Tuesday, April 6, 2010

George Washington, Thomas Jefferson, Benjamin Franklin and Abraham Lincoln never paid income tax why should I

The first United States income tax was imposed in July 1861, at 3% of all incomes over 800 dollars in order to help pay for the war effort in the American Civil War. This tax was repealed and replaced by another income tax in 1862.

It would be nice if today our income tax was 3% of all incomes over 800 dollars.

George Washington, Thomas Jefferson, Benjamin Franklin and Abraham Lincoln never paid income tax why should I.

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