Is there no law requiring American citizens to file an annual 1040 income tax return or to pay income tax on their labor? No, that's not true: The U.S. Constitution's 16th Amendment, ratified in 1913, authorizes Congress to collect income
Search Results (2747) for: tax
Truth or Fiction?→ ‘Tax Refund Shock’
On December 1 2022, an Imgur user shared a screenshot of a news article reporting that 2023 U.S. tax refunds (that is, filed in 2023 for the year 2022) might “shock” filers: That claim alone was provocative, as many Americans rely on annu
Lead Stories→ Fact Check: Respect For Marriage Act Does NOT Revoke Tax-Exempt Status Of Churches Or Endanger Other Religious Liberties
Does the Respect for Marriage Act passed by the U.S. House of Representatives and Senate remove the tax privileges of faith-based organizations, make it easier to sue them or jeopardize any other religious liberties? No, that's not true:
Full Fact→ MailOnline muddles up cost of a possible rise in council tax
If council tax rises by 5%, it would cost households in an average band D property about £100 more per year—not per month.
PolitiFact→ GOP leaders are proposing tax cuts. Could that drive inflation?
If Republicans take over one or both chambers of Congress, the party is eager to extend 2017 tax cuts passed by former President Donald Trump. But critics say this would add to the same inflation that GOP messaging has targeted in the midterm election.
Logically→ The ‘Commitment to America’ plan by the Republicans calls for imposing tax on benefits on disabled veterans.
The viral graphic is fake. There is no mention of a tax on benefits for disabled veterans or employer-sponsored health care plans in the original plan
PolitiFact→ Kari Lake – Katie Hobbs backed bill to double Arizona gas taxes
Katie Hobbs “has voted to double our gas tax.”
Full Fact→ UK Government doesn’t retain £50bn of Scottish taxes
Posts on social media overcount and double count Scottish revenues while undercounting Scottish expenditure.
AllSides→ Is Inflation Biden’s Fault? Could Tax Cuts Fix It? Here’s What We Know
https://time.com/6226145/inflation-midterms-2022-fact-check/ Polls suggest Republicans may have a very
PolitiFact→ Marco Rubio – Marco Rubio lobs misleading attack on Val Demings and taxes
Val Demings "voted with Pelosi to raise taxes over $4,000 on Florida families."
AllSides→ Ads Distort Oz’s Position on Abortion, Taxes and Social Security
https://www.factcheck.org/2022/10/ads-distort-ozs-position-on-abortion-taxes-and-social-security/ Ads f
FactCheck.org→ Ads Distort Oz’s Position on Abortion, Taxes and Social Security
Ads from two Democratic-aligned super PACs distort Dr. Mehmet Oz’s positions on taxes, Social Security and Medicare, and abortion. An ad from Senate Majority PAC says Oz would “hike taxes on working families” based on Oz’s vagu
Full Fact→ Is government plan to cap revenues of renewable electricity generators a windfall tax?
Jacob Rees-Mogg strenuously denied that the new government policy proposal is a windfall tax during an appearance on the Today programme.
Lead Stories→ Fact Check: Donald Trump Does NOT Get A Tax Break For His Golf Course Because Ivana Trump Is Buried There
Does former President Donald Trump get a tax break for his golf course where his ex-wife, Ivana Trump, is buried? No, that's not true: The small portion of the property at the Trump National Golf Club Bedminster where Ivana Trump is burie
Logically→ Justin Trudeau is spending over $100 million of taxpayers’ money to promote Klaus Schwab’s agenda of enslaving people.
The pilot project has not taken off, and the budgeted amount of $105.3 million has not been spent.
PolitiFact→ Ron Johnson – Johnson leaves out context in claim that Barnes supported a gas tax hike
Says Mandela Barnes “supported a 20% increase in the gas tax.”
Lead Stories→ Fact Check: Americans Did NOT Keep All Of Their Earnings Up Until 1913 — Some Were Taxed Before Then
Did Americans keep "100%" of their earnings up until 1913? Not exactly: While the 16th Amendment, which taxed individual income, was ratified in 1913, some higher-earning Americans paid income taxes between 1862 and 1872 to pay off the co
Full Fact→ Do the mini-Budget tax cuts favour the rich?
Income tax-payers across the income scale will benefit to some extent as a result of the Chancellor’s announcement—but higher earners will benefit much more.
Logically→ Benefits fraud is minuscule compared to tax evasion in the U.K.
The Tax avoidance and evasion figures are presented based on assumptions rather than reliable data.
Snopes→ Pop Singer Shakira to Face Trial over Tax Fraud in Spain
A Spanish judge approved a trial for Colombian pop singer Shakira on charges of tax fraud.
