61% of Americans Flunk Basic Tax Literacy QuizOver 60% of Americans struggle with fundamental tax literacy.Two-thirds don't understand tax brackets, while 64% can't differentiate between credits and deductions.
Nearly 80% of Americans Don't Know the Share of Taxes Paid by the Top 1%65% of taxpayers see the tax code as overly complex, with majority calling for its reform.
71% of Americans Want Lower Top Rates... Yet 54% Say the Rich Should Pay MoreAmericans have contradictory views on taxes, favoring both lower rates and higher contributions from wealthy individuals.
61% of Americans Flunk Basic Tax Literacy QuizOver 60% of Americans struggle with fundamental tax literacy.Two-thirds don't understand tax brackets, while 64% can't differentiate between credits and deductions.
Nearly 80% of Americans Don't Know the Share of Taxes Paid by the Top 1%65% of taxpayers see the tax code as overly complex, with majority calling for its reform.
71% of Americans Want Lower Top Rates... Yet 54% Say the Rich Should Pay MoreAmericans have contradictory views on taxes, favoring both lower rates and higher contributions from wealthy individuals.
I'm working in tech with a rising W-2 income - how can I reduce my taxable income as I earn more?Higher income can lead to increased tax liabilities, prompting the need for effective tax reduction strategies.
One Thing Musk and Ramaswamy Could Actually Do to Cut Government SpendingSignificant government spending exists in the tax code through deductions and credits, which can be reformed for greater efficiency.
IRS Finds Trump Used Dubious Accounting Maneuver to Claim Improper Tax BreaksWealthy individuals use strategies to minimize personal tax bills, possibly to nothing.
Supreme Court Strikes Down Wealth Tax Case, Leaves Open Possibility for Future CasesThe Supreme Court upheld a Trump administration rule imposing a one-time tax on earnings from foreign corporations, potentially safeguarding the U.S. Tax Code.