Search Results for: taxes

Illegal Immigrants and Federal Income Taxes

Raising Payroll Taxes to Save Social Security Will Cost the Average Worker $73,000

FactCheck Abets False Obama Claim About Romney’s Taxes

The Tax Rates of Wall Streeters and Steelworkers

Widely Touted Study on State and Local Taxes is a Sham

The “Inflation Reduction Act” Will Do Almost Nothing That Joe Manchin Says It Will

Reporters Wrong: Romney Pays a Far Higher Federal Tax Rate Than Most Americans

Has Government Turned Us Into a Nation of Makers and Takers?

Social Security Has Been Boosted, Not Looted

Social Security and Class Warfare

Fact-Based Poll Reveals Fictions Believed by Voters

Warren Buffett’s Fraudulent Tax Claims (Part 2)

The Payroll Tax Holiday Does Not Impact Social Security, but It Does Redistribute Wealth

Pre-Election Poll: Voters Broadly Misinformed About Key Issues

Poll Reveals Voters Misinformed About Key Issues

Poll Reveals Voters are Uninformed About Major Issues

High-Income Earners Pay a Much Higher Federal Tax Rate Than the Middle Class

Warren Buffett’s Fraudulent Tax Claims

Social Security’s Trust Fund to Start Losing Value in 2013

Solar Energy Costs and Impacts

Federal Government’s 2017 Fiscal Shortfall Is 74% Worse Than Reported Budget Deficit

Overlooked Treasury Report Supports Musk’s Warning About Federal Deficits Sinking the U.S.

Effects of Immigration From Impoverished Nations

Support for “Soaking the Rich” Is Rooted in Media Misinformation

Tax Fairness Question at GOP Debate Rooted in Falsehood Spread by Media

Can We Prevent a Debt-Driven Economic Collapse Without Reforming Entitlements?

Federal Fiscal Shortfall Surges Past $100 Trillion

Government-Mandated Benefits Suppress Workers’ Wages

Federal Fiscal Shortfall Nears $1 Million Per Household

Federal Fiscal Burden Consumes 93% of America’s Wealth

Maddow’s Tax and Deficit Doubletalk

40 Examples of Fake News in 2025

Congressional Records Prove Biden’s Student Loan Cancellations Are Illegal

Beware of the “Fact Checkers”

The School Funding Inequity Farce

Everything You’ve Heard About the Debt Limit is Wrong

What the $20 Trillion National Debt Means to You

Treasury Data Reveals Federal Shortfall of $614,000 per U.S. Household

New Treasury Data Shows Federal Shortfall of $670,000 Per U.S. Household

The Average Cost of Public School Education Is 58% More Than Private School

Paul Krugman’s Claims About the Dangers of Government Debt

The SAT Is Feeding Students Solar Industry Propaganda

Treasury Report: Federal Fiscal Shortfall is $603,000 per Household

Donald Trump and the Media Agree on Middle-Class Income, and They are Both Wrong

Myths and Causes of Income Inequality

AOC’s Baseless Accusation That the U.S. Is a “Brutal, Barbarian Society”

Audit Reveals Federal Finances Are Far Worse Than Publicized Figures

The Costs and Savings of Changing Social Security to a Personal Ownership System

Are Incandescent Light Bulbs Being Banned?

Bernie Sanders’ Education Plan is Rife With Deceit

Does the Social Security Trust Fund Really Exist?

The National Debt Is Rising—Not Declining

A Factual Look at Obama’s Presidency

Widespread Poverty Stats Greatly Overstate the Number of Americans Who Are Destitute

Smoking Gun: Newly Discovered Emails Confirm Joe Biden Obstructed Justice For His Son’s Foreign Business Deal

Are Today’s Newborns the Luckiest Generation in U.S. History?

