His claims about what he did and witnessed on the day terrorists flew jetliners into the World Trade Center buildings have been sources of confusion or consternation since the real estate mogul launched his bid to seek the presidency in 2015. Richard Alles, a retired deputy chief with the New York City Fire Department (FDNY), who now serves as director of 9/11 community affairs for the law firm Barasch McGarry Salzman and Penson, told us that in all the hours, days and months he spent at Ground Zero as an FDNY battalion chief starting 20 minutes after the buildings collapsed, he never witnessed a large group of workers hired by Trump at the site helping with search and rescue. "This is the first Im hearing of it," Alles told us by phone. "There would have been no need for that. Between police, fire and the construction crews, we had it all covered." Alles added that the construction crews he saw at Ground Zero who came to help rescue workers were from the trade unions and were not hired by Trump. John Feal, founder of the 9/11 first responder health advocacy non-profit the FealGood Foundation, responded to Ground Zero on 12 September 2001 as a construction demolitions expert. He also told us he didn't see evidence of hundreds of workers hired by Trump at the site, and added that by 15 September 2001 the area was on lock down. "There was no way anyone could get in and out of there without a [government-issued] badge," he told us. (Feal was forced off the site as of 17 September 2001 when he suffered a life-threatening injury caused by a 4-ton piece of steel falling on his foot, crushing it and resulting in a major infection.) non-profit forced off According to the New York Times, the entire Trump organization didn't even encompass enough people in 2001 to have assisted in the manner described: New York Times [Timothy] OBrien, the author [of TrumpNation: The Art of Being the Donald], said the size of the Trump Organization at the time was a little bit over a dozen people, which would have made it impossible to send hundreds of people to participate in the relief effort. At the time, Mr. Trump had a large number of casino workers based in Atlantic City, but there is no documented evidence of him marshaling his resources to aid in the relief effort. Hes very comfortable propagandizing that event for political purposes, Mr. OBrien said. Even in the face of tragedy, he cant help but self-promote and self-aggrandize. We reached out to the White House Press Office and the Trump Organization asking for corroborating evidence of these claims but received no response, although we don't know of anyone who raised questions about the veracity of his statements at the time they were made. But now that Trump is president, his political opponents seized on the opportunity to proclaim that he was lying about having helped in the aftermath of 9/11: Heres video of @realDonaldTrump claiming he helped look for survivors & clear rubble on 9/11. He didn't. He was lying. #NeverForget pic.twitter.com/gvc3MsbaJZ @realDonaldTrump #NeverForget pic.twitter.com/gvc3MsbaJZ  Scott Dworkin (@funder) September 11, 2018 September 11, 2018 It's not the first time Trump's accounts of his experiences in New York related to the 11 September terrorist attacks have been called into question. In the lead-up to the 2016 presidential election, some critics cited a TIME magazine report that placed Trump in Chicago at the time of the attacks -- but that was due to an error in the report. For his part, Trump claimed at a campaign rally in 2015 that he watched from his apartment in Trump Tower as people jumped from the burning WTC buildings to their deaths, but multiple news organizations pointed out that would have been an impossibility because Trump Tower is four miles away from Ground Zero: some error pointed out I have a window in my apartment that specifically was aimed at the World Trade Center, because of the beauty of the whole downtown Manhattan. And I watched as people jumped, and I watched the second plane come in Trump also famously but falsely claimed repeatedly that he witnessed Muslim Americans in New Jersey celebrating as the WTC buildings came down: falsely claimed Hey, I watched when the World Trade Center came tumbling down. And I watched in Jersey City, New Jersey, where thousands and thousands of people were cheering as that building was coming down. Thousands of people were cheering. Keneally, Meghan and Liz Kreutz.  "Where Donald Trump and Hillary Clinton Were on 9/11."
  ABC News.  9 September 2016. Waldman, Paul.  "Trumps Long History of Lying About 9/11 and Exploiting It for Personal Gain."
  The Washington Post.  11 September 2018. Hind, John.  "21 Awful Truths About 9/11."
  The Telegraph.  5 September 2001. Neilan, Terrence.  "Hopes Are Raised, And Dashed, About Rescue of Firefighters."
  The New York Times.  13 September 2001. Balsalmo, Michael and Nancy Benac.  "Trump's Claims About 9/11 Don't Hold Up to Scrutiny."
  Associated Press.  20 April 2016. Rogers, Katie.  "Fact-Checking Trumps Claim He Spent a Lot of Time With 9/11 Responders."
