Skip Navigation
Share on Facebook
Share on SMS
Share on Email
Navigation
News
Back
Local
CLTtoday
Near Me
Crime
Health
Nation World
Politics
Community Impact
Charlotte Hornets
Charlotte FC
Carolina Panthers
Latest News Stories
2 shot in northeast Charlotte, Medic says
Subcommittee bans 7 books from South Carolina high school libraries
Weather
Back
Forecast
Radar
10-Day
Hourly
Maps
Closings & Delays
Chevy Storm Tracker
Traffic
Webcams
Latest Weather Stories
Warm and mild weather continues into the weekend
'Overwhelmingly grateful': NC woman gives birth after being trapped on mountain at 40 weeks pregnant during Helene
Sports
Back
High School Sports
Panthers
College Sports
Hornets
Checkers
NASCAR
Knights
Golf
Olympics
Locked On Podcast Network
VERIFY
Search
Search:
Search
Right Now
Charlotte, NC »
68°
Charlotte, NC »
Weather
Closings
Advertise With Us
News That Impacts You
Where's the Money?
Connect the Dots
Charlotte Today
Contests
Investigators
Breaking News
More (
) »
Charlotte's Leading Local News: Weather, Traffic, Sports and more | Charlotte, North Carolina | WCNC.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.
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.
Taxes
VERIFYING what happens if you don’t file or pay your taxes on time
The IRS penalizes taxpayers for both filing late and paying late. We VERIFY how you can avoid or reduce late penalties and interest.
Before You Leave, Check This Out
WCNC 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