Obama’s Plan for Tackling the Deficit

PolitiFact’s Deceptive Report on Illegal Voting by Non-Citizens

Communist Positions of Zohran Mamdani and Bernie Sanders

Washington Post Buried Proof of Joe Biden’s Bribery

Government Spending on Higher Education Reaches an All-Time High

Taking Social Security Off-Budget

PolitiFact Covers Up Biden’s Role in the Murder of Laken Riley

How Hard and Effectively do Americans Work?

Joe Biden’s Email Alias Escorted Phone Numbers of Top U.S. Officials to Hunter

Social Security Trust Fund to Begin Declining in 2014, Not 2021

The Term “Carbon Pollution” Is Unscientific and Misleading

The Impact of Obamacare and Ryancare on Medicare

Quantitative Easing: Who Wins and Who Loses?

2017: The Year in Facts and Falsehoods

Current National Debt Situation is the Worst in U.S. History

The Actual Facts on Enhanced Obamacare Subsidies

Poll: Public Broadly Unaware that “Hands Up, Don’t Shoot” was Disproved by Obama Administration

Hard Evidence Warranting the Impeachment of Joe Biden

Media Titans Subvert Reality About Biden/Ukraine Profiteering

Blame for the National Debt

Question of the Day

…a low of 17% in Delaware. Economists generally fall into three different camps regarding who bears the burden of property taxes. All three groups agree that property taxes on owner-occupied…

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Question of the Day

…“While employees and employers pay equal amounts in social insurance taxes, economists generally agree that employees bear the entire burden of social insurance taxes in the form of reduced wages.”…

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Question of the Day

…paid back. These figures account for all types of explicit taxes, including hidden taxes. However, they don’t include the implicit hidden taxes of government social policies that shift costs to…

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Question of the Day

…account for nearly all forms of income and all federal taxes, including hidden taxes. They also account for all tax loopholes (aka, preferences) and reflect actual taxes paid, not theoretical…

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Question of the Day

…Security, they have actually extended its life by repeatedly raising its payroll tax rate, increasing its inflation-adjusted taxable maximum, and adding other taxes to its income stream. This has placed…

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Question of the Day

…“borne by tomorrow’s workers and taxpayers.” This can manifest gradually or abruptly in the form of higher inflation and taxes, reduced wages and living standards, or combinations of such results….

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Question of the Day

…Social Security was structured that way from the very start, and the program hasn’t been “looted” but has been continually boosted through higher taxes on successive generations of American workers….

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Question of the Day

…succeeding generations of Americans to keep the program solvent, thus creating severe generational inequality. Unless retirement ages are raised or benefits are reduced in some other way, taxes will need…

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Question of the Day

…use of competing energy sources through taxes and regulations. Because solar panels only generate electricity when the sun is shining, and utility-scale electricity can’t be easily stored, most solar power…

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Question of the Day

…adults are placing on future generations. The consequences of this can manifest gradually or abruptly in the form of higher inflation and taxes, reduced wages and living standards, or combinations…

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Question of the Day

…has provided more energy than any other source, even though federal, state, and local governments have discouraged its use through taxes while heavily subsidizing other sources like wind and solar….

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Question of the Day

…funds Medicare hospital insurance, which accounts for 34% of Medicare spending. Other Medicare benefits, like physician services, lab tests, and prescription drugs, are funded by other taxes, premiums, and interest….

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Question of the Day

…States. This doesn’t include the federal government’s liabilities and obligations, which amount to another $794,000 per household. Regardless of how much taxes people pay, almost everyone suffers the harmful effects…

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Question of the Day

…people to maintain the same standard of living while working less”; and (3) increasing taxes, which “will ultimately induce some workers to supply less labor.” Also, numerous studies have shown…

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…savings, and more income might be used for consumption purposes.” Social programs like Social Security have similar effects because the taxes used to fund these programs hinder people’s ability to…

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Question of the Day

…“borne by tomorrow’s workers and taxpayers.” This can manifest gradually or abruptly in the form of higher inflation and taxes, reduced wages and living standards, or combinations of such results….

