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Tagged "taxes"

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

19 February 2019 Few taxpayers appear to have heeded the IRS’ advice to do a “paycheck checkup” to make sure they had the proper amount withheld.

Probes of Trump Taxes Carry Potential for Millions in Fines

4 October 2018 The New York Times is reporting that President Donald Trump received at least $413 million from his father over the decades, much of that through dubious tax dodges, including outright fraud.

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

5 December 2017 A proposal included in the Senate tax reform bill formalizes a longstanding IRS policy of not subjecting private jet owners to a “ticket tax.”

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 is not a recent addition.

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

16 November 2017 The current GOP plan allows "unborn children" to be listed as beneficiaries of college funds, interpreted as an effort to legally define fetuses as people.

How Taxes Work

7 January 2003 A humorous essay seeks to describe how taxes work in the context of ten men splitting a dinner check.

Did Bill Murray Recommend Eating Children’s Ice Cream to Teach About Taxes?

23 February 2017 A quote attributed to the actor is being shared on social media, but it originated from a parody Twitter account.

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

7 October 2016 Indian news media report that hundreds of call center employees were detained and dozens arrested.

Hillary Clinton Targets Family Farms with 65% Estate Tax?

1 October 2016 Hillary Clinton has been criticized for proposing a 65% estate tax that would put family farms out of business. Is that an accurate representation of her plan?

$42.4 Billion Consumer Rebate Program

18 September 2016 Misleading ads touting a "new law" that provides consumers with a "cash rebate on every single purchase" actually reference an old tax break that benefits only a small minority of taxpayers.

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

13 September 2016 A partially accurate meme claimed that Alaska will pay you more than $2,000 not to move away, provided you live there 190 days a year and aren't a felon.