NOT REAL NEWS: A Look At What Didn't Happen This Week
Last updated 10/15/2021 at 10:38pm
Editor's Note: The following is a roundup of some of the most popular but completely untrue stories ]of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts:
Online posts misrepresent scope of tax proposal, policy
CLAIM: A new tax policy allows the IRS to ‚Äúmonitor all transactions involving bank accounts worth more than $600.‚ÄĚ Another new policy taxes all payments of more than $600 made through applications like PayPal and Venmo.
THE FACTS: Current tax proposals and policies do not call for eit...