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Five Myths About Taxes

Friday, April, 12th, 2013 at 9:15 am

“I paid my income tax today!” So went one of Irving Berlin’s lesser-known patriotic jingles. “I never felt so proud before/To be right there with the millions more/Who paid their income tax today!” Few share Berlin’s enthusiasm, as grumbling about the income tax reaches a crescendo on April 15. Let’s topple some tall tales about taxes before writing checks to — or getting checks from — the dreaded Internal Revenue Service.

1. The income tax is a big-government Democratic scheme.

The first income tax in the United States was enacted under the first Republican president, Abraham Lincoln. Before the Civil War, Republicans were the party of big government, supporting high tariffs, infrastructure spending and centralized bank regulations.

Read full article on washingtonpost.com