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61% of Americans who say they pay taxes are probably lying

by Jared Dillian The Urban-Brookings Tax Policy Center recently released a report saying that 61% of U.S. households had paid no federal income tax in 2020, up from 44% in 2019, as the pandemic led to high unemployment and loss of income. Although the number will likely revert to the ...

Guest essay: Taxes: What they are and how they work

by Charles Davisson Government runs on money! Our governments provide us with all kinds of services, from national defense to elementary schools. Mostly, they fund these services with taxes. For a discussion about taxes, you need to understand several concepts: Disposable income, ...