Tax talk is filled with statistics, and everyone knows the old Mark Twain saying about the three types of lies: "lies, damned lies, and statistics." Taxpayers, voters, the media, and even elected officials often have a difficult time sorting through all the information—and misinformation—on taxes that circulates on the internet, in the media, in political speeches, and in election debates and ads. Tax policy is a complicated, often confusing subject, and it's no wonder that so many people have trouble understanding it.
The Tax Foundation helps sort through the facts, lies, nuances, and half-truths with its Tax Fact Check publications, blog posts, and podcasts. Tax Foundation scholars analyze political speeches, debates, campaign advertisements, websites, and other sources to separate the tax facts from the falsehoods and help taxpayers understand and evaluate what they read and hear.
29 Democratic members of Congress from California today urged California to make its film tax credit more generous. A bill to do so, AB 1839, has passed the state Assembly and is pending in the Senate.