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Happy Tax Day! Unfortunately, the 16th Amendment still exists, which means everyone pays federal taxes. Today is the due date so you better get it in or else the IRS will come after you for the money they believe belongs to them.
But I digress. Remember that tax plan that passed in late 2017? The left pounced and convinced people they would not receive a tax cut. Some even believed they would see a tax increase.
Lies - Data - Left
Lies. Data has proven the left wrong once again.
In Sunday’s New York Times, economics writer Ben Casselman and economics and tax policy writer Jim Tankersly, penned a piece in an attempt to turn the tide.
Poll - Poll - People - Tax - Cut
They noted how poll after poll showed that people didn’t believe they would receive a tax cut, mainly due to the spin fed to them by the left:
To a large degree, the gap between perception and reality on the tax cuts appears to flow from a sustained — and misleading — effort by liberal opponents of the law to brand it as a broad middle-class tax increase.
Data - % - Citizens
Yet the data shows 65% of citizens paid less:
Other analyses reached similar conclusions. The Joint Committee on Taxation — Congress’s nonpartisan team of tax analysts — found that every income group would see a tax cut on average. So did the Institute on Taxation and Economic Policy, a left-leaning think tank that was sharply critical of the law. In fact, that group went even further: In a December 2017 analysis, it found that every income group in every state would pay less on average under the law in 2019.
Tax - Season - Experts - H - R
So far, tax season seems to be playing out more or less as the experts predicted. H&R Block, the tax-preparation giant, said last week that two-thirds of returning customers had paid less tax this year than last (excluding...
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Goverment, no matter how big, is always a big problem.