Questions tagged [taxes]
The primary means by which governments raise revenue. Taxes can be levied on almost any aspect of economic activity.
66 questions
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Is the US government making $2 billion a day on tariffs?
According to The Guardian...
During his speech, Trump addressed criticism of his tariff policy, saying that the United States is making $2bn a day in tariffs.
In the speech itself, Trump said (at ...
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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?
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Did Trump save on taxes by burying his ex wife on a golf course?
This article claims that burying Ivana Trump on a Bedminster golf course eliminates property, income and sales tax.
Trump is accused of burying Ivana at his Bedminster golf club to take advantage of ...
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Is their tax bill the single biggest cost of living for most households in the UK?
Mark Littlewood wrote an opinion article in The Telegraph [unpaywalled alternative] atacking the UK's Conservative Party.
He claimed:
For most households, the single biggest cost of living is their ...
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Has a company been indicted for failing to pay taxes on benefits?
CNN is reporting that Ron Fischetti, an attorney for former President Donald Trump, stated:
“It’s outrageous. It’s unprecedented. It’s never happened before,” he said of a company being indicted in ...
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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 ...
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Does an American taxpayer fund $870 in corporate subsidies for every $36 in food stamps?
I recently saw this Occupy Democrats claim on Facebook:
Now, obviously a lot of those categories are vague and open to interpretation (I've known people who would argue most of the U.S. defense ...
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Are US workers highly taxed if you count health premiums? [closed]
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 ...
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Did 80% of middle class families' tax burden decrease in 2018 because of Trump's tax cuts?
In the news lately (early 2019) are many stories of regular people complaining that they have drastically lower tax refunds than the previous year, and some even owing instead. This is in the wake of ...
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Do rich Americans pay a lower portion of their income in federal taxes than the middle class?
Not quite the same as this related question but similar.
According to Wikipedia, the origin of the "Buffett Rule" oft-quoted by former-President Obama is that:
rich people, like himself, could pay ...
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Is the US is heavily reliant on its richest citizens to support the tax burden? [closed]
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 ...
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Is the average effective corporate tax rate in US only 15% in 2017?
I have seen plenty of arguments and articles claiming that companies pay significantly below statutory tax rates. This Forbes article claims that number was around 15%. But then I see articles like ...
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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 ...
4
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1
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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 ...
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Why does the IRS want you to declare income from illegal activites? [closed]
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 ...
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Does the USA have the highest taxes?
I was listening to the Trump rally tonight in Ohio and Trump said:
My administration is working every single day to heed and honor the will of the voters. That includes working on one of the biggest ...
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Can the US government garnish 100% of your income?
I was reading a Wikipedia article about Karl Hess. The article contained this quote (emphasis mine):
During that time [1967], President Johnson, a Democrat, ordered the Internal Revenue Service to ...
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Does the Netherlands allow letterbox companies to exist as long as they have a houseplant in their empty office?
The following article came to my attention:
OneWorld - Kunstenares Tinkebell toert langs kamerplanten van belastingontwijkers (Dutch).
It describes how an artist will be doing tours of companies ...
3
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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 ...
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Does a tax on drinks with high sugar content reduce sugar consumption?
The UK government is introducing a sugar tax on soft drinks with more than 5g per 100ml of sugar.
Coca-Cola claims that this "flies in the face of evidence from around the world"
A longer ...
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Are the ABA and IRS foreign-owned private debt collection agencies?
A colleague recently shared An Open Letter to Sheriff Ward of Harney County Oregon - and to All County Sheriffs in America from Judge Anna
This letter makes a number of claims, among which:
The ...
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Are razor blades tax-free in the UK?
A comic by artist Naoise Dolan published March 2015 has been circulating heavily on social media:
The world according to the UK government:
Men’s razors are taxed as necessities because you need to ...
3
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1
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Is tax wedge 80%-90% in most of western Europe vs 50% in US?
Wikipedia definition of tax wedge references a document, which makes following claim:
Europe's comparatively high tax burden has created big marginal
effects and tax wedges. For example a 2007 ...
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Did Americans leave behind over $1bn in tax refunds in 2012?
In this television advertisement H&R Block claims that:
Last year, thinking they could do their own taxes, Americans left behind more than a billion dollars.
Did American tax payers leave behind ...
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Did tax and inflation consume more wealth in the 20th Century than previously produced? [closed]
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 ...