Tag Archives: tax

Health Care Law and W-2 Forms

Posted on May 26, 2010

Q: Does the new health care law require workers to pay income tax on the value of employer-provided health insurance? A: No. The value will appear on employees’ W-2 forms for information purposes, but will not be considered taxable income.

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Privately Owned Gun Tax?

Posted on June 7, 2009

Q: Would Senate bill 2099 put a yearly $50 tax on each privately owned firearm? A: There is no such bill. A chain e-mail containing bogus claims refers to a bill that died more than eight years ago.

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Rahm Emanuel Property Taxes

Posted on March 4, 2009

Q: Does Rahm Emanuel pay property taxes? A: The president’s chief of staff does pay taxes on his home. Failed attempts to find his records are the fault of shoddy research.

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Spread the Tax Hooey!

Posted on October 26, 2008

Summary Republicans are misrepresenting Obama's tax proposals right down to the bitter end. New radio ads from the McCain campaign and a TV spot from the pro-Republican group Let Freedom Ring are targeting voters nationwide with some of the same tax deceptions we've been hearing all fall, rolled in a …
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Right Change Is Wrong

Posted on October 24, 2008

Summary A conservative group called RightChange.com has spent $3 million running ads that largely criticize Obama and his tax plans. They’re false:  Two ads say Obama would tax "small businesses" at a rate of "62 percent." He wouldn’t. That number is an inflated estimate of the very top tax rate, …
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Obama’s Celebrity Cred

Posted on July 30, 2008 , Updated on July 31, 2008

Summary McCain's new ad claims that Obama "says he'll raise taxes on electricity." That's false. Obama says no such thing. McCain relies on a single quote from Obama who once – and only once so far as we can find – suggested taxing "dirty energy," including coal and natural gas. That …
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