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To: MNJohnnie
9-9-9 eliminates that

Riiiiiiight!!!!!

And you believe Congress would never touch the Social Security Trust Fund and the Easter Bunny delivers chocolate easter eggs.

[/s]

In 50 years of Congressional finagling, you would not recognize the result Tax Code.

==

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%

81 posted on 10/02/2011 6:55:04 AM PDT by TomGuy
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To: TomGuy

1918! Exactly why my grandfather Despised Woodrow Wilson! Progressivism was B/S. He was a then CEO at a huge company that brought much prosperity to the US. I never met him, he died before I was born but his conservatism was passed on to my Mom and thus to me!

God Bless you Abba!


251 posted on 10/02/2011 6:06:11 PM PDT by acapesket
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