[Cobra64]

What was the top Federal Income tax rate 100 years ago? I know the answer, but would like to hear from fellow FReepers' opinions as to where were then, and where we are now.

Regards.

[Mind-numbed Robot]

Our current corporate and personal income tax structure is alienating the American people, chasing American business and capital out of this country, and choking our economy.

Just as Karl Marx planned and wrote in his book in 1848. The income tax is the best way to defeat free enterprise. Defeating free enterprise is the best way to install Communism.

The Fair Tax is just the opposite. It gives the government incentive to create a good business environment.

What was the top Federal Income tax rate 100 years ago? I know the answer, but would like to hear from fellow FReepers' opinions as to where were then, and where we are now.

I would be happy to start over and work hard to prevent a repeat. Unless these vitamins work better than I expect, I would be here in 100 years. A clean slate can undo a lot of sins.

There are many problems with politicians and the FT wouldn't solve them all. It will solve some and it will remove an important arrow from their quiver, the present complex tax code, and the influence of the special interest working through that code.

[Conservative Goddess]

"What was the top Federal Income tax rate 100 years ago?"

There was no income tax 100 years ago. The 16th Amendment, which cleared the way for a the Federal government to tax the citizens directly in an unapportioned fashion, was ratified in 1913. The text of the amendment can be found here: http://federalistpatriot.us/histdocs/amendments.htm

Prior to the ratification of the 16th, the Feds were limited to taxes of two distinct varieties: A Direct but apportioned tax such as a head tax.....and a uniform tax such as a duty, impost or excise. Both types of taxes were assessed without regard to income.

Amazing isn't it that our country existed for over 100 years with no income tax at all?