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Question of the Day

…0.2%. For more than 40 years, the U.S. has heavily subsidized solar while discouraging the use of competing technologies through taxes and regulations. Because solar panels only generate electricity when…

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Question of the Day

…The consequences of government debt can manifest gradually or abruptly in the form of reduced wages and living standards, higher inflation and taxes, or combinations of such results. Because government…

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Question of the Day

…dramatically increased tax burdens on succeeding generations of Americans, thus creating severe generational inequality. And unless retirement ages are raised or benefits are reduced in some other way, taxes will…

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In Fact

…the wealthy to pay their fair share into Social Security” because it’s “a problem” that Elon Musk pays the “same amount in taxes for Social Security as your neighborhood dentist.”…

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In Fact

U.S. Senator Elizabeth Warren (D–MA) claims that she’s introducing a bill to raise taxes on “millionaires and billionaires” because “it’s time for” for them “to start paying their fair share.”…

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In Fact

IN FACT, the portion of the U.S. economy consumed by federal taxes has been roughly level for 8 decades. Meanwhile, the portion consumed by federal spending has grown from 3%…

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In Fact

The White House claims that President Trump’s plan for “no taxes on tips or overtime” makes “hard work pay again” and “unleashes economic growth.”…

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In Fact

IN FACT, real tax cuts allow people to keep more of their own money, not take it from others. Furthermore, true federal tax rates (all taxes ÷ all income) paid…

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In Fact

…SS payroll taxes from $40,000 in 1949 to $176,000 currently. Politicians enacted SS with an explicit promise that “the most you will ever pay” in taxes is “3 cents on…

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In Fact

…SS “depresses private saving” by “more than two-thirds” of SS payroll taxes. If workers earning $50,000/year could save and invest half of their SS payroll taxes, they would have an…

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In Fact

IN FACT, Trump’s actions improve the finances of SS by reducing waste and theft, Republican tax cuts don’t touch SS and would keep taxes at about the same level they…

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In Fact

…generations of Americans, thus creating severe generational inequality. Politicians enacted SS with an explicit promise that “the most you will ever pay” in taxes is “3 cents on each dollar…

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In Fact

IN FACT, Reich’s stats are based on a deceitful study that excludes large portions of poor families’ income, greatly overstating their tax rates. Federal taxes are 68% of all taxes,…

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In Fact

IN FACT, the “Inflation Reduction Act” does nothing that Biden claims it does: Instead of lowering taxes, it raises taxes on every income group. Instead of saving people money on…

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In Fact

Cal Berkeley professor Robert Reich is touting a chart that claims “taxes have become less progressive over time” and blaming this on politicians who “have slashed taxes to line the…

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In Fact

U.S. Senator Elizabeth Warren (D–MA) claims “it’s outrageous that billionaires pay less taxes than public school teachers” and “it’s time that we make the wealthy pay their fair share.”…

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In Fact

…increased the costs of goods and services, particularly housing and especially in regulation-heavy areas like New York City and California. Multiplicative increases in education spending that have raised property taxes

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In Fact

…use IRS data to enforce laws against illegal immigration, CNN claims that “millions of undocumented immigrants register with the IRS and pay billions of dollars in federal taxes each year.”…

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In Fact

U.S. Senator Adam Schiff (D–CA) claims that Republicans want “tax cuts for billionaires,” which will be “paid for by the rest of us” in “higher taxes” and “fewer services.”…

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In Fact

…of living. To fund “green energy” subsidies, the IRA increases taxes on certain large corporations, and half of these taxes would come from the manufacturing sector. Per CBO, this “would…

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In Fact

…incomes over time. That’s why despite the passage of numerous “tax cuts,” the portion of the U.S. economy consumed by federal taxes has been roughly level for 8 decades. Meanwhile,…

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In Fact

…over their lifespans than normal cars. harms the manufacturing sector. enacts hidden taxes that fall on Americans of all income groups. reduces incentives to work by giving people more welfare….

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In Fact

…costs. giving unions monopoly powers that raise taxes and consumer prices. being soft and permissive about crime, which cost each U.S. household an average of $36,000 to $45,000 in 2021….