  The New York Times.  29 July 2019. Claim: Starbucks is giving away free lifetime passes to Facebook users who like and share a post.  Origins:In October2015, links began circulating on Facebook promisingusers free lifetime passes to the Starbucks coffee chain in celebration of the brand's 44th anniversary: The embedded links involved a variety of URLs, some of which included entirely unrelated scam-bait terms like "iTunes" and "Apple." Users who clicked through to claim their purported lifetime pass to Starbucks were routed to a pagereading "Starbucks Is Giving Free Lifetime Pass on it's [sic] 44th Anniversary  (83 Pass Remaining)," which clonedthe style of Facebook-based content (but was hosted on a non-Facebook URL): As noted, URLs visible in the posts didn't point to any credible domains or sites linked to Starbucks. Users were invited to share the come-on via Facebook in order to further spread the hoax, which was a standard survey/sweepstakes scam intended to lure visitors into signing up for various costly subscription offers. By now,most social media users are familiar withsurvey scams: Kohl's, Costco, Home Depot, Lowe's, Kroger, Best Buy, Macy's, Olive Garden, Publix, Target, and Walmart are among retailers used asbait by scammers(seeking personal information and valuable page likes from Facebook users). Kohl's Costco Home Depot Lowe's Kroger Best Buy Macy's Olive Garden Publix Target Walmart scammers A July 2014 article from the Better Business Bureauillustrated how folks might spot and avoid bad actors utilizing the reputations of brands on social media: article Don't believe what you see. It's easy to steal the colors, logos and header of an established organization. Scammers can also make links look like they lead to legitimate websites and emails appear to come from a different sender. Legitimate businesses do not ask for credit card numbers or banking information on customer surveys. If they do ask for personal information, like an address or email, be sure there's a link to their privacy policy. When in doubt, do a quick web search. If the survey is a scam, you may find alerts or complaints from other consumers. The organization's real website may have further information. Watch out for a reward that's too good to be true. If the survey is real, you may be entered in a drawing to win a gift card or receive a small discount off your next purchase. Few businesses can afford to give away $50 gift cards for completing a few questions. Starbucks did once give away a lifetime supply of free coffee to 14 people as part of their "Starbucks It's a Wonderful Card Ultimate Giveaway" promotion (the 10k hammered gold cards from which were used by the scammers for the picture displayed above), but that giveaway ended early in 2015. promotion   Last updated: 25 October 2015 Originally published: 25 October 2015 Many homeowners are currently receiving receipts stamped Paid in the mail for their 2018 property tax bills. Whether the bill goes up or down each year is of paramount importance to homeowners. So politicians are also eager to weigh in on the issue. Today, property taxes are lower than they were in 2010. Allowing taxpaying to keep more of their hard-earned money has been and will continue to be a top priority, state Rep. John Nygren, R-Marinette, said Jan. 11, 2019 in atweet. Property taxesare levied on most types of real estate -- including homes, businesses, and parcels of land. The amount owed depends on the fair market value of the property, as determined by the local assessor. Is Nygren right? Are property taxes lower today than they were in 2010? The evidence The year 2010, of course, is not an arbitrary starting point. It marks the year Republican Scott Walker was elected governor and when the GOP won full control of the Legislature. Democrat Tony Evers is now in the governors office, after topping Walker in the 2018 election. When asked for backup to the claim, Nygrens chief of staff Nathan Schwanz pointed to a January 2019 report from theLegislative Fiscal Bureauon median property tax payments in the state. The nonpartisan fiscal bureau is considered the gold-standard on such financial and budget issues. Here is its breakdown for the years in question: 2010 - 2011-- $2,963 2011- 2012 -- $2,953 2012 - 2013 -- $2,943 2013 - 2014 -- $2,926 2014 - 2015 -- $2,831 2015 - 2016 -- $2,849 2016 - 2017 -- $2,852 2017 - 2018 -- $2,876 2018 - 2019 -- $2,870 (preliminary estimate)  So, the 2018-19 total is, indeed, lower than the 2010-11 total. The fiscal bureau regularly does such estimates, and they are routinely cited by politicians of both stripes.But its important to note they are an illustration -- some people's property taxes went down, some went up. Even if your home value was right at the statewide average, your tax bill might have been higher due to various factors, including levies in individual communities. Past ratings Meanwhile, we have checked variations of this claim in the past: *July 15, 2015: Walker claimed that because of his actions, property taxes were lower than they were four years earlier. Walkers actions to limit the ability of local governments and school districts to raise levies played a major role. But we found the lower property taxes to that point were also due in part to declines in housing values. Our rating:Mostly True. *Jan. 13, 2017, Walker said property taxes -- as a percentage of personal income -- were the lowest that they've been since the end of World War II An analysis by the nonpartisan Wisconsin Taxpayers Alliance showed that on the measure Walker cited, they were lowest since 1946. Our rating:True. *June 7, 2017, after a lower than 2010 claim from Walker, we wrote that fiscal bureau estimates of the hypothetical property tax on a median-valued home found the tax was indeed lower. That time we found the drop in residential property taxes was due to commercial and manufacturing properties rising at a faster rate -- not due to collecting less revenue. Our rating:Mostly True. Finally, we also used the Walk-O-Meter to monitor a promise by Walker to continue to reduce the tax burden on working families and seniors every year he was in office. This, of course, applied to all taxes -- not just property taxes. We rated the pledgePromise Kept. Are there any wrinkles this time? Yes. According to