Comments on: The History of the Federal Income Tax http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html News for Consumers in Changing Times Sun, 12 Feb 2012 04:49:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: JAX http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-476 JAX Sun, 25 Mar 2007 22:54:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-476 Let's just do away with the IRS!!!!<br/><br/>http://edgemedia.info/2007/03/25/lets-abolish-the-irs/ Let’s just do away with the IRS!!!!

http://edgemedia.info/2007/03/25/lets-abolish-the-irs/

]]> By: Anonymous http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-469 Anonymous Fri, 23 Mar 2007 16:25:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-469 i think all taxes should be 94%... i think all taxes should be 94%…

]]> By: Augie De Blieck Jr. http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-467 Augie De Blieck Jr. Fri, 23 Mar 2007 13:22:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-467 Saying that the only thing that made sense was to raise taxes is highly argumentative, also. It was tax cuts earlier in the 80s that helped drastically increase tax revenues flowing into the federal government, after a drastic tax increase slowed them down. Asking people to pay MORE when there's a recession is just backwards. Saying that the only thing that made sense was to raise taxes is highly argumentative, also. It was tax cuts earlier in the 80s that helped drastically increase tax revenues flowing into the federal government, after a drastic tax increase slowed them down. Asking people to pay MORE when there’s a recession is just backwards.

]]> By: adam http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-463 adam Thu, 22 Mar 2007 20:48:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-463 this:<br/><br/>"By 1917, the top tax rate had jumped up to 15% for those who make at least $2,000,000 a year. When 1917 came around, the top rate jumped to a shocking 67% rate!"<br/><br/>doesn't really make sense, unless it happened during the same year.5 this:

“By 1917, the top tax rate had jumped up to 15% for those who make at least $2,000,000 a year. When 1917 came around, the top rate jumped to a shocking 67% rate!”

doesn’t really make sense, unless it happened during the same year.5

]]> By: Anonymous http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-461 Anonymous Thu, 22 Mar 2007 19:44:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-461 "George H. W. Bush did the only thing that made sense at the time, and raised taxes"<br/><br/>The president cannot raise taxes. Only congress can. “George H. W. Bush did the only thing that made sense at the time, and raised taxes”

The president cannot raise taxes. Only congress can.

]]> By: Anonymous http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-460 Anonymous Thu, 22 Mar 2007 16:47:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-460 This is a bit misleading. It doesn't show what income was taxed in 1945. This is a bit misleading. It doesn’t show what income was taxed in 1945.

]]> By: Moneywise http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html/comment-page-1#comment-459 Moneywise Thu, 22 Mar 2007 16:12:00 +0000 http://www.americanconsumernews.com/2007/03/the-history-of-the-federal-income-tax.html#comment-459 People who put money in traditional IRA have to think about this because they are currently saving 25% (or whatever is the tax bracket) in taxes and they may pay 70% when money comes out. People who put money in traditional IRA have to think about this because they are currently saving 25% (or whatever is the tax bracket) in taxes and they may pay 70% when money comes out.

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