Paying Taxes 💰: Tax Day is one of the most hated days of the year – especially if you owe Uncle Sam. IWF's Center for Economic Opportunity debunked myths about taxes and answered common questions during a Policy Chat this week.

Are tax refunds a windfall of free cash? Do billionaires like Warren Buffett really pay lower taxes than their secretaries? Is it true that half of Americans pay no taxes at all? Watch the replay below to find out!

WATCH NOW

CHAMPION MESSAGE

"Unfortunately, in the philanthropic sector, what we now see is really a lot of money being spent and a lot of focus on increasing the role of government and promoting this worldview of victim and oppressor where there are winners and losers based on things like skin color, and gender, and sexual orientation.”
- Elise Westhoff, President and CEO, Philanthropy Roundtable

HURTING NOT HELPING

Administration’s ‘Biofuel’ Is ‘Doing Something’ Without Doing Anything

Last week the Biden administration released its latest plan to help alleviate high-cost gasoline prices caused by policies of the administration itself. According to the White House fact sheet, a main feature of the proposal includes issuing an emergency waiver that will allow for the use of E15 (gasoline that includes a 15% blend of ethanol) during summer months. However, this biofuel waiver is nothing more than a publicity stunt. Read more.

Just In: The Future of Environmentalism: True Conservation Read

DID YOU KNOW

America’s Parents Aren’t ‘Woke’ but They Are Awake

New Jersey elementary students cannot read well, but the state board of education expects seven-year-olds to, “list medically accurate names for body parts, including the genitals,” as part of the new health and physical education curriculum standards. To confuse children further, the lesson instructs them, “Being a boy or a girl doesn’t have to mean you have those parts.” Public school agendas have swung so far left in an attempt to sexualize our precious children that parents are fighting back. Read more.

Spotlight: Even the Left Is Beginning To Admit It Has Pushed Transgenderism Too Far Read

IN THE NETWORK

Ready To Fly? Maskless!

Is the mask mandate nightmare on flights really over? What do you think? Join the conversation! Independent Women’s Network has daily Conversation Starters on everything, especially top headlines from the day. Activate your 2022 membership and tell us what you think.

ADD YOUR COMMENTS

Trending Now: David Weil’s Defeat Is a Win for Worker Freedom Read

TWO TRUTHS & A LIE

Who Pays the Most in Taxes?

Every year as Tax Day rolls around, the same “facts” about the wealthy not paying their “fair share” get brought up.

Can you identify which of the following statements about taxes is not true?

A. The top 1% paid a larger share of income taxes than the bottom 90% combined.
B. Half of taxpayers paid nearly all of the taxes.
C. The bottom 90% pay the most in all federal taxes.

CHECK YOUR ANSWERS

She Thinks Podcast

New Episode: How is the COVID-19 pandemic affecting children? Mary Katharine Ham, a nationally prominent journalist, author, and speaker, joins the show to discuss. Listen here.

Listen on your favorite podcast app:

Next Episode: This Friday, Riley Gaines, a senior on the University of Kentucky's swim team, joins to explain from firsthand experience why competing against transgender swimmer Lia Thomas isn't fair to females. Hear it here.

CAPSULE REVIEW

A Little-Known Biden Tax Provision Could Make Waves

As the tax season has progressed, a little-noticed provision in the American Rescue Plan Act (ARPA) is garnering more attention, and much of that attention revolves around a fundamental misunderstanding. We've flagged the concerns you should know about.

The FDA’s Center for Tobacco Products Has Even More of a Burden

This month, the U.S. Food and Drug Administration (FDA) formally took on a new role: the regulation of synthetic nicotine, which now falls under the definition of a tobacco product. Although the agency believes that it needs to have this authority, the sudden change threatens adult access to hundreds of thousands of safer tobacco products.

DONATE

Thanks for subscribing to the Weekly Capsule. Please invite your friends to sign up for IWF's newsletters.

Be sure to follow IWF on social media:

UPDATE PREFERENCES | UNSUBSCRIBE