the fiscal bureau, the change over the latest two years -- from 2017-18 to 2018-19 -- is a net decrease for homeowners, even though the gross tax bill is projected to increase. Whats behind the difference? Funding for the lottery and gaming property tax credit increased by about $66 million, which contributed to the decrease in the median net tax bill. Where Wisconsin ranks To be sure, Wisconsin property taxes remain among the highest in the United States. Various property tax trackers place Wisconsin in the top 10, sometimes in the top five. The personal finance websiteWalletHubanalyzed data from the U.S. Census Bureau for all 50 states and the District of Columbia. The website also used rates to obtain the dollar amount paid in real estate taxes on a median-valued home in each state. It ranked Wisconsin as the fifth worst state for property taxes. With the median home value sitting at $167,000, the typical tax bill comes to $3,257, according to WalletHub. Filling out the rest of thetop fivefor 2018 were: Median Home valueTaxes New Jersey: $316,400            $7,601 Illinois:  $174,800                  $4,058 New Hampshire: $239,700     $5,241 Connecticut: $269,300            $5,443 Wisconsin: $167,000              $3,257 But Nygrens claim was not about the states rank. So that does not factor into our rating. Our rating Nygren said today, property taxes are lower than they were in 2010. Data from the Legislative Fiscal Bureau shows the statement generally rings true. But there have long been wrinkles on these claims -- from declining property values driving the drop to an increase in commercial and manufacturing property values shifting the burden from homeowners. Those sorts of factors are still in play, this time with tax credits contributing to latest decrease. And the rating is still Mostly True. In October 2017, multiple versions of a dubious post titled "Pizza Hut is giving 3 FREE Large Pizza Coupon on their 58th Anniversary" circulated on Facebook. The link lead to suspicious domains including pizzahutfree.us, pizzahut.com-freezones.us, pizzahut.com-freezones.us, and massiveoffers.xyz/p/, none of which followed the proper formatting for a pizzahut.com subdomain, which is "link.pizzahut.com." Those who clicked through found a page that looked somewhat legitimate, but showed signs of being a very common survey scam. Users were first asked a series of questions: page very survey scam   The page followed a common scammer template of appropriating Pizza Hut's logo and Facebook's visual interface, but sloppily boasted that entrants had "a chance to get [a] Papa [John's] Coupon." Any interaction with the prompts (again mentioning Papa John's 58th anniversary, not Pizza Hut's) led to a screen encouraging potential victims to spread the scam further on Facebook:   Underneath the "Congratulations" interface was a series of what appeared to be comments from real Facebook users who'd successfully redeemed the purported coupon. All of the profiles featured were for individuals with jobs displayed as "MD, at the Hospital":   Pizza Hut addressed a previous flood of customer queries on their Facebook wall during a similar scam in May 2016: Facebook users continue to regularly encounter survey scams (quite often the "anniversary" version) on the social network. A July 2014 article from the Better Business Bureau advised users how not to fall prey: anniversary article Dont believe what you see. Its easy to steal the colors, logos and header of an established organization. Scammers can also make links look like they lead to legitimate websites and emails appear to come from a different sender. Legitimate businesses do not ask for credit card numbers or banking information on customer surveys. If they do ask for personal information, like an address or email, be sure theres a link to their privacy policy. When in doubt, do a quick web search. If the survey is a scam, you may find alerts or complaints from other consumers. The organizations real website may have further information. Watch out for a reward thats too good to be true. If the survey is real, you may be entered in a drawing to win a gift card or receive a small discount off your next purchase. Few businesses can afford to give away $50 gift cards for completing a few questions. Patterson, Emily.  Customer Survey Scam Lures Victims with Gift Card. 
 Better Business Bureau.  4 July 2014. A gun reform group founded by former U.S. Rep. Gabrielle Giffords and her husband, former astronaut Mark Kelly, has turned its focus to New Hampshire, running a TV ad that criticizes Republican congressional candidate Marilinda Garcia not only on gun ownership, which is the groups main focus, but also on the minimum wage and equal pay for women. In a 30-second spot titled Strange Ideas, Giffords group, Americans for Responsible Solutions, asserts that Garcia holds views different from a majority of New Hampshire residents. Marilinda Garcia has some strange ideas. Most people in New Hampshire want to raise the minimum wage. Garcia opposes it. Most people support guaranteeing women get equal pay for equal work. Garcias against that, too. Garcia even opposes closing the loophole that allows dangerous criminals to get a gun without a background check. Granite Staters deserve commonsense leadership, not Marilinda Garcia. PolitiFact New Hampshire decided to check the record on those claims. In this item, well check Garcias stance on a minimum wage increase. Garcia, a state representative, is challenging incumbent U.S. Rep. Ann McLane Kuster, a Democrat, for the 2nd Congressional District seat. The Americans for Responsible Solutions PAC unveiled the advertisement in September, just as it stopped airing a controversial TV ad that accused a congressional candidate in Arizona of opposing legislation that aims to prevent convicted stalkers from buying guns. On-screen, the New Hampshire ad cites a WMUR-TVpoll from Februarythat found three-quarters of New Hampshire residents supported raising the state minimum wage to $9 an hour. That provides support for the ads claim, though its worth noting that a federal proposal supported by President Barack Obama and other Democrats would push it higher, to $10.10 an hour. At the time the poll was conducted, the New Hampshire Legislature was considering a bill (HB1403) to increase