[UnbelievingScumOnTheOtherSide]

We'd be in a lot better shape now if the income tax had been limited to original 3% top rate.

It would have gone from 3% of net to 3% of gross to 3% of wealth which would be redefined as "income" every Jan. 1. (Socialist states have actually done this.) And the same people would be voting for that as voted for the current system. 5% reduced most free Romans to medieval serfdom.

3% of wealth would be around $2 trillion or so, which is what the federal government takes anyway.

[slowhandluke]

It would have gone from 3% of net to 3% of gross to 3% of wealth which would be redefined as "income" every Jan. 1.

Maybe, but probably not. Had there been a limit in the 16th Amendment, it would have meant that the Progressives weren't that strong, or the anti-Progressives not that gullible.

I just think that we would have had a slower progression, had the conservatives been a bit more conservative in their grant of new taxing power.