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Tag: Taxes

Tax Racism? Is Al Sharpton Able to Avoid Prison?

Summary Al Sharpton owes back taxes, claimed to be $4 million+, but since neither the IRS or Sharpton has ever released an official amount, it’s unknown how much but it is known he owes some amount. The other three people in this image committed crimes, they didn’t just owe back taxes, and they served time […]

Reagan vs Obama – Deficit Edition!

Did Reagan triple the deficit? Did Obama cut it in half? I see this one on social media pretty often, and keep meaning to discuss it, so here it is. While I understand as most people do, that Congress controls spending and the budget [1], for the sake of this argument I’m going to keep […]

Does Obamacare Create These New Taxes in January 2015?

New Tax rates being blamed on the Affordable Care Act aka Obamacare? This image, and posts similar to it, have been going around the social media and email circuits, which claims that all of these new taxes go into effect on Jan 15, 2015, due solely to the Affordable Care Act (ACA) also known colloquially […]

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