the minimum wage from $7.25 to $8.25 in 2015, and then to $9 in 2016. The poll, conducted by the University of New Hampshire Survey Center, found that 59 percent of residents strongly supported the increase and another 17 percent somewhat supported it. Eight percent strongly opposed it and 5 percent somewhat opposed it. Another 11 percent were neutral or don't know enough to say, according to WMUR. New Hampshire is the only state among its neighbors without a higher wage than the federal floor of $7.25, and it has the lowest minimum wage of any New England state. The minimum wage is $8.73 an hour in Vermont, $8 in Massachusetts and $7.50 in Maine. All told, it is one of 18 states have the same minimum wage as the federal minimum of $7.25, according to theNational Conference of State Legislatures. About a month after the poll, the New Hampshire House of Representatives voted toincrease the states minimum wageby a vote of 173-118. Legislators voted mostly along party lines, with five Democrats voting against it and four Republicans voting for it. We checked theroll callto see how Garcia voted, but on three successive votes on March 12, 2014, related to the minimum wage bill, Garcia did not cast a vote. Later, in May, the Republican-controlled State Senatekilled the bill, with all 13 Republicans voting against it and 11 Democrats voting in favor of it, a process in which Garcia played no official role. An earlier legislative battle over the minimum wage in New Hampshire also sheds light on Garcias record. In 2011, the New Hampshire legislature, with a majority of Republicans in the House and Senate, passed a bill that deleted the states minimum wage, meaning that the states lowest wage would be the federal minimum. At the time, New Hampshires minimum wage was $7.25 an hour, the same as the federal amount, but critics said the bill was intended to keep the states minimum wage as low as possible. In the House, Garcia was one of 236 legislatorsto vote in favorof that bill, HB133. After passing the state Senate, Gov. John Lynch vetoed the measure. Both the House and Senate overrode Lynchs veto, and Garcia was one of261 members of the House to vote in favorof overriding the governor. So, while Garcia has no voting record on the 2014 minimum wage increase in New Hampshire, she did take a clear stand on the 2011 law tying the states minimum wage to the federal one. As further evidence of Garcias opposition to increasing the minimum wage,  the ad cites an article fromThe Hill, a newspaper that covers Congress,which reported that Garcia opposes a minimum wage hike. That article, publishedJune 9, introduced Garcia -- then considered an underdog in the Republican primary against state Sen. Gary Lambert -- to a national audience. The article reviews her record as a state legislator and points to how some GOP establishment figures had feared Garcia would be viewed as too conservative in a general election race. The article quotes Garcia saying in a March interview that while increasing the minimum wage superficially seemed like a good idea, it wouldnt actually help anybody much more and could in fact hurt. It actually has negative outcomes in many areas. One would be, if were trying to encourage people to educate themselves further so they dont have to stay in a minimum-wage job anymore, raising [the minimum wage] lowers the incentive to do that, she said. Garcias stance hasnt changed since then. In an email message to PolitiFact New Hampshire, Kenny Cunningham, the Garcia campaigns political and communications director, reinforced the position. A one-size-fits-all minimum wage from Washington, D.C., is counter-productive. Economists agree it would increase unemployment, particularly amongst teenagers, Cunningham said. Instead, Marilinda wants to reduce Americas highest-in-the-world corporate tax rates and rein in job-killing regulations. Our ruling An ad from the liberal Americans for Responsible Solutions PAC says most people in New Hampshire want to raise the minimum wage, but Marilinda Garcia opposes it. Polls from when the New Hampshire Legislature was considering raising the states minimum wage showed that a majority of residents surveyed supported increasing the wage from the federal minimum of $7.25 to $8.25 and eventually to $9 an hour. And Garcia has gone on the record criticizing attempts to raise the minimum wage, saying its effects could be counter-productive and could lead to negative outcomes. She also cast several votes in 2011 that effectively kept the state minimum wage the lowest in the region. The claim needs a slight clarification. As backup for the assertion that most people in New Hampshire want to raise the minimum wage, the poll cited a poll that asked residents about a $9 minimum wage. Its not clear whether residents would support a hike to the higher level of $10.10, as the president and congressional Democrats are seeking. On balance, we rate the claim Mostly True. In early 2021, readers asked Snopes to examine the accuracy of a widely-shared social media post that purported to describe U.S. President Joe Biden's intention to eliminate a piece of tax law that allows taxpayers to benefit from selling on a home that is left to them by their parents. The post  which was critical of Biden and the supposed plan  first emerged during the 2020 presidential election campaign, but regained prominence after Biden was inaugurated in January 2021. It typically read as follows: first emerged regained Did you know Biden wants to get rid of something called "stepped up basis"? How does this affect you! When your parents pass and leave you the family house, normally you would inherit that property at what it is worth today. If you were to sell that house you would only pay taxes on the gain from what it is worth today and what it sells for. If Biden does away with "stepped up basis," you will inherit the property for what your parents paid for the property. If you decide to sell you will pay taxes on the difference between the original purchase price and what it sells for today. Here is what this looks like! Current PolicyInherited House at Current Value - $200,000Sells for $205,000Taxable income = $5000Taxes Due - 20% of $5000 = $1000Profit to you = $204,000Biden PolicyInherited House at original purchase price - $40,000Sells for $205,000Taxable income = $165,000Taxes Due - 20% of $165,000 = $33,000Profit to you = $172,000If your parents were to have sold this property prior to passing, they would have paid no taxes because it was their primary residence.So much for helping the middle class get ahead.My educated guess would be that at least 95% of Americans dont even know Biden has proposed this. We are talking tens of thousands of more tax dollars for the average sold after inheritance! Wow, google Biden stepped up basis and educate yourself because this is a biggie! Please share!   