Identify some of the most common tax policy misconceptions and how to separate fact from fiction.
Discover why tax refunds shouldn’t be celebrated, why you should pay your income tax bill, and why certain deductions are wrongly labeled “loopholes,” among other useful facts.
Improve your ability to counter misleading arguments about the tax code.
Common Myths
Myth 1: The rich don’t pay any taxes in the U.S.
Myth 2: U.S. income taxes on the rich were much higher in the 1950s.
Myth 3: There’s no U.S. law requiring you to pay income tax.
Myth 4: A large tax refund is cause for celebration.
Myth 5: The state and local tax deduction (SALT) protects against double taxation.
Myth 6: Major corporations pay no tax.
Myth 7: Business taxes only affect business owners.
In light of growing hostility and anti-trans legislation in the U.S., many transgender people are relocating to trans-friendly areas within the U.S. or abroad.
Before 1913 you could keep what you earned. You did not have to file with the federal government, telling them what you earned and giving the feds their cut.
Some globalist elites will say our weather is changing due to manmade climate change. They are right but the real culprit seems to be manmade weather control,
I’m thankful to God for allowing Trump to return to office, but Trump or no Trump the course of events is in His hands and is why we sing, “God, bless America”.
After his first full week back in office, the 47th president has already made bold moves, setting the tone for what promises to be an ambitious second term.
Secretary of Transportation Sean Duffy's department is taking action to remove stringent fossil fuel emission standards passed by the Biden administration.
Yearlong outbreak of TB in Kansas City KS, area has left at least two people dead and sparking claims that it is the worst such episode in U.S. history.
Trump revoked security clearances of former U.S. officials who signed letter advocating emails retrieved from Hunter Biden's laptop were Russian propaganda.
DNI and U.S. A.G. have until Feb. 7 to present a full disclosure plan for records pertaining to the assassination of JFK, according to an EO signed by Trump.
Paraguayan President Santiago Peña says he is optimistic about working with Trump’s administration to boost his nation’s alliance with the United States.
No survivors expected after plane carrying 64 collided with military helicopter near Washington. Search and rescue replaced with recovery operation in Potomac River.