Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

WaPo: Five Myths About Your Taxes

Washington Post, 5 Myths About Your Taxes, by Roberton Williams & Rosanne Altshuler (both of the Tax Policy Center):

April is here, which means it's almost time to pony up and render unto Caesar. We've gathered our receipts and other documents, and dragged ourselves to the strip-mall tax preparer or fired up do-it-yourself software to determine how big our refund is — or how much we owe Uncle Sam. No one likes to pay taxes, but as we get ready to stand in line at the post office on the 15th, it might be useful to dispel some of the most common myths about this springtime ritual.

  1. The poorest and the richest Americans pay no taxes.
  2. Americans are overtaxed.
  3. Higher taxes could eliminate the federal deficit.
  4. Most people's tax returns are way too complicated.
  5. You should aim for a big tax refund.

About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Ad: TaxAnalysis Award of Distinction. Honoring those that have made outstanding contributions to the field of taxation.
Information and rates on advertising on TaxProf Blog

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading