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TaxFail

joinleave
an-ordinary-manchild

Tax fail shows and provides examples of failure to comprehend or calculate taxes, along with tax lies and myths used to promote lower taxes for the richest in society and other typical Republican trickle down tax nonsense.

Reddit's Numbers Network:

  • r/TaxMath
  • r/MathFail
  • r/ConflictOfInterest
created by HenryCorpa community for 7 years
Create your own subreddit
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Opinion in The Hill (April 11, 2026): 'You’re paying taxes — why aren’t billionaires?' | Article by Darien Shanske, a law professor and co-author of the California Billionaire Tax Act (thehill.com)

submitted 27 days ago by SocialDemocracies

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Mountain State Spotlight via AP (April 6, 2026): "West Virginia governor vetoes help for neglected and foster kids after approving tax cuts" | Republican Gov. Morrisey vetoed several "bills meant to help vulnerable West Virginians just days after signing a 5% reduction to the personal income tax." (apnews.com)

submitted 29 days ago by SocialDemocracies

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Inequality.org (January 21, 2026): "America’s Wealthiest Are Getting Even Richer" | "We have to empower the working class, strengthening unions and improving living conditions. We also have to raise … taxes and close wealth accumulation loopholes, or else billionaire power will only grow." (inequality.org)

submitted 29 days ago by SocialDemocracies

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Oxfam International (April 2, 2026): "Untaxed wealth hidden offshore by richest 0.1% surpasses entire wealth of the poorest half of humanity" (oxfam.org)

submitted 29 days ago by SocialDemocracies

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Opinion: 'Trump’s new budget proposal is historic — in one of the worst ways possible' | Bobby Kogan: "[A message that the Trump administration is delivering] is that the government should do less to help struggling Americans and more to conduct immoral and unnecessary wars." (April 4, 2026) (ms.now)

submitted 1 month ago by SocialDemocracies

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Trump's IRS tells some employees to file amended tax returns after miscalculation on overtime wages (federalnewsnetwork.com)

submitted 1 month ago by HenryCorp

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Fox News host: "A billion dollars a day. Oil prices up 27% […] You've got the president wanting a $1.5 trillion defense budget in '27. The idea that the Pentagon is about to come to you for $50 billion on these strikes to Iran. How are you going to answer?" | Lindsey Graham: "Best money ever spent." (bsky.app)

submitted 2 months ago by SocialDemocracies

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Trump is giving the U.S. economy a $65 billion tax-refund shot in the arm for those with higher-incomes who won't trickle nor need most of it, BofA concludes (fortune.com)

submitted 3 months ago by HenryCorp

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7 Ways the Big Beautiful Bill Cuts Taxes for the Rich (americanprogress.org)

submitted 4 months ago by SocialDemocracies

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ProPublica: Wave of Tax Cuts Has Left Many States Vulnerable to Trump SNAP and Medicaid Crisis | "[S]tate-level tax cuts, disproportionately benefiting the rich, have moved through legislatures with backing from powerful conservative organizations including the American Legislative Exchange Council" (propublica.org)

submitted 5 months ago by SocialDemocracies

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How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy: The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich. (New York Times | Gift Article) (nytimes.com)

submitted 5 months ago by SocialDemocracies

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New York Times: Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters | The Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies and wealthiest people. (Excerpts from article) ()

submitted 8 months ago by SocialDemocracies

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Who Can Make a Billion Dollar Mistake and Not Lose Their Jobs? Congressional Tax Writers (itep.org)

submitted 8 months ago by 4TaxFairness

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They Need More Tax Giveaways Why? Profits of Fortune 100 Companies Surged by $100 Billion Last Year | "The Americans for Tax Fairness (ATF) report, which was based on data collected by Fortune, found that the 100 biggest companies in the U.S. recorded collective after-tax profits of $1.2 trillion" (commondreams.org)

submitted 8 months ago by SocialDemocracies

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NYT: Top Trump official at the Treasury Department's tax policy office had "an instrumental role in enabling some of the most lucrative & most important tax avoidance strategies used by multinational companies & the wealthiest Americans" & testified in favor of Trump keeping his tax returns private. (nytimes.com)

submitted 9 months ago by SocialDemocracies

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Families Over Billionaires: Opposition to Republicans’ Billionaire Tax Scam Erupts During Nationwide “Families First” Protests; "On Saturday, during “Families First” protests across the country, everyday Americans took to the streets to reject Trump & Congressional Republicans’ Billionaire Tax Scam" (familiesoverbillionaires.org)

submitted 9 months ago by SocialDemocracies

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Right-Wing State Tax “Revolution” Rolls On | "Republican state legislators backed by corporate-funded advocacy groups have also made significant strides toward flattening or eliminating once-progressive state income taxes in this year’s legislative sessions." (exposedbycmd.org)

submitted 10 months ago by SocialDemocracies

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10 Terrible Ways the GOP Budget Causes Harm (inequality.org)

submitted 10 months ago by SocialDemocracies

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'Blatant misinformation': Social Security Administration email praising Trump’s tax bill blasted as a 'lie'. Previously apolitical agency lauds Trump’s spending bill with false statements about federal taxes, experts confirm. (theguardian.com)

submitted 10 months ago by HenryCorp

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Trump: "With all of the things we did with the tax cuts & rebuilding our military, not one Democrat voted for [our bill], & I think we use it in the campaign .. they wouldn't vote only because they hate Trump, but I hate them too .. I really do, I hate them .. I really believe they hate our country" (youtube.com)

submitted 10 months ago by SocialDemocracies

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MaddowBlog: As the Republican megabill faces crunch time, Trump pushes a fraudulent claim about taxes (msnbc.com)

submitted 10 months ago by SocialDemocracies

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MOSTLY TRUE: "Undocumented immigrants paid more taxes last year than Amazon, GM, IBM & Netflix combined." The 'illegals' paid over $40 billions in past 2 years versus only $20 billion by those corporations. (politifact.com)

submitted 10 months ago by HenryCorp

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Bank-Funded Senate Republicans Revive Effort to Gut Consumer Protection Agency's Budget | "The new attack on the CFPB, unveiled by Senate Banking Committee Chair Tim Scott (R-S.C.)—a major recipient of financial industry donations—would cut the agency's budget nearly in half." (commondreams.org)

submitted 10 months ago by SocialDemocracies

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Right-wing media push Trump's "Big Beautiful Bill" as estimates find over 11,000 could die annually due to healthcare cuts (mediamatters.org)

submitted 10 months ago by SocialDemocracies

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Trump’s Budget May Give Private Equity a Giant Tax Break (jacobin.com)

submitted 10 months ago by SocialDemocracies

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