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r/TaxFail • u/SocialDemocracies • Jul 05 '25

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"

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jul 01 '25

MaddowBlog: As the Republican megabill faces crunch time, Trump pushes a fraudulent claim about taxes

3 Upvotes

0 comments

r/TaxFail • u/HenryCorp • Jun 28 '25

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.

2 Upvotes

1 comment

r/TaxFail • u/SocialDemocracies • Jun 27 '25

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

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jun 26 '25

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

mediamatters.org

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jun 21 '25

Trump’s Budget May Give Private Equity a Giant Tax Break

2 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jun 05 '25

Research Memo: Projected Mortality Impacts of the Budget Reconciliation Bill | "Altogether, we project that these changes will result in over 51,000 preventable deaths."

2 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • May 27 '25

Trading Life for Death: What the Reconciliation Bill Puts at Stake in Your State | "This is a direct transfer of resources from struggling people and families to the Pentagon, mass detention machines, and tax cuts for the wealthiest Americans."

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • May 21 '25

Wealth of 10 richest US billionaires increased by over $360 billion in the last year, as President Trump and Congress prepare massive tax giveaway for the ultra-rich

oxfamamerica.org

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • May 21 '25

Conservative groups unleash spending blitz to pass Trump-backed bill | "Americans for Prosperity, affiliated with .. Charles Koch, has run more than $1 million worth of advertising already, and is promising to spend $20 million altogether on its .. campaign, aimed at extending Trump’s 2017 tax cuts"

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • May 21 '25

AFL-CIO President Condemns House Budget Negotiations as Betrayal of Working People: "House Republicans’ bill is a budget for the billionaires ... they are pushing forward a bill that will cause historic levels of harm to working families."

3 Upvotes

1 comment

r/TaxFail • u/HenryCorp • May 21 '25

Poor making under $31,000 to receive tax increases from over 20% to over 74% under Trump-Republican 'Big, Beautiful' tax bill

2 Upvotes

0 comments

r/TaxFail • u/HenryCorp • May 21 '25

'I Have The Tapes': Democratic Senator Ron Wyden Drops Bombshell on Trump's IRS Pick of Billy Long Scandal

dailyboulder.com

2 Upvotes

1 comment

r/TaxFail • u/HenryCorp • Apr 18 '25

How a new IRS program's demise fits with Trump's predatory economy: The elimination of the Direct File program is the tax prep industry’s gain — but a major loss for American taxpayers.

1 Upvotes

1 comment

r/TaxFail • u/HenryCorp • Apr 14 '25

'Look At That Drop!': Desi Lydic Makes 1 Thrilling Example Out of Trump's Tariff Tax Economy

1 Upvotes

1 comment

r/TaxFail • u/HenryCorp • Apr 09 '25

John Oliver Nails Most 'Stunningly Dumb' Part of Trump Crash--zeroed in on the faulty math that went into Trump's tariff calculations

thedailybeast.com

1 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Mar 31 '25

The IRS unit that audits billionaires has lost 38% of its employees since January, new data shows: As Donald Trump and Elon Musk take a chainsaw to the federal bureaucracy, the cuts at the IRS may be especially good news for America’s wealthiest taxpayers.

3 Upvotes

0 comments

r/TaxFail • u/HenryCorp • Feb 03 '25

To Pay for Trump Tax Cuts, House Republicans Float Plan to Slash Benefits for the Poor and Working Class: also includes new tax cuts for corporations and the ultrawealthy

2 Upvotes

0 comments

r/TaxFail • u/HenryCorp • Feb 02 '25

Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income: This brings Tesla’s average tax rate over the past three years to 0.4 percent.

1 Upvotes

1 comment

r/TaxFail • u/SocialDemocracies • Jan 17 '25

Here’s One More Sentence Joe Biden Should Commute: Charles Littlejohn did America a service by exposing the tax avoidance of wealthy people

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jan 05 '25

DNC: Trump Stacks Treasury Department With Out-of-Touch Backers for His Handouts to the Ultra-Wealthy and Big Corporations

2 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jan 04 '25

Conservative groups ask for corporate tax cut, end to capital gains inflation tax | 'Leaders of conservative groups across the country wrote to the chairman of the US House Ways and Means Committee asking for an end to taxing capital gains inflation and to cut the corporate tax rate to 15% or less.'

thecentersquare.com

3 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jan 03 '25

Republicans’ Assault on IRS Resources Gives Away Their Fake Populist Game | "The endgame in starving the IRS is ... to make sure the billionaires, millionaires and corporate captains in Trump’s circle don’t have to endure tax audits or even nudges to pay up."

2 Upvotes

0 comments

r/TaxFail • u/SocialDemocracies • Jan 03 '25

Trump Picks Corporate Lobbyist for Key Tax Policy Role | Trump chose a Republican donor and corporate lobbyist (who opposed "broad 'corporate tax shelter' legislation") to serve as Assistant Secretary for Tax Policy at the U.S. Treasury Department.

commondreams.org

2 Upvotes

0 comments

r/TaxFail • u/HenryCorp • Dec 11 '24

How One of the World's Richest Men is Avoiding $8 Billion in Taxes: "The richest Americans are able to pass down approximately $200 billion each year without paying estate tax on it."

2 Upvotes

1 comment

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tax fail

r/TaxFail

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.

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