Have you heard the misleading ad against Congresswoman Lois Capps? The truth is she once rented a room to a staffer for low rent and did not think to report this small amount of income. When she did, she voluntarily paid the extra tax. Her opponent is being pursued by the IRS for an enormous amount.
Capps did not raise your taxes. She voted to reduce payroll taxes for 95 percent of employees and employers.
The ad calls the $90-a-year penalty for refusing to buy health insurance when you can afford it “the biggest tax increase ever.”
This article appears in Sep 27 – Oct 4, 2012.