The viral post accurately stated that Biden proposed getting rid of the "stepped-up" basis for capital gains tax, and correctly explained the potential practical consequences for an individual taxpayer who inherits a home. In fact, the tax hit for wealthier individuals would be even greater than the post stated, because Biden has also proposed doubling the rate of long-term capital gains tax for those with income over $1 million. We are issuing a rating of  Here's how the nonpartisan Congressional Budget Office describes the stepped-up basis for capital gains tax, which is the tax due on profits from the sale of an asset, such as shares, a piece of property, and so on: describes When people sell an asset for more than the price for which they obtained it, they realize a net capital gain. The net gain is typically calculated as the sale price minus the assets adjusted basisgenerally the original purchase price adjusted for improvements or depreciation. To calculate the gains on inherited assets, taxpayers generally use the assets fair-market value at the time of the owners death, often referred to as stepped-up basis, instead of the adjusted basis derived from the assets value when the decedent initially acquired it. When the heir sells the asset, capital gains taxes are assessed only on the change in the assets value relative to the stepped-up basis. As a result, any appreciation in value that occurred while the decedent owned the asset is not included in taxable income and therefore is not subject to the capital gains tax. In 2015, then-President Barack Obama also proposed eliminating the stepped-up basis. Here's his administration's explanation of how it works: explanation ...Suppose an individual leaves stock worth $50 million to an heir, who immediately sells it. When purchased, the stock was worth $10 million, so the capital gain is $40 million. However, the heirs basis in the stock is stepped up to the $50 million gain when he inherited it  so no income tax is due on the sale, or ever due on the $40 million of gain. Each year, hundreds of billions in capital gains avoid tax as a result of stepped-up basis.  During the 2020 presidential election, Biden and his campaign repeatedly expressed his intention to get rid of the stepped-up basis. As first highlighted by Politifact, the Biden campaign presented the proposal as a partial way to pay for its proposed student loan reforms. In October 2019, ABC News reported that: Politifact ABC News The plan makes official several policies the former vice president often discusses on the trail about student debt as well. Bidens policy includes his plan for reducing student loan debt obligations for students who go into the public service sector, allowing $10,000 of undergrad or graduate debt relief per year for up to five years of service. Biden would also double the maximum amount of Pell grants available to students, including Dreamers, and would allow students making less than $25,000 a year to defer payments on their federal loans without accruing interest. Any student making more than $25,000 would pay 5% of their discretionary income toward their loans rather than the current 10% owed. The plan would be paid for through the elimination of the stepped-up basis loophole, a type of break on inheritance taxes, and capping itemized deductions for wealthy Americans at 28%, according to the campaign. In June 2020, according to CNBC, Biden told would-be donors: "Im going to get rid of the bulk of Trumps $2 trillion tax cut, and a lot of you may not like that but Im going to close loopholes like capital gains and stepped-up basis. CNBC On the Biden-Harris campaign's website, a Spanish-language document outlining the campaign's plans for education reforms stated (translated): document The Biden plan for post-secondary education is a $750 billion investment over 10 years, aimed at developing a stronger and more inclusive middle class. It will be paid for by ensuring the super-rich pay their fair share. Specifically, this plan will be paid for by eliminating the gap in our tax law known as the "Stepped-up Basis Loophole" as well as reducing the itemized deductions that the richest Americans can make to 28 %. [Emphasis is added]. Elsewhere, the Biden campaign proposed not only getting rid of the stepped-up basis, but also doubling the tax rate for long-term capital gains  that is, profits from the sale of an asset that you owned for more than one year  for relatively wealthy taxpayers. Here's what the Biden-Harris campaign website stated, as part of the campaign's healthcare plan: long-term stated As President, Biden will make health care a right by getting rid of capital gains tax loopholes for the super wealthy. Today, the very wealthy pay a tax rate of just 20% on long-term capital gains... As President, Biden will roll back the Trump rate cut for the very wealthy and restore the 39.6% top rate he helped restore when he negotiated an end to the Bush tax cuts for the wealthy in 2012. Bidens capital gains reform will close the loopholes that allow the super wealthy to avoid taxes on capital gains altogether. Biden will assure those making over $1 million will pay the top rate on capital gains, doubling the capital gains tax rate on the super wealthy. The Facebook post shared widely in late 2020 and early 2021 accurately described Biden's stated intention to get rid of the stepped-up basis for capital gains tax, a move that would indeed increase the tax burden on a notional individual who inherits a piece of property from their parents, before selling it on. The tax hit for wealthier taxpayers would be even greater than the Facebook post outlined, since Biden has also proposed increasing the rate of long-term capital gains tax for those with an income above $1 million. The Facebook post did not mention that Biden had stipulated he would use the money raised from eliminating the stepped-up basis to help pay for his healthcare and education plans. We are issuing a rating of  Snopes contacted the White House to ask whether the Biden administration still intended to push for the elimination of the stepped-up basis, but we did not receive a response in time for publication. On July 12, 2022, a Facebook page called "Just Boxing 101" posted a meme that claimed former heavyweight champ Mike Tyson once said, "Social media made y'all way to [sic] comfortable with disrespecting people and not getting punched in the face for it." An official social media account for Tyson really did share this quote with an image of him, and he appears to be the original author of the message. posted Mike Tyson The post on the boxing page received over 14,000 shares in three days.  