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To: kristinn
It only took Congress two years to begin finagling the original IRS rates.

Early IRS rates:

Year $10,001 $20,001 $60,001 $100,001 $250,001 $500,001 $1,000,000
1913 1% 2% 3% 5% 6% 7% 7%
1914 1% 2% 3% 5% 6% 7% 7%
1916 2% 3% 5% 7% 10% 12% 13%
1918 16% 21% 41% 64% 72% 76% 77%
1920 12% 17% 37% 60% 68% 72% 73%

127 posted on 10/18/2011 5:18:24 PM PDT by TomGuy
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To: TomGuy

Ahhhh lookie here. It’s beat up on Herman Cain night at this debate. Why am I not surprised?


137 posted on 10/18/2011 5:19:26 PM PDT by Severa (I can't take this stress anymore...quick, get me a marker to sniff....)
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To: TomGuy

Is that for real? In 1918, millionaires were paying 77%??


142 posted on 10/18/2011 5:20:23 PM PDT by rightwingintelligentsia (Be careful of believing something just because you want it to be true.)
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To: TomGuy

Cain has the only plan - so it’s the only plan they are all attacking.

Like the kid who owns a car -he pays for gas, knows the route, and everyone wants to tell him how to drive.


147 posted on 10/18/2011 5:21:00 PM PDT by sodpoodle (Cain - touching the better angels of our nature.)
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