Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Doug Ross @ Journal (Reporter)
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Handy Comparison Chart: The Income Tax Then... and Now

Tuesday, April 18, 2017 17:25

% of readers think this story is Fact. Add your two cents.

By ATR

As Americans finish yet another tax filing season, let’s take a look at the 104-year history of the income tax:

In 1913 the top marginal income tax bracket was 7% — today it is 39.6%.
In 1913 the marginal income tax bracket range was 1% – 7%. Today the range is 10% – 39.6%.
In 1913 there were 400 pages in the tax code. Today there are 74,608 pages in the code.
In 1913 the family standard deduction was $98,425.45 in today’s dollars. The family standard deduction now is just $12,600.
When the income tax started in 1913, only 358,000 Americans had to file a 1040. Today 148,606,578 Americans file 1040s.

“The American income tax is perhaps the most dramatic example of how government grows at the expense of liberty,”

Read more stories at ATR.org.

Source: http://directorblue.blogspot.com/2017/04/handy-comparison-chart-income-tax-then.html

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,599,604,682
Stories:	8,139,637