For our research, we searched Twitter for the quote, and found a tweet that claimed Tyson had posted the message on Facebook in 2020. That information led us to his original post. Twitter tweet Tyson Facebook post  This post truly did come from Tyson's official, and verified, Facebook page. For that reason, we rated this claim "Correct Attribution." While we were looking around for evidence of the Tyson quote, we noticed a user in a Facebook group named "Snowflake Central" shared the above-mentioned meme, generating hundreds of additional views of it.  Snowflake Central shared This Facebook group, with its more than 30,000 members, deserved a closer examination because it included characteristics that are often indicative of foreign-run social media accounts that spread propaganda and disinformation to a U.S. audience.  Firstly, this Facebook group claimed that it was based in California City, California. While California City is a real city with around 14,000 residents, we have found in several past investigations that many politically-oriented Facebook accounts, pages, or groups that showed the town as their location were actually managed by foreign users pretending to be Americans. 14,000 residents several past investigations  Why California City? It's plausible to suppose that foreign propagandists and disinformation purveyors mistakenly typed the state name in the city field when filling out the various questions to set up accounts, pages, and groups on Facebook. The first city to auto-populate when typing "California" into the city field on Facebook is California City. Another indication of the "Snowflake Central" group's suspicious origins: its administrators. Four administrators were publicly displayed on the page, and one of those accounts had a duplicate account and claimed to be the "CEO at eBay" (and it wasn't Jamie Iannone, the e-commerce site's real CEO). Meanwhile, another a Facebook page, not a profile, for a political organization named "Criminal Illegal Aliens - CIA Report" was listed as another administrator for the "Snowflake Central" group. Jamie Iannone Criminal Illegal Aliens - CIA Report We will continue to monitor this Facebook group's future activities. In sum, aside from the separate issue of the suspect Facebook group, Tyson truly did once endorse the idea that, "Social media made y'all way too comfortable with disrespecting people and not getting punched in the face for it." California City, California. City-Data.com, https://www.city-data.com/city/California-City-California.html. Can I Create Multiple Facebook Accounts? Facebook Help Center, https://www.facebook.com/help/975828035803295. Just Boxing101. Facebook, 12 July 2022, https://www.facebook.com/SwankyBoxing/. @LetsGoBackToWCW. Twitter, 21 Apr. 2022, https://twitter.com/LetsGoBackToWCW/status/1517200419763761152. Mike Tyson Internet Trolls Speech Becoming the Legends Best Quote. WBN - World Boxing News, 17 May 2022, https://www.worldboxingnews.net/2022/05/17/mike-tyson-internet-trolls-truth/. Snowflake Central. Facebook, 14 July 2022, https://www.facebook.com/groups/928256410610708/. Tyson, Mike. Facebook, 3 July 2020, https://www.facebook.com/profile.php?id=100044612701436. In November 2013, South Korean designer Jeabyun Yeon unveiled his concept for a "Portal Oxygen Respirator" dubbed Triton, a device that would allow people to breather underwater "simply by biting it," at theSamsung Art and Design Institute (SADI)graduation exhibition: South Korean designer Jeabyun Yeon just unveiled a conceptual scuba mask that would allow divers to breathe underwater without air tanks. The mask, called the Triton, consists of two branching arms designed to serve as "gills" that extract oxygen from the water and deliver breathable air directly into their wearer's lungs. Instead of hauling around heavy scuba equipment, swimmers could simply bite down on a plastic mouth piece.  Yeon's concept proved popular, and in March 2014 the web siteInhabitat published an article about the nifty design. Whilethat article correctly described the Triton as a "conceptual scuba mask" and noted that "the design is just a concept" that may "someday be turned into a commercial product," the article'sheadline ("Triton Scuba Mask Transforms Divers into Human Fish") misled some readers into believing that the Triton was a fully developed, workable, real product. headline An IndieGogo page dedicated to raising funds for the project explains how the Triton gills supposedly work: Triton employs cutting-edge technology to produce 'artificial gills'. TheMicroporous Hollow Fiber makesbreathing underwater possible. The holes of the threads are smaller than water molecules, they keepwater out and let oxygen in. The micro compressor then extracts and stores the oxygen  allowing youto breathe naturally and revel in your underwater freedom. We are using a very powerful modified micro compressor, it compresses oxygen and stores the extracted oxygen in a storage tank.The micro compressor operates through a powerful modified lithium-ion battery.  