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>Taxes in the US are at historic lows Given that the income tax didn't exist in the US before 1861, and even when it was introduced it was 3%, and in 1913 the
by coldtea 2y ago
>Taxes in the US are at historic lows
Given that the income tax didn't exist in the US before 1861, and even when it was introduced it was 3%, and in 1913 the highest bracket was 7% (on income over $11 million in todays's money) and the lowest was 1%, I seriously doubt that.
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- mandarax8 2y agoAnd income tax was even lower in 10'000BC !! https://www.taxpolicycenter.org/briefing-book/how-do-federal-income-tax-rates-work https://www.taxpolicycenter.org/briefing-book/how-do-federal... For our contemporary age, they are at an all time low.
- deleted 2y ago[deleted]
- deleted 2y ago[deleted]
- coldtea 2y agoI'm not sure you understand what "historic lows" means
- kwhitefoot 2y agoEnlighten him, and us then.
- coldtea 2y agoHISTORIC LOW definition: the lowest level that something, such as a price or interest rate, has been at any time https://dictionary.cambridge.org/dictionary/english/historic-low https://dictionary.cambridge.org/dictionary/english/historic... Consider yourself enlightened.