Questions tagged [taxes]

The primary means by which governments raise revenue. Taxes can be levied on almost any aspect of economic activity.

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Does Toomey's amendment to the GOP Tax Bill only benefit Hillsdale College?

Senate Minority Leader Chuck Schumer just said this on the Senate floor, regarding the Republican Tax Bill: One college, Hillsdale College, has been exempted from taxes on colleges with large endowments. It is supported by the DeVos family. This is…
Keshav Srinivasan
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Earned income tax credit 25% fraud?

I was listening a discussion on poverty on CSPAN radio this morning and Robert E. Rector from The Heritage Foundation claimed that 25% of the Earned Income tax credit is fraudulent. Specifically, the claim was that 25% of the money goes to people…
ventsyv
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Did the Washington Post ever advocate Amazon's position on sales taxes?

On July 24th, 2017, Donald Trump tweeted: Is Fake News Washington Post being used as a lobbyist weapon against Congress to keep Politicians from looking into Amazon no-tax monopoly? First of all, this is out of date, because Amazon started…
Keshav Srinivasan
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Did Elon Musk pay more in taxes than every politician in the world combined?

A tweet claims Elon Musk paid more in tax than every politician on earth combined: Which, if correct, is extraordinary. So, did he?
stevec
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Are these claims about tax paid in the 2017-2018 Australian tax year accurate?

On December 14, 2019, the Australian Greens posted a claim to their Facebook feed about taxes paid by individuals and various entities. The claim is in the image on this page, but essentially the claims are: That the following organisations paid 0…
user1605665
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Do over 20 countries have zero tax, but high-quality services?

This picture: (source) currently has nearly 6,000 likes on Facebook. Its claim as text: There are over 20 countries on Earth that have zero tax, yet somehow they still have roads, schools, sewers, and hospitals.. most of them better than ours!…
lvc
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Did tax and inflation consume more wealth in the 20th Century than previously produced?

In the chapter on Statism: Our Condition of the 1983 version of the New Libertarian Manifesto by Samuel Edward Konkin III the following can be found, In the 20th Century alone, war has murdered more than all previous deaths; taxes and inflation…
Evan Carroll
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Are university research studies involving children a money making scheme?

I would like to point out that this question is from a dubious and unverified claim that I had encountered. I thoroughly searched the internet for any information on such claims but could not find anything so please close if you feel it is a poor…
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Is the US is heavily reliant on its richest citizens to support the tax burden?

Found this on Pol.SE: The US relies on its higher income residents for an exceptionally large amount of its revenue. Almost half of the population pays no federal income taxes at all. The top % pay about a fifth of the overall taxes. ... The US…
Martin
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Must Japan's population pay for any accident caused by nuclear power plants sold abroad by Japanese companies?

This image is currently trending on social media: source The caption reads: 海外で日本の売った原発が事故を起こした場合、その費用はすべて日本国民の税金から支払う約束になっていりる If a nuclear power plant sold abroad by Japan causes an accident, then the costs are promised to be paid entirely by…
nic
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Does tax evasion in the EU cost 1 trillion € per year?

In a meme that’s floating around, various social costs are compared to tax evasion in the EU, which is claimed to mount up to 1 000 000 000 000 Euro annually. Here is an example: The Swedish text states that the cost for one million refugees is…
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Did Whiskey taxation make up 30%-50% of England's revenue?

In this article it is claimed that (1st paragraph): Especially in England and Ireland, it became the drink of choice, and through taxation, came to contribute 30%-50% of the nation’s revenue. This must be a historical figure because it doesn't…
rath
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Can I avoid property tax by showing a judge my land grant?

In this article or here the author says that there is truly a legal way to stop paying the property tax for your house. These steps are legal, and you can use them to accomplish the goal to stop paying property taxes. [...] You will need to get a…
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Are US workers highly taxed if you count health premiums?

According to "US Workers Are Highly Taxed If You Count Premiums" (2019-04-08): Finally, we can go back to the OECD NTCP data and compare the US to other developed countries. When we do that, we find that only the Netherlands — with its compulsory…
zemuguma
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Why does the IRS want you to declare income from illegal activites?

According to a paper by the IRS you should declare illegal income from dealing drugs or stolen property. What's the motivation behind this? And are there examples of people who reported such activities and how they got away with it? Declaration of…
CuriousIndeed
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