However, as more skeptical reports have noted, the Triton is far more concept than product, and not necessarily a concept that will ever be realizable: skeptical   I'm not sold on the Triton. My biggest issue with it is that it would just have to filter so much water to provide all the oxygen a human needs for a single breath. The average human need 500mls of air with every breath; going in, the air has a 21% oxygen concentration and a 16% concentration coming out, for a total of ~25mls of oxygen intake with every breath. Scientific literature places the concentration of oxygen at 6mg/L of ocean water so the Triton would have to go through ... about 6L of water for each breath (assuming our lungs can scrub almost all the oxygen in the air which they don't)? I dont really think it can do that. That being said, finding a way to take oxygen out of seawater is a great idea. But Yeon needs to make this thing go through a lot of sea water very fast before it's actually usable for diving   Yeonuploaded a videoon 20 February 2016 supposedly showing a working prototype of a set of Triton gills, but given the number of cuts in the video (such that the diver is never seen fully underwater for an extended period of time and could simply be holding his breath), it's not possible to determine if the product shown actually works as claimed:  After the release of the promotional video, more articles expressed some of the same doubts about the viability of such a device, and more: articles   There are several raised by experts and commentators about the device: 1) The device has to be able to extract enough oxygen from the water to allow you to actually breath.  This is possible in theory however as pointed out in an article on Deep Sea News in 2014 (when the device first came to light as a concept) it requires not only an incredibly efficient ability to extract the oxygen  which the designers say is down to a new Microporous Hollow Fiber  but also water has to be forced through the device at upward of five liters every 15 seconds which could only be achieved with a pump bigger than the whole Triton design. 2) Next is the issue of storing the gas in a chamber  this would require a compressor and battery "order of magnitude more efficient than anything on the market today".  The makers claim on the website that they have a "very powerful modified micro compressor" but again without any real proof. 3) Let's say theyve managed to crack those two issues the next one is the ability to deliver the oxygen to you in the right amount at the right pressure to be able to breathe.  This is possible as we see it in open-circuit Scuba systems and in Closed Circuit Rebreathers however, again, there is no technology on the market right now that can achieve such a feat in such a small design. 4) Finally there is the video, on face value it looks like there is a working unit, however on close inspection you can see that it is made up of several short clips where the person seems to be getting progressively more negatively buoyant (probably due to expelling air from their lungs to create the "bubbles" from the device) and no clip ever shows a person underwater for longer than one minute.  As we know from Freediving that is not even a difficult breath-hold for most people. All-in-all the possibility of a device such as Triton is not beyond the realm of possibility at some point; sadly, though, the challenges faced by the designers just do not seem to be reasonably solved with technology available today.  The designers would have had to have developed 3 or 4 incredibly efficient and compact new technologies to make this possible.   Other commentators began question whether the Indiegogo campaign to fund development of the Triton gill device might not be a scam, given the extreme scientific unlikelihood that such a device could be built with existing technology and the lack of evidence for Triton's having produced anything beyond a mere concept: scam   Right now, an Indiegogo campaign for a device that its makers claim is "the future of underwater breathing" is raking in cash  more than $600,000 at the time of this post, $100,000 of which poured in over just 24 hours. It's easy to see the appeal of the handheld device, called the "Triton." Diving equipment is heavy and complicated. Meanwhile, the Triton looks seductively simple and the campaign says it "allows you to breathe underwater." But despite the slick crowdfunding campaign, there's no real evidence that this device actually works, multiple experts told Tech Insider. One of them is Neal Pollock, a research associate at the Center for Hyperbaric Medicine and Environmental Physiology at Duke University Medical Center, and the research director for the Divers Alert Network  a non-profit organization that helps divers in medical emergencies and promotes dive safety. "In concept it sounds very good and it's very exciting," Pollock tells Tech Insider, but "I would not encourage anyone pulling out a wallet." For the makers of Triton to prove they've invented a device that can actually do what they say it can, Pollock and other experts want to see more evidence; the crowdfunding campaign and Triton website simply don't provide enough to go on. Regardless, Pollock notes the technological challenges involved in creating a device like Triton are so vast that "it's not realistic, it's science fiction."   On 1 April 2016, Triton published an update announcing the release of a new video showing the product in action.  They also disclosed that the Triton requires the use of 'liquid oxygen' cylinders, and that they had decided to refund the donations of all the backers who had contributed to so far and launch a new campaign: update video   Inside of each Triton, the artificial gills utilize liquid oxygen, which combined with the other components allow users to breathe underwater, which you can see in the video above. We will release more information about the liquid oxygen cylinders and safety strap. Note that the liquid oxygen cylinders wont last forever so we plan to make it possible for backers to purchase and exchange cylinders through our website. They will come in packs of 1, 3 and 5, and well list prices as soon as they are finalized. Were also working on a solution to make them refillable. We wanted to share it at the beginning of the campaign but were hesitant because we also wanted to  protect our intellectual property. Our success and the positive comments we have received have made it clear that these details are important for our backers to understand. We launched this campaign to build a community of people who are excited to bring Triton to life, and we are committed to