Skip to content

Monday, Apr. 4, 2022

Does the government want to tax everyday Americans whose homes have gone up in value?

Christiana Dillard, Lead Stories

no

The White House recently proposed a "minimum tax" on the "full income" of American households worth $100 million or more, including "unrealized appreciation." According to the press release, "The tax will apply only to the top one-one hundredth of one percent (0.01%) of American households."

This fact brief is responsive to conversations such as this one.

About fact briefs

Fact briefs are bite-sized, well-sourced explanations that offer clear "yes" or "no" answers to questions, confusions, and unsupported claims circulating online. They rely on publicly available data and documents, often from the original source. Fact briefs are written and published by Gigafact contributor publications.

See all fact briefs

Lead Stories is a fact checking and debunking website at the intersection of big data and journalism that launched in 2015. It scouts for trending stories, images, videos and posts that contain false information in order to fact check them as quickly as possible. It actively monitors the fake-news ecosystem and doesn’t wait for reader tips or reports before getting started on a story.

Learn More

Be a Friend of facts

Help us fund more great fact briefs like this one.