false

27/07/2021

The central government levies only 5 percent tax on LPG cylinders, whereas the state governments levy a tax of 55 percent.

misleading

30/03/2021

Individuals earning $200,000 annually can be taxed under Biden's proposed tax hike.

true

08/03/2021

Income Tax department found income discrepancies of Rs 650 crores after raids on Taapsee Pannu and Anurag Kashyap.

true

24/02/2021

Indians are taxed 260 percent for fuel, four times more than the UK, Japan, and the US.

true

10/02/2021

The annual budget allocated to Scotland is more than the taxes paid by Scottish taxpayers.

true

12/01/2021

About 65 percent of Americans will face a higher tax rate in 2027 due to the Tax Cuts and Jobs Act of 2017.

true

16/12/2020

The Trump tax fraud investigation in New York involves millions of dollars paid to Ivanka.

misleading

29/10/2020

Joe Biden will repeal Trump's tax cuts which will lead to increased taxes for the middle class.

false

22/10/2020

Trump's tax cuts gave the average family $4,000 more.

partly true

12/10/2020

Joe Biden wants to impose a 40% capital gains tax

true

08/10/2020

Donald Trump paid $750 in federal income taxes in 2016 and 2017.

true

05/10/2020

Joe Biden used a tax loophole that the Obama administration tried and failed to close, substantially lowering his tax bill.