FactCheck.org→ GOP Ads Use Outdated Federal Report to Attack Democrats on ‘Higher Taxes’
Republican super PACs are using an outdated Congressional Budget Office estimate to falsely claim in TV ads that Democrats voted to raise taxes by $20 billion on “lower- and middle-income families.” The ads concern a provision in the In
FactCheck.org→ Johnson’s False Claim about Barnes’ Tax Plan
Like many Democrats, Wisconsin Lt. Gov. Mandela Barnes says he wants to cut “middle-class” taxes and make sure the wealthy “pay their fair share.” But an ad from his opponent, Sen. Ron Johnson, in the race for U.S. Senate false
PolitiFact→ California Together, No On Proposition 1 – Opponents of California’s abortion rights measure mislead on expense to taxpayers
“With Proposition 1, the number of abortion seekers from other states will soar even higher, costing taxpayers millions more.”
Lead Stories→ Fact Check: Gold And Silver Are NOT The Only ‘Lawful’ US Money; Federal Reserve Notes ARE Taxable
Are Federal Reserve notes -- commonly known as paper money -- just "obligations" and therefore exempt from taxes? And does the U.S. Constitution say gold and silver are the only form of "lawful money" to be used in paying debts? No, neith
PolitiFact→ Raphael Warnock – Raphael Warnock exaggerates success rate for reaching child tax credit recipients
The child tax credit passed under President Joe Biden “has helped 97% of the families with children who are living in poverty.”
Lead Stories→ Fact Check: Walmart DOES Pay Taxes
Is it true that Walmart doesn't pay taxes? No, that's not true: In 2022 Walmart paid nearly $4.76 billion in income taxes as recorded on the annual report filed with the U.S. Securities and Exchange Commission. The claim appeared original
PolitiFact→ Charlie Crist – Charlie Crist misleads on Ron DeSantis' record on taxes
Gov. Ron DeSantis raised "taxes on the middle class by more than $1.5 billion while giving away $624 million to big corporations."
Logically→ Trump’s National Golf Club resort in New Jersey will be exempt from taxes as it is his ex-wife’s burial site.
Trump's Bedminster golf resort does not qualify as a cemetery company and is not eligible for tax breaks as the area used for the burial is small.
PolitiFact→ Charlie Kirk – Some university endowments are taxed. There are limits on how endowment funds can be spent
“Harvard is sitting on top of a $54 billion hedge fund they call an ‘endowment’ that they pay zero taxes on. Yale has $31 Billion. Stanford $29 Billion. Princeton $26 Billion.”
PolitiFact→ Facebook posts – IRS won’t tax student loan relief, but some states might
Student debt relief is taxable by the Internal Revenue Service.
Washington Post→ The White House’s tricky comparison between student loan relief and GOP tax cuts
In touting the student loan plan over GOP tax cuts, the White House relied on an apples-and-oranges comparison.
Logically→ Lalu Prasad’s son Tej Pratap received a doctorate from Taxila University.
The photo is from 2017 when Tej Pratap Yadav attended a convocation ceremony of a medical college in Patna and presented degrees to students.
Lead Stories→ Fact Check: Biden Student Debt Relief Dollars Will NOT Be Taxed by IRS
Does the student loan forgiveness program announced by the Biden administration on August 25, 2022, treat canceled student debt as taxable income? No, that's not true. Although debt cancellation is usually considered taxable, the Biden st
AllSides→ Ted Cruz Says Student Debt Relief Costs $2,100 Per Taxpayer
https://www.newsweek.com/fact-check-ted-cruz-says-student-debt-relief-costs-2100-per-taxpayer-1737293 R
PolitiFact→ Tom Cotton – Tom Cotton misleads on how Inflation Reduction Act will impact size of IRS, taxes
The Inflation Reduction Act "doubles the size of the IRS, raises your taxes and spends billions on a green energy slush fund."
Lead Stories→ Fact Check: Trump Did NOT Say ‘Can’t Trust A Guy Named Weisselberg’ After CFO Pled Guilty To Tax Fraud, Implicated Trump Organization
Did former President Donald Trump say in a Truth Social post "Can't trust a guy named Weisselberg - know what I mean?" after Trump Organization CFO Allen Weisselberg pled guilty to tax fraud? No, that's not true: The quote was a joke, acc
FactCheck.org→ IRS Will Target ‘High-Income’ Tax Evaders with New Funding, Contrary to Social Media Posts
Quick Take The Inflation Reduction Act includes $79 billion for the IRS. Social media posts misleadingly claim the IRS will now hire “87,000 new agents” to investigate average citizens. But most new hires will provide customer services, and
PolitiFact→ Tim Scott – Tim Scott mangles false GOP talking point on IRS hounding average taxpayers
“The Congressional Budget Office says 90% of the revenue generated from the new IRS agents will come from people making less than $200,000 … and the revenue generated will be $300-plus billion.”
Snopes→ Which EVs Qualify for New US Tax Credit? Websites Offer Help
At least 31 new 2022 and 2023 models reportedly qualify for the tax credit.
Lead Stories→ Fact Check: List Of 25 Taxes Does NOT Only Include Taxes That Didn’t Exist 60 Years Ago
Is this an accurate list of 25 taxes that didn't exist 60 years ago? No, that's not true: The list includes taxes that have been around since long before 1962. For example, federal taxes on tobacco and alcohol date as far back as the 18th