Tag Archives: taxes

Americans Making More than $250,000

Q: What percentage of the U.S. population makes more than $250,000 per year? A: Roughly one in 50 households will take in more than $250,000 next year.

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Taxing the Stimulus?

Q: Is the economic stimulus payment taxable? A: No.

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You’ve Got Mailers!

A direct-mail piece sent to voters by the Clinton campaign twists Obama’s words and gives a false picture of his proposals: It says he “wants to raise Social Security taxes by a trillion dollars,” a big distortion. Obama has said a “good option” would be to apply Social Security payroll taxes to incomes over $97,500 a year, but that would only affect taxes paid by 6.5 percent of individuals and couples. And he hasn’t formally proposed such a move anyway.
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Huckabee Cut Crime and Taxes?

Summary In the run-up to the Jan. 3 Iowa caucuses, Huckabee is running a TV ad featuring graphics that claim he was "tough on crime" and "brought Arkansas' crime rate down," and that he "cut taxes over 90 times as governor." In fact, the violent crime rate was higher at …
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Members of Congress Pay Social Security Taxes

Q: Do members of Congress pay Social Security taxes? A: Yes, ever since 1984.

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Unspinning the FairTax

Summary In our recent article on the second GOP debate, we called out Gov. Mike Huckabee as well as Reps. Tom Tancredo and Duncan Hunter for their support of the FairTax. We wrote that the bipartisan Advisory Panel on Tax Reform had “calculated that a sales tax would have to …
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Counter-rotating Tax Spin

Summary The Democrats’ proposed 2008 budget is being spun by both sides. Democrats claim it will not raise taxes by even a penny, while Republicans say it will impose the largest or second-largest tax increase in history. Obviously, the budget can’t be the largest tax increase in history and zero …
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GOP Candidates Debate, Round 2

Summary Claims, facts and figures flew at the second GOP presidential debate of 2008. Not all were true. For example: Mitt Romney claimed he didn’t raise taxes when he was governor of Massachusetts, failing to note that he increased government fees by hundreds of millions of dollars and shifted some …
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