IRS tax rates 100 years apart.
(citizenfreepress.com)
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I didn't think the income tax existed in 1913. It was enacted to generate money to fight WWI, is that I thought -- and the original rate was 1%. That's what I learned from El Rushbo, anyway.
Income Tax Amendment was ratified during the last days of the Taft Administration in 1913 and the tax was enacted early in Wilson's first year, 4 years before we got into WWI, and a year before the Austrian heir was assassinated in Sarajevo. Also, all this was passed one year after the Titanic disaster. You can research the connection on GAW.
BTW, the tax amendment was never legally ratified. The Constitution mandates that 3/4 of the states approve the amendment before it is ratified. There were 48 states in 1913, so it would have taken the approval of 36 state legislatures to ratify. This NEVER happened as the ratification process never achieved 36 of the states. The bankers had one of their lackeys, Philander Knox, appointed as Secretary of State to declare the amendment ratified before leaving office.
This is why we now have an income tax.
Interesting! So if we had some politicians with cajones, we could put an end to this unconstitutional tax. Thanks for posting this info. You should post more bits of history here. I'm sure folks would appreciate it.
Problem with the polis is that our money is their heroin addiction. They ain’t giving it up.