In response to
The ObamaNation Poverty Plantations
Mike McGinn in People's Republic of Maryland
Thursday, September 20, 2012 at 12:53 PM
In response to
The Right Opinion
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Terrorism Is Never Justified
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Tom Ridge
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Boston Bomber Linked to 9/11 Anniversary Murder of Jews
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Obama's Bloody Recipe for More Benghazis
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The 'Assassinate Wall Street' Movie
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First Amendment Clause-Trophobia
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There's a Fly in My Soup
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Obama and the Law
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Liberty, Where Have You Gone?
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Obama May Survive, but Scandals a Blow to Left
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Weathering the Politicians
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When Did We Vote to Become Mexico?
- More Opinion
Policy and Analysis
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Ironically, before 1913, when our nation first started taking a socialist tilt, NO ONE paid federal income taxes. The federal income tax didn't exist before 1913. There were only seven tax brackets in 1913 (1% - 7%) and you had to earn the inflation adjusted equivilent of over $450,000 before you moved into the 2% bracket. However, a short 5 years later in 1918 (never letting an crisis like WWI go to waste) there were 56 tax brackets ranging from 6%-77%. That person earning $450,000 in 1913 who paid just 2% was now paying 26% in 1918. The rest, as they say, is history.