A new report from Citizens for Tax Justice answers many of the questions that are frequently asked about taxes during this time of year and clears up the old myths that are still accepted by many as fact. Here is just a sample of some of the questions that are answered:
Question: Does President Obama plan on raising our taxes?
Question: There might be cyclical downturns and upturns in the economy that no one can control, but don't tax cuts help us climb out of downturns a little faster?
Question: What are "tax havens" and why are some people in an uproar over them?
Question: What does it matter to me if someone else is hiding their income from the IRS?