taxes Archives | Snopes.com

I Owe How Much? Americans Shocked By Impact of New Tax Law

Few taxpayers appear to have heeded the IRS’ advice to do a “paycheck checkup” to...

Probes of Trump Taxes Carry Potential for Millions in Fines

The New York Times is reporting that President Donald Trump received at least $413 million...

Does the GOP Tax Plan Include a Tax Cut for Private Jet Owners?

A proposal included in the Senate tax reform bill formalizes a longstanding IRS policy of...

Does The Republican Tax Bill Include a Tax Loophole Benefitting Golf Course Owners?

The "conservation easement" deduction is part of the GOP's current tax legislation -- but it...

Does the GOP Tax Bill Introduce Anti-Abortion “Fetal Personhood” Legislation?

The current GOP plan allows "unborn children" to be listed as beneficiaries of college funds,...

How Taxes Work

A humorous essay seeks to describe how taxes work in the context of ten men...

Police in India Raid Call Center Accused of Scamming U.S. Citizens

Indian news media report that hundreds of call center employees were detained and dozens arrested.

Hillary Clinton Targets Family Farms with 65% Estate Tax?

Hillary Clinton has been criticized for proposing a 65% estate tax that would put family...

$42.4 Billion Consumer Rebate Program

Misleading ads touting a "new law" that provides consumers with a "cash rebate on every...

Will Alaska Pay You $2,000 Not to Leave the State?

A partially accurate meme claimed that Alaska will pay you more than $2,000 not to...

Tampon Tax

Most states maintain a "tampon tax," meaning the products are not exempt from state sales...

Dueling Memes Debate Denmark’s Social Infrastructure

Contrasting memes describe the benefits and downside of living within the Danish social system.