Skip Navigation
Share on Facebook
Share on SMS
Share on Email
Navigation
News
Back
Local
SEAtoday
Money
Near Me
Investigators
Nation World
Politics
Environment
Healthlink
Entertainment
Community
Features
Latest News Stories
List: Shelters, warming centers open for western WA residents without power
Power outage restoration timeline pushed back for some PSE customers
Weather
Back
Forecast
Radar
10-Day
Hourly
Maps
Traffic
Drive Times
Webcams
SchoolNet
Closings & Delays
Latest Weather Stories
Western Washington Weather Forecast
Power outage restoration timeline pushed back for some PSE customers
Sports
Back
High School Sports
Seahawks
Mariners
Sounders FC
Reign
Kraken
Storm
Huskies
Cougars
Locked On Podcast Network
VERIFY
Search
Search:
Search
Right Now
Seattle, WA »
47°
Seattle, WA »
Weather
Closings
Advertise With Us
Evening
New Day
Facing Race
Investigators
Contests
On The Record
Explore the PNW
Stand For Truth
TV Listings
Meet the Team
Breaking News
More (
) »
Seattle's Leading Local News: Weather, Traffic, Sports and More | Seattle, Washington | KING5.com
Taxes
Kamala Harris’ claim that billionaires pay lower tax rates than firefighters is misleading
Taxes
Fact-checking misleading Harris claim about billionaire tax rates
VP Kamala Harris said on 60 Minutes that teachers, nurses, and firefighters have higher tax rates than billionaires. Here’s what the tax code actually says.
Taxes
Biden-Harris unrealized gains tax would not tax most Americans
Biden’s proposed unrealized gains tax only targets Americans worth at least $100 million. Most Americans wouldn’t be taxed when their home’s value increases.
Taxes
Biden-Harris unrealized gains tax would not impact most Americans
Biden’s proposed unrealized gains tax only targets Americans worth at least $100 million. Most Americans wouldn’t be taxed when their home’s value increases.
Joe Biden
No, billionaires don’t pay average of 8.2% in federal taxes
President Biden claimed during the State of the Union that the “average federal tax rate” for billionaires is 8.2%. But the actual number is higher.
Olympics
Yes, some U.S. Olympic medalists have to pay federal taxes on their winnings
Federal law exempts Olympic medalists from being taxed on their winnings if their annual incomes are under $1 million. High-earning athletes are still on the hook.
Donald Trump
No, Donald Trump did not lower taxes on billionaires and raise them on everyone else
Illinois Gov. J.B. Pritzker claimed former President Trump lowered billionaires’ taxes while raising them for many working-class Americans. That’s false.
Taxes
Claim Trump can make tips tax-free needs context
Former President Trump says if he wins the 2024 election, there will be “no taxes on tips.” Here’s what would need to happen for tips to be tax-free.
Taxes
Could Trump make tips tax-free?
Former President Trump says if he wins the 2024 election, there will be “no taxes on tips.” But that would only happen if Congress passes a law.
Student Loans
No, taxes are not going up to pay for student loan forgiveness
President Biden’s student debt relief plan does not raise taxes to pay for it, which is something only Congress can do. Here's how it could impact taxpayers.
Social Security
Raising Social Security tax cap for high-income earners would help, but not fix, its shrinking reserves
Taxing more income from higher earners could help with Social Security’s financial problems, but it wouldn’t completely fix the issues.
Taxes
No, credit card cash-back rewards are not taxable
With Tax Day fast approaching, VERIFY reader Larry wanted to know if credit card cash-back rewards are taxable. Here’s why they are not.
Before You Leave, Check This Out
KING would like to send you push notifications about the latest news and weather.
Notifications can be turned off anytime in the browser settings.
No Thanks
Allow
