The original 1913 income tax was 1% for people with incomes above $3,000 (about $80,000 today) and 6% on $500,000 or more ($13 million). About 3% of the population was taxed. Just keep that in mind when Democrats lie and say the wealth tax will remain targeted at just the top. | Poal: Say what you want.

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The original 1913 income tax was 1% for people with incomes above $3,000 (about $80,000 today) and 6% on $500,000 or more ($13 million). About 3% of the population was taxed. Just keep that in mind when Democrats lie and say the wealth tax will remain targeted at just the top. (www.berkson.net)

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[–] • 0 pt

Exactly, which is why it would never work.

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