making sure our backers feel confident in our efforts. After careful consideration and in light of this new information, we have decided to refund all Triton backers and launch a brand new campaign. In November 2023, multiple Facebook ads were displayed to users that led to an article that bore the People magazine logo and claimed that Sheryl Underwood, the longtime co-host of "The Talk," would be leaving the TV talk show to work on expanding her own line of keto gummies for weight loss. However, this was not true. Underwood has nothing to do with any keto gummies for weight loss, nor did People magazine ever publish any such story. Underwood was simply the latest person in a long line of famous people who had had their image and likeness used without permission to sell keto gummies. Further, this false rumor that mentioned Underwood led to a dangerous scam that could potentially cost victims thousands of dollars per year. a long line of famous people One version of the Facebook ad claimed, "Producers are furious that she came forward." The headline in the ads read, "Sheryl Abandons 'The Talk' After Confessing Her Trick." Two of the false Facebook ads that promoted the scam. These ads led to a fake People magazine article on scam websites including emperorsland.pro, sizzlingpear.pro, mindfulmovement.pro and chillytreats.info. (We were unable to provide an archived link to the article since scammers design these websites so that the scam version of the page is cloaked from prying eyes  that is, unless users specifically came from a Facebook ad.) This is not a true story, nor did People.com ever publish any such article. The fake People magazine article, which was nothing more than fiction and a scam, began as follows: Sheryl Underwood Confirms She Is Leaving 'The Talk' After Her Accidental 'Live' Confession On-Air... The host said that it was 'time for a break', but she may actually have bigger things in mind. (People) - Sheryl Underwood, the 60-year-old host on CBS's show 'The Talk', shocked everyone when she announced her departure from the show after 12 record-breaking years on-air. Sheryl, who has earned the reputation of being one of the most business savvy women in the industry, made sponsors (and CBS) FURIOUS. Why? Because Sheryl failed to disclose her new weight loss line to the network. Sheryl's new company is actually a HUGE competitor to CBS's current sponsor Weight Watchers because Sheryl's product is 90% cheaper and five times more effective than Weight Watchers's competing product. According to sources, CBS made Sheryl decide on which direction she was going to focus on in the future. Being so turned off by the reaction of the network and their power move she has decided to pursue her new weight loss line and dream. The scam article went on to falsely claim that other celebrities had joined with Underwood to promote the products, whether they be Belly Blast Keto Gummies, Total Fit Keto Gummies or other products. It is a fact that no celebrities have ever endorsed keto gummies that are purportedly intended for use in weight loss. Websites that promote sales of keto gummies for weight loss usually lack information about the true creators of the products and the source of where they were packaged. In the past, some consumers who fell victim to these scams told Snopes that the post office box numbers included in return addresses for the products don't exist. The rabbit hole for keto gummies goes even deeper, however. Two odd scenarios have been laid out by numerous victims of the scams, which usually involve monthly subscription fees often reported as being around $200 or more, or around $2,400 per year. Some consumers said that they never ordered the products but kept receiving shipments that they had no way of returning, due to fake return addresses. On the flip side, other customers said that they received charges for the products on their credit card statements despite never having ordered them, and then never received any products in the mail. Further, listings for keto gummies for weight loss on Amazon.com and Walmart.com often feature the words "Shark" and "Tank," although not consecutively as "Shark Tank." The two words are included in product listings on Amazon.com and Walmart.com so that any customers searching online for keto gummies with the words "Shark Tank"  after those same customers saw false claims that said the TV show's investors endorsed the products  would then fall victim to the scam and purchase the products based on the "Shark Tank" lie. Again, to be clear, no investors associated with "Shark Tank" ever endorsed gummies. false claims If any readers have been victimized by these scams, we recommend contacting your credit card company immediately, reporting fraud to the FTC and also searching the U.S. Better Business Bureau's (BBB) website to perform a search for the product name associated with the purchase on your account or the product that arrived at your doorstep, so that you can find the company or LLC connected with the scam. reporting fraud to the FTC website Liles, Jordan. Shark Tank Keto Gummies Weight Loss Reviews Are a Scam. Snopes, 14 Mar. 2023, https://www.snopes.com/fact-check/shark-tank-keto-gummies-weight-loss-reviews/. Curious about how Snopes' writers verify information and craft their stories for public consumption? We've collected some posts that help explain how we do what we do. Happy reading and let us know what else you might be interested in knowing. help explain let us know In January 2022, an image circulated online allegedly alerting Caucasian customers of the fast food chain McDonald's that they would be required to pay an additional fee:   "As an insurance measure, due in part to the recent coup attempt of the Capital (sic) earlier this year, all Caucasian customers are required to pay an additional fee of $1.50 per transaction." McDonald's has no such policy, but the image appears to be a variation of a similar internet post. In 2012, a similar image with similar wording circulated online claiming that McDonald's was instituting an additional $1.50 fee on Black customers. claiming Mikkelson, David. "FACT CHECK: Did a McDonalds Impose a Surcharge on African-American Customers to Cover Robbery Insurance? Snopes, 24 Jan. 2012, https://www.snopes.com/fact-check/self-insured/.