A recent government report showed Gross Domestic Product (GDP) for this year’s second quarter was 4.1 percent – its highest since 2014. Trump used this opportunity to claim credit for this “economic turnaround of historic proportions,” which it surely is not.

Chuck Collins, director of the Program for Inequality and the Common Good, joined Rising Up With Sonali to discuss Trump’s exaggeration of the health of our economy, as well as how a little-known loophole is allowing the rich to warehouse wealth, disguising it as charitable giving.

This interview originally appeared on Rising Up With Sonali.

Chuck Collins directs the Program on Inequality and the Common Good at the Institute for Policy Studies.