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In Fact

…If workers earning $50,000/year could save and invest half of their Social Security payroll taxes, they would have an additional $428,000 to $1.6 million of wealth by the age of…

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In Fact

…households. Allegations to the contrary are based on deceitful studies that don’t measure all types of taxes and all types of income or misleadingly count unrealized capital gains as income….

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In Fact

IN FACT, ending Trump’s tax cuts will increase federal taxes on middle-income households by an average of 4% and the wealthiest households by 1%. This would also bring back the…

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In Fact

…gas actually penalize their production at a rate of $0.002 per gallon. Oil and gas are also penalized by excise taxes and regulations, which drive up costs and impoverish consumers….

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In Fact

U.S. Senator Elizabeth Warren (D–MA) claims that “big corporations” like “TurboTax and H&R Block” have “juiced their profits by lobbying to make it an expensive hassle to file your taxes.”…

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In Fact

…of federal spending in 1960 to 64% today:   Meanwhile, federal spending has grown from 17% of the U.S. economy to 23%, while taxes have stayed about level at 17%:…

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In Fact

…“create a network of city-owned grocery stores” that won’t “pay rent or property taxes.” Mamdani hasn’t endorsed darker aspects of communism mentioned in the Law of the Soviet State, like…

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In Fact

IN FACT, middle-income families barely pay that much in all federal taxes. The bill actually gives them $500 to $1,000 per year, not including “the additional debt-service costs or the…

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In Fact

IN FACT, that large influx was due to illegal immigration, which largely comes from impoverished nations, decreases wages for poor Americans, increases taxes on most Americans, causes more crime, and…

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In Fact

IN FACT, there are massive individual and generational differences between what people pay in SS taxes and what they receive in benefits. The popular myth that SS “saves my money”…

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In Fact

…Democrats and liberal positions: 1) Covid-19 death rate 2) Market value of Mar-a-Lago 3) Biden’s role in the murder of Laken Riley 4) Income taxes paid by illegal immigrants 5)…

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In Fact

…statement that the only way to “know right from wrong” is the Bible. Every law imposes someone’s morals on society, including laws about murder, civil rights, welfare, taxes, pollution, bribery,…

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In Fact

…the first 3 years of Biden’s: “Trickle-down economics” is a slur against low taxes and free markets, which helped the U.S. achieve the highest standard of living in the world….

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In Fact

IN FACT, Americans already pay these “OBSCENE” Obamacare rates via their taxes under a Democrat-passed Covid-era handout. This is due to expire in 2026, and if it does, Obamacare recipients…

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In Fact

…who earn $50,000/year could save and invest half of their Social Security payroll taxes during their careers, each worker would retire with an additional $428,000 to $1.6 million in wealth….

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In Fact

…government has aggressively subsidized them for decades while simultaneously penalizing fossil fuels through targeted taxes and regulations. Illustrating the additional impacts of state subsidies, the New York Times reported in…

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In Fact

IN FACT, every law imposes someone’s morals (i.e., religion) on society, including laws about murder, welfare, taxes, and pollution. Unlike many laws, those that restrict abortion are based on a…

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In Fact

IN FACT, politicians enacted Social Security while promising that “the most you will ever pay” in taxes is “3 cents on each dollar you earn, up to $3,000 a year.”…

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In Fact

IN FACT, the share of the U.S. economy collected in federal taxes and the full tax rates paid by the wealthy have been roughly level or risen for as far…

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In Fact

…wage increases to families above the poverty line, destroy about 1.4 million jobs, spur inflation, increase taxes, and raise the average total income of households in poverty by only 1%….

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In Fact

IN FACT, SS pays an average of only $23,712/year to retired individuals and impedes them from saving by placing higher taxes on every generation of workers. Moreover, SS and Medicare…

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In Fact

…each new human life begins at fertilization. (30) The Washington Post touted a study on state and local taxes that is a sham. (31) The Washington Post portrayed the world’s…

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In Fact

…change direct deposit bank information.” 4) SS taxes cannot be used “for any purpose not related to the payment” of SS “benefits or administrative costs,” and contrary to a popular…

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In Fact

…reduce incentives to work and the ability to save. government-mandated employee benefits, which reduce worker’s wages. mass unionization, which raises taxes and consumer prices. liberal ethics about sex, which create…

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In Fact

…subsidized wind and solar for decades while simultaneously penalizing fossil fuels through targeted taxes and regulations, wind and solar provided only 6.6% of all U.S. energy in 2024. On top…

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In Fact

IN FACT, illegal immigrants receive far more in government benefits than they pay in taxes, and they also likely depress the wages of low-income Americans. In contrast, the reduced prices…

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In Fact

…the students who remain in public schools or can also be used to reduce taxes. Furthermore, the vast bulk of private K–12 private schools are non-profit, contrary to Reich’s rhetoric….

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In Fact

…a “fact check” of Trump’s 2019 State of the Union Address. The Washington Post touted a study on state and local taxes that is a sham. The Washington Post portrayed…

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In Fact

…tax holiday” “reduced Social Security’s revenues” — when in reality — the law that created the payroll tax holiday required that monies “equal to” the decreased payroll taxes be “transferred…

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In Fact

…times the average federal tax rate of middle-income households. Assertions to the contrary are based on deceitful studies that don’t measure all types of taxes and all types of income….

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In Fact

…were stricter and longer in Democrat states. 9) Increasing the minimum wage, which destroys jobs and increases the costs of living. 10) Mass unionization, which raises taxes and consumer prices….

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In Fact

…benefits that decline with rising income. increase taxes and thus “induce some workers to supply less labor.” kicked millions of people off their health insurance plans even though Obama promised…

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In Fact

IN FACT, “trickle-down economics” is a misconstrual of free markets and limiting the growth of taxes on everyone. These are among the factors that helped the poorest 20% of Americans…

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In Fact

…refute them: 1) Covid-19 death rate 2) Market value of Mar-a-Lago 3) Biden’s role in the murder of Laken Riley 4) Income taxes paid by illegal immigrants 5) Late-term abortions…

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In Fact

…funded by general revenue taxes. Medicare pays hospitals an average of 18% below their costs of caring for Medicare patients, thus shifting these expenses to other patients. Medicare has amassed…

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In Fact

…in this era than the first 3 years of Biden’s tenure: “Trickle-down economics” is a slur against low taxes and free markets, which help low-income Americans to have a higher…

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In Fact

…and virtually everything else. Aggressive government regulations raise the costs of products and services and make it hard for small businesses to compete with major corporations. Mass unionization raises taxes

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In Fact

…jobs and increases the costs of living while raising the average income of families below the poverty line by only 1%. 6) Mass unionization, which raises taxes and consumer prices….

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In Fact

IN FACT, politicians enacted Social Security while promising that “the most you will ever pay” in taxes is “3 cents on each dollar you earn, up to $3,000 a year.”…

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In Fact

…of the wage increases to families who are already above the poverty line. increase inflation, increase taxes, and destroy 1.4 million jobs with a disparate impact on young, less-educated people….

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In Fact

U.S. Senator Elizabeth Warren (D–MA) complains that “giant tax prep companies rake in billions” while “the average American pays $140 just to file their taxes each year.”…

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In Fact

…economy consumed by federal taxes has been roughly level for 8 decades. Meanwhile, the portion consumed by federal spending has grown from 3% in 1930 to 23% in 2023 —…

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In Fact

IN FACT, illegal immigrants reduce wages for poor Americans, increase taxes on most Americans, commit serious crimes at very high rates, and move the U.S. toward the political left. “Documenting”…

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In Fact

…is 2–4 times the rate paid by middle-income households. Studies that claim the wealthy pay a lower rate use deceptive methods that don’t measure all taxes